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“# Dollar dip meets hash rate boom: 5 things to watch in Bitcoin this week ” Bitcoin (BTC) starts the week above $11,000 as fresh gains continue to hold — is $12,000 next or will bears gain control? Cointelegraph takes five factors that could help decide whether this week is bullish or bearish for BTC…
“# Top traders go long after Bitcoin price rallies to key $11.5K resistance ” On Oct. 7 Cointelegraph reported that top crypto traders had kept a bearish stance since mid-September and at the time the Bitcoin (BTC) long-to-short ratio had reached its lowest level in 10 weeks. All of this changed in a matter of…
“# Top 5 cryptocurrencies to watch this week: BTC, XRP, ADA, XMR, ATOM ” In the past three years the U.S. Securities and Exchange Commission has shot down several applications for a Bitcoin (BTC) exchange-traded fund. This dashed hopes of many investors who believed Bitcoin price would rally higher if an EFT was approved. Although…
“# More investors HODL Bitcoin in anticipation of a 2021 BTC bull market ” New data shows Bitcoin’s (BTC) current price action is showing higher levels of ‘HODLing’ activity than previous bull cycles. According to on-chain analyst Willy Woo, an indicator called “reflexivity” has been increasing in recent months. Woo explained that the indicator measures…
“# Spanish lawmakers get cryptocurrency in a bid to promote industry ” Members of Spain’s lower house of Congress saw a surprise in their inboxes, the equivalent of 1 euro in crypto. As reported by Spanish news outfit ABC, the plan is spearheaded by Tutellus, a decentralized platform looking to tokenize education technology, and the…
“# Wolf of Wall Street on steroids: DeFi may be a bubble, but it’s making us stronger ” Programmers have found a way to replace the core service offerings of Wall Street and an army of corporate lawyers with 800 lines of smart contract code. The “De” in DeFi stands for “decentralized,” meaning there are…
“# Bitcoin runs crypto markets, but DeFi tokens don’t follow its lead ” Decentralized exchanges have been around for a while now, but it’s only been since the grip of decentralized finance mania has taken hold that they’ve come into their own. The growth in DEX use has been nothing short of exponential, with volumes…
“# Crypto banks are going to swallow fiat banks in 3 years — or even less ” Within a few years, a younger generation of financial services customers are going to be able to walk into a bank and gain access to credit products, savings accounts and investments that can host both crypto and fiat…
“# $12K Bitcoin price back on the table after BTC rallies above $11.4K ” On Friday Bitcoin (BTC) price finally managed to break above the symmetrical triangle where the price had been compressing for the last 30 days. After holding the $11,000 level into the daily close, the price rallied to $11,448 on multiple high…
“# Price analysis 10/9: BTC, ETH, XRP, BCH, BNB, DOT, LINK, CRO, LTC, BSV ” Bitcoin and select altcoins have broken out of their bullish setups, hinting that further upside could occur through the weekend. <p dir=”ltr”>Payments giant, Square, has become the second listed company after MicroStrategy to buy Bitcoin (BTC). Although Square’s purchase of…