Finance & Crypto News Website
Bitcoin (BTC) enthusiasts held their breath on Monday as the cryptocurrency seemed to be gearing up for a bullish run. However, Tuesday brought a sudden shift in the market, causing BTC to plummet to $61,735 (BTC/USD). Amidst a tumultuous global economy plagued by soaring inflation rates, investors have been eagerly anticipating a resurgence in Bitcoin’s … Read more
Wells Fargo, a leading American bank, has boldly ventured into the world of cryptocurrency by investing in Grayscale’s cutting-edge spot Bitcoin ETF. Banking giant Wells Fargo has made a bold move into the world of cryptocurrency by investing in a Bitcoin ETF from both Grayscale and ProShares. With 37 shares of ProShares Bitcoin Strategy ETF, … Read more
Enter the world of cryptocurrency and behold the mighty Bitcoin, a constantly evolving giant that never fails to captivate. Its latest move, the elusive “Golden Cross” appearing on its daily chart, has once again stolen the spotlight. As we reflect on previous surges in value, the air is thick with anticipation of a potential upward … Read more
Bitcoin stands strong in the volatile market, rising confidently after a shaky start to the week. With its value surpassing $63,000 yesterday, the bulls are determined to maintain this upward trend and potentially reach new heights of $66,000. The key to solidifying last week’s gains lies in Bitcoin’s ability to close above this crucial level. … Read more
Bitcoin’s recent performance has been lackluster, with the price remaining stagnant and uninspiring. Despite a minor dip on May 8th, the market is still dominated by sellers, as evidenced by their push against resistance levels for potential gains. The day ended with a doji, signaling a possible advantage for buyers, but a significant breakthrough is … Read more
Bitcoin’s Value Takes a Dip, Sending Shockwaves Through the Cryptocurrency Community. Despite Hopes for a Bright Future, Bears Hold Strong and Trader Confidence Takes a Hit. Stay Tuned as We Monitor the Market’s Rollercoaster Ride, with Eyes on the Key Resistance Level of $66,000. Bitcoin holds steady as the week comes to a close, with … Read more
Bitcoin ETFs Experience Record Inflows After Successful Launch in January On May 3rd, Bloomberg analyst Eric Balchunas witnessed a monumental shift in the market. But will we ever see it again? Balchunas remains skeptical, even though Bitcoin’s value dropped below $60,000 and investors were pulling out of spot Bitcoin ETFs. Surprisingly, over 95% of investors … Read more
The enigmatic analyst, Davinci, unveiled his intriguing analysis of the ever-changing cryptocurrency market. Amidst his keen observations, he honed in on Bitcoin’s tumultuous price movements, with a sharp warning about its recent surge to a staggering $64,000. With a glint of caution in his eye, Davinci hinted at a possible “bull trap” lurking beneath the … Read more
After the highly anticipated halving event, Bitcoin miners are scrambling to adapt to the new landscape. One particular entity is exploring a multitude of options to stay ahead of the curve. Stronghold Digital Mining is on a mission to boost shareholder value and they’re leaving no stone unturned. From selling the entire company to its … Read more
May 1st Sees Massive $563.77 Million Exodus from U.S. Bitcoin ETF Market Breaking records for the sixth consecutive day, the cryptocurrency market saw a significant decline in funds, according to SoSo Value. On May 1st, as the U.S. SEC approved spot Bitcoin ETFs, capital outflows reached an all-time high. Shockingly, 10 products were hit with … Read more