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” Bitcoin faces Mt. Gox ‘black swan’ as trustee prepares to unlock 150K BTC “ Bitcoin (BTC) faces a new selling threat in the near future as users of defunct exchange Mt. Gox prepare to get their BTC back. In fresh correspondence dated July 6, attorney Nobuaki Kobayashi, appointed trustee in the Mt. Gox rehabilitation…
” Bitcoin price clings to $20K as Bollinger Bands close in for volatility “ Bitcoin (BTC) said “no” to volatility for a third day on July 7 as Wall Street trading began with little change in mood. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Next move “likely sets direction going forward” Data from Cointelegraph Markets…
” Key Bitcoin chart ‘will confirm bottom is in’ by July 15, says trader “ Bitcoin (BTC) is due to give a definitive signal that a macro bottom is in this month, one analyst has concluded. In a Twitter thread on July 6, popular commentator Wolf eyed key moving average data as proof that BTC…
” Bitcoin vs bank: Nayib Bukele reminds Peter Schiff why banks can’t trump BTC “ Since the closure of his bank in Puerto Rico, Peter Schiff has been at the receiving end of Bitcoin (BTC) proponents, reminding him this wouldn’t have happened if he was using BTC. The latest to taunt the gold proponent is…
” Bloomberg analyst tips bullish BTC recovery in next six months “ Bloomberg’s senior commodity strategist Mike McGlone is tipping that the price of Bitcoin (BTC) will rebound in the second half (2H) of 2022. Sharing his thoughts to his 48,100 Twitter followers on July 6, McGlone saw positive signs in the data Bloomberg’s Galaxy…
” Bitcoin price holds $20K, but analysts say ‘expect 6 months of sideways’ price action “ Trading across the cryptocurrency market was relatively subdued on July 5 as the ecosystem continues to digest the fallout from the Three Arrows Capital scandal and Voyager Digital announcing that it has filed for Chapter 11 bankruptcy protection. Data…
” Price analysis 7/6: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, LEO “ Bitcoin (BTC) is attempting to rise above the psychological level of $20,000 on July 6, a sign that bulls are trying to stall the brutal bear market. The retail traders are making the most of the current fall and are…
” World’s first short Bitcoin ETF sees exposure explode 300% in days “ Bitcoin (BTC) remains a popular institutional investment target in July, but the money is not betting on a bright future. According to data from research firm Arcane Research published July 6, institutional flows focused on products offering exposure to shorting BTC in…
” The bottom is in: CNBC’s Jim Cramer says crypto has “no real value” “ Given his track record, some in the crypto community believe the market bottom may now be in after CNBC host Jim Cramer said there was “no real value in crypto” and predicted the market would tumble further. Cramer is known…
” Bitcoin price swings 7.5% during intraday trading as US recession concerns mount “ The cryptocurrency market along with the tech-heavy Nasdaq saw a bit of positive price action on July 5 amid a backdrop of rising recession concerns in the United States. Data from Cointelegraph Markets Pro and TradingView shows that an early morning…