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Bitcoin Is Uninvestable Right Now, Strategist Says

Path Trading Partners co-founder and Chief Market Strategist Bob Iaccino says while bitcoin (BTC) is uninvestable in the short term, "that's not a negative on the space." Long term, he compares bitcoin to gold. Plus, Iaccino's reaction to audit firm Mazars pausing work for crypto clients.

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Bitcoin Nears its First Weekly Chart 'Death Cross'

The cryptocurrency's 50-week simple moving average (SMA) is falling fast and looks set to cross below the 200-week SMA for the first time on record. According to technical analysis theory, the bearish intersection of the two averages often referred to as the death cross, means the market is about to head into a tailspin. Path Trading Partners co-founder and Chief Market Strategist Bob Iaccino weighs in.

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First Mover Americas: Crypto Auditing Hits Snag

Ang pinakabagong mga paggalaw ng presyo sa mga Crypto Markets sa konteksto para sa Disyembre 16, 2022.

Accounting firm Mazars, which did a "proof-of-reserves" audit for crypto exchange Binance, is pausing its auditing work for crypto clients. (CoinDesk archives)

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Bitcoin, Ether Slip bilang Audit Firm Mazars Pause Work for Crypto Clients; Pagbaba ng S&P Futures

Nahigitan ng Bitcoin ang ether at BNB habang ang desisyon ni Mazar na suspindihin ang trabaho sa pag-audit ng Crypto at ang pangamba ng Binance ay nagpabigat sa merkado ng Crypto .

Ether's price chart (CoinDesk, Highcharts.com)

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Bitcoin Ilang Linggo Mula sa Unang Lingguhang Chart nito na 'Death Cross'

Ang Bitcoin ay hindi pa nakakita ng death cross sa lingguhang chart nito dati at ang nagbabala-tunog na tagapagpahiwatig ay may masamang reputasyon sa pag-trap ng mga nagbebenta sa maling panig sa mga tradisyonal Markets.

(PublicDomainPictures/Pixabay)

Merkado

First Mover Asia: Bumaba ng Halos 60% ang mga Active Crypto Developer noong 2022

Sa kabila ng pagbaba sa nakaraang taon, humigit-kumulang 1,600 developer ang aktibo pa rin sa pagbuo ng mga nangungunang blockchain at mga desentralisadong aplikasyon sa panahon ng bear market na ito.

Crypto carnage could be warning sign for equities (Getty Images)

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Crypto Markets Ngayon: Archblock Pagtatangkang Dalhin ang Mga Bangko ng US sa DeFi; Bitcoin at Ether Stall

Ang plano ng Archblock ay dumating sa isang tiyak na oras, na may undercollateralized na mga protocol sa pagpapahiram na nakikipagbuno sa mga default ng pautang sa buong board.

Piggy bank bent forward change money coins (Andre Taissin/Unsplash, modified by CoinDesk)

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Examining Bitcoin's Correlation With Inflation

Bitcoin closely tracks inflation expectations and appears to be negatively correlated to core CPI, real estate prices and M2 money-supply changes. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Pagsusuri sa Crypto Markets : Bitcoin at Ether Stall Kasunod ng Mahinahon na Tono ni Chair Powell

Ang mga rate ng pagpopondo para sa Bitcoin at ether ay may iba't ibang ruta sa ngayon.

Los mercados de criptomonedas podrían estar recibiendo una dosis temprana de la medicina de la Fed. (Christine Sandu/Unsplash)

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Bitcoin Below $18K After Interest Rate Hikes in US and UK

Bitcoin (BTC) is trading at $17,500 following interest rate hikes of 50 basis points by the Bank of England and the U.S. Federal Reserve. Opimas LLC CEO and founder Octavio Marenzi joins “First Mover” to discuss the crypto price actions. Plus, why the bankrupt crypto exchange FTX is now a “lost cause.”

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