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Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price prediction shows that BTC remains at a risk of more downsides below the $16,000 support before the end of the year. Bitcoin Prediction Statistics Data: Bitcoin price now – $16,595 Bitcoin market cap – $319.4 billion Bitcoin circulating supply – 19.2 million Bitcoin total supply – 19.2 million Bitcoin Coinmarketcap ranking – #1 BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $20,000, $18,000, $16,000 Support Levels: $14,000, $12,000, $10,000 BTC/USD loses its momentum after touching key resistance above $16,634. Since the past few days, the Bitcoin price has been struggling to clear the $17,000 resistance and with the look of things, the king coin may end the year further lower. Meanwhile, Bitcoin may struggle to stay above $16,500, and if it does, it should be free to rise well above $17,000 if it moves in the next posit...

Bitcoin family from London have "no regrets" about their decision to sell Bitcoin to start a family. Bitcoin (BTC) gains helped Noodle, a London-based Bitcoiner, to afford in vitro fertilization (IVF) treatments for his family . Noodle’s story (not his real name) comes to life in a Cointelegraph crypto story. In vitro fertilization (IVF) treatments can be expensive, with success rates ranging from 4% to 38%, depending on various factors. Fortunately, profits from buying and holding Bitcoin provided the necessary funds for Noodle to start a family. Noodle, who first heard about Bitcoin in 2012, decided to sell some of his Bitcoin to pay for IVF treatment for his wife. Noodle favored selling BTC over taking out a loan–he converted over $70,000 in Bitcoin into fiat currency over a few years to pay for the treatments. Noodle's journey with Bitcoin began when he was at the gym. An acquaintance introduced him to the Silk Road, a now-defunct marketplace where users can buy an...

RobotEra is a brand new metaverse that has been taking the world by storm with its promise of making a metaverse that is far more enjoyable and comes with far more utility than metaverses of the past.  Combining a range of opportunities for building one's own cities and planets with robots with an incentive structure for gamers that is sure to retain interest, the RobotEra metaverse hopes to rival giants such as Decentraland the Sandbox.  Win play to earn rewards in TARO In order to distinguish itself more effectively from other metaverses, the RobotEra team feel compelled to offer as much utility as is possible, and they are to be doing this by creating a series of games within the RobotEra metaverse.  Not only does this mean that people are more likely to spend more time in the RobotEra metaverse (which then becomes a more entertaining place to be because it isn't as much of a ghost town as competitors like Decentraland), but it means that people can...

Cryptocurrency exchange Kraken is shutting down services in Japan. The company explained that the current Japanese market conditions and a weak global crypto market do not justify the resources needed to further grow its business in Japan at this time. Kraken Exiting Japan Cryptocurrency exchange Kraken announced Wednesday that it has decided to “cease its operations in Japan and deregister from the Financial Services Agency (JFSA) as of January 31, 2023.” The company explained that the decision to exit the Japanese crypto market is part of its “efforts to prioritize resources and investments” in the areas that align with the company’s strategy and “will best position Kraken for long-term success.” The announcement details: Current market conditions in Japan in combination with a weak crypto market globally mean the resources needed to further grow our business in Japan aren’t justified at this time. “As a result, Kraken will no...

Image credit: FTX As the US authorities continue their investigation into the sudden collapse of major crypto exchange FTX, federal prosecutors are probing an alleged hack that allowed cyber criminals to steal assets worth more than $370 million from the platform hours after it filed for bankruptcy.  The US Department of Justice has kicked off a criminal probe into the cyber theft, separating it from the fraud case centered around FTX’s disgraced co-founder and potential author Sam Bankman-Fried, a person familiar with the case who requested not to be named told Bloomberg.  The available data suggests that criminals left behind traces of transactions, and the stolen assets that were siphoned from the exchange were laundered into bitcoin (BTC) and ethereum (ETH). After the theft was discovered by the US authorities, they succeeded in freezing some of the stolen assets, according to the unnamed source. This said, the frozen funds only represent a s...

The crypto market has noted no improvement on the price front since the beginning of this week. Post the not-so-merry Christmas, asset prices remain stagnated. Resultantly, the aggregate value of all cryptos in the industry continued to hover around the $810 billion threshold. Fear, however, is gradually being wiped out of the market. In Ethereum’s case, the F&G index pointed to a neutral reading of 38 at press time. The valuation of the ETH token, on the other hand, stood at $1,218.51 on Tuesday. Source: Twitter Read More: After Ethereum’s PoS Switch, How Many PoW Coins Are Still Relevant? Ethereum’s Mixed Palette Just like how scarecrows chase away birds from fields, it seems like stagnated prices are doing the same to investors from the crypto market. The lackluster interest of market participants is evidently visible on the exchange Netflow metric. As shown below, the bars on the chart have been getting shorter with time. Over the past day, the exchang...

The SushiSwap price prediction is seen breaking above the $0.95 resistance level as SUSHI trades bullishly above the 9-day moving average. SushiSwap Prediction Statistics Data: SushiSwap price now – $0.97 SushiSwap market cap – $217.2 million SushiSwap circulating supply – 222.2 million SushiSwap total supply – 244.5 million SushiSwap Coinmarketcap ranking – #109 SUSHI/USD Market Key Levels: Resistance levels: $1.60, $1.65, $1.70 Support levels: $0.45, $0.40, $0.35 SUSHIUSD – Daily Chart SUSHI/USD is likely to begin a recovery move above the resistance level of $0.98 as the coin spikes to the upside to trade close to the resistance level of $1.00. However, the coin is currently trading at $0.97 with a bullish movement toward the 9-day and 21-day moving averages. Meanwhile, if the SushiSwap price slides below the 9-day moving average, sellers may attempt to return to the market. SushiSwap Price Prediction: SushiSwap Price Ready to Gain M...

SEC’s request to seal documents in the Ripple Labs case has sparked criticism from the community. The United States Securities and Exchange Commission (SEC) has requested to seal the infamous Hinman Speech documents, claiming that they are not relevant to the court’s summary judgment decision. The Motion to Seal Summary Judgment Document was filed by the SEC on Dec. 22, requesting the sealing of various information and document s, most notably the Hinman Speech document s. The Hinman Speech documents refer to the speech given by former SEC Corporation Finance Division Director William Hinman at the Yahoo Finance All Markets Summit in June 2018, where he reportedly stated that Ether (ETH), the native token of the Ethereum blockchain, is not a security. Ripple believes it is a vital piece of evidence to help them with its case against the U.S. regulator. In its latest motion, the SEC said its mission outweighs the “public’s right” to access documents that have “no relevance” to the Cou...

This week in crypto: on-chain data suggested whales were unloading BTC at a record-breaking rate, Elon Musk might step down as the CEO of Twitter and DOGE reacted, the ARG price dropped in the wake of Argentina’s triumph in the FIFA World Cup, and Core Scientific filed for bankruptcy. Charles Hoskinson called the XRP community "toxic and petty" and argued that the project "provides no partnership or technical value", almost 8 in 10 Russians said bitcoin is the “most reliable” cryptoasset in circulation, and a new report showed DeFi outperforming traditional finance in market conditions. Meanwhile, Visa released a proposal that would enable Ethereum users to make automated programmable payments. Experts explained why Terra’s Do Kwon might be in Serbia, while Sam Bankman-Fired agreed to be extradited to the US, soon signed the extradition papers, and was officially extradited on Thursday. The new FTX management said they’d retrieve money p...

As far as comparisons go, this is an outrageous yet, reasonable one. Alongside bearish news updates, 2022 also saw Elon Musk make it to the headlines on quite a frequent basis. So, along with the bears, it wouldn’t be wrong to say that this year also belonged to Musk. Assets from the financial space, especially cryptos like Dogecoin and Shiba Inu, have seldom hesitated to dance to Musk’s music. The Twitter executive, however, couldn’t do much to save the price of such assets this year. It’s known that Bitcoin and Ethereum have suffered and shed around 60-70% each this year, but so have other Elon Musk-related asset prices. The stock price of his own company Tesla noted a 64.42% YTD dip. Dogecoin was down 54.36%, while Shiba Inu lost 75.22% in the same timeframe. Did Twitter Snatch Away Tesla’s Father? Specifically speaking of Tesla, the downtrend was slightly off-beat. More so, because other stocks from the same sector like Ford [F] and Genera...

Parties associated with FTX have been making new filings almost every day. Via the latest one made on Thursday, FTX asked a US bankruptcy judge to stop crypto lender BlockFi from getting its hands on Robinhood shares. FTX lawyers revealed in the court papers that BlockFi and an individual FTX creditor filed for separate court proceedings in New Jersey and Antigua laying claim on the 56 million shares worth $440-$450 million. At press time, three parties are trying to get control of those shares. One, BlockFi—the lender that dodged bankruptcy earlier this year when FTX was solvent. Post FTX’s collapse, however, even BlockFi followed suit. Two, Yonathan Ben Shimon—an FTX creditor designated as a receiver in Antigua. He has the authority to sell the shares under the supervision of a court in Antigua. Three, Sam Bankman-Fried. In the filing, FTX said that SBF looked to claim the shares as “a source of payment for legal expenses.”  ...

Join Our Telegram channel to stay up to date on breaking news coverage Traders are optimistic IMPT has bullish momentum having bounced over 100% from the $0.007 level, and the team posted positive updates. The carbon offset market was introduced on the blockchain by IMPT.io. They achieved this by making the process more accessible, decentralizing it, and eliminating the widespread double counting and fraud in the current offset market. It is exceedingly simple for people to minimize their carbon footprints because they can buy, trade, and retire carbon credits directly through the IMPT platform. IMPT After the Presale After its presale event, IMPT made a remarkable $20.5 million in less than two months, but what will be its value over the next few days? On 11th December, IMPT.io successfully completed its presale event, and on 14th December, it began listing the IMPT token. Denis Creighton, the project’s CEO, however, declared that the presale will be shortened because...