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“# Crypto mining demand soars in Vietnam amid Bitcoin rally ” The cryptocurrency mining market in Vietnam is reportedly reviving amid the renewed crypto rally, where Bitcoin (BTC) has surged above $51,000 for the first time since May. Crypto-related entrepreneurs and enthusiasts in Vietnam have witnessed a significant uptick in demand for crypto mining rigs…
“# BTC becomes legal tender in El Salvador: 5 things to watch in Bitcoin this week ” Bitcoin (BTC) starts a new week in a new price range above $51,000 — has it beaten crucial resistance? After the weekend turned from sideways to surge for BTC price action, bulls are now targeting $54,000 and higher….
“# Top 5 cryptocurrencies to watch this week: BTC, LTC, FIL, FTT, MIOTA ” Bitcoin (BTC) is struggling to sustain above $50,500 but that has not stopped the altcoins from following in Ether’s (ETH) footsteps after the top-ranked altcoin hit $4,000 on Sept. 3. This has pushed Ether’s market dominance above 20% while Bitcoin’s dominance…
“# ‘Conservative’ BTC supply shock metric now says Bitcoin should cost at least $55K ” Bitcoin (BTC) should cost at least $55,000 per coin according to one metric measuring its so-called “supply shock.” In a tweet on Sep. 5, analyst Willy Woo highlighted what he added is a “conservative” price estimate for BTC/USD. Bitcoin price…
“# Gold, bond portfolios are ‘naked’ without Bitcoin, Bloomberg strategist asserts ” What is protecting an investment portfolio from potential stock market volatility? As per Bloomberg Intelligence’s Mike McGlone, a merged exposure of Bitcoin (BTC), gold, and government bonds. The senior commodity strategist, who sees BTC heading to $100,000, pitted derivatives in a new report representing the…
“# Bloomberg senior strategist calls Bitcoin a global reserve asset on the path to $100K ” Bloomberg’s senior commodity strategist Mike McGlone has doubled down on call for six-figure Bitcoin (BTC), arguing that the first-born cryptocurrency is well on its way to becoming a global reserve asset that complements the United States dollar. The September…
“# Dreading September? Bitcoin price hopes to break the slump trend ” Bitcoin (BTC) has been struggling to break the $50,000 mark for over 10 days now. However, on Sept. 2, the premium cryptocurrency briefly surpassed the milestone, sending positive ripples across the market. Since then, the token has dropped below the mark to trade…
“# Price analysis 9/3: BTC, ETH, ADA, BNB, XRP, SOL, DOGE, DOT, UNI, LINK ” Bitcoin (BTC) finally broke above the $50,500 resistance and Ether (ETH) has risen above the $4,000 mark. This suggests that there is growing interest in cryptocurrencies and several legacy finance companies are initiating steps to tap into this increasing demand….
“# Bitcoin price overcomes $50K, stocks slide after disappointing US jobs report ” The S&P 500 slid to the intraday highs of Sept. 2 while Bitcoin (BTC) climbed to its highest levels in more than three months. The moves came as a key report on Sept. 3 showed that the United States economy added fewer…
“# Bitcoin targets $51K ‘final resistance’ as ETH nears $4K for the first time since May ” Bitcoin (BTC) passed $50,500 later on Friday as a return to the $50,000 mark put bulls firmly back on the scene. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin lines up a $51,000 offensive Data from Cointelegraph Markets…