After several days of freefalls and dropping below $40,000, bitcoin has calmed around that level. Bitcoin’s inability to break above $47,000 last week meant incoming trouble. However, that was not all, as the bears kept the pressure on. After marking this multi-week low at just over $39,000, BTC bounced off and regained some traction. The […]
Ever since, he’s believed in the network’s power to replace the current global monetary system, and provide financial freedom to billions worldwide. …Read the full story
However, the $42K level might serve as solid support. In the bearish scenario, if the price loses the $42K support, a retest of the $36K level and the bottom of the bearish flag would be imminent. …Read the full story
Standing by and watching El Salvador, Mexico, and other nations do the same with Bitcoin could be a mistake with far many more zeroes on it for the United States and the interests of its citizens. It’s unlikely those like New York and other mid-Atlantic states will, because they are so invested in the federal […]
In addition, the American athlete displayed herself as a keen proponent of the primary digital asset. “What’s interesting in bitcoin is there is not going to be a ton available. Back then, she became the next celebrity to buy a Bored Ape NFT. …Read the full story
After falling to its January 2021 all-time high of around $42,000, bitcoin has maintained that level following a relatively still trading day. It’s safe to say that the primary cryptocurrency has seen better days as it attempted to jump above $47,000 earlier this week. As reported over the week, BTC first dropped to $45,000 before […]
Bitcoin’s recent nosedives continued in the past 24 hours, and the asset slipped to a 17-day low of around $42,000. It was just several days ago when bitcoin was fighting to reclaim $47,000 and spiked above that level twice within a 48-hour period. Both attempts were rejected rather rapidly, but the second one was met […]
The 200-day moving average has historically served as a reliable support in bull markets and significant resistance in bear markets. Either it will be supported by the trendline, forming a pullback to confirm another bullish leg, or the price will break below the trendline, attempting to test lower support levels. Bitcoin has been rejected from […]
Bitcoin’s global popularity and development received a significant boost last year when El Salvador became the first country to embrace the asset as legal tender. According to a report by Forbes, the latest such territories are Portugal’s western island – Madeira – and Honduras’ jurisdiction – Prospera . It is open 24/7 and has operating […]
He boldly claimed that cryptocurrency will become the 12th sector of the S&P 500, the predominant index that includes the “strongest 500 companies” listed in the US stock market. …Read the full story
Bitcoin took another massive downturn in the past 24 hours and slipped to just over $44,000. The start of April was not all that positive for the primary cryptocurrency as it dropped from above $47,500 to a multi-day low of $44,250 . It initiated a leg up to and beyond that level twice in the […]
Speaking on-stage at the Bitcoin 2022 conference, Mow explained how he’s spent the last month working on “Bitcoin nation-state adoption” ever since leaving Blockstream. During that time, the programmer’s influence has spread to places like Prospera – a privately managed developing city on the island of Roatán in Honduras. Furthermore, Prospera will enable other municipalities […]
Historically, the 200-day moving average has been reliable support in bull markets and strong resistance in bear markets. However, it seems likely for this zone to get broken to the downside considering the current price action. The price could oscillate in the range between these levels for now until a clear bullish or bearish breakout […]
One of the most popular NFT series – Azuki – also airdropped additional NFTs to its holders while the anticipation and hype more or less doubled its value. Bitcoin was trading at around $44K this time last week, but it didn’t take a lot for the cryptocurrency to start moving higher. Solana managed to increase […]
Meanwhile, private BTC whale addresses are racing to accumulate as well, continuing the tsunami of accumulation that started off in March at a 10-month high a month ago after addresses holding more than 100 and 1000 BTC spiked suddenly. MacroStrategy took another $190 million chomp, the Michael Saylor-led company announced this week. …Read the full […]
Crypto’s technological and economic implications are what interest him most, and he has one eye turned to the market whenever he’s not sleeping. …Read the full story
Crypto’s technological and economic implications are what interest him most, and he has one eye turned to the market whenever he’s not sleeping. …Read the full story
Bitcoin has calmed once again over the $46,000 mark, while some altcoins have reduced its dominance over the market with impressive gains. Ethereum, for example, dipped to $3,300 before it shot up to just over $3,500 yesterday. Terra is the most significant gainer from the top 10 coins with a 9% increase. However, the bulls […]
Much has happened in a relatively short period of time. This adds to a total increase of around 14% as Bitcoin traded above $47,000 earlier today. This clip can bring back the apes, in which Do Kwon is the lord of the Apes. In addition, market data showed that bears were underprepared for this move. […]
