Bitcoin price battles for $63K support amid warning bulls ‘complacent’
Bitcoin ETFs hitting Hong Kong excite markets overnight, but overall BTC price conditions remain precarious, analysts say.
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Price analysis 2/17: BTC, ETH, DOT, ADA, XRP, BNB, LTC, BCH, LINK, XLM
Bitcoin (BTC) is gradually gaining ground on gold, the traditional store of value. Data shows that one ounce of gold can only buy 0.0352 Bitcoin as of Feb. 17, the lowest amount of BTC eve. This shows that Bitcoin has been rewarding its investors much more than gold. Bitcoin has massively outperformed gold over various time…
Bitcoin derivatives show a lack of confidence from bulls
Bitcoin (BTC) has been trending up since mid-July, although the current ascending channel formation holds $21,100 support. This pattern has been holding for 45 days and could potentially drive BTC towards $26,000 by late August.Bitcoin/USD 12-hour price. Source: TradingViewAccording to Bitcoin derivatives data, investors are pricing higher odds of a downturn, but recent improvements in…
Bitcoin price nears $55K as fund manager ‘still sees $100K’ in 2021
Bitcoin (BTC) is still on course to hit $100,000 this year and its recent dip is “unchanged price action.”That was the conclusion of one of the industry’s best-known investors as BTC/USD recovered from its trip to near $46,000.Tapiero eyes “very rare buy signal” for Bitcoin...In a tweet on April 27, Dan Tapiero, fund manager Dan…
Coronavirus Has Put Bitcoin’s Safe Haven Narrative to the Test
The price of Bitcoin (BTC) suffered a tremendous crash on March 12, falling from almost $8,000 to stabilize at around $5,000, a loss of about 40% in the span of less than two days. This happened in the context of a global sell-off in all equity markets, where United States stock market indices such as…
Altcoins sell-off as Bitcoin price drops to its ‘macro level support’ at $38K
BTC price fell below $38,000 as tech stocks sold off and traders watched cautiously to see if Bitcoin can hold its “macro-level support” zone. 1579 Total views 19 Total shares The cryptocurrency market and wider global financial markets fell under pressure on April 26 after the hype surrounding Elon Musk's purchase of Twitter began to…
Canadian Platform to Become the Major Global Crypto Exchange by Expanding to 100 Countries
Despite the downturn that shackled the crypto markets in 2018, there is a renewed sense of optimism, as some experts believe the crypto market could fare better in 2019. Canadian-based CoinField plans to make crypto trading more accessible and cheaper for investors — irrespective of where they live — so they can take advantage of…
Gary Gensler confirms SEC’s use of AI for financial surveillance
The chair’s comments came in response to a query from Sen. Catherine Cortez Masto during a Senate oversight hearing. 233 Total views 5 Total shares United States Securities and Exchange Commission (SEC) Chair Gary Gensler testified on Sept. 12 in a Senate oversight hearing that his agency was currently using artificial intelligence (AI) technologies to
Japanese Financial Watchdog Frowns on Gambling Dapps
New research from Xangle suggests Japan’s Financial Services Agency is more likely to approve crypto projects not involved in casino Dapps. 1398 Total views 33 Total shares Regulators in Japan may be more inclined to approve new virtual currencies for trading if they have greater financial transparency and aren’t involved in gambling Dapps.According to a…