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“# Stimulus checks meet BTC all-time highs: 5 things to watch in Bitcoin this week ” Bitcoin (BTC) surged to a new all-time high over the weekend, but what’s in store as a new week begins? With $24,000 still in play, Cointelegraph takes a look at five factors influencing BTC price action over the coming…
“# DeFi boom and Bitcoin rally position NEXO to close 2020 with a 480% gain ” Over the past three months NEXO token, the native asset of Nexo’s blockchain-based lending platform, has increased by more than 480%. Since Bitcoin (BTC) traded for $10,000, NEXO price has closely tracked BTC but the performance is somewhat lackluster…
“# Bitcoin’s expensive but this technique proves it’s never too late to buy BTC ” Seasoned Bitcoin (BTC) investors know that the crypto market trades in cycles, and now that BTC price has surpassed its previous all-time high, a full-on bull cycle is underway. Crypto market data daily view. Source: Coin360 As this new cycle…
“# Top 5 cryptocurrencies to watch this week: BTC, ETH, LTC, ADA, BNB ” When the price of an asset hits a new all-time high, momentum traders plow in as they sense an opportunity to ride the trade higher. The same was seen after Bitcoin (BTC) price broke above the $20,000 mark on Dec. 16….
“# Why Dogecoin immediately surged 25% after Elon Musk tweeted about it ” The price of Dogecoin (DOGE) rallied by roughly 25% on Dec. 20 as Tesla CEO Elon Musk once again drew attention to the meme-inspired cryptocurrency. Elon Musk and his enthusiasm toward Dogecoin is a long-running meme. Every once in a while, Musk…
“# 3 reasons why traders expect continuation after Bitcoin price spike to $24K ” The price of Bitcoin (BTC) surpassed $24,000 on Dec. 19, reaching a new all-time high. On Coinbase, BTC peaked at $24,200 and has since consolidated into the $23,500 to $23,800 range. Three factors pushed the price of BTC upwards within a…
“# Another day, another all-time high — Bitcoin hits $24K in weekend surge ” Bitcoin (BTC) set a new all-time high on Dec. 19 as markets continued to deliver surprises in weekend trading. BTC price just hit another all-time high Data from Cointelegraph Markets and Tradingview showed BTC/USD just eclipsing its record level set this…
“# Bitcoin price can hit $25K before 2021 if this key support level holds ” Bitcoin (BTC) price has seen a massive rally in previous months, accelerating from $10,000 to a recent all-time high of around $23,700. This is a rally of 135% in just a matter of a few months. It’s speculative to discuss…
“# Did Bitcoin price just see a ‘retail FOMO peak signal’? This indicator says yes ” The Bitcoin (BTC) futures funding rate on Binance Futures overtook Deribit on Dec.18, according to data from CryptoQuant. Historically, when this happened, the dominant cryptocurrency saw a local top or consolidation. The funding rate of major cryptocurrencies, including Bitcoin…
“# Analysts say Mnuchin’s proposed self-custody rule won’t impact Bitcoin price ” This week various media reported that U.S. Treasury Secretary Steven Mnuchin was considering whether or not legislation governing self-custodied wallets should be implemented. This led some analysts and crypto pundits to speculate whether or not this would impact Bitcoin, and the current bullish…