Bitcoin is back at a trim diagonal support level of up to $40,000. However, it could still test the primary support zone from $37,000 to $38,000. The most popular cryptocurrency began to decline on March 28; And fell to a local low of $39,200 on April 11. It is possible that Bitcoin dropped with the ascending …
Bitcoin Attempts to Sustain Revive Rally Above $40,000 Read More »
Given the inflation in a Fiat-based economy, experts and even ordinary people are looking for an investment or tool that works as a hedge. Gold, stocks, and real estate have long haunted investors who are ever afraid of losing value due to inflation. It would be fair to say that this commodity always had its limitations as …
BTC returned $43,000 on March 24th. Terra’s new acquisitions of the Blockchain protocol sparked optimism. According to reports, BTC/USD tried to break and secured its highest levels on Thursday. The couple reunited the day before; Side effects in low time gave way to the top of the grind. This raised Bitcoin to $43,492. Terra was in the focus of …
BTC Hits $43.5K – Terra $125M Bitcoin Buy-ins Gathering Pace Read More »
Bitcoin price changed during the war. The print rate of 7.9% CPI emerged as the headline of the day. This put pressure on global financial markets. Consequently, Bitcoin’s previous day earnings disappeared due to the price falling below $40,000. According to the data, the sale of BTC started on Thursday in the early trading hours. …
Bitcoin is down, however, later recovering and regaining daily earnings on March 8th, when U.S. President Biden announced a complete ban on Russian oil imports. BTC/USD traded at $38,000 – an hour after Wall Street opened on Tuesday. It reached $39,240, and the pair quickly changed trajectory. Biden confirmed the plans, adding to the already substantial oil …
BTC volume increased to a level that had not been invisible for three months; Against the background of the Russian invasion of Ukraine. According to the latest weekly updated report from Arcane Research, BTC’s actual daily trading volume exceeded $10 billion last Thursday; This marks the highest daily volume recorded since December 4. The firm named …
It seems that the sale of Bitcoin stopped; While the US imposed new sanctions on Russia on 22 February. According to reports, the price of Bitcoin continues to fall slightly below $38,000; This, in the opinion of some analysts, is an important area of support and resistance. Glassnode published a chart that analyzes the percentage of units in profit. …
Bitcoin Price Could Reduce – Macroeconomic Issues Read More »
ConocoPhillips is an international oil and gas giant that handles fingers in bitcoin mining to eliminate useless practices on the wings. The company is reportedly currently implementing a pilot scheme in the oil-rich region of Bakken. Instead of burning excess gas and oil drilling by-products is, known as flaring, the company sells it to a third-party …
ConocoPhillips Lowers Gas Fire Discharge via Bitcoin Mining Read More »
Investors are observing tense developments between Ukraine and Russia. Hence, the Bitcoin narrative could be checked this week. In parallel, assess the possibility of raising interest rates on the Federal Reserve by 50 basis points in March by 0.5 percentage points. In terms of market capitalization, investors have long regarded Bitcoin as a haven asset. It ideally hedges …
Perspective for Bitcoin as Interest Rates Growth Read More »
Russia and the Central Bank agreement about Bitcoin – According to a statement issued on Tuesday, the Russian government and the central bank reached an agreement on the regulation of cryptocurrencies. Moreover, the Russian government and the Central Bank are working on the bill. It defines cryptocurrency as an analog of currency and not digital financial assets; The resolution will come …
Russia and The Central Bank Agreement About Bitcoin Read More »
The mood in the cryptocurrency ecosystem shifted to optimism on February 7. Bitcoin bulls managed to bring the price back above $44,000 support with the help of several positive events; Including the announcement that the Big Four auditor KPMG BTC and Ether have been added to its corporate treasury. The latest data show that on …
Bitcoin and other crypto lovers and investors are afraid of the cold feeling that heralds the beginning of crypto winter. However, while crypto prices may fall, they may even be positive for investors. Buyers and speculators can get more losses for their money when cryptocurrencies fall short of buying low; While with a high selling strategy. However, …
NFL star Odell Beckham Jr.’s decision to take a $750,000 salary in Bitcoin; seems to have cost him dearly because of a market crash; After he signed the deal. Due to cryptocurrency tax laws and current price volatility; Some believe that Odell lost 61% more than the salary it received at Fiat. This loss highlighted the tax implications for …
The price of Bitcoin has fallen in trade; Since cryptocurrency reached its lowest point in the summer. The downward trend in Bitcoin and other cryptocurrencies dates back to November when BTC hit a record high and retreated. At this point, the largest cryptocurrency with market capitalization managed to maintain a positive outlook until Monday. On global exchanges, …
Bitcoin Returns to $36K – the End of a Tense Week Read More »
BTC and altcoins: Sales pressure in the global crypto market showed no signs of stopping; The total market capitalization of the cryptocurrency fell to $1.51 trillion on January 22. It is worth noting that it was $2 trillion last week. The price of Bitcoin fell to 35 thousand dollars. Ethereum dropped to $2300 from the $40K and $3K …
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