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“# Digital gold narrative valid as long as MicroStrategy holds Bitcoin, says exec ” As some industry executives have questioned Bitcoin (BTC) as being the digital gold amid a massive market crash on Thursday, other experts continued to support the digital gold narrative for now, or until whale investors like MicroStrategy cash out. Ki Young…
“# Last Bitcoin support levels above $20K come into play as BTC price faces ‘time of uncertainty’ ” Bitcoin (BTC) may yet reenter the $20,000 zone, but the coming weeks could provide a solid buying opportunity, a new report forecasts. In its latest market update on Feb. 24, trading platform Decentrader laid out the final…
“# FTX CEO weighs in on Bitcoin market outlook amid Ukraine crisis ” The world woke up to a “sea of red” that was not necessarily limited to the financial markets, as Russia declared war on Ukraine early Thursday. The traditional financial markets along with the crypto markets have been sliding bearishly for the past…
“# Bitcoin dips 12% as Russian ruble hits all-time low against USD on Ukraine ‘military operation’ ” Bitcoin (BTC) fell to $34,300 overnight on Feb. 24 as geopolitical tensions in Europe boiled over. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Arguments both ways” for BTC price outlook News that Russia had launched a “special military…
“# Bitcoin plunges as Putin announces ‘special military operation’ in Ukraine ” Global crypto and stock markets plunged after Russian President Vladimir Putin announced on a national broadcast that his army would conduct a “special military operation” in Ukraine. As the sun began to rise in Ukraine, the Russian army launched missiles around several areas…
“# Hedge fund report says Bitcoin price is ‘at a relatively inexpensive place’ ” There has been a lot of focus on the performance of the stock and cryptocurrency markets over the past year or two as the trillions of dollars that have been printed into existence since the start of the COVID pandemic have…
“# Price analysis 2/23: BTC, ETH, BNB, XRP, ADA, SOL, AVAX, LUNA, DOGE, DOT ” Bitcoin (BTC) and several altcoins have bounced off their immediate support levels after buyers attempted to arrest the current decline. Bloomberg Senior Commodity Strategist Mike McGlone highlighted in a recent Tweet that Bitcoin was trading roughly 20% below its 50-week…
“# Cointelegraph’s Brazilian version unveils top 10 people in crypto and blockchain ” In 2021, the Brazilian cryptocurrency market gained more investors, reached the Brazilian stock exchange and “punctured the bubble” of the mainstream, becoming an important part of the investment portfolio of ordinary Brazilians. In addition to strengthening the crypto community in Brazil, the…
“# Mexican senator to propose crypto law: ‘We need Bitcoin as legal tender’ ” Amid El Salvador reporting on cases of the positive impact of the country’s Bitcoin (BTC) adoption, a government official in Mexico has once again urged that the country should follow El Salvador’s example on Bitcoin. Indira Kempis, a senator representing Nuevo…
“# $89M flows into Bitcoin funds despite looming conflict, but ETH funds are negative ” Amid a marketwide downturn across major crypto assets over the past week, institutional traders tipped almost $89 million into Bitcoin (BTC) funds. However, the money men failed to ba Ethereum (ETH) investment products, which saw outflows totaling $15.2 million. Despite…