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“# BTC price doesn’t care about El Salvador? 5 things to watch in Bitcoin this week ” Bitcoin (BTC) begins another week below $40,000 but with two major new landmarks under its belt. After falling over continued FUD from China over the weekend, Bitcoin adoption has also seen an unexpected first — from El Salvador…
“# Unsure about buying the dip? This key trading indicator makes it easier ” When an asset enters a bear phase and the headlines are negative, analysts project further downside, and the sentiment shifts from optimism to pure gloom and doom. This results in panic gripped traders dumping their positions near the bottom of the…
“# Top 5 cryptocurrencies to watch this week: BTC, ETH, ADA, SOL, THETA ” When the sentiment in the market turns bearish, every bit of negative news, however insignificant, pulls the price down as traders panic sell. This is what happened after China’s social media giant, Weibo, suspended a number of crypto-related accounts and triggered…
“# Why Bitcoin’s next breakout may not be an altcoin season signal ” On April 14, Bitcoin (BTC) reached a $64,900 all-time high after accumulating 124.5% gains in 2021. However, a 27.5% correction followed over the next eleven days, marking a $47,000 local bottom. The popular Crypto Fear and Greed Index reached its lowest level…
“# The NFT bubble may have popped, but the sector is still primed for expansion ” Nonfungible tokens (NFTs) took the world by storm in March and April of this year with an onslaught of daily headlines about record-breaking sales and big-name companies dropping their own one-of-a-kind digital art pieces dominating the mainstream media. Fast…
“# No, Musk, don’t blame Bitcoin for dirty energy — The problem lies deeper ” Elon Musk is definitely interested in digital currency, but it seems that he doesn’t want to understand it. At least, I worry that he doesn’t have a deep enough understanding of Bitcoin (BTC) and decentralized systems in general. A decentralized…
“# Altcoin Roundup: Post-crash prices give investors a chance to build a diversified portfolio ” Welcome to Cointelegraph Market’s Altcoin Roundup, an in-depth newsletter that focuses on investing from the perspective of fundamental analysis and seeks to identify emerging blockchain projects and tokens that fill niche demands within the growing cryptocurrency market. The concept of…
“# To IPO or Not to IPO? SPAC is the question ” An initial public offering is the classic way to take a company public, but many crypto companies bypass the regulatory scrutiny with a backdoor SPAC merger By Connor Sephton If you want to sell stock in an American company to the public, traditionally…
“# Ethereum options data shows traders’ mixed opinions on ETH’s future ” After reviewing Ether (ETH) options for June 25, one might think that traders either became overly optimistic or ultra-bearish. Currently, there are large bets for prices below $1,000 while others aim for $3,800 and higher. A recent report from Coinshares shows that multiple…
“# Price analysis 6/4: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, ICP, BCH ” Bloomberg senior commodity strategist Mike McGlone believes Bitcoin (BTC) is more likely to turn up and rally to $100,000 rather than correct to $20,000. In the June edition of the Bloomberg Galaxy Crypto Index report, McGlone said that Bitcoin’s correction…