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“# No, Jackson Palmer, you are wrong about crypto ” 15 years ago, the social media application Twitter was launched. You might have heard of it, it’s pretty big. Initially, the microblogging and social networking service was a friendly place, packed full of helpful articles and adorable videos. In a recent article, aptly titled ‘How Twitter…
“# Sunday’s GBTC unlock held more shares than the remaining events combined ” Bitcoin (BTC) is rebounding despite the ongoing Grayscale Bitcoin Trust (GBTC) unlocking events — and most shares are already released. According to data from tracking resource Bybt, the remaining unlockings combined involve fewer shares than those which were released on just one…
“# Bitcoin bulls defend yearly open after BTC price rebounds 5.5% from $29K ” Bitcoin (BTC) bulls could celebrate a modest victory on July 21 after record bids kept BTC/USD its 2021 opening price. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $31,000 back in play for BTC Data from Cointelegraph Markets Pro and TradingView showed the…
“# Green energy crypto mining ETF launches on New York Stock Exchange ” An exchange-traded fund focusing on more environmentally friendly crypto mining operations and infrastructure has been launched in the United States. The new Viridi Cleaner Energy Crypto-Mining and Semiconductor ETF started trading on Tuesday, July 20, on the New York Stock Exchange under…
“# $13K Bitcoin price predictions emerge with BTC falling below historic trendline ” Bitcoin (BTC) prices broke below a long-standing support wave that was instrumental in keeping its strong bullish bias intact after March 2020’s crypto market crash. Dubbed the 50-week simple moving average, or 50-week SMA, the wave represents the average price traders have…
“# New EU proposal looks to tighten regulations for sending cryptocurrency ” The European Commission has submitted a new proposal which would require crypto-asset service providers to collect additional anti-money laundering, or AML, information from users who utilize cryptocurrency for money transfers. The stated purpose of this proposal is to prevent the further propagation of…
“# Bitcoin bull outlines 7 steps to more fiscal stimulus and higher BTC prices ” A recent sell-off in the Bitcoin (BTC) market pushed its prices below the key psychological support of $30,000. While the cryptocurrency’s move downhill prompted many analysts, including Luno exchange’s Vijay Nayyar and Kinetic Capital’s Jehan Chu, to predict a further…
“# Bitcoin erases 2021 gains as BTC price falls to ‘biggest bid ever’ on Binance ” Bitcoin (BTC) breaking below $30,000 has cost it almost all of its 2021 bull run gains — but a historic silver lining is ready to rescue bulls. Data from crypto exchange Binance’s order book confirms that BTC/USD has almost…
“# Stock-to-flow model possibly invalidated as Bitcoin price loses $30K ” As the price of Bitcoin (BTC) continues to struggle around the $30,000 mark, the widely accepted stock-to-flow (S2F) model to price Bitcoin, coined by Twitter user and unnamed Dutch investor Plan B, is now the farthest from its estimates. The model was popularized by…
“#$80B wiped off crypto market as bitcoin drops below $30K” About $80 billion has been wiped off the cryptocurrency market in the past 24 hours as bitcoin slumped below $30,000 per coin again, pressuring the price of other cryptos as well. Bitcoin fell more than 5 percent Tuesday and was last seen trading at about…