Bitcoin (BTC) at Major Crossroads, Expects More Volatility Ahead
Popular trader ED_NL notified his followers that the Bitcoin price will rise to liquidate the buys before shorting towards $38k.
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Popular trader ED_NL notified his followers that the Bitcoin price will rise to liquidate the buys before shorting towards $38k.
The 10-Year Treasury Yield grew by 2.78% representing a three-year high. Events that push these yields to historic highs typically fuel the dumping of risky assets.
Many participants proposed ideas regarding the future of the crypto mining industry and how more decentralization could be attained.
A look at the price performance of the other top digital assets would show that Bitcoin is not the only one that witnessed a red weekend.
Cathie Wood and Ark Invest have invested in Bitcoin and blockchain technology through the decentralized financial ecosystem (DeFi).
Terra has accumulated a total of 39,897.98 Bitcoin worth $1.7 billion over the last month as part of its strategy to build a $10 billion BTC reserve for its UST stablecoin.
The payment method will allow US Shopify merchants to accept Bitcoin transactions from clients internationally as US dollars.
Also at the Bitcoin 2022 conference, Thiel referred to Buffett as “the sociopath grandpa of Omaha.” He said Buffett has probably been the most sincere Bitcoin critic.
The bonuses will be awarded to the top three fighters on UFC Pay-Per-View that will be voted by fans from all over the world.
Robinhood said that it will be activating crypto wallets for its 2 million waitlisted customers widening its wallet access and crypto transfers.
With the Cash App “Paid in Bitcoin” feature, users can make systematic Bitcoin investments by allocating a percentage of their salary deposits to BTC.
At a recent Bitcoin conference, ex-CSO Blockstream Samson Mow brought on representatives from three regions to discuss Bitcoin adoption.
The SEC announced the approval in a filing on its website, adding Teucrium to a host of other bitcoin futures ETF issuers, just days after rejecting a spot Bitcoin ETF application from Cathie Wood-run ARK Investment Management LLC.
As per the deal, Bakkt will allow American Bank customers to buy, sell, and hold the two biggest digital assets – Bitcoin and Ethereum.
If the US SEC passes an approval, this would be the first US ETF that would allow betting against the performance of Bitcoin futures.