"Halfway" Formation Spotted – Monday TA chatter points towards a Bitcoin price of £62k
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The important Bitcoin metric RSI (The Relative Strength Index) has been falling since January. The falling RSI is bullish because it should've resulted in more considerable sell-offs, but instead, it now creates a possible upside. The market is still consolidating, and has been since January. In this respect, Bitcoin acts

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Webonanza - The News You Can Use
Bitcoin Price

Popular Twitter account DocumentingBitcoin Pumping Non-news
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Don't believe everything you read online. Recently some outlets claimed that the island Bequia is going full Bitcoin. In reality, it was just a contractor developing a few villas who wanted some PR. And he got it. The popular Twitter account Documenting Bitcoin received some flames, though. Maybe you should

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Webonanza - The News You Can Use
Bitcoin

New Jersey’s county seized crypto – gained over 250%
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Individuals and organizations are not the only ones profiting from the crypto industry. The latest addition to the growing list of crypto profiteers is Monmouth county in New Jersey, United States, who, through the office of the prosecutor, announced that crypto-assets seized in 2018 had generated a gain of 250

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Webonanza - The News You Can Use
New Jersey

Despite ban, Bitcoin P2P trading volume captures $1.5+ billion in Nigeria
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Recently, the Nigeria crypto space was met with a rude awakening when the Central Bank of the country barred financial institutions from providing their services to companies dealing in crypto-related transactions. However, despite this high level of hostility towards Bitcoin and other crypto assets, the African country has witnessed tremendous

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Webonanza - The News You Can Use
Nigeria

Report: Bitcoin miners are hoarding
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A leading crypto analytic site, Glassnode, has revealed an interesting attitude amongst Bitcoin miners in recent times. According to the site, miners of the top crypto asset are now accumulating more of the flagship cryptocurrency than in recent months. Per the chart released by Glassnode, newly minted BTCs are not

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Webonanza - The News You Can Use
Bitcoin

SEC postpones VanEck Bitcoin ETF decision
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Leading financial regulator in the United States, the Securities and Exchange Commission (SEC), has revealed that it would need more time to review the application of Vaneck for a Bitcoin exchange-traded fund (ETF). This delay comes when the new head of the agency, Gary Gensler, reviews all ETF applications submitted

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Webonanza - The News You Can Use
VanEck

Facebook quells rumor about Bitcoin holding
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While many in the crypto space were expecting Facebook to declare that it was holding Bitcoin on its balance sheet during its Q1 earnings call, the social media giant has now silenced the rumors after it ended the call without mentioning the leading crypto asset.

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Webonanza - The News You Can Use
Facebook

Ethereum market cap flips PayPal as it reaches new ATH
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In the early hours of Wednesday, Ethereum's price moved by 7 percent, pushing the asset to a new all-time high which is above $2700, according to data from Coinmarketcap. This also pushed its market cap beyond $310 billion, which placed it on par with leading financial institution PayPal. While the

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Webonanza - The News You Can Use
DeFi