Bitcoin Rises after Elon Musk Mentions It in His Twitter Bio
Musk’s recent endorsement of Bitcoin came as a shock to many as he had previously criticized the digital coin in his tweets, interviews and podcasts.
Bitcoin finally saw an upward action this week after Elon Musk mentioned the cryptocurrency in his Twitter Bio. The biggest...
Why a trader says a Bitcoin bottom is close, based on a key technical structure
Scott Melker, a cryptocurrency trader and the author of The Wolf Den Newsletter, believes a short-term Bitcoin bottom is close.Melker often uses the relative strength index (RSI) indicator on the 4-hour and 6-hour candle chart time frames to identify potential trend reversals.The RSI is...
Bitcoin Price Around $31K Now, BTC Stable, Selling on Halt
On Thursday, January 28th, Bitcoin (BTC) is slightly rising, trading at $31,213.
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.
Tech analysis: BTC stays stable
Rothschild Investment increased investments in Bitcoin
JPMorgan does not expect BTC above 40,000 USD
On W1, Bitcoin keeps correcting. The aim of the pullback is still...
Ninepoint Partners Launches Bitcoin Trust Shares Just Like Grayscale
The Initial Public Offering for the Bitcoin Trust was completed for 230 million Canadian Dollars, equivalent to around 180 million USD.Ninepoint Partners LP has gone public with its Bitcoin Trust shares following the footsteps of Grayscale Bitcoin Trust (OTCMKTS: GBTC). The company announced the...
Anthony Scaramucci says GameStop rally is evidence of Bitcoin “proof of concept”
Former White House Director of Communications Anthony Scaramucci says the GameStop rally shows why Bitcoin, as a concept, will succeed.Bitcoin’s bright futureThe GameStop rally has come to symbolize individual power exceeding the might of Wall Street. Scaramucci, who co-founded alternative investment firm SkyBridge Capital,...
Bitcoin ETF unlikely until market cap reaches $2 trillion, fund manager says
A crypto manager said that the much-awaited Bitcoin ETF in the US would likely be delayed until the milestone is reached.Sorry, no Bitcoin ETFBitcoin and cryptocurrency exchange-traded funds (ETFs) have been on the wishlist of crypto market participants for years now, especially among the...
Bitcoin bull Mike Novogratz: GameStop (GME) rally is an “endorsement of DeFi”
If you’ve been following the news at all over the past week, you know of the story of GameStop.The GameStop stock, which trades under the ticker GME, has undergone an extreme rally of over 1,000 percent in the past two weeks, which is somewhat...
What were investors thinking as the Bitcoin price slipped under $30,000?
Bitcoin’s price slipped under $30,000 a few hours ago as selling pressure began to pick up across top exchanges. This came after BTC attempted to push past the $33,000-34,000 resistance region on Monday.The cryptocurrency has since bounced after slipping under $30,000, bottoming in the...
Early Bitcoin advocate Chamath Palihapitiya to contest for California governor
The star money manager made a big Bitcoin bet back when the project was in its nascency. And he now wants to make the US a better place.Pushing for education and zero state taxSocial Capital founder Chamath Palihapitiya wants to run for the position...
Bitcoin drops below $30k with $450 million in futures liquidated—what’s next?
The cryptocurrency market saw over $450 million worth of futures contract positions liquidated in the last 24 hours. In the same period, Bitcoin pulled back by more than 7%, showing weakening momentum.On Binance, the price of Bitcoin dropped to as low as $29,500, retesting...
