Category: Bitcoin

Bitcoin (BTC) kept traders guessing later on Aug. 18 as one forecast said that a $40,000 dip would be the “most obvious” next move. BTC/USD 1-hour candle chart. Source: TradingView.com $37,000 is last chance saloon for BTC Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it ranged around the $45,000 mark on Wednesday,

Billionaire investor and Shark Tank veteran Kevin O’ Leary thinks investors are warming up to Bitcoin as digital property. In an interview on the Best Business Show with Bitcoin bull Anthony Pompliano, O’Leary contends that big investors and institutions are starting to treat Bitcoin more like prime real estate in Manhattan rather than a currency

The football ecosystem has stepped up its adoption game as more clubs continue to involve crypto in mainstream operations.  Netherland-based top-tier football club PSV Eindhoven has partnered with local crypto trading platform Anycoin Direct, which will pay the club an undisclosed amount of Bitcoin (BTC) in a new sponsorship deal. According to the official statement,

Vietnam, India and Pakistan are leading the world in terms of cryptocurrency adoption, underscoring the resilience of peer-to-peer monetary systems in emerging economies. Chainalysis’ 2021 Global Crypto Adoption Index evaluated 154 countries based on three key metrics: on-chain cryptocurrency value received, on-chain retail value transferred and peer-to-peer exchange trade volume. Each metric was weighted by

Crypto asset management firm CoinShares says that institutional investors are taking an interest in Cardano (ADA) as the broader crypto markets show signs of recovery. In a new weekly report, CoinShares says that the Ethereum competitor registered inflows worth $1.3 million in the past week. Year-to-date, Cardano has witnessed institutional investments amounting to $28 million.

Bitcoin (BTC) fell to test $44,000 on Aug. 18 with traders still bullish on new all-time highs. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Eyes on $42,000 for higher low Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting local lows of $44,215 on Bitstamp overnight. A continuation of consolidation seen on Tuesday, the

A prominent crypto analyst and trader who called the Bitcoin crash in May says that BTC could be on the verge of entering the next phase of its bear market. The pseudonymous crypto strategist, known in the industry as Dave the Wave, tells his 71,900 Twitter followers that he sees a significant Bitcoin correction on

Fidelity’s plan to corner the cryptocurrency market appears to be more ambitious than previously imagined, as the asset manager looks to provide more institutional pathways to digital assets.  In a recent interview with the Boston Globe, Chrstine Sandler, the head of sales and marketing for Fidelity Digital Assets, said institutional interest in crypto is growing.

Bitcoin’s (BTC) 65% recovery from sub $29,500 on July 20 to a swing high at $48,200 on Aug. 14 took less than a month and helped bring fresh bullish momentum back to the crypto market and traders who were dreading the prospect of another prolon bear market. Currently, the BTC rally has stalled out near

Credit rating agency Fitch Ratings thinks that El Salvador’s insurance firms will be on thin ice when the country adopts Bitcoin. Fitch, one of the “Big 3” credit rating agencies, argues that exposure to the crypto asset’s volatile price action and operating risks could be a credit negative for El Salvador’s insurance companies.   “El