Why Bitcoin traders pinpoint $17,000 as the next logical bottom
The Bitcoin price has been declining throughout the past four days. Ever since its rejection at $19,420 on December 7, the dominant cryptocurrency has struggled to see renewed momentum.For most traders, the $18,500 and $18,000 support levels were key to hold BTC’s short-term bullish...
Market Wrap: Bitcoin Recovers to $18.2K While Market Dynamics Juice DeFi Total Locked
Bitcoin is holding just above $18,000 but analysts are mixed on where it will head, DeFi’s total value locked looks to have momentum but that might have to do with crypto market conditions.
Bitcoin (BTC) trading around $18,355 as of 21:00 UTC (4 p.m. ET)....
Bitcoin’s Rising Popularity With Investors Means Gold Will ‘Suffer’: JPMorgan
Gold could lose its shine in the long run due to institutional investors’ increased preference for bitcoin, according to the investment banking giant JPMorgan.
“The adoption of bitcoin by institutional investors has only begun, while for gold its adoption by institutional investors is very advanced,”...
Bitcoin bull case validated again as new trillion-dollar stimulus programs roll out
Bitcoin has stagnated over the past few days after peaking at $19,950 at the start of December. It currently trades for $18,200, stuck in a consolidation range between $18,000 and $19,500.
Chart of BTC’s price action over the past six days. Source: BTCUSD from TradingView.com...
MicroStrategy to Issue $550 Million in Convertible Senior Notes to Buy Bitcoin
According to MicroStrategy, they expect the net proceeds from the sale to total $537.2 million. If the initial purchasers fully exercise their option to buy additional notes, this amount may be even higher, $634.9 million. Business intelligence company MicroStrategy Incorporated (NASDAQ: MSTR) has announced a $550...
First CoinSwap Test Could Herald an Era of Stronger Bitcoin Privacy
CoinSwap, a promising Bitcoin privacy technology, was finally put to the test on Tuesday.
Bitcoin is not very private, despite the perceptions to the contrary. The full history of every transaction on the Bitcoin blockchain is public for anyone to browse. CoinSwaps are a type...
First Mover: Why Wells Fargo Won’t Recommend Bitcoin to Clients
Bitcoin was little changed, holding above the key psychological support level of $18,000 after a drop on Tuesday of more than $800, or 4.5%. But that decline was only the biggest in a week, in a reminder of just how volatile bitcoin prices can...
Bitcoin’s Options Market Skews Bearish as Spot Price Loses Ground
Bitcoin’s options market has flipped bearish for the short term, as demand rises for ways to hedge against further sell-offs in the spot market.
The top cryptocurrency by market value fell to $17,640 earlier Wednesday, the lowest since Nov. 29. Prices later rebounded somewhat and...
CoinZoom’s One-Stop-Crypto Shop Integrates Digital Services Under One Roof
The next wave of mainstream users is coming, and the simplicity, integration, and convenience of one-stop-crypto-shops like CoinZoom are likely to be the most appealing platforms for new entrants, with everything they need under the same roof.The cryptocurrency exchange marketplace has witnessed tremendous growth...
Bitcoin (BTC) Price Lost More Than $1000 in 24 Hours
With Bitcoin current pullback, experienced traders are said to be taking advantage and accumulating in accordance with the price movements.After Bitcoin rallied to trade around its all-time high in the past few weeks, its market price has shed more than $1000 in 24 hours...