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Tag: Bitcoin


Invest tech, Markets

Bitcoin, Ethereum Technical Analysis: BTC Hits 1-Week Low, Bullish Sentiment Fades on Monday

February 6, 2023

Via: Bitcoin.com

Bitcoin Bitcoin (BTC) started the week falling to a seven-day low, as market sentiment began to shift downwards. BTC/USD has now fallen lower for five straight sessions, with today’s decline taking prices to a bottom of $22,734.48. This drop sees […]


Invest tech, Markets

Bitcoin, Ethereum Technical Analysis: BTC Falls From Recent High, Ahead of US Non-Farm Payrolls

February 3, 2023

Via: Bitcoin.com

Bitcoin Bitcoin (BTC) fell lower on Friday, as market volatility rose ahead of the latest U.S. non-farm payrolls (NFP) report. Following a high of $24,091.54 on Thursday, BTC/USD dropped to an intraday low of $23,390.38 earlier today. Friday’s fall comes […]


Invest tech, Markets

Bitcoin, Ethereum Technical Analysis: BTC Jumps to 6-Month High Above $24,000

February 2, 2023

Via: Bitcoin.com

Bitcoin Bitcoin (BTC) rose to a six-month high on Thursday, with prices climbing above $24,000 for the first time since August. The move came as the Federal Reserve opted to increase interest rates by 25 basis points in its latest […]


Blockchain, Crypto

Bitcoin spikes above $24K as Fed chair Powell talks of ‘disinflation’

February 1, 2023

Via: Cointelegraph

The price of Bitcoin broke through the $24,000 ceiling and the total crypto market cap jumped nearly 4% after United States Federal Reserve Chair Jerome Powell indicated that inflation had begun slowing down in the world’s largest economy. “We can […]


Blockchain, Crypto

Bitcoin, Ethereum Technical Analysis: ETH, BTC Marginally Higher Ahead of FOMC Meeting Results

February 1, 2023

Via: Bitcoin.com

Bitcoin (BTC) was back above $23,000 in today’s session, as traders turned their attention to this afternoon’s FOMC meeting. After recording a low of $22,874.43 on Tuesday, BTC/USD moved to an intraday high of $23,225.02 earlier today. Today’s move saw […]


Blockchain, Crypto

Bitcoin Beating US Government Bonds Is a Whole Vibe Shift in Markets

January 31, 2023

Via: Investing.com

Want to see what’s different in markets so far in 2023? Look no further than the performance of Bitcoin versus bonds. The cryptocurrency has surged almost 40% so far this year thanks to a general return of risk appetite and […]


Blockchain, Crypto

Tesla records $140M Bitcoin net loss in 2022

January 31, 2023

Via: Cointelegraph

According to a filing with the United States Securities and Exchange Commission on Jan. 31, electric vehicle manufacturer Tesla disclosed that it had recorded a $204-million gross impairment loss during 2022 on its Bitcoin holdings. Simultaneously, Tesla recorded a gain […]


Blockchain, Crypto

Bitcoin, Ethereum Technical Analysis: BTC, ETH Lower, Ahead of Key Week of US Economic Data

January 31, 2023

Via: Bitcoin.com

Bitcoin (BTC) retreated from a recent five-month high on Tuesday, with prices falling below the $23,000 mark in today’s session. BTC/USD fell to a low of $22,657.58 earlier in the day, less than 24 hours after hitting a high at […]


Blockchain, Crypto

Bitcoin price is up, but BTC mining stocks could remain vulnerable throughout 2023

January 30, 2023

Via: Cointelegraph

Bitcoin mining stocks usually follow BTC’s price because it directly influences company earnings. These stocks were beaten down heavily in the last quarter of 2022, especially in December. The downturn after FTX’s collapse worsened with the bankruptcy filing of the […]


Blockchain, Crypto

Arizona Senator Launches Bill to Make Bitcoin Legal Tender

January 27, 2023

Via: Bitcoin.com

Arizona Lawmaker Wants to Make Bitcoin Legal Tender Arizona State Senator Wendy Rogers has introduced several crypto-related bills, including one to make bitcoin legal tender in her state. “Launched my crypto bills today,” Rogers tweeted Tuesday. The bills are co-sponsored […]


Invest tech, Markets

Bitcoin, Ethereum Technical Analysis: BTC Back Above $23,000 Following Tesla Q4 Earnings Report

January 26, 2023

Via: Bitcoin.com

Bitcoin Bitcoin (BTC) moved to a fresh five-month high earlier in the session, as markets reacted to Tesla’s latest quarterly earnings report. The report, which was released after yesterday’s closing bell, showed that the electric vehicle maker did not sell […]


Invest tech, Trading

What is the Bitcoin Loophole, and how does it work?

January 24, 2023

Via: Cointelegraph

Bitcoin Loophole facilitates Bitcoin trading through automated crypto trading software. It uses trading bots to help users make financially sound decisions in the crypto markets to make large chunks of profits. Cryptocurrency trading has gone mainstream, with traders making large […]


Invest tech, Markets

Economist Peter Schiff Explains Why Bitcoin and Gold Are up This Year — ‘They’re Rising for Opposite Reasons’

January 24, 2023

Via: Bitcoin.com

Peter Schiff Explains Why Bitcoin and Gold Are Rising Gold bug and economist Peter Schiff has shared his view on why bitcoin and gold are going up this year. Schiff is the founder and current chairman of Schiffgold, a precious […]


Invest tech, Markets

Bitcoin, Ethereum Technical Analysis: BTC Remains Near $23,000 to Start the Week

January 23, 2023

Via: Bitcoin.com

Bitcoin Bitcoin (BTC) continued to trade near a five-month high to start the week, as sentiment in crypto markets remained bullish. Following a low of $22,387.90 on Sunday, BTC/USD hit an intraday peak of $23,056.73 earlier in today’s session. On […]


Invest tech, Markets

Bitcoin, Ethereum Technical Analysis: ETH, BTC Lower, US Retail Sales Slow

January 19, 2023

Via: Bitcoin.com

Bitcoin Bitcoin (BTC) dropped below the $21,000 mark on Thursday, as crypto markets fell following slowing U.S. retail sales figures. The decline saw BTC/USD hit an intraday low of $20,541.54 earlier in today’s session, fresh from a four-month high of […]


Invest tech, Markets

Will Bitcoin price crack $22K? Dollar weakness, Bank of Japan easing boost hopes

January 18, 2023

Via: Cointelegraph

Bitcoin faced a potentially volatile day on Jan. 18, with multiple macro triggers beginning to unsettle the outlook. BoJ refuses to hike Data from Cointelegraph Markets Pro and TradingView showed BTC/USD holding firm above $21,000 on the day. The pair […]


Invest tech, Markets, Trading

5 cryptocurrencies that could benefit from a positive CPI report

January 9, 2023

Via: Cointelegraph

Bitcoin has finally pushed above the $17,000 mark after rallying to $17,375 on Jan. 12, with both the bulls and the bears eyeing the Consumer Price Index (CPI) readout due on Jan. 12. If the print shows that inflation is […]


Invest tech, Markets

BTC price forms new support at $16.8K as Bitcoin lures ‘mega whales’

January 6, 2023

Via: Cointelegraph

Bitcoin could be busy forming fundamental support in its current tight trading range, the latest research suggests. In a tweet on Jan. 6, trading platform Trend Rider noticed that $16,800 is becoming an increasingly important BTC price support zone. Point […]


Invest tech, WealthTech

Why Bitcoin is the ultimate wealth preservation technology

January 5, 2023

Via: Fintech News

Evolutionary psychologists believe that the ability to preserve wealth gave modern humans the decisive edge in evolutionary competition with other humans. Nick Szabo included an interesting anecdote in his essay “Shelling Out: The Origins of Money.” When Homo sapiens sapiens […]


Invest tech, Markets

Bitcoin, Ethereum Technical Analysis: BTC Consolidates as FOMC Indicates Further Rate Hikes to Come

January 5, 2023

Via: Bitcoin.com

Bitcoin Bitcoin (BTC) mostly consolidated on Thursday, as price failed to break out of the key level of $17,000 yesterday. Following a high of $16,964.59 on hump day, BTC/USD slipped to an intraday low of $16,789.75 earlier in the session. […]