Category: Bitcoin

Bitcoin (BTC) edged closer to the significant $30,000 support on June 8 amid predictions that a major crypto correction was imminent. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bulls line up to protect $30,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD making repeated lower lows on short timeframes during June 8. A previous dip

The policy editor at Forbes, Avik Roy, thinks El Salvador could become a popular destination for U.S. emigrants thanks to the announcement of its trailblazing Bitcoin policies. El Salvador President Nayib Bukele recently unveiled his plans to introduce legislation that would recognize Bitcoin as a legally accepted currency in the country alongside the US dollar.

Former Goldman Sachs executive Raoul Pal says Bitcoin is currently trading at a highly critical juncture weeks after the leading crypto asset plunged to a yearly low of $30,681. In a new tweet, the macro guru tells his 552,700 followers that BTC is flashing signals indicating that a reversal is on the horizon. According to

Jesse Powell, CEO of crypto exchange Kraken, is doubling down on his huge year-end price prediction for Bitcoin despite the deep pullback that saw BTC losing over 50% of its value from the all-time high. In an interview with Bloomberg, the Kraken chief says he stands by his previous statements that by the end of

Earlier this week, a Bank of America survey found that American hedge fund managers favor Bitcoin (BTC) over tech, but Goldman Sachs’ poll with the Asian chief investment officers tells a different story. Goldman Sach Global Investment Research published a new survey polling 25 chief investment officers from different hedge funds. The results show that

Popular on-chain data analyst William Clemente is unveiling what he sees happening behind the scenes as Bitcoin and the broader crypto markets correct. In the last 24 hours, Bitcoin (BTC) has continued to flash signs of weakness as it trades at $32,793, down nearly 10% at time of writing. Ethereum is following Bitcoin’s lead as

Bitcoin (BTC) traded worryingly near $30,000 support on June 8 amid fresh predictions of incoming lows. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price hints at “sub $30,000” move Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as the pair lost 9% overnight on Monday. No amount of good news was able to

One percent of Bitcoin’s circulating supply is currently tokenized as Wrapped BTC (WBTC), equating to nearly $6.2 billion worth of BTC.  The milestone was acknowledged by the product manager of crypto custody firm BitGo, Kia Mosayeri, who tweeted the news on June 7. BitGo is the custodian for the Wrapped Bitcoin protocol, which was launched

Bitcoin (BTC) bulls should brace for a potential onslaught from bears as the number of margined short positions on Bitfinex jumps by a little over 378%. Known to most by the ticker BTCUSD Shorts, the dataset records the number of bearish positions in the Bitcoin market. In simple terms, traders borrow funds from Bitfinex —

Crypto analyst and influencer Tyler Swope is issuing his thoughts on the latest Bitcoin crash and when the turbulent price action will end. In his latest strategy session, Swope tells his 250,000 YouTube subscribers that Bitcoin will likely set up one last bear trap before resuming its upward trajectory.   The flagship cryptocurrency is struggling