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“# Glass half full: Bitcoin options traders neutral after 28% BTC price dip ” Bitcoin (BTC) might have recovered from the $47,000 low seen on April 25, but the subsequent 15% bounce was not enough to bring optimism to the BTC options markets. Even at the present $54,000 level, the price remains 17% below the…
“# Eric Weinstein calls Bitcoin potential hedge against fiat catastrophe ” Eric Weinstein, managing director of Thiel Capital and host of the popular podcast The Portal, urged his followers over the weekend not to get caught up in Bitcoin’s (BTC) daily fluctuations. He seemed to feel that it was wiser to focus on the cryptocurrency’s ability…
“# Today marks the 10-year anniversary of Satoshi Nakamoto’s final message ” Bitcoin (BTC) creator Satoshi Nakamoto left the cryptocurrency community with a parting message exactly one decade ago today: “I’ve moved on to other things.” In the years since, Bitcoin has evolved from an obscure and esoteric project to a trillion-dollar financial asset drawing…
“# Price analysis 4/26: BTC, ETH, BNB, XRP, ADA, DOGE, DOT, UNI, LTC, BCH ” Bitcoin price started the week off with a strong move that propelled the price above $50,000 and at the time of writing, bulls are in pursuit of the $55,000 level. On April 21, JPMorgan analysts wrote that the liquidity in the…
“# Ethereum and Tezos connected via blockchain bridge ” The cryptocurrency space just became a little bit more interconnected after developers created a cross-chain bridge between the Ethereum and Tezos blockchains. Following the launch of the WRAP Protocol, created by Bender Labs, Ethereum-based ERC-20 and ERC-721 tokens can be made Tezos-compatible, allowing ETH holders to interact…
“# NFL wunderkind Trevor Lawrence inks crypto endorsement deal with Blockfolio ” Trevor Lawrence, the presumptive number-one pick in the upcoming National Football League draft, has signed an endorsement deal with crypto portfolio-tracking platform Blockfolio. According to a report on Monday by the New York Times, the quarterback prodigy has already received a signing bonus…
“# Demand for PayPal’s crypto offering exceeded all expectations, CEO says ” The demand for cryptocurrency exceeded PayPal’s initial expectations after the firm launched crypto trading in late 2020, according to the company’s CEO. “Demand on the crypto side has been multiple-fold to what we initially expected. There’s a lot of excitement,” PayPal president and…
“#Bitcoin, cryptocurrencies rebound after brutal week of losses” Bitcoin and other cryptocurrencies rose Monday morning, recovering some losses after a brutal week that saw the digital currency market lose hundreds of billions of dollars. Bitcoin was up more than 8 percent Monday at $53,720, according to Coinbase data. That restores Bitcoin’s market cap to about…
“# Bitcoin bulls respond with a $150M short squeeze above $53K — Can BTC go higher? ” Roughly $150 million worth of shorts were liquidated within a span of hours as the price of Bitcoin (BTC) rose from around $47,000 to over $53,000 on April 26. The cryptocurrency market as a whole saw a strong…
“# 5 things to watch in Bitcoin this week as greed and leverage get ‘flushed out’ ” Bitcoin (BTC) is keeping bulls and bears guessing as it opens a new weekly candle in the green, heading away from $50,000. After an uneventful but uninspiring weekend, BTC/USD has begun Monday by reclaiming $53,000 for the first…