Bitcoin breaks out of crucial 4-day range: what happens next?
The price of Bitcoin broke out of its 4-day range, pushing above a critical technical resistance level at $33,800. This upside movement is important because it sets BTC up for a potential retest of the $40,000 resistance area.
The price of Bitcoin. Source: BTCUSD on...
7 Things You Need to Know about Bitcoin Wallet
Whatever option for a Bitcoin wallet you choose, keep in mind its ease of use and security. Software wallets are prone to hacking attacks, and physical wallets are best used for long-term storage and one-off transactions.
If you want to start buying, mining, or selling...
PlanB Stock-to-Flow Model Accurate So Far, Predicts Bitcoin (BTC) to Touch $100K by September 2021
As per the model and based on historical chart patterns, Bitcoin (BTC) is likely to hit $100K levels in the next few months. Bitcoin is all set for an escalated price surge of over 200% from the current levels.Bitcoin (BTC) has been under downward...
Grayscale adds $120 million worth of Bitcoin to its coffers amid continued institutional interest
Bitcoin has seen some volatility over the past few weeks. The cryptocurrency has bounced between $30,000 and $40,000, even falling below the former level at one point in time in a move that scared bulls.Unfazed by the recent market volatility, data shows that institutional...
After brief cheers, U.S. banks are back to bashing Bitcoin again
Some US banks have restarted their outrage against Bitcoin even as others have warmed up to the asset in the past year.How prices affect sentimentBitcoin’s infamous price gyrations are known to polarize. The asset, like most other cryptocurrencies, can move by several percentage points...
MicroStrategy CEO claims to have “thousands” of executives interested in Bitcoin
Bitcoin has become a bit of a phenomenon on Wall Street and in the corporate world over the past few months.It began in August when MicroStrategy bought Bitcoin with money from its treasury, showing the world that yes, BTC can be a long-term investment...
Ampleforth-like Bitcoin rebasing token DIGG drops: crypto stimulus checks
The latest crypto stimulus (or DeFi stimulus check, to be more accurate) has just dropped.Badger DAO, a Bitcoin-focused decentralized finance project based on Ethereum, just rolled out a new coin called DIGG. BADGER, the governance token for the protocol, already exists.DIGG is a new...
MicroStrategy just added $10 million in BTC to its billion-dollar Bitcoin bags
They say dips are for buying, and that’s the approach being taken by one NASDAQ listed software firm. Its CEO, Michael Saylor, tweeted that MicroStrategy just spent $10 million to acquire 314 additional Bitcoin.
MicroStrategy has purchased approximately 314 bitcoins for $10.0 million in cash...
What can invalidate the short-term bear scenario for Bitcoin?
The price of Bitcoin is showing strong momentum as it recovers above $33,000 following a relatively large correction on January 12.The general market sentiment around Bitcoin remains positive. But, there is one major invalidation point for the bearish scenario for BTC.Bitcoin must reclaim $36,000In...
Want to fight against Craig Wright’s ‘ownership’ of Bitcoin? Here’s what to do
The computer scientist claims to have “invented” Bitcoin. And he is now forcefully taking over the asset’s open-source whitepaper.Take down the whitepaperControversial Australian computer scientist Craig Wright is now threatening to sue the Bitcoin.org website, which hosts the asset’s nine-page whitepaper, among others, years...
