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Date: 30-07-2021 06:03:52 PM
Record 57K BTC leave exchanges in one day, dropping Bitcoin reserves to pre-crash levels
Record 57K BTC leave exchanges in one day, dropping Bitcoin reserves to pre-crash levels Bitcoin (BTC) demanded a $40,000 resistance flip on Thursday as on-chain data revealed large withdrawals from exchanges. Exchange balances shed 57,000 BTC Data from TradingView showed BTC/USD rise to challenge the upper end of its...
Bitcoin struggles at $40K after ‘most confusing’ Jerome Powell press conference
Bitcoin struggles at $40K after ‘most confusing’ Jerome Powell press conference Bitcoin (BTC) rose above $40,000 on Thursday, a day after the Federal Reserve hinted that it was getting nearer to unwind its asset purchasing program that has boosted the United States’ economic recovery. The benchmark cryptocurrency approached $41,000...
Bitcoin traders express mixed emotions about what’s next for BTC price
Bitcoin traders express mixed emotions about what’s next for BTC price The rumor that Amazon would accept cryptocurrency payments sparked a wave of bullish enthusiasm across the crypto market earlier in the week but now this sentiment has begun to wane as Bitcoin (BTC) bulls face stiff resistance at...
MicroStrategy pledges to buy more BTC despite paper loss on its holdings of $424.8M in Q2
MicroStrategy pledges to buy more BTC despite paper loss on its holdings of $424.8M in Q2 Business intelligence and mobile software firm MicroStrategy has pledged to buy more Bitcoin despite reporting impairment losses of $424.8 million in Q2. This is only a paper loss however based on the price...
GBTC premium matches Bitcoin price crash levels as unlocking fear fades
GBTC premium matches Bitcoin price crash levels as unlocking fear fades The Grayscale Bitcoin Trust (GBTC) is echoing bullish sentiment in Bitcoin (BTC) as its premium over spot price rises to its highest since May. Data from analytics resource Bybt shows that on Tuesday, the so-called Grayscale...
Bitcoin price is returning to $40K — But will shorts have their revenge?
Bitcoin price is returning to $40K — But will shorts have their revenge? Bitcoin (BTC) returned to $40,000 on Wednesday as bulls and bears waged a tug-of-war for hard-won higher ground. “A lot can happen” from current BTC price levels Data from TradingView showed BTC/USD reaching...
Small-cap altcoins push higher as Bitcoin bulls fight to hold $40,000
Small-cap altcoins push higher as Bitcoin bulls fight to hold $40,000 Bitcoin’s (BTC) recent surge above $40,000 injected a healthy dose of bullish optimism into the crypto market and further proof of this comes from the Crypto Fear and Greed index which has decreased from ‘extreme’ to ‘neutral’....
Ethereum pares gains, Bitcoin pushed under $40K as the Fed is set to reveal tapering plans
Ethereum pares gains, Bitcoin pushed under $40K as the Fed is set to reveal tapering plans Ether (ETH) and Bitcoin (BTC) pulled back on Wednesday as investors awaited fresh guidance from the United States Federal Reserve (Fed). ETH price slipped by 0.57% to $2,857, while the BTC/USD...
BTC price burns bears en route to $40K: 5 things to watch in Bitcoin this week
BTC price burns bears en route to $40K: 5 things to watch in Bitcoin this week Bitcoin (BTC) is nearing $40,000 this Monday as a new week gets underway with a bang for bulls. A calm but confident weekend culminated in a dramatic run-up overnight Sunday, with BTC/USD swiftly...
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