Tag: BTC

November 10, 2023

News of BlackRock registering the iShares Ethereum Trust increased expectations that the asset manager may eventually apply for an Ether spot exchange-traded fund. This is a positive sign as it shows that BlackRock’s cryptocurrency aspirations are not limited to Bitcoin. […]

November 2, 2023

The bullish momentum that propelled Bitcoin BTC tickers down $34,528 to a 27.9% “Uptober” gain is waning on Nov. 2 as BTC lost 2% in intraday trading. Bitcoin price seemingly is overheated with BTC derivatives providing worry, even after markets […]

October 11, 2023

Buyers are finding it difficult to maintain Bitcoin price above $27,000. The selling increased after the September producer price index rose 0.5% for the month versus expectations for a 0.3% increase. This shows that the inflation pressures are unlikely to […]

August 29, 2023

Bitcoin neared two-week highs on Aug. 29 as news hit that digital asset manager Grayscale had won a lawsuit against United States regulators. SEC was “arbitrary and capricious” with Bitcoin ETF rejection Data from Cointelegraph Markets Pro and TradingView captured […]

August 22, 2023

Fundstrat Global Advisors managing partner Tom Lee says one catalyst could spur Bitcoin (BTC) to hit a six-figure price. In a new CNBC interview, Lee says that demand for Bitcoin could skyrocket if and when a spot Bitcoin exchange-traded fund […]

July 17, 2023

Blockchain analytics platform Santiment says that deep-pocketed investors are scooping up a massive amount of one crypto asset as Bitcoin’s (BTC) price hovers. Santiment says that crypto sharks and whales are keeping a close eye on Bitcoin’s price action in […]

June 29, 2023

Bitcoin aborted a fresh attempt to reach $31,000 on June 29, while traders waited for bulls to succeed. BTC price “primed to launch” Data from Cointelegraph Markets Pro and TradingView showed BTC price action refusing to leave its short-timeframe trading […]

June 13, 2023

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD attempting to reclaim $26,000 support after the daily close. The pair had seen a curiously uneventful start to the week despite ongoing fallout from United States legal action and markets preparing […]

May 24, 2023

A declining correlation between bitcoin (BTC) and equities is rejuvenating the case for investors to include the asset in a more diversified portfolio, crypto market research firm K33 noted in a report. BTC’s 30-day price correlation with the tech-heavy NASDAQ […]

May 16, 2023

If you want to grow your wealth in the next few years without much capital, consider investing a small part of your portfolio in some high-risk, high-reward cryptos. If a project is practical enough, I could see some of these […]

May 4, 2023

Bitcoin (BTC) saw a sharp rally over the month, hitting a 12-month high around $31,000 on April 14th at the same time that Ether (ETH) was enjoying its post-Shapella surge. According to Anthony Georgiades, co-founder of Pastel Network and General […]

May 1, 2023

Bitcoin saw considerable volatility between April 25 and May 1, ranging between $27,200 and $30,000. From a trading perspective, the 10.5% move sounds alarming, resulting in $340 million in leveraged BTC futures contract liquidations. However, from a broader angle, the […]

April 24, 2023

Bitcoin price struggles to hold above $27,000 as the second daily trading session in the red leaves investors concerned about deeper corrections. BTC is trading at $27,391, 9.92% below last week’s opening at $29,250 and 1.04% down in the last […]

April 10, 2023

Bitcoin (BTC) was back above $28,000 to start the week, as market sentiment shifted towards the bulls following the Easter break. BTC/USD rose to a high of $28,532.83 earlier in today’s session, after trading at a low of $27,828.48 the […]

April 5, 2023

Microstrategy has begun acquiring bitcoin (BTC) again, after purchasing 6,455 bitcoins for $150 million on March 27. On April 5, the firm’s CEO announced that it had acquired an additional 1,045 bitcoins, bringing the company’s total holdings to 140,000 BTC. […]

March 27, 2023

Bitcoin Bitcoin (BTC) started the week trading marginally higher, with prices hovering near the $28,000 level. Following a bottom at $27,678.15 on Sunday, BTC/USD moved to a high of $28,178.14 earlier in today’s session. The move saw bitcoin edge towards […]

March 13, 2023

Bitcoin (BTC) rose back above $22,000 on Monday, as the U.S. Treasury confirmed it will backstop depositors’ funds. This will be for both Silicon Valley Bank and Signature Bank, which become the second and third biggest banking failures in U.S. […]

March 6, 2023

Bitcoin (BTC) started the week in consolidation, ahead of a key week of economic data from the United States. Following a high of $22,497.00 on Sunday, BTC/USD slipped to an intraday low of $22,331.31 earlier in the session. As a […]

February 24, 2023

Bitcoin Bitcoin (BTC) was once again trading below $24,000 on Friday, as markets began to anticipate the release of U.S. consumer sentiment data. BTC/USD fell to an intraday low of $23,693.92 earlier in today’s session, less than 24 hours after […]

February 23, 2023

Bitcoin Bitcoin (BTC) moved back above $24,000 on Thursday, as cryptocurrency markets rebounded following the latest FOMC minutes. Following a low of $23,644.32 on Wednesday, BTC/USD surged to an intraday high of $24,572.09 earlier in the day. As a result […]