While the cryptocurrency market is still trying to recover from the carnage it went through over the previous week, some investment experts are bearish on its flagship digital asset – Bitcoin (BTC), p...
Category: Bitcoin
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Crypto analyst sets key levels to break for Bitcoin to run above $24,000
After extended losses, Bitcoin has recorded minor gains above $20,000, but the market is still monitoring the asset for the next lifeline. According to on-chain data analysis, crypto trading expert A...
Is El Salvador about to buy the Bitcoin dip again?
Despite what is becoming the worst melt-down in bitcoin’s history, and his country facing larger and larger deficits, President Nayib Bukele has hinted that it might be a good time for El Salvador to ...
Crypto Billionaire Mike Novogratz Says Bitcoin Will Lead Market Recovery When One Policy Is Reversed
Galaxy Digital founder and CEO Mike Novogratz is optimistic Bitcoin (BTC) will lead the markets to recovery once a key policy decision is reversed. Novogratz says in a CNBC interview that once the Fed...
BTC Price Falling By 20%, How Smart Traders Gain the ROI of Over 1000%
So far on June 10, the entire crypto market is once again in the red, with the crypto market cap falling to $1.1 trillion. The Fear and Greed index of the cryptos has now entered high fear area by mar...
Bitcoin Slips 10% to Test $20,000, Ethereum Down 15%
Bitcoin continued its slide overnight, with the leading cryptocurrency by market cap slipping to a new 52-week low of $20,184, according to data from CoinMarketCap. The top cryptocurrency has lost a t...
Bitcoin, Ethereum, Binance Coin price analyses
Bitcoin Analysis Bitcoin’s price lost value for an eighth consecutive day on Tuesday and concluded its daily session -$315. The first chart we’re looking at today is the BTC/USD 1W chart below from...
Bank of Kyrgyzstan Issues Warning About Cryptocurrencies, Crypto Payments – Regulation Bitcoin News
Amid the growing popularity of cryptocurrencies in Kyrgyzstan, the country’s central bank has reminded citizens about the risks associated with the digital assets. The monetary authority also warned t...
Bitcoin At $20K Could Be ‘New Bottom,’ Commodity Expert Suggests, And Here’s Why
Bitcoin has been increasingly in a shaky state and has dropped by as much as 50% compared to its previous all-time high. All eyes are on the crypto alpha dog, watching its next price movements. On th...
Bloomberg’s Senior Analyst Suggests $20k Is New $5K For Bitcoin As A Bottom
– Advertisement – A top analyst at Bloomberg compares today’s $20k Bitcoin to the previous $5k value as a bottom. Bitcoin is currently struggling to beat back the bears after a sharp p...
Biggest Bitcoin Whale in Existence in Accumulation Mode, Stockpiles $20,900,000 in BTC
The biggest non-exchange Bitcoin (BTC) whale in the world is buying up BTC in June despite bearish price movement. According to BitInfoCharts, the whale has increased its net holdings by 927 Bitcoin t...
What Happens if Bitcoin Falls Below $20,000?
As bearish sentiment floods financial markets, experts are weighing in on whether Bitcoin will plunge below the $20,000 mark—and what might happen if it does. Bitcoin, now firmly in a bear market, is ...
Bitcoin May Be Cheaper Than It Looks, Says Jurrien Timmer from Fidelity
Timmer revealed how technically oversold Bitcoin is, stating that Glassnode’s dormancy flow indicator is now at levels not seen since 2011. Jurrien Timmer, director of global macro at Fidelity Investm...
“Bitcoin’s Correlation With The S&P 500 Reached” ATH, Opportunity Knocks
This counterintuitive thinking by ARK Investment is the reason why we subscribe to their “The Bitcoin Monthly” report. While everybody complains about bitcoin’s dance in unison with the stock market,...
Bitcoin May Be Cheaper Than it Looks, says Fidelity
Jurrien Timmer – the Director of Global Macro at Fidelity – recently claimed that Bitcoin may be “cheaper than it looks.” An analysis of certain on-chain data metrics suggests that the coin’s true val...
MicroStrategy CEO Says Now is an Ideal Time to Buy Bitcoin
Following the current market turmoil, business intelligence firm MicroStrategy is currently sitting on an unrealized loss of over $1 billion on its Bitcoin investment. However, MicroStrategy CEO Micha...
Bitcoin Dips, Recovers As Fed Unleashes Biggest Rate Bump In 28 Years
The Federal Reserve of the United States increased interest rates by 0.75 percent on Thursday, the single biggest increase in three decades. However, the central bank has indicated that additional inc...
Bitcoin And Ethereum Show Early Signs Of Recovery, Is This The Bottom?
The crypto market is showing early signs of recovery as the major cryptocurrencies have rebounded from critical support levels. Bitcoin (BTC) and Ethereum (ETH) have bounced near the $20,000 and $1000...
I’ve Stayed Away From Bitcoin at All Costs – Featured Bitcoin News
The billionaire founder and chairman of Equity Group Investments, Sam Zell, says he is staying away from bitcoin at all costs. He explained that he does not understand the cryptocurrency and believes ...
Bitcoin and Lightning Network can save DeFi from adversity: MicroStrategy CEO
In light of the recent fragility in the decentralized finance (DeFi) sector, Bitcoin (BTC) maximalist and MicroStrategy CEO Michael Saylor feels that Bitcoin and the Lightning network can come to the ...
There’s a Telegram for People to Scream Over the Bitcoin Crash
With Bitcoin down 30% in the past week, some crypto traders have taken to Telegram to “voice” their feelings. In the “Bear Market Screaming Therapy Group” on Telegram, members are only allowed to post...
MicroStrategy stick to their guns on Bitcoin
Bitcoin fell below that level to $20,816.36 MicroStrategy has 115,109 BTC that it can put up as additional collateral The company had about US$2.2 billion in total debt MicroStrategy CEO Michael Saylo...
Bitcoin Volatility Skyrockets as Fed Announces 75 Basis Point Rate Hike
It gets crazier: Bitcoin fluctuated massively on Wednesday after the Federal Reserve announced an interest rate hike of 75 basis points. That’s the highest hike the central bank has attempted since 19...
Bitcoin Amidst Relentless Sell Off; Is It Targeting $13,000 Now?
Bitcoin has been on a continued downfall after losing close to 33% over the last seven days. In the last 24 hours, BTC lost close to 6% and was moving towards its next support level. There has been im...
Bitcoin, Ethereum, Axie Infinity, and Zcash Daily Price Analyses – 15 June Roundup
The global crypto market has seen an alternation of gains and losses over the last few days. In comparison to other days, the losses for Bitcoin and Ethereum increased tremendously. Now, the changing ...
As Inflation Skyrockets, MicroStrategy CEO Saylor Asserts Bitcoin Hasn’t Reached Its Top In This Cycle ⋆ ZyCrypto
Advertisement     Chairman & CEO of MicroStrategy (MSTR), a publicly-traded business intelligence firm, Michael Saylor recently took to Twitter to assert that infl...
Crypto Is 100% Based on Greater Fool Theory — ‘I’m Not Involved in That’ – Featured Bitcoin News
Microsoft co-founder Bill Gates says crypto is an asset class that is 100% based on the Greater Fool Theory. The billionaire also mocked Bored Ape NFTs, stating: “Obviously, expensive digital images o...
MicroStrategy’s Saylor Shrugs Off Margin Call Concerns as Bitcoin Dips to $21,000
Early last month, MicroStrategy CTO Phong Lee reassured concerned shareholders that the biggest Bitcoin holder among publicly traded companies had nothing to worry about as another Crypto Winter appro...
Microstrategy Debunks Margin Call Rumor — Says Bitcoin Liquidation Unnecessary Even if BTC Falls Below $3,562 – Featured Bitcoin News
The CEO of the Nasdaq-listed software company Microstrategy has debunked the rumor that his company is facing a margin call for a bitcoin-backed loan and will be forced to sell some coins. If the pric...
Double-Digits Losses Are The Order Of The Day As Bitcoin Declines To $20,000
The crypto market crash has sent Bitcoin spiraling to $20,000. The pioneer cryptocurrency has in turn taken the market down with it, triggering massive losses. All digital assets in the market have no...
Bitcoin is the ‘Amazon of crypto’ and everything else are bets, says Blocktower founder
Ari Paul, founder of blockchain investment firm Blocktower Capital, weighed in on the bear market, comparing the situation to the tech crash back in the year 2000. Paul likens Bitcoin (BTC) to Amazon,...