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“# Here’s 5 ways investors can use the MACD indicator to make better trades ” The Moving Average Convergence Divergence, also called the MACD, is a trend-following momentum indicator used widely by traders. Although the MACD is a lagging indicator, it can be very useful in identifying possible trend changes. BTC/USDT daily chart. Source: TradingView…
“# Bitcoin price hits stock-to-flow rebound level not seen since 2017 all-time high ” Bitcoin (BTC) spending over three weeks in the $30,000 range is proving a crucial test for one of its best-known price models. As noted by Philip Swift, co-founder of trading suite Decentrader on June 11, Bitcoin is issuing a major challenge…
“#What does it mean for crypto?” LONDON, June 10 – El Salvador has become the first country in the world to adopt bitcoin as legal tender, with President Nayib Bukele touting its use for its potential to help Salvadorans living abroad to send remittances back home. Here’s what the move means for bitcoin as a mainstream currency – and emerging markets such as El Salvador:…
“# Bullish Bitcoin newsflow gives bulls a boost ahead of Friday’s $565M options expiry ” On Friday, June 11, a total of $565 million in Bitcoin (BTC) options are set to expire. This is significant because the last couple of weeks have been a massive deception for bulls. After all, the price was struggling to…
“# Bitcoin boon as US inflation hits 13-year high, wages fall to lowest in 21st century ” Bitcoin (BTC) gained more free publicity this week as inflation data showed that prices are rising faster than even experts had anticipated. The latest Consumer Price Index (CPI) report on June 10 from the United States Bureau of Labor Statistics…
“#China arrests 1,100 crypto users on money laundering charges” China’s crackdown on cryptocurrencies is heating up with a series of arrests that suggest digital currency users can be traced. More than 1,100 people who allegedly used cryptocurrencies to launder profits from frauds were arrested Wednesday, the country’s Ministry of Public Security said in a statement. …
“# Bitcoin part of highest risk category in Basel’s new bank capital plan ” The Basel Committee on Banking Supervision (BCBS), a global committee of banking supervisors and central banks, has proposed new requirements for banks that want to hold cryptocurrencies like Bitcoin (BTC). In a consultation paper published Thursday, the committee provided preliminary proposals…
“# The female speakers who made an impact at Bitcoin2021 in Miami ” Dubbed as “the largest Bitcoin event in history,” Bitcoin 2021 consisted of 12,000 attendees from across the globe. Undoubtedly, Bitcoin (BTC) adoption is growing at an impressive rate. Yet judging by the attendance at Bitcoin 2021, men still appear to be the…
“# New report: El Salvador Bitcoin pump failed to attract smart money, for now ” Bitcoin (BTC) logged its best daily performance on Wednesday since Feb. 8, the day Tesla announced that it had added $1.5 billion worth of BTC to its balance sheet. The flagship cryptocurrency surged 11.98% to $37,573 after El Salvador President…
“# One River Digital sees spike in demand for carbon neutral Bitcoin ” Institutional investors have been showing a stronger appetite for a carbon-neutral Bitcoin (BTC) investment solution by One River Digital Asset Management. One River Digital, a crypto-focused hedge fund offering exposure to Bitcoin and Ether (ETH), announced Wednesday that an “overwhelming majority of…