Bitcoin (BTC) traded above $70,000 on May 21 after relentless bidding produced snap BTC price upside. BTC/USD 1-hour chart. Source: TradingView Bitcoin buys fuel march past $69,000 Data from cryptodirectories Markets Pro and TradingView showed BTC/USD attempting to hold its latest reclaimed ground around key psychological levels. Bitcoin surprised into the previous daily close, with […]
Visit PageThe Bitcoin price recovery above the $67,000 level has triggered a round of selling, but it is not from the usual camp of large investors selling. This time around, it is the small-time traders who are offloading their bags and putting selling pressure on the price. However, this is not an entirely bad thing given […]
Visit PageBitcoin which has been moving downward for a while now has managed to break above its previous resistance level of $67,303.98 and has been showing signs of a potential rally ever since. At the time of writing, the price of BTC is up by 0.04%, and it is currently trading at around $67,303.98. BTC’s price […]
Visit PageThe cryptocurrency market has been on a hot streak in the past few days, with several large-cap assets posting significant gains in the past week. Most notably, the Bitcoin price bounced back from around $61,000 to above $67,000 for the first time in nearly a month. As expected, this latest price movement has sparked a […]
Visit PageGameStop shares have surpassed Bitcoin’s (BTC) yearly returns within a day. Could part of the profits find themselves in the altcoin market, similar to the previous bull cycle? GameStop stock outperforms BTC’s yearly returns in a day On the yearly chart, the returns of GameStop shares are up over 154%, compared to Bitcoin’s over 129% […]
Visit PageHong Kong’s Bitcoin (BTC) and Ether (ETH) exchange-traded funds (ETFs) posted the largest-ever net outflow on Monday, May 13 — wiping all gains they’ve made since launching under two weeks ago. Bosera, ChinaAMC and Harvest Global’s spot Bitcoin ETF funds posted net outflows of $32.7 million, with ChinaAMC’s Bitcoin fund coming in as the biggest […]
Visit PageAs the price action of Bitcoin continues to attract crypto investors’ interest, Michael Van De Poppe, a well-known market analyst and trader in a bearish scenario has made a worrying prediction, warning the community of a potential drop in price for the crypto asset to the $52,000 level. Bitcoin Poised For A Possible Decline Michael […]
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The price of XRP (XRP) in Bitcoin (BTC) terms sunk to a three-year low this week, suggesting a potential local bottom and buying opportunity for XRP. XRP/BTC price ratio sinks to 2021 low XRP’s price compared to Bitcoin fell to a three-year low last seen at the beginning of April 2021, according to TradingView data. […]
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The government of Nigeria is preparing to introduce new regulations to ban peer-to-peer (P2P) cryptocurrency exchange using the national currency, the Nigerian naira. Nigeria’s Securities and Exchange Commission (SEC) is set to launch a new regulatory framework for crypto exchanges, custodians and other industry firms “in the coming days,” Bloomberg reported on May 7. According […]
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Bitcoin (BTC) starts a new week with bullish sentiment back on the radar as $64,000 returns. In a stirring comeback, BTC price action has managed to leave its latest swing lows far behind it, gaining nearly $8,000 versus the pit of last week’s sell-off. Despite some of those gains coming during the weekend, they proved […]
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