Bitcoin (BTC) took liquidity both up and down on Aug. 22 as analysis said crypto markets are “looking ripe for a short squeeze.” BTC/USD 1-hour chart. Source: TradingView Key BTC price hurdles crystallize Data from … Bitcoin ‘ripe for short squeeze’ as bulls pressure $62K BTC price wallRead more
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Bitcoin price hits $61K, but investors still prefer stocks and bonds right now
Although Bitcoin (BTC) has gained 21% since it retested the sub-$50,000 level on Aug. 5, its price has struggled to maintain above $62,000. Meanwhile, the S&P 500 index has fully recovered and is now trading … Bitcoin price hits $61K, but investors still prefer stocks and bonds right nowRead more
German BaFin regulator cracks down on crypto ATMs
Germany’s Federal Financial Supervisory Authority (BaFin) has launched a crackdown on crypto ATMs and seized 13 of these automated cash kiosks from 35 locations, the government regulator announced on Aug. 20. The German financial regulator … German BaFin regulator cracks down on crypto ATMsRead more
Metaplanet secures 1B yen loan to buy more Bitcoin
Japanese investment firm Metaplanet has just resolved to secure a $6.8 million loan (1 billion Japanese yen) from one of its shareholders to buy more Bitcoin. The loan from MMXX Ventures — a Metaplanet shareholder … Metaplanet secures 1B yen loan to buy more BitcoinRead more
India has no plans to regulate crypto sales and purchases
The Indian government revealed no immediate plans to regulate the sales and purchase of cryptocurrencies as it continues to tighten oversight on crypto-related money laundering and terror financing. During a parliamentary meeting on Aug. 5, … India has no plans to regulate crypto sales and purchasesRead more
Bitcoin falls into demand zone — Will SOL, XRP, KAS and AAVE follow?
Bitcoin (BTC) is in a free fall, breaking below the psychological $60,000 support on Aug. 4. Bitcoin came under intense selling pressure this week as traders reduced risk following the roughly 6% plunge in the … Bitcoin falls into demand zone — Will SOL, XRP, KAS and AAVE follow?Read more
BTC price slumps to $62K as Bitcoin bulls bet on M2 money supply
Bitcoin (BTC) sought to reclaim $62,000 on Aug. 3 as markets inched higher after a fresh liquidation cascade. BTC/USD 4-hour chart. Source: TradingView BTC price tests $60,000 in stocks sell-off Data showed a 3% BTC price … BTC price slumps to $62K as Bitcoin bulls bet on M2 money supplyRead more
Trump floats paying off $35T national debt using Bitcoin
Former President Donald Trump recently proposed using Bitcoin (BTC) or a “crypto check” to pay off the United States government’s staggering $35 trillion national debt and avert a looming debt crisis In an interview with Maria … Trump floats paying off $35T national debt using BitcoinRead more
$35T US national debt could bolster Bitcoin’s adoption as ‘hard money’
The growing national debt of the world’s largest economy, the United States, could catalyze mass Bitcoin adoption, according to analysts. On July 30, the US federal government’s national debt surpassed $35 trillion for the first … $35T US national debt could bolster Bitcoin’s adoption as ‘hard money’Read more
Crypto market faces structural weakness: Binance report
The cryptocurrency market has experienced considerable turbulence over the past few months. Despite a recent upturn, the market capitalization is still down 14% from its peak in March. According to a Binance Research report, June … Crypto market faces structural weakness: Binance reportRead more
Bitcoin speculators hodl 2.8M BTC in ‘worst performing’ price cycle
Bitcoin long-term holders are refusing to sell in the current BTC price cycle’s “deepest correction.” In the latest edition of its weekly newsletter, The Week Onchain, crypto analytics firm Glassnode delivered good news on Bitcoin … Bitcoin speculators hodl 2.8M BTC in ‘worst performing’ price cycleRead more
Price analysis: SPX, DXY, BTC, ETH, SOL, TON, DOGE…
The S&P 500 Index (SPX) rose about 2% last week to hit a new lifetime high, while Bitcoin (BTC) collapsed 11% during the same period to hit its lowest weekly close in four months. This … Price analysis: SPX, DXY, BTC, ETH, SOL, TON, DOGE…Read more
BitRush — Review
This is SCAM project already! Do not invest there anymore! BitRush is something new to me and may be a foretelling of the future. They do all their business in Bitcoins! Deposits, withdrawals, everything. So, unless … BitRush — ReviewRead more