Tag: bitcoin (btc)

Nov 30 2021

Bitcoin Price Analysis: BTC Trades Above $57K As MicroStrategy Extends The Adoption Curve

Bitcoin (BTC) price leaped by approximately $4,756 on November 29 rising to brush shoulders with $59,000 for the fist time since losing this support last week. The uptick was triggered by the disclosure by MicroStrategy that they had added more BTC to their reserves. Although Bitcoin price analysis reveals that it has since recoiled towards The post Bitcoin Price Analysis: BTC Trades Above...

Nov 29 2021

MicroStrategy Purchases 7,002 Bitcoin for $414.4 Million

The business intelligence firm currently holds around $3.57 billion worth in Bitcoin.

Nov 18 2021

Bitcoin Hits Monthly Low As Global Crypto Market Capitalization Dips 5%

Bitcoin has seen another 4% dip within the last 24 hours, taking down the global crypto market capitalization with it. Being the world's largest cryptocurrency, it's not exactly surprising how its downward movement has also brought about the global crypto market cap falling 5%. On November 10, Bitcoin attained an all-time-high price of $69,044, and The post Bitcoin Hits Monthly Low As Global...

Nov 16 2021

China Warns State-Owned Companies about Dealing with Crypto Mining

Crypto mining's activities are banned in China as an effort taken by the government to tackle 'speculation.'

Bitcoin Price Analysis: BTC Down 11% To $60K But It Is Not Out

11% daily Bitcoin price losses are painful for ‘holders’ but no there is no need to panic as recent price action show that BTC is still bullish. At the time of writing, Bitcoin price is trading at $60,882 approximately 11% down on the day with a market cap of $1.146 trillion also dropped 8% over The post Bitcoin Price Analysis: BTC Down 11%...

Nov 15 2021

Bitcoin Price Prediction: Taproot Upgrade To Propell BTC To $69,600 This Week

Bitcoin price is currently hovering around $65,524 with a bullish bias after successfully bounding off the $62,000 coincinding with the 50-day Simple Moving Average (SMA) support wall on November 13. The bullish momentum is set to continue as the developments around the Taproot soft fork upgrade come into focus. Taproot Upgrade To Fuel BTC’s Uptrend The post Bitcoin Price Prediction: Taproot Upgrade To...

Nov 12 2021

US SEC Rejects Application for the VanEck’s Bitcoin-Backed ETF

The US SEC denied the application on concerns over “fraudulent and manipulative acts and practices.”

Nov 11 2021

BTC Price Prediction: BTC Price All Set To Resume A Parabolic Trajectory, Here’s Complete Analysis

Is Bitcoin (BTC) price on its way to $100k? Recent readings of the Consumer Price Index [CPI] reveal an increase of 6.2% last month October, compared to last year. Analysts speculate that a steady inflation rate at 6.2% for the 10yrs would bring a 100,000 USD savings to 54,000 USD in the future. The record-high The post BTC Price Prediction: BTC Price All...

Nov 08 2021

Bitcoin Price Analysis: BTC Rallies 5% To Reclaim The $65K Crucial Level

Bitcoin price has rallied 5.40% over the last 24 hours to trade above $65,000. Overcoming the overhead resistance zone between $64,324 to $66,834 is crucial to BTC rallying higher to new ATHs. Bitcoin price is currently trading at $65,375 after rising approximately 5.4% over the last 24 hours. Meanwhile, Bitcoin’s market dominance has dropped from The post Bitcoin Price Analysis: BTC Rallies 5%...

Oct 29 2021

Bitcoin Price Keeps Rewarding Investors; Here Are The Levels To Watch Targeting $70,000

Bitcoin price back in the bulls’ hands after diving to $58,000 mid-week to onboard more buyers. Bulls must offset the sell signal from the MACD and ensure that the uptrend to ATH and later $70,000 remains intact. Bitcoin confirmed our prediction earlier in the week that a dip under $60,000 would do more good than The post Bitcoin Price Keeps Rewarding Investors; Here...

Oct 28 2021

Bitcoin, Ethereum Price Prediction Today: October 28, 2021

Bitcoin price holds in crucial support, which, if defended, could a rally above $60,000. Ethereum is still in the bulls’ hands despite the pullback, but support is needed beyond $4,000. The cryptocurrency market is still bleeding 24 hours after Bitcoin and Ethereum started to pull back from their weekly highs. According to CoinGecko, these losses The post Bitcoin, Ethereum Price Prediction Today: October...

Oct 27 2021

Bitcoin Price Pullback To $60,000 Is An Opportunity To Buy The Dip

Bitcoin price fails to break the resistance at $64,000, resulting in losses back to $60,000. Investors are expected to buy the dip as anticipation for $70,000 grows. Bitcoin dropped slightly below $60,000 over the last weekend but recovered almost immediately, touching highs of $63,675 on Monday. Rising overhead pressure made it increasingly difficult for bulls to keep the uptrend intact on Tuesday. According...

Oct 25 2021

Bitcoin Price Pullback Holds Above $59,000 As Bulls Plot Ultimate Rally To $70,000

Bitcoin renews the uptrend above $62,000 as bulls look forward to new record highs. The short-term technical picture appears positive for BTC apart from a sell sig al from the MACD. Bitcoin recently rose to a new all-time high amid the speculation accompanying the approval of the first BTC futures ETF. The flagship cryptocurrency lifted to slightly...

Oct 22 2021

Walmart Installs Bitcoin ATMs in 200 of Its Stores across the US

The ATM machines are powered by Coinstar, a firm that is also deploying over 8,000 Bitcoin ATM machines across the country.

Oct 21 2021

The Crypto Gold Rush: A Journey To The Mainstream

In 2012, not many people saw this flash of potential when Bitcoin's growth started to gain media attention. A new wave of gold seekers has come by now, as Bitcoin can be found on some of the biggest platforms and stages across the globe. Less than a decade after crypto's early waves, it has made changed many individual's lives. Let's take a bird's...

Oct 18 2021

Bitcoin Price Prediction: BTC Return To $62,000 Extends Winning Streak Aiming For $68,000

Bitcoin price returns above $62,000 and nearly touches $63,000 for the first time since mid-April. As affirmed by the general technical picture, BTC is in the bulls’ hands; a break above $65,000 would quickly push BTC to $68,000. Bitcoin settled above $62,000 following an impressive run last week. The move allowed more bulls to join The post Bitcoin Price Prediction: BTC Return To...

Oct 15 2021

Bitcoin at $100K: How Will the Crypto End 2021?

The recent report of the upcoming approval of a US Bitcoin futures ETF has further accelerated the rally.

Oct 13 2021

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