Bitcoin

Bitcoin rockets past local resistances, but is this the start of a bull run?

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Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Bitcoin noted large gains over the past 48 hours as short-sellers faced massive liquidations With their liquidity dried up, it could be hard for BTC to push higher within the next few days Bitcoin …

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Charting Bitcoin and Ethereum’s path in the new bull market 

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BTC’s supply on exchanges dropped as its price went above $28,000. ETH’s price also surged by more than 9% last week, but a few indicators were bearish.  KuCoin, a popular crypto exchange, recently published its asset reserve certificate, revealing users’ Bitcoin [BTC] and Ethereum [ETH] holdings. The latest report pointed out a drop in the …

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ChatGPT expects Bitcoin to cross $30K within the next month

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Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. On 28 September, the delay of the approval of Blackrock’s Bitcoin [BTC] ETF application came to light. The U.S. Securities and Exchanges Commission (SEC) chair Gary Gensler cited that the approval was still under …

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Bitcoin accumulation on exchanges may not be a bullish sign, analyst warns

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Journalist Posted: September 26, 2023 Bitcoin accumulation on exchanges surged but analysts warned it may not guarantee a bullish trend. Traders turned optimistic towards BTC as Implied Volatility declined. In recent times, Bitcoin [BTC] accumulation on exchanges was on the upswing. This phenomenon, although often associated with bullish sentiment, comes with subtleties that traders should …

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The rise of Bitcoin Spark: A new era in the cryptocurrency marketplace

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Cryptocurrency is a term that has been on everyone’s lips for the past decade. This digital currency uses cryptography for security, making it nearly impossible to counterfeit. Cryptocurrency is decentralized, unlike traditional fiat currencies like the US Dollar or the Euro, which are controlled by central banks. The concept of cryptocurrency was introduced to the …

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Bitcoin holds on strong despite declining TradFi entities

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Bitcoin showed less correlation with stocks and dollar indices. Long-term holders’ conviction kept BTC steady. Over the last few months, Bitcoin [BTC] has wiggled in narrow trading ranges, with only substantial crypto-specific developments culminating in breakouts. Since the start of September, the king coin has oscillated between the highs of $25,000 and lows of $27,000, …

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Mt. Gox delays Bitcoin refunds, but is it really the end of BTC’s troubles?

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Journalist Posted: September 23, 2023 Gox Bitcoin custodians to delay issuance by an extra year. BTC volumes have dipped in the last seven months as a result of low liquidity. Earlier this year, the custodians of the Mt. Gox Bitcoin announced that they were working toward Bitcoin payouts to creditors of the collapsed exchange. Those …

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Bitcoin Cash: Are BCH bulls about to lose $210 to the bears

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Journalist Posted: September 21, 2023 Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. BCH struggled to defend the $210 level after facing rejection at $220. The long-term trend was still positive, but demand dropped.  Despite Bitcoin Cash [BCH] bulls defending $210, sellers …

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