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“# Whale clusters suggest that this key Bitcoin level can trigger an explosive rally ” The price of Bitcoin (BTC) is attempting to break the $60,000 resistance level after more than a week of ranging. Whale clusters show that $57,046 and $60,045 are the crucial support and resistance areas in the short term. In other…
“# Singapore authority issues crypto warning after PM falls prey to scammers ” Officials in Singapore have issued a notice to would-be Bitcoin (BTC) and cryptocurrency investors, warning them of the dangers of engaging with such a volatile market. Notably, the warning comes just 48 hours after Prime Minister of Singapore Lee Hsien Loong had…
“# BTG Pactual’s new Bitcoin fund teams up with Gemini for custody ” Gemini, the U.S.-based crypto exchange and custodian founded by Tyler and Cameron Winklevoss, has announced it will provide custody services for the forthcoming Bitcoin fund from Brazil’s top investment bank, BTG Pactual. An April 5 announcement indicates Gemini’s subsidiaries Gemini Custody and…
“# Altcoins notch triple-digit gains as Bitcoin price pushes toward $60K ” If this past weekend is any indication of the current bull market cycle, then an altcoin season may be well underway. Similar to previous cycles, after (BTC) makes a significant run-up in price and then enters a consolidation period, funds begin to migrate into…
“# Price analysis 4/5: BTC, ETH, BNB, DOT, ADA, XRP, UNI, LTC, LINK, THETA ” The total crypto market capitalization reached the important milestone of $2 trillion on April 5. As cryptocurrencies increase in value, they are likely to attract further investments from institutional investors because they can no longer afford to neglect it. Less…
“# Marathon Digital stock soars after company ramps up BTC mining in Q1 ” Shares of Marathon Digital Holdings (MARA) surged on Monday after the cryptocurrency miner announced a significant increase in mining capacity in the first quarter, allowing it to up its stake in Bitcoin (BTC) by a considerable margin. MARA stock jumped 15.8%…
“#Winklevoss twins slam Facebook as their crypto business booms” Tyler and Cameron Winklevoss waged a famous legal war over Facebook’s beginnings — and now they’re predicting its demise. The Harvard-educated Bitcoin billionaires say “centralized” social networks like Facebook aren’t long for this world thanks to the success of the digital currencies on which they’ve built…
“# New milestone reached as 100 cryptocurrencies reach a $1B market cap ” In the last two months, the number of cryptocurrencies with a $1 billion market cap has doubled since the last time Cointelegraph reported on the milestone. As things currently stand, there are 100 projects that have reached a $1 billion market capitalization….
“# Ark Invest and JPMorgan expect Bitcoin to hit $130K-$470K ” JPMorgan expects Bitcoin (BTC) to reach $130,000, while Ark Invest anticipates the market valuation of BTC to surpass that of gold. The optimistic macro prediction from both funds revolves around the scarcity of Bitcoin, which has buoyed its popularity as a safe-haven asset. BTC/USD…
“# Cryptocurrency market cap hits $2 trillion — Now worth as much as Apple ” The market capitalizations of all cryptocurrencies in existence surpassed $2 trillion on April 5, according to data from Goingecko, led by the impressive growth of Bitcoin (BTC), Ether (ETH) and other altcoins in 2021. The cryptocurrency market as a whole…