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” Bitcoin rejects $40K as US dollar strength hits 20-year high “ Bitcoin (BTC) made a fresh bid to crack $40,000 on April 28 as Wall Street trading opened to twenty-year highs for U.S. dollar strength. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView DXY now in “parabolic rally” Data from Cointelegraph Markets Pro and TradingView showed…
” Bitcoin set for volatile monthly close after BTC price ‘checks all boxes’ for major move “ Bitcoin (BTC) has reentered its most significant lifelong consolidation zone but could still crash to a “macro bottom,” new research warns. In a Twitter thread on April 27, on-chain analytics platform Material Indicators shone a light on the…
” Nifty News: Solana NFT Okay Bears tops charts, South African wine NFTs rake it in and more “ Okay Bears, a Solana-powered NFT, managed to top OpenSea’s 24-hour sales tracker for the first time earlier today, beating out all other Ethereum (ETH) projects on offer. It’s the first time a Solana (SOL) NFT project…
” BlackRock launches blockchain industry ETF, names crypto as 1 of 3 big opportunities “ BlackRock has officially launched a blockchain focused ETF, that provides investors with exposure to the crypto and blockchain industry without needing to directly own digital assets. On Wednesday, the world’s largest asset manager, which currently manages approximately $10 trillion in…
” Price analysis 4/27: BTC, ETH, BNB, XRP, SOL, LUNA, ADA, AVAX, DOGE, DOT “ The U.S. dollar index (DXY) has risen above the highs created in March 2020 and may next challenge the multi-year highs set in January 2017. Bitcoin’s (BTC) price action is generally inversely connected to DXY. Therefore, unless the dollar reverses…
” Synthetix (SNX) rallies in anticipation of L2 Curve Wars and Optimism airdrop announcement “ Layer-2 (L2) solutions for the Ethereum (ETH) network have grown in prominence over the last year because of the need for scalable networks that offer low-fee transactions and led to numerous projects that built cross-chain bridges with competing blockchain networks. …
” Here’s why Bitcoin bears aim to pin BTC under $39K ahead of Friday’s $1.9B options expiry “ Up until April 25, Bitcoin (BTC) bulls had been defending the $38,000 level, but bulls were caught off-guard by the recent drop. As Bitcoin plunged from $46,700 to $37,700 between April 5 and 26, most of the…
” Trader flags BTC price levels to watch as Bitcoin still risks $30K ‘ultimate bottom’ “ Bitcoin (BTC) remains a slave of the U.S. dollar on April 27 as the greenback spells fresh misery for risk assets across the board. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC faces off with the support zone to…
” Ex-BitMEX CEO explains how Bitcoin will hit $1 million by 2030 “ Bitcoin (BTC) will cost $1 million by 2030, one of the industry’s best-known pundits insists, as countries worldwide shun the euro and U.S. dollar. In his latest blog post published April 27, Arthur Hayes, former CEO of crypto derivatives giant BitMEX, doubled down…
” Purpose Bitcoin ETF adds 1.1K BTC as data hints investors want to ‘buy the dip’ “ The world’s first Bitcoin (BTC) spot price exchange-traded fund (ETF) is buying BTC again after a month of selling. Data from on-chain monitoring resource Coinglass confirms that on April 27, Canada’s Purpose Bitcoin ETF added 1,132 BTC to…