85 / 92 Relevant items tagged with #BitcoinNews
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Crypto Storm Brewing: Bitcoin Vortex Indicator Flashes Buy Alert
[Aug 4, 2023 7:36 AM] Bitcoin has flashed an important high timeframe buy signal on the Vortex Indicator. Find out why this suggests a storm of buying could be brewing in crypto — and why it could soon suck up everything in its path. Forecasting A Storm in Crypto Like a…
MicroStrategy’s Michael Saylor Says Spot ETF Approvals Have No Bearing On Bitcoin Strategy
[Aug 3, 2023 5:00 AM] MicroStrategy co-founder and former CEO Michael Saylor has stated that potential Spot Bitcoin ETF approvals will not influence the company’s “Bitcoin Strategy.” MicroStrategy Has A Unique Bitcoin Offering During a discussion with Bloomberg on…
Why Isn’t Bitcoin Outperforming Most Risk Assets? A Market Conundrum
[Aug 2, 2023 6:00 PM] Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, has recently suggested that Bitcoin’s (BTC) underperformance compared to the stock market may be a warning sign for investors. BTC’s Failure To Outshine In A Bull Market…
This Long-Term Bitcoin Price Average Is Setting ATHs
[Aug 2, 2023 5:02 PM] Bitcoin price is nowhere near setting new all-time highs, but an important long-term price average is doing so, day after day, month after month. What is this moving average being referenced, and what does it setting new highs potentially mean?…
Buying Pressure Incoming? MicroStrategy Files Notice With SEC To Sell $750 Million In Stocks
[Aug 2, 2023 11:00 AM] In a recent development, MicroStrategy, a US-based software firm, has announced intentions to raise about $750 million through stock sales. According to the platform, which is currently one of the biggest corporate holders of Bitcoin, proceeds…
Bitcoin Funding Rates Most Positive Since Feb, Long Squeeze Soon?
[Aug 2, 2023 10:00 AM] Data shows that Bitcoin funding rates have risen to the greenest levels since February 2023, something that could increase the risk of a long squeeze. Bitcoin Funding Rates Are At Highest Levels Since February As pointed out by an analyst in a…
Bitcoin Addresses In Loss Soar To One-Month High Amid Mixed Market Indicators
[Aug 1, 2023 10:30 PM] Bitcoin, the pioneering cryptocurrency, is currently exhibiting mixed market signals, according to the latest data from Glassnode. The analytics firm points out that Bitcoin addresses in loss have reached a one-month high, even as the count of…
BlackRock CEO Larry Fink Is The Best Thing To Happen To Bitcoin, Mike Novogratz Says
[Aug 1, 2023 8:30 PM] BlackRock officially announced its entrance into Bitcoin earlier this year by filing for a Spot Bitcoin ETF with the United States Securities and Exchange Commission (SEC). Although the regulator is yet to accept the filing, CEO Larry Fink has also…
Lightspark CEO Outlines The Challenges Of Building On The Bitcoin Lightning Network
[Aug 1, 2023 5:30 PM] The CEO of Lightspark, David Marcus, has come forward to share his experiences on building atop the Bitcoin Lightning Network. Marcus noted the challenges the Lightning Network held for builders, stating that it was incredibly difficult and complex…
Bitcoin Drops Under $29,000, Here’s Where BTC Could Find Support Next
[Aug 1, 2023 2:30 PM] Bitcoin has plunged below the $29,000 level during the past day. According to on-chain data, here’s the next level that could act as major support. Bitcoin Short-Term Holder Realized Price May Be The Next Support Level As pointed out by an…
Bitcoin Price Forecast: Dark Days Ahead As $29,200 Support Fails
[Aug 1, 2023 1:30 PM] In his recent report, Charles Edward, a prominent crypto market analyst, released an update on the state of the Bitcoin (BTC) market. The report highlights the continuation of the downtrend for Bitcoin, which has been losing its key support, the…
Bitcoin Bollinger Bands Are The Tightest Ever, What Happens Next?
[Aug 1, 2023 1:25 PM] Last week, the 1W Bollinger Bands in Bitcoin reached its tightest level ever. The volatility measuring tool typically doesn’t give any indication of direction, however. Using historical data, we’ve taken all previous instances of extreme lows and…
Bitcoin Crucial Moment: Will Resistance At $29,500 Trigger A Sell-Off Or Surge?
[Jul 31, 2023 1:00 PM] Bitcoin (BTC) has been trading in a tight range for quite some time now, with bulls and bears engaged in a tug-of-war over key support and resistance levels. The recent move above $29,500 has provided some hope for the bulls, but so far, they have…
US Presidential Candidate Defends Bitcoin, Calls Out Environmental Critics
[Jul 31, 2023 10:00 AM] For an industry that rarely gets mainstream political support, Bitcoin recently received a massive endorsement after Democratic Presidential candidate Robert F. Kennedy spoke out in support of the cryptocurrency. According to RFK, arguments against…
Is Another Bitcoin Rally Coming Soon? This Pattern May Say So
[Jul 31, 2023 7:40 AM] On-chain data shows a pattern in the stablecoin shark and whale holdings that may suggest the Bitcoin rally could make a return in the near future. Stablecoin Sharks & Whales Have Been Accumulating Recently According to data from the on-chain…
Bitcoin Miner Reserve Rising: Good News For BTC Bulls?
[Jul 31, 2023 12:55 AM] Bitcoin prices have been stagnant, trading below the psychological $30,000 level. The coin is technically under pressure, declining from its peaks of around $31,800 recorded in early July 2023. Amid this development, on-chain data reveals that the…
Stanford MBA Explains Why Next Bitcoin Cycle Could Be “Bigger”
Bitcoin Whales Make Alarming Deposits To Exchanges Amid Falling Prices
[Jul 28, 2023 12:00 PM] It would appear that Bitcoin whales are shifting their BTC into exchanges at an alarming rate, which is a warning that they may be getting ready to liquidate their holdings. Recent on-chain data shows that Bitcoin whale exchange deposits reached…
Data Shows: Bitcoin Traders Going Long, Blast Above $30,000 Looming?
[Jul 28, 2023 11:00 AM] Bitcoin continues to trade sideways during today’s trading session, holding the line draw for the past few weeks. Recent data shows that the cryptocurrency has been recording “crab-like” price action in the short term, but operators favor the long
Bitcoin Rally May Not Resume Until This Happens
[Jul 28, 2023 9:00 AM] Bitcoin has continued to stagnate recently as another recovery move has failed to prosper. So here’s an indicator that may hint when a break could happen. Bitcoin Rally May Not Resume Until The Stablecoin Market Cap Goes Up Around the start…
Why This Billionaire Continues To Advocate For Bitcoin Amid Surging US Debt?
[Jul 28, 2023 7:00 AM] Bitcoin (BTC) has continued to occupy center stage, drawing varied reactions from different financial pundits. One of these voices is billionaire investor Mike Novogratz, who has yet again reiterated his support for the top cryptocurrency despite…
Bitcoin Set To Accelerate As A Store Of Value In Wake Of Bank Collapses, Cathie Wood
[Jul 28, 2023 6:00 AM] ARK Invest CEO and crypto proponent Cathie Wood says that Bitcoin is set to grow massively as a store of value following the recent bank collapses. She believes that Bitcoin’s stability and a huge rally in the wake of US regional banks collapsing…
European Central Bank Follows US Fed’s Footsteps With 25 BPS Hike
[Jul 27, 2023 2:00 PM] On Thursday, the Governing Council of the European Central Bank (ECB) announced that it was raising “three key ECB interest rates” by 25 basis points (BPS) in a move similar to the one taken by the United States Federal Reserve. The US Federal…
Don’t Change The Channel! Why Bitcoin Could Target $42K If Uptrend Holds
[Jul 27, 2023 1:36 PM] Bitcoin, the world’s largest cryptocurrency by market cap, has traded at or near $30K per coin for the better part of 2023. Throughout the year, an uptrend channel has formed that is currently still holding. If support remains unbroken, it could…
Bitcoin At Decision Point As Investors Hold Neutral Sentiment
[Jul 27, 2023 8:00 AM] Bitcoin may be at a decision point right now as investor sentiment is exactly neutral. Which way will the market tip in the coming days? Bitcoin Fear & Greed Index Suggests Market Is Neutral A few days back, Bitcoin had observed a sharp plunge…
Crypto Analyst Predicts Bitcoin To Drop By 20% In Coming Weeks
[Jul 27, 2023 5:00 AM] Bitcoin (BTC) has shown much resilience in the wake of the US Federal Reserve announcing a 25 basis points hike in the Federal Funds Rate (FFR) on Wednesday. Based on data from CoinMarketCap, the premier cryptocurrency is up by 0.78% in the last 24…
FOMC Delivers Expected 0.25% Rate Hike, Bitcoin Holds Steady Above $29,000
[Jul 26, 2023 6:00 PM] The Federal Reserve’s (Fed) decision to raise the Federal Funds Rate (FFR) by 25 basis points to 5.50%, the highest level since February 2021, had little impact on the cryptocurrency market and Bitcoin (BTC), with the event described as “very…
Bitcoin Pre-Halving Patterns Suggest Bull Market Is Not Starting In 2023
[Jul 26, 2023 5:00 PM] The Bitcoin halving is arguably the most important event for the blockchain due to its function. As such, it has played a significant role in when the crypto bull market starts and how long it lasts in most cases. Although there have been slight…
Bitcoin: What On-Chain Data Says About The Latest Dip Below $30,000
[Jul 26, 2023 1:00 PM] The Bitcoin price has been underwhelming in the past few days, reflecting the current state of the cryptocurrency market. On Monday, July 24, investors watched the price of the premier cryptocurrency retreat beneath the $30,000 mark again. …