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“# MicroStrategy splashes $177M on Bitcoin, now holds almost 109,000 BTC ” MicroStrategy has once again purchased more Bitcoin (BTC) with the company adding 3,907 BTC to its holdings. According to a Form 8-K filing with the United States Securities and Exchange Commission (SEC) published on Tuesday, the business intelligence upped its Bitcoin holdings by…
“# Bitcoin transactions stay low despite price rally: Data ” Despite Bitcoin (BTC) price growing 45% over the past 30 days, cryptocurrency investors are not moving their holdings, according to new data. Blockchain analytics provider Glassnode released its new “The Week On Chain” report on Monday, noting that Bitcoin has continued rallying to new multi-month highs…
“# Europe prepares for first Bitcoin futures launch amid US ETF stalemate ” Europe’s first-ever Bitcoin (BTC) futures will launch next month on the continent’s largest derivatives market, Eurex, an announcement confirms. In a press release issued on Tuesday, digital asset-backed securities provider ETC Group said that its Bitcoin ETN Futures product will commence trading on Sept….
“# Here’s what traders expect now that Bitcoin price rallied back to $50K ” There was widespread celebration across the crypto ecosystem on Aug. 23 after the sight of Bitcoin (BTC) back above $50,000 triggered a resurgence of calls for the top cryptocurrency to reach $100,000 before the end of 2021. Data from Cointelegraph Markets…
“# Pro traders are mildly skeptical about Bitcoin’s recent return to $50K ” The price of Bitcoin (BTC) is back at the $50,000 level, and there’s little doubt that the 47% positive rally over the past 30 days has been fueled by whale accumulation, institutional adoption and positive remarks from regulators regarding a possible exchange-traded…
“# Price analysis 8/23: BTC, ETH, ADA, BNB, XRP, DOGE, DOT, SOL, UNI, BCH ” Bitcoin (BTC) rallied above the psychological hurdle at $50,000 today for the first time since May 15. The sharp rally of the past few days has turned the sentiment bullish with many expecting the resumption of the bull run. Morgan…
“# WAX, Gnosis and IOST pack on gains after Bitcoin price hits $50K ” The bull market narrative has returned now that Bitcoin (BTC) price managed to briefly climb above $50,500 on August 23. A handful of altcoins have also seen their prices charge higher as the momentum in the market continues to build. For…
“# Bloomberg strategist explains why 30-year US bonds have ‘bullish implications’ for Bitcoin ” Despite Bitcoin (BTC) slipping back below $50,000, more and more investors are likely to move their capital into Bitcoin and gold markets in the second half of 2021 (H2), asserted to Mike McGlone on Aug. 23, the senior commodity strategist at Bloomberg…
“# Bitcoin bullish cross on weekly chart paints $225K BTC price target if history repeats ” Bitcoin (BTC) is wowing the market by holding $50,000, but a bullish metric is pointing to much larger potential gains. Data from TradingView now clearly shows that the weekly moving average convergence/ divergence (MACD) indicator for BTC/USD has flipped…
“# $50K BTC price vs. the Fed — 5 things to watch in Bitcoin this week ” Bitcoin (BTC) is back at $50,000 as a new week gets underway with a bang. After a strong weekend, Bitcoin finally crossed the long-awaited $50,000 mark overnight on Aug. 22. Along with a firm sense of deja vu,…