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Bitcoin (BTC) returned to $46,000 after a brief consolidation on Tuesday amid continued surprise at the strength of BTC’s price comeback. 3 days to Bitcoin golden cross Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hovering around the $46,000 mark o Tuesday. The pair had spent the night ranging […]
» Read more Bitcoin (BTC) proponents continue to poke fun at gold bugs as the precious metal’s 10-year returns flip negative. As of Tuesday, fresh data shows tha XAU/USD traded 3.7% lower than it did on the same day in 2011. Gold fails to impress — On any timeframe It’s been a bad […]
» Read more Bitcoin’s (BTC) recovery from $29,482.61 on July 21 has continued to surpass one resistance after another. Today, Bitcoin has risen above the 200-day simple moving average, an indicator watched by institutional investors to determine whether the asset is bullish or bearish. A positive sign about today’s rally has been that […]
» Read more Luxembourg-based Blocktrade has become the latest cryptocurrency exchange to receive major backing from venture capitalists, offering further evidence that digital asset startups are becoming a prime target for investment funds. Private investors across 33 countries participated in the $25.8 million, or 22 million euros, Series A round, Blocktrade announced early […]
» Read more Cryptocurrency is a new technology that has entered the common discourse, setting the stage for a complete upheaval of our long-established financial systems. Of course, some skepticism is unavoidable. Crypto’s association with criminality adds to this shared sense of skepticism. There is no denying that cryptocurrency has and continues to […]
» Read more A new cryptocurrency-related bill in Ukraine will allow payments in cryptocurrencies like Bitcoin (BTC) despite not recognizing crypto as legal tender, a government official claimed. Deputy minister of Ukraine’s Ministry of Digital Transformation Oleksandr Bornyakov is confident that it would be “quite legal to pay with cryptocurrencies” in Ukraine through […]
» Read more With more than one amendment proposed to the United States infrastructure plan that would modify a provision on cryptocurrencies, some figures in the space are going against the one with White House support. Digital rights advocacy group Fight for the Future said today it would not support the amendment crafted […]
» Read more On Wednesday, several United States senators proposed an amendment to an infrastructure bill that would clarify language concerning crypto. Even though that proposal seemingly has the support of the White House, U.S. Treasury Secretary Janet Yellen has reportedly come out against the measure. According to a Friday report from the […]
» Read more A crossover between two Bitcoin (BTC) moving averages that appeared before the 2020 price boom is hinting at making a return in 2021, just as the flagship cryptocurrency eyes a bullish breakout from its current $30,000-$40,000 trading range. The indicators in focus are the MACD Line and Signal Line. MACD […]
» Read more Despite the recent breakouts to the $40,000 level, Bitcoin’s (BTC) price could still face downward pressure in August. The 42% rally in late July effectively inspired some optimistic short-term options bets, but the initial data largely favors the neutral-to-bullish call options, and failure to sustain $40,000 has significantly reduced this […]
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