Bitcoin’s Price Needs Move Above $8,350 to Regain Bull Bias
Bitcoin bulls could make a strong comeback if prices find acceptance above the key resistance at $8,300.
Related Posts


Winklevoss Twins’ Father Donates $4M Bitcoin to School Teaching Theory That Inspired Satoshi
Howard Winklevoss has donated $4 million in bitcoin to Grove City College, where he studied in the 1960's. Winklevoss senior first invested in bitcoin in 2013, he said. He first learned of the Austrian school of economics, which also influenced Satoshi, while studying at Grove City College. 01:53 U.S. Adds 206K Jobs in June; Mt.

Fake Bitcoin ETF Approval Tweet Causes $90M in Liquidations
Price volatility following a series of fake tweets from the U.S. Securities and Exchange Commission (SEC)’s X account caused nearly $90 million worth of bitcoin (BTC) long and short positions to be liquidated, showcasing manipulation risks associated with the industry.Hackers caught hold of SEC’s X account on Tuesday, using it to post a nod for

$166B Asset Manager Renaissance Eyes Bitcoin Futures for Flagship Fund
Apr 18, 2020 at 22:34 UTCRenaissance Technologies is looking to potentially invest in CME's cash-settled bitcoin futures for its Medallion fund, which has seen an average 66 percent annual return since 1988. (Credit: ggTravelDiary / Shutterstock)Renaissance Technologies’ market-crushing Medallion fund is considering jumping into bitcoin futures, recent regulatory filings show.The quantitative analysis-heavy firm has “permitted”…

Kujira Foundation’s Tokens Stung by Its Own Leveraged Positions as Bets Backfire
Lack of risk management in financial bets by the Kujira Foundation led to a 55% drop in KUJI token prices within 24 hours. Liquidations of leveraged positions by Kujira's operational wallet resulted in significant losses and further price declines. Kujira plans to establish a DAO to manage its treasury and core protocols, aiming to reduce

Ex-Bank of Japan Official Rules Out Another Rate Hike This Year
Makoto Sakurai ruled out additional rate hikes this year, offering hope to risk assets. The next move may come in March 2023, the official said A former Bank of Japan (BOJ) official said the central bank would defer additional interest rate hikes to next year, suggesting a preference for market stability over the near term.

Alameda Research Invests $3M in 3Commas Crypto Trading Platform
Nov 3, 2020 at 15:00 UTCUpdated Nov 3, 2020 at 15:01 UTCSam Bankman-Fried’s Alameda Research has invested $3 million in trading platform 3Commas.“We had offers from other bigger names in the space as well,” founder and CEO Yuriy Sorokin told CoinDesk in an interview, “but I love Sam because he talks straight to the point…

Central Banks Aren’t Sufficiently Ready for CBDC Risks: BIS Report
Central banks lack the expertise and skills needed to mitigate central bank digital currency (CBDC) risk and must prepare to implement stronger measures, a consultative group set up by the Bank for International Settlements said in a Wednesday report.Countries around the world have been exploring issuing CBDCs to improve payment efficiency and financial inclusion. But

ETH ETFs: What We’re Watching For
Exchange-traded funds tied to Ethereum's ether (ETH) could begin trading as early as Tuesday. The debut has been much expected by traders looking for a new market “narrative.” But the exact impact is hard to predict. Here are four things to watch for. Price impact? What will the ether ETF do to the price of