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“# Bitcoin cancels entire day’s BTC price dip with fresh push above $46K ” Bitcoin (BTC) staged yet another classic comeback on Friday as a day of losses abruptly flipped positive. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin routs bears in classic style Data from Cointelegraph Markets Pro and TradingView showed BTC/USD rising from…
“# Bitcoin loses 4% in challenge to bulls’ push for $50K — Watch these BTC price support levels ” Bitcoin (BTC) lost its appetite for further gains on Thursday as BTC price action targeted levels below $45,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price heads toward $44,000 Data from Cointelegraph Markets Pro and…
“# Alex Saunders sued for $350K by Nuggets News follower ” Australian crypto influencer Alex Saunders is being sued by a disgruntled follower of his YouTube channel and advice service Nuggets News. The plaintiff, New Zealand-based Ziv Himmelfarb, filed a formal written order on Aug. 11 in the Victorian Supreme Court demanding that Saunders repay…
“# Price analysis 8/11: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, LINK, SOL ” Bitcoin’s (BTC) strong recovery and march toward the psychological level at $50,000 has improved the overall sentiment in the crypto sector. That has boosted the total crypto market capitalization to over $1.9 trillion. Data from Glassnode shows a sharp increase…
“# Coinbase beats earnings estimates as analysts say regulation will ‘stifle’ innovation ” Coinbase Global (NASDAQ: COIN) rebounded during the early trading hours on Aug.11 after it beat Wall Street forecasts for sales and revenues in the second quarter. The cost to purchase one COIN share surged 4.7% to $282.34 at the New York opening…
“# Crypto market cap returns to $2T for the first time since May ” The total value of all cryptocurrencies in circulation — a major bellwether for the health of the overall market — reached $2 trillion on Wednesday for the first time in almost three months, offering compelling evidence that buyers are back in…
“# Titan launches actively managed crypto portfolio for US investors ” United States investment adviser Titan has officially launched its new cryptocurrency offering targeting U.S. investors, giving market participants additional avenues for accessing digital assets like Bitcoin (BTC) and Ether (ETH). The new product, dubbed Titan Crypto, seeks to invest in a concentrated basket of…
“# US dollar downturn aids Bitcoin bulls before $50K BTC price showdown ” Bitcoin (BTC) challenged $46,800 on Aug. 11 as a weakening U.S. dollar added to bullish momentum. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Aiming for $50,000”? Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting highs of $46,787 on Bitstamp Wednesday, a…
“# Bitcoin Technicals: Why BTC price breaking $48K resistance is the key to new all-time highs ” Bitcoin (BTC) and the crypto market have been accelerating heavily in recent weeks, as Bitcoin has surged by 60% from the July lows, while Ether (ETH) has been showing strength with a 90% rally as altcoins have been…
“# Institutions are buying Bitcoin like it’s late 2020 ” Bitcoin (BTC) reserves on derivatives exchanges have dropped to levels last seen before the May price crash. Data from on-chain analytics service CryptoQuant confirmed that as of Aug. 10, derivatives reserves totaled 1.256 million BTC — the least since May 11. Institutions repeat Q4 2020…