Bitcoin Price Prediction as $14 Billion Trading Volume Comes In– Here’s Where BTC is Headed Next

Bitcoin Price Prediction as $14 Billion Trading Volume Comes In– Here’s Where BTC is Headed Next

Bitcoin’s cost stayed reasonably steady, near $16,750 on December 22. The BTC/USD set started trading at $16,845 and reached a high of $16,873 and a low of $16,800 on Thursday. The BTC/USD trades sideways due to low trading volume and volatility.

Twitter Updates Search Feature with BTC and ETH Price Index

On December 21, the Twitter Business account included a brand-new function that is an enhancement over “$Cashtags.” Twitter, the social networking website, has actually released a brand-new cryptocurrency tool that permits users to search for the rate of Bitcoin (BTC) and Ether (ETH) by just typing their names or tickers into the search bar.

The account specified that whenever a user tweets the sign of a substantial stock, exchange-traded fund, or cryptocurrency with $ in front of it, they will see a link that takes them to search results page that now include rates charts for those signs. It likewise stated that all you needed to do to see the cost chart was key in the ticker sign for the stock or cryptocurrency you had an interest in.

Elon Musk, Twitter’s CEO, revealed the brand-new function quickly after it was revealed, keeping in mind that it was “among lots of item enhancements pertaining to monetary Twitter.”

At the time of composing, the only cryptocurrencies with rate charts are BTC and ETH. On the other hand, Twitter Business expects enhancing the user experience and broadening sign protection “in the coming weeks.”

Following Elon Musk’s acquisition of Twitter, the website made a number of crypto-friendly relocations. The business means to take these actions even further. These steps might benefit the cryptocurrency market and BTC/USD.

SBF in FBI Custody as FTX Co-founder and Alameda CEO Pleads Guilty to Fraud

On December 21, a United States court revealed that FTX co-founder Gary Wang and Caroline Elison, the previous CEO of sibling business Alameda Research, pled guilty to scams charges and are working together with authorities in their examination of the crypto exchange’s significant fall from grace.

Damian Williams, United States Attorney for the Southern District of New York (SDNY), revealed the most recent advancement in the FTX scandal in a declaration on Wednesday night.

Previous FTX CEO Sam Bankman-Fried, he declared, remained in the Federal Bureau of Investigation’s (FBI) custody. After being deported from the Bahamas, he returned to the United States. The allegations versus the 2 have actually been revealed by the Justice Department, SEC, and CFTC, as SBF journeys to the United States to react to the accusations.

Lawyers for the Southern District of New York specified that charges had actually been submitted versus the set to get cooperation in their examination into FTX’s death. The SEC has actually now suggested that it will charge the 2 for deceptive FTX stock financiers. The insolvency of FTX was the most recent in a string of significant insolvencies in the cryptocurrency market this year.

Issues about contagion triggered substantial losses in BTC/USD and other cryptocurrencies over the last month. As an outcome, any news about the troublesome exchange might affect the wider crypto sector.

Bitcoin Price

Bitcoin’s existing cost is $16,643, and the 24-hour trading volume is $15 billion. The BTC/USD set has actually lost almost 1% in the last 24 hours. Bitcoin’s cost has actually recuperated to the $16,700 trading variety after being up to the $16,300 level. For the time being, Bitcoin’s instant resistance level is above $16,800, and any closing costs listed below this level might show a bearish pattern.

Bitcoin’s instant assistance level is $16,250 or $16,100; a bearish break of this level might expose BTC to $15,650.

Bitcoin Price Chart – Source: Tradingview

According to the MACD and RSI indications, there is presently a blended predisposition in the market. The RSI is showing that the marketplace is oversold, while the MACD shows that there might be upward momentum. These contrasting signals might make it tough to anticipate the instructions of the marketplace pattern.

The closure of candle lights listed below the 50-day basic moving average recommends that the slump might continue.

Alternative Cryptocurrencies with Greater Short-Term Gains

Cryptocurrencies have actually been trading sideways for a number of weeks, triggering some traders to think about options with higher short-term capacity. The following are a few of the marketplace’s leading presales, permitting financiers to participate the ground flooring.

FightOut (FGHT)– Presale Launches

FightOut, a new move-to-earn (M2E) physical fitness app and health club chain that intends to bring the physical fitness way of life to web3, has actually opened its pre-sale, and financiers think the task has the possible to change the existing web3 M2E landscape.

Existing M2E applications, such as STEPN, just track actions and need costly non-fungible token (NFT) buy-ins to get involved, whereas FightOut takes a more holistic technique to tracking and rewarding its users for their workout and activity and does not need any pricey buy-ins.

FightOut’s FGHT tokens are presently costing 60.06 USDT per 1 USDT, and interested financiers are motivated to act rapidly to protect their tokens, with the presale raising over $2.7 million in simply a couple of days. The FightOut crypto environment will be powered by the FGHT token.

Go To FightOut Now

Dash 2 Trade (D2T)– Presale Enters Final Stage

Those wanting to buy an appealing crypto trading platform start-up need to think about Dash 2 Trade. With its distinct functions, the up-and-coming analytics and social trading platform want to take the crypto trading area by storm. Trading signals, social belief and on-chain signs, a pre-sale token scoring system, a token listing alert system, and a method back-testing tool are amongst the functions.

Dash 2 Trade’s environment will be powered by the D2T token, which users should buy and keep in order to utilize the platform’s functions. Dash 2 Trade is presently holding a token pre-sale at greatly reduced rates, with sales just recently going beyond $10.26 million.

The pre-sale control panel will be readily available quickly, as the advancement group is presently ahead of schedule. Tokens are presently being cost $0.0533 per token and will be noted on several central exchanges within the next month.

Go To Dash 2 Trade here

Calvaria (RIA)– Final Presale Stage Now

In 2022, significant blockchain-based video games such as Axie Infinity lost substantial traction. As an outcome, lots of financiers thinking about the cryptocurrency video gaming area are trying to find other alternatives. Calvaria, a brand-new play-to-earn fight card crypto video game, might be a practical choice.

Calvaria intends to increase crypto adoption by developing a bridge in between the real life and crypto, in the kind of an enjoyable and available crypto video game. Calvaria’s RIA token pre-sale must be thought about by financiers.

Calvaria has actually now raised $2.51 million, with a crypto whale buying $97.5 K previously this month. The presale is nearing completion, with just 18% of the tokens staying.

See Calvaria Now

Discover The Best Price to Buy/Sell Cryptocurrency

Cryptocurrency Price Tracker – Source: Cryptonews

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