Coinbase Pro is a major bellwether for institutional demand. Now, data from CryptoQuant indicates that short-term selling pressure on Coinbase is mounting. Source link
Read More »TA: Bitcoin Dips $2K, Why BTC Could Bounce Back From $45K
Bitcoin price extended its upward move towards $49,700 before correcting lower against the US Dollar. BTC dipped more than $2,000, but it is likely to remain stable above $45,000. Bitcoin started a sharp downside correction after setting a new all-time high near $49,700. The price is trading above the $46,000 …
Read More »El Español Says Spanish Authorities Joint Statement Is a Warning to Companies in the Wake of Tesla’s BTC Buy
The Spanish financial markets watchdog and the country’s central bank criticized — again — cryptocurrencies as an investment asset. The entities issued a joint statement warning about the high risks the cryptocurrency market poses. Document: Crypto Adoption as a Payment Means ‘Is Still Limited’ Per the paper, the Bank of …
Read More »Twitter Stock Jumps 20% Following Reports the Company Is Weighing the Possibility of Adding BTC
Buoyed by reports that Twitter has been studying the possibility of adding bitcoin to its balance sheet, the company’s stock surged to a new 52-week high of $73.18 on Feb. 12. Before the surge, the stock had been trading at just under $60 on Feb. 9. At the time of …
Read More »South Korean Court Orders Bithumb to Compensate Users for an Accidental BTC Withdrawal Case in 2018
A South Korean court ordered one of the biggest domestic crypto exchanges to compensate victims of an “accidental withdrawal” incident in 2018. Bithumb has been ordered to pay customers who withdrew their bitcoin funds to an unknown wallet. Funds Ended Up in a Wallet With an Unknown Owner According to …
Read More »Key Bitcoin price metric signals traders are positioned for $50K BTC
A key Bitcoin price metric is signaling that top traders are comfortably positioned and expect BTC to secure the $50,000 level in the short term. Source link
Read More »Law Decoded: Of ICBMs, BTC and ETFs, Feb. 5–12
Exploring where national security meets securities offerings in this week’s crypto news. Source link
Read More »Jack Dorsey and Jay-Z to set up 500 BTC blind Bitcoin trust in India, Africa
Just hours after an anonymous source claimed India would issue a blanket ban on all cryptocurrencies, Jack Dorsey and Jay-Z announced a 500 Bitcoin development trust. Source link
Read More »Forget 2021, Here’s How High Bitcoin Price Can Go By 2026
Bitcoin is the talk of financial media, and has even spilled into the mainstream. Celebrities, CEOs, and just about anyone with a voice box is talking about crypto and speculating just how high Bitcoin could go this year. And while the bull market has potential to run much higher throughout …
Read More »It’s “Only Up” Season for Bitcoin as BNY Melon News Sends BTC to New Highs
Bitcoin has been caught in one of the strong uptrends seen since its parabolic rally first began in late-2020 The cryptocurrency has been seeing tremendous growth as of late that has come about primarily as a result of multiple signs of mainstream adoption Examples of this include Tesla’s decision to …
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