TheSpuzz

Source: Bitcoinist Bitcoin continues to demonstrate resilience, holding above crucial demand levels after its recent decline from all-time highs. While the market grapples with negative sentiment and a wave of bearish predictions, BTC price action remains steady, offering hope to investors eyeing a potential recovery. Adding weight to Bitcoin’s strength, CryptoQuant CEO recently shared compelling…

Source: Bitcoinist Recent on-chain data from Glassnode reveals that retail investors, defined as addresses holding 1 BTC or less, have significantly ramped up their Bitcoin purchases in the past two months. Although this interesting trend among retail traders is very bullish for the leading cryptocurrency, it has been contrasted by a deviating trend among whale…

Source: Bitcoinist The Dogecoin price, which has been on a consolidation trend since November 12, has given rise to a rare and bullish chart pattern known as the high tight flag. This pattern, which is like the bull flag, is setting up the Dogecoin price for a significant upward movement. Analyst Highlights Bullish High Tight…

Source: Bitcoinist In a significant development for Bitcoin (BTC), the broader crypto market and the traditional banking industry, BNY Mellon has been identified as the first bank to receive an exemption from the Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin (SAB) 121.  Unchained first reported the announcement during a Wyoming Select Committee on Blockchain, Financial Technology,…