As Bitcoin [BTC] moves above $20,000, has the king token decided to make a slow recovery this time around?
Bitcoin [BTC] has once again become the talk of the town especially after its latest recovery in the crypto market. After going below $18k, there was speculation of a further dip in BTC prices.
Why Pain May Not Be Over For Bitcoin Holders Just Yet
Past trend of the Bitcoin long-term holder SOPR (EMA 30) may suggest that BTC holders may face more pain in the coming months. Bitcoin Long-Term Holder SOPR Has Dropped Below “One” Recently As explained by an analyst in a CryptoQuant post, BTC investors may be in for a frustrating few months if history is anything to go by.
Hublot Swiss Watchmaker Starts Accepting Bitcoin Payments
The luxury Hublot swiss watchmaker and Prague's Tram Line 42 are some of the latest entities that embraced digital assets as a means of payment as we are reading more today in our latest Bitcoin news. the Hublot Swiss watchmaker allows customers to buy certain limited products in crypto by partnering with the BTC provider […]
BTC Hovers Near $21K With Investors Avoiding Another Weekend Slump
BTC hovers near $21K with the investors avoiding another weekend slump and now analysts wonder whether the cryptocurrency will be able to remain at a higher threshold so let's read more today in our Bitcoin latest news. The biggest crypto by market cap was trading at $21,030 or up by 3% over the past day […]
Gemini Sued Over Allegedly Misleading BTC Derivatives Data
The Commodity Futures Trading Commission (CFTC) has announced a new lawsuit against the Gemini Exchange in New York. The agency is accusing the crypto platform of providing misleading information so it could obtain permission to launch the first U.S.-based bitcoin futures contract.
ECB's Christine Lagarde Proposes A MiCA 2.0 To Cover Bitcoin, Staking, And Lending
President of the European Central Bank, Christine Lagarde, speaking with the European Parliament on Monday, has called on Lawmakers to start working on fresh crypto regulations to cover DeFi and Bitcoin as she fears that crypto will eventually grow to the point where it becomes a financial stability risk. While congratulating the parliament on its […]
BTC/USD Extends Gradual Recovery: Sally Ho's Technical Analysis 27 June 2022 BTC
Bitcoin (BTC/USD) added to recent upside progress early in the Asian session as the pair orbited the 21500 level after bids emerged around the 20900 level, a move that represented a test of the 23.6% retracement of the depreciating range from 31549.21 to 17567.45. The 21672.83 area represents an area of technical resistance and potential selling pressure, right around the 38.2% retracement of the narrower depreciating range from 28314.52 to 17567.45.
Markets Week Ahead: Nasdaq 100, US Dollar, BTC/USD, Crude Oil, PCE Data, Growth Woes
The Nasdaq 100 soared as the US Dollar weakened alongside Treasury yields and Bitcoin stabilized amid early hope that US inflation might be peaking. Crude oil prices retreated amid rising growth wo...