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“# Top 5 cryptocurrencies to watch this week: BTC, MATIC, THETA, CRO, LEO ” Bitcoin (BTC) bulls have successfully defended the $30,000 level in the past few days but the failure to achieve a strong rebound has some traders worried that the price will eventually dip to new lows. In a series of tweets, Ecoinometrics…
“# $31.5K Bitcoin price on track for lowest weekly close of 2021 ” Bitcoin (BTC) was on track to lose nearly $3,000 this week as a weekend of mixed price behavior came to an end. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader hopes for last-minute BTC price volatility Data from Cointelegraph Markets Pro and…
“# Four North American Bitcoin miners that could benefit from the East-West shift ” Even before China finally wielded the ban hammer on crypto mining, Bitcoin (BTC) miners in North America had been building up their capacity amid efforts to gain a larger share of the global hash rate distribution. From building bigger data centers…
“# Bitcoin sees second-longest bull market drawdown with BTC price ‘stuck’ at $30K ” It’s now three months since the last Bitcoin (BTC) all-time high, but one measure suggests that holders may be waiting even longer for the next. In a series of tweets on July 17, analytics service Ecoinometrics revealed that this year’s descent…
“# Beauty and the Bitcoin: Female-focused brands accept crypto payments driving adoption ” While Bitcoin (BTC) may be considered as a store of value for many, some consumers across the globe may be thinking otherwise. Recent data has revealed that 46 million people in the United States plan to use cryptocurrency to pay for things…
“# Historically low spot volumes and investor indecision weigh on Bitcoin price ” If one word could be used to describe how the majority of participants in the cryptocurrency ecosystem feel about the near-term outlook for Bitcoin (BTC) it would be ‘undecided’, as mixed signals from all manner of indicators have many traders waiting for…
“# Aave founder hints at developing ‘Twitter on Ethereum’ ” Aave founder Stani Kulechov told his 90,000 Twitter followers on Saturday that his platform should build “Twitter on Ethereum” after Jack Dorsey said he was developing a new Bitcoin (BTC)-centric financial services platform with striking similarities to Aave. Since @jack is going to build Aave…
“# Bitcoin price set to rebound? BTC shorts on Bitfinex crash by 25% after record spikes ” Bitcoin (BTC) bears should watch out for a potential blow as the number of margined short positions on the Bitfinex exchange crashes by roughly 25%. The dataset dropped to 11,066 BTC as of 12:20 GMT Saturday, compared to…
“# On the fence: If this is a crypto bear market, how long can it last? ” It has now been three months since Bitcoin’s price peaked at an all-time high just shy of $65,000. For most of the last two months, Bitcoin (BTC) has been trading in the $30,000–$40,000 range, as much as 54%…
“# How to get involved with crypto: The first step into blockchain industry ” The cryptocurrency industry has grown immensely in the years since it began. Following Bitcoin’s (BTC) launch in 2009, an entire industry has sprung up and flourished around the innovative asset and its underlying blockchain technology. People have created thousands of crypto…