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“# HODLing early leads to relationship troubles? Redditors share their stories ” Crypto investments have reportedly been a source of strife in relationships, sometimes leading to breakups and even divorce. According to a Reddit post from February 2015, a then 28-year-old woman using a throwaway account claimed that she was incredibly upset at her husband,…
“# Bitcoin price hits $51K as U.S. Senate passes $1.9 trillion stimulus ” The price of Bitcoin (BTC) reached over $51,000 on March 7 after the U.S. Senate passed the anticipated $1.9 trillion stimulus bill, which is roughly two times larger than the market capitalization of BTC. United States’ President Joe Biden said that the…
“# Bitcoin traders worry as BTC price remains pinned below $50K ” The price of Bitcoin (BTC) has failed to break above the psychological $50,000 resistance going into the weekend and has dropped below the $48,000 level on March 6. BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingview Now traders are watching whether BTC/USD can break…
“# Traders speculate that Bitcoin’s price may continue to trade sideways for now ” Bitcoin’s price has declined in recent days. While it has rebounded from its weekly lows, the asset’s trajectory remains uncertain says CryptoWendyO, a crypto trader on Twitter. “The daily timeframe is not looking great as we are having trouble sustaining $50K,”…
“# Price analysis 3/5: BTC, ETH, ADA, BNB, DOT, XRP, UNI, LTC, LINK, BCH ” Analysts expect the U.S. economy to stage a strong recovery in the second half of this year as coronavirus vaccines are distributed and economic activity begins to increase. As growth picks up, inflation concerns are also on the rise. Speculation…
“# Is Bitcoin a Ponzi scheme? Pick your side in the latest Cointelegraph Crypto Duel! ” Does Bitcoin meet the definition of a Ponzi scheme? This is the subject of the latest Cointelegraph Crypto Duel, where Bitcoin strategist at Kraken meets professor of computer science at the University of Campinas, Jorge Stolfi. Similar to other…
“# Big Tech sell-off and rising Treasury yield pin Bitcoin price below $50K ” Bitcoin (BTC) continues to struggle below $50,000 on March 5 as a spike in the 10-year Treasury yield to 1.62%, its highest level in over a year, has taken a toll on global financial markets and hit risk-assets especially hard. At…
“# No more ‘Bitcoin effect’? MicroStrategy stock falls by 50% in 17 days ” The Bitcoin (BTC) price correction isn’t just hurting individual hodlers — the biggest players are suffering in more ways than one. Data from markets on March 5 revealed that MicroStrategy, which owns over 91,000 BTC, has seen its stock price dive…
“# Bitcoin’s next top could be between $75K and $306K, Kraken research suggests ” Analysis of Bitcoin (BTC) price action dating back to 2011 suggests the coin price could next top out somewhere between $75,000 and $306,000, research from Kraken shows. Based on one reading of a logarithmic growth curve that connects historical tops and…
“# Stocks slide as dollar hits 4-month highs: Why Bitcoin price is slumping below $50K ” The price of Bitcoin (BTC) is extending its slump below $49,000 on March 5 as the U.S. dollar index (DXY) reached the highest levels since November 2020. DXY (blue) vs. BTC/USD (orange). Source: Tradingview Meanwhile, the prospect of rising…