The average bear market length is 289 days, or roughly nine and a half months. For the first time since 2020, the S&P 500 closed in bear market territory on June 13, 2022, dropping by over 20% from its peak in January. So, are we in a bear market? The answer is yes. A bear market indicates a steep decline in stock prices. While bear markets…
he rehabilitation center cited estimates that about 1% of cryptocurrency traders will develop an “extreme” addiction to crypto trading. A luxury rehabilitation center in Spain has recently added services aimed at treating a relatively new kind of addiction — crypto trading. The center, called “The Balance,” is a Switzerland-founded wellness center, with its main facility located on the Spanish island…
The price of one Bitcoin (BTC) in Nigeria has skyrocketed to the equivalent of $38,000 in the local currency, the naira. The price of Bitcoin BTC $23,546 in Nigeria has skyrocketed to well above global market levels amid continued efforts by the central bank to push its citizens into digitalized cash. At the time of writing, the price of 1 BTC…
Market analyst Cole Garner suggests that Bitcoin bulls are in for a treat amid an ongoing BTC price renaissance. Bitcoin BTC $23,030 remains firmly “bullish” at $23,000, according to new on-chain metrics from one of the industry’s best-known names. In a preview on Jan. 28, market cyclist and on-chain analyst Cole Garner revealed what he said were “backtested and validated” Bitcoin trading tools….
The U.S. will pay over $1 trillion in debt interest next year, the equivalent of three or more Bitcoin market caps at current prices. Commentators believe that Bitcoin BTC $23,010 bulls do not need to wait long for the United States to start printing money again. The latest analysis of U.S. macroeconomic data has led one market strategist to predict quantitative…
While most of SBF assets have been seized, Federal prosecutor Damian Williams outlined that the government is also looking to take control of three of his affiliated Binance accounts. According to new court filings, disgraced FTX founder Sam Bankman-Fried (SBF) will be subject to the forfeiture of roughly $700 million worth of assets if he were to be found guilty…
BTC price action knocks out resistance levels as $20,000 gets ever closer, but not many are convinced that the Bitcoin bull run will last much longer. Bitcoin BTC $19,283 stayed near $19,000 at the Jan. 13 Wall Street open as traders hoped a week of swift gains would stick. BTC price “breakout or fakeout remains to be seen” Data from Cointelegraph Markets…
Hong Kong investors can now gain exposure to Bitcoin through Samsung new ETF listing, launching on Jan. 13. In Hong Kong, the bell rings for Bitcoin BTC $18,078 . Samsung Asset Management Hong Kong (SAMHK), a subsidiary of Samsung’s investment arm Samsung Asset Management, is set to list the “Samsung Bitcoin Futures Active ETF” on the Hong Kong stock market on…