Mexican third-richest man Ricardo Salinas Pliego is holding Bitcoin for the next thirty years, as per comments in a recent interview. He further notes that his bank could start offering Bitcoin banking services to clients and stated that all fiat currencies ‘are a fraud.’ Here is a video of Mexico’s third wealthiest man explaining why he […]Read More
Ranging weekend for Bitcoin and Ethereum as ‘bearish’ inflows threaten market recovery Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Edge › Bitcoin · Ethereum › Analysis Bitcoin and Ethereum fell back down to lower supports followed by weekend volatility. Rohan Jethi · June 27, 2021 […]Read More
Bullish or bearish? Crypto analysts share their view for where the market could go from here | CryptoSlate Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Edge › Analysis After witnessing one of the most significant sell-offs in crypto history, the May 19 crash, most remain […]Read More
Veteran trader points out bearish ‘CME gap’ as Bitcoin, Ethereum take a hit Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Bitcoin · Ethereum › Analysis Crypto markets saw familiar downside on Friday, ahead of the weekend. Meanwhile, one trader pointed out an unfilled ‘gap’ in […]Read More
Bitcoin inched closer to its $61,711 all-time high price over the weekend amidst strong adoption and favorable sentiment for the world’s largest cryptocurrency by market cap. Booming Bitcoin and uptrending charts Several companies have dipped into the asset last year, with names like business analytics firm MicroStrategy and electric maker Tesla picking up billions of […]Read More
Bitcoin and the US dollar have stopped caring about their inverse correlation heading into 2021. The flagship cryptocurrency closed the first quarter more than 100 percent higher as more and more institutions became accustomed to its safe-haven characteristics. For instance, US carmaker Tesla revealed that it replaced $1.5 billion of its cash reserves with bitcoin, […]Read More
An overnight price correction in the Bitcoin market after the Federal Reserve Chairman Jerome Powell’s testimony paused midway as Elon Musk came to the rescue. You can now buy a Tesla with Bitcoin — Elon Musk (@elonmusk) March 24, 2021 The celebrated billionaire entrepreneur announced early Wednesday that his company Tesla now accepts Bitcoin as […]Read More
Bitcoin price is back in the mid-$50,000 range, after several rejections from resistance at above $60,000 per coin. A visit to support levels to test demand much lower might soon become a reality now that a technical indicator measuring momentum has flipped bearish for the first time since 2020. Here’s what this could mean for […]Read More
A widely traced technical indicator in the Bitcoin market is signaling bullish exhaustion as the cryptocurrency flirts with $60,000. The 14-day Relative Strength Indicator (RSI), which alters traders about Bitcoin’s oversold and overbought conditions, has formed lower highs so far in 2021, decoupling from the cryptocurrency’s relentless uptrend, which is forming higher highs as the […]Read More
Key Bitcoin Takeaways Bitcoin formed a bearish cross earlier this week as it underwent a major sell-off. But the cryptocurrency counterbalanced fears of a further downside correction after the Federal Reserve’s policy update. The US central bank announced that it would keep near-zero interest rates steady. Earlier this week, a death cross formed on the […]Read More
© 2020, cryptnewz.com
