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“# Price analysis 1/3: BTC, ETH, ADA, BNB, DOT, XRP, LTC, LINK, XLM, BCH ” The U.S. bond yields have softened and this has ignited investor’s appetite for risk-on assets. After a negative closing last week, the S&P 500 has started the current week on a positive note. Thi bullish sentiment has also rubbed on to…
“# More Bitcoin! Michael Saylor’s MicroStrategy just keeps buying BTC ” MicroStrategy’s Bitcoin buying spree shows no signs of slowing after CEO Michael Saylor announced the purchase of another 328 Bitcoin (BTC) on Monday. The acquisition, which was paid for in cash, cost the firm around $15 million and equated to an average coin price of $45,710…
“# Bullish ‘Great Reset’ for BTC: 5 things to watch in Bitcoin this week ” Bitcoin (BTC) is looking stable at the start of a new week after recovering from a drop to $43,000 — what’s in store? After last week’s 20% drop from all-time highs, opinions are divided over what the future might look…
“# Here’s how the Purpose Bitcoin ETF differs from Grayscale’s GBTC Trust ” Since 2017, investors have been anxiously awaiting a Bitcoin ETF approval as the existence of such a fund was an important symbol of mass adoption and acceptance from the realm of traditional finance. On Feb. 18, the Toronto Stock Exchange hosted the…
“# Top 5 cryptocurrencies to watch this week: BTC, BNB, DOT, XEM, MIOTA ” Bitcoin (BTC) price has been correcting in the past few days and traders are curious to know whether this is a minor pullback or the start of a deeper decline. The problem is that no one has a crystal ball and…
“# Bitcoin sell-off over? Strong ‘buy the dip’ signal flashes for the first time in 5 months ” The price of Bitcoin (BTC) has dropped to the key $44,000-$45,000 support level on Feb. 28 for the third time in the past week. BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingview The BTC/USD pair briefly dipped below…
“# This bullish Bitcoin options strategy lets traders speculate on BTC price with less risk ” Historical data shows that it is nearly impossible to consistently predict Bitcoin’s price action and many traders that attempt this end up losing money. Now that Bitcoin trades near $50,000, the ultimate goal for most traders is to hold…
“# Economist warns of dystopia if ‘Bitcoin Aristocrats’ become reality ” Not everyone is excited about hyperbitcoinization. According to a popular copy/paste meme, Bitcoin holders are set to become a neo-aristocracy as Bitcoin becomes the dominant world currency: Only $BTC holders will be permitted to the upper echelons of society. Nocoiners will be shunned, socially…
“# Institutions and miners accumulating through Bitcoin chop; whales uncertain ” After a violent price reversal last week that saw Bitcoin retreat from all-time highs, traders and analysts are now eyeing major players and investors to gauge BTC’s next move — and so far the reaction is decidedly mixed. Data from on-chain analytics firm Glassnode…
“# Is Bitcoin at risk of another drop below $40K in a historically corrective March? ” Bitcoin (BTC) has seen a corrective week as the price dropped from $58,000 to $44,000 in a matter of days. This dropdown caused a panic reaction across the markets as the euphoria was immediately halted. For instance, the Crypto…