Over the weekend, Bitcoin‘s trading volume surpassed $10 billion, reflecting its robust activity in the market. The cryptocurrency experienced a modest gain of nearly 1.50% on Sunday, with its price reaching $35,228. The rise in Bitcoin’s value accompanies positive endorsements from industry leaders. Fidelity’s director praised Bitcoin as a modern equivalent of gold with […]
Technical Analysis By Edris Bitcoin’s price has recently surged above the key $30K resistance level, following a rebound from the $25K support zone. However, a correction seems probable in the short term. The Daily Chart On the daily chart, the price has broken through the $30K resistance level and has aggressively rallied toward the $35K
Bitcoin ‘s tenacious battle against the $36,000 resistance mark has captured the attention of investors and analysts alike, with the cryptocurrency exhibiting marginal gains of 0.02% to position itself at $34,730 on Saturday. This comes amidst a broader regulatory sweep, as U.S. authorities set their sights on executives within the cryptocurrency domain, signaling a tightening
Bitcoin Price Prediction as BTC Challenges $36,000 Resistance: Is a Breakout Imminent? Read More »
The 15th anniversary of the Bitcoin whitepaper marks a significant milestone in the crypto arena. The anniversary is a pivotal moment in the history of cryptocurrency and a tribute to the brilliance of Satoshi Nakamoto’s vision, which continues to influence and shape the financial world. While the original Bitcoin whitepaper laid the foundation for this
Europe’s leading Bitcoin miner and data cloud provider – Northern Data – announced securing EUR 575 million (worth over $609 million) debt financing facility from stablecoin issuer, Tether after entering into a loan agreement. The facility, operating under standard market conditions, is unsecured and set to mature on January 1, 2030, and is expected to
Bitcoin Miner Northern Data Secures $609 Million Debt Financing Facility from Tether Read More »
Data from previous crypto market cycles suggests that Bitcoin (BTC)’s dominance over altcoins will likely keep rising over the next several months, according to Glassnode. In a newly published report, the blockchain and market intelligence outlined how the leading crypto asset’s dominance is shaping up against the second largest crypto, Ethereum (ETH), compared to previous
Bitcoin Dominance Is Still In Its Expansion Phase: Glassnode Read More »
TL;DR Botev Plovdiv Embraces Bitcoin: Bulgaria’s oldest football club, Botev Plovdiv, has integrated Bitcoin as a payment option for fan shops and in-stadium purchases, with plans to include ticket purchases soon. To promote its adoption, BTC transactions in November come with a 10% discount. Botev’s Prominence in Bulgaria: Botev, based in Plovdiv—one of Europe’s oldest
Bitcoin (BTC) Embraced as a Payment Method by This Bulgarian Football Team: Details Read More »
In 2023, Bitcoin has delivered remarkable gains, surpassing the initial recovery phase and resuming an upward trajectory. The crypto-asset’s price has been hovering a little over $34,000 as it continues to ride on the coattails of spot ETF hype. But it is approaching the overheating zone, something that investors should pay attention to. According to
Is the Bitcoin (BTC) Price Rally in Danger? Ominous Overheating Signal to Watch Read More »
Bitcoin Logo The Bitcoin (BTC) bulls have regained control to push the price of the world’s largest cryptocurrency by market capitalization back above $35,000, following a volatile trading session packed with important macro risk events, including the latest policy announcement from the US Federal Reserve. The Fed delivered no surprises when opting to hold interest
Bitcoin Blasts Back Above $35,000 as Bulls Regain Control After Fed Holds Interest Rates Read More »
According to the latest edition of CoinShares’ Digital Asset Fund Flows Weekly Report, digital asset investment products received a total of $326 million in inflows, marking the highest weekly influx since July 2022. The asset manager speculated that the rising optimism from investors that the US Securities and Exchange Commission would approve a spot-based Bitcoin
Bitcoin Dominates Institutional Inflows on the Back of Recent BTC Price Rally Read More »
