Category: Bitcoin

2 Mar

New Indicators Point to Bitcoin Sell-off Slowing Down

Source: Bitcoinist New Indicators Point to Bitcoin Sell-off Slowing Down New Indicators Point to Bitcoin Sell-off Slow Down  As Bitcoin recovers from recent lows of $43,500, new indicators have shown that the sell-off may be slowing down. SOPR dips in “full reset”  For the first time since September 2020, the SOPR (Spent Output Profit Ratio) […]
2 Mar

Why The Bitcoin Price Recently Found Support At $46K

Source: Bitcoinist Why The Bitcoin Price Recently Found Support At K After plummeting from $46k to $43k on Sunday, Bitcoin managed to hold onto the critical support level of $46,000. Breaking Down Bitcoin’s Price Action Down 20% from its all-time high reached earlier this month, Bitcoin finds itself in correction territory – a sharp change […]
2 Mar

Bitcoin Analyst Sees “Aggressive” Bull Run Towards $64,000; Here’s Why

Source: Bitcoinist Bitcoin Analyst Sees “Aggressive” Bull Run Towards ,000; Here’s Why Bitcoin prices could undergo an aggressive bull run in the coming sessions, with their upside price targets lurking anywhere between $60,000 and $64,000. The bullish analogy comes from TradingShot, an independent analytics firm known for accurately predicting Bitcoin’s previous close above $50,000. Their […]
2 Mar
1 Mar

SOVI on HECO Liquidity Mining Updates

Source: Bitcoinist SOVI on HECO Liquidity Mining Updates The last seven days have been extremely eventful for everyone at Sovi Finance and we are happy to announce the successful completion of the SOVI auction on the NewItem platform, and the launch of SOVI Liquidity Mining on the Huobi ECO Chain (HECO).  The two events have […]
1 Mar
1 Mar

Bitcoin Weekly Outlook: T-Bonds Threaten Crucial BTC/USD Support

Source: Bitcoinist Bitcoin Weekly Outlook: T-Bonds Threaten Crucial BTC/USD Support Key Bitcoin Takeaways: Bitcoin fell wildly last week as the US dollar capitalized on rising Treasury bond yields. Nonetheless, dip-buying sentiment near a technical support level kept the cryptocurrency’s bullish bias intact. A further rise in yields could have bears test the support area for […]

Breaking Down Square’s Bitcoin (BTC) Position

Source: Bitcoinist Breaking Down Square’s Bitcoin (BTC) Position The recent push to the $1 trillion bitcoin market cap can at least be partially attributed to institutional investors; firms investing on the behalf of others or as part of their asset allocation strategies. Square, One of the Largest Corporate Holders of Bitcoin Alongside MicroStrategy, now Tesla, […]
13 Oct
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12 Oct