Bitcoin’s price has dwindled significantly in the last 72 hours. Earlier today, the price dropped below $48,000, creating panic and uncertainty as to how low the asset will go before a bounce back. However, perhaps the most interesting thing about the drop is that Bitcoin has never been so oversold since March last year. The Relative Strength Index (RSI) has […]

Chris Larsen, Co-Founder and Executive Chairman of Ripple, explained why he personally believes that the crypto industry should be not just “moving to renewable sources of energy”, but also “reducing unnecessary energy use.” In a post published on Earth Day (April 22) on his personal Medium blog, Larsen said that although “many newer cryptocurrencies are already low consumers of energy […]

At the same time, however, the BTC dominance in the crypto market has finally tumbled below 50 percent at the time of writing. Currently, BTC dominance sits at 49.4 percent, per data from CoinGecko. As previously reported by BTCManager, a steep fall in BTC dominance usually tends to be a precursor to a full-blown altseason. Whether the same will happen […]

The US General Services Administration (GSA) is planning to conduct a Bitcoin auction worth over $500,000. The auction which is to take place from 23-26 April will be the third that the auction arm of GSA will hold this year. GSA manages and supports the basic functioning of federal agencies. It also does auctions to sell off management vehicles, equipment, […]

Few things get the crypto world excited like speculation and discussion about the current or future price of bitcoin. Whether it is a price rally that launches a million tweets talking about bitcoin ‘going to the moon’ or a price drop that validates bitcoin naysayers, the community loves to discuss the price of bitcoin. Experts also weigh in on the […]

Last month, crypto exchange Kraken Co-Founder and CEO Jesse Powell said during an interview that Bitcoin is “going to infinity”. Well, it appears that the people who make the animated sitcom The Simpsons agree. On March 4, Powell talked about Bitcoin during an interview with Emily Chang on Bloomberg TV, and when asked how high the price of Bitcoin could eventually go to, he replied: […]

Bitcoin dropped to $61,049 after it surged to new levels on Wednesday. The $63,500 high was followed by a dip, knocking bulls to the lower ends of the $60,000 price mark. As the market blinks in subtle red for Bitcoin, Coinbase premium skyrockets, meaning that the spot buying pressure from the exchange is becoming stronger. Institutions, long-term holders, and investors […]