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“# BTC eyes $50K breakout despite most ‘greed’ since all-time highs: 5 things to watch in Bitcoin this week ” Bitcoin (BTC) is approaching its second attack on pivotal resistance this week as bulls remain firmly in the driver’s seat. After a mixed weekend that saw both a run on $48,000 and a major rejection…
“# Top 5 cryptocurrencies to watch this week: BTC, ETC, LUNA, KLAY, AXS ” Bitcoin (BTC) is facing a stiff challenge from the bears near the $48,000 mark. As Cointelegraph reported earlier, the buy and sell levels show that sellers on Binance have held their ground at $48,000. PlanB, the creator of the stock-to-flow Bitcoin…
“# BTC price slips under $46K but analysts are betting on new Bitcoin all-time highs ” Bitcoin (BTC) saw lows of under $45,600 on Aug. 15 as a second instalment of its resistance rejection played out. BTC/USD 1-hour price chart (Bitstamp). Source: TradingView Analysts eye BTC attack on all-time highs Data from Cointelegraph Markets Pro…
“# Wealth managers gain exposure to Bitcoin via Grayscale, according to new SEC filings ” New filings with the United States Securities and Exchange Commission, or SEC, reveal that four wealth management companies have acquired shares of Grayscale’s Bitcoin Investment Trust, offering further evidence of institutional adoption of digital assets. As first reported by MacroScope,…
“# Bitcoin holds $46K support after failed breakout, Cardano price passes $2.20 ” Bitcoin (BTC) bounced at $46,000 support on Aug. 14 after an attempt to crack major resistance ended in rejection. BTC/USD 1-hour price chart (Bitstamp). Source: TradingView Bitcoin rejects at $48,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD rising to tackle…
“# Cause and effect: Will the Bitcoin price drop if the stock market crashes? ” The year 2009 was marked by both the genesis of Bitcoin and the United States stock market starting an unprecedented bull market — one that’s continued almost uninterrupted since. However, murmurings of a crash are always present, and the noise…
“# Bitcoin’s off-chain data points to more upward momentum for BTC price ” After months of unrelenting turbulence, the crypto industry has been on somewhat of a tear over the last couple of weeks, with the total market capitalization of the space recently topping the $2 trillion mark for the first time since May. In…
“# BTC price passes $47K ‘worst-case scenario’ as Bitcoin realized cap hits all-time high ” Bitcoin (BTC) at $47,000 is turning heads but is in fact only the “worst-case scenario” for one of its most popular analysts. In a tweet on Aug. 13, PlanB, creator of the stock-to-flow family of Bitcoin price models, reiterated that…
“# No gear, no problem! 3 ways to earn Bitcoin through cloud mining and staking ” Bitcoin’s (BTC) rapid recovery above $46,000 has renewed calls for a $100,000 BTC price by the end of 2021, while the effects of China’s crackdown on the mining industry are slowly beginning to fade as the Bitcoin network hash…
“# Price analysis 8/13: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, SOL, LTC ” A KPMG report titled “Pulse of Fintech H1 2021,” shows that the total investment in the blockchain and cryptocurrency sector in the first half of this year has risen to $8.7 billion, which is more than double the $4.3 billion worth…