The crypto market rally continues further with Bitcoin and altcoins making new advances. Watch out the crucial levels for the next price trend.
Bitcoin has been strongly defending its $47,000. As we head into Friday’s expiry, here’s what traders need to do.
Wells Fargo has floated the bitcoin fund to be managed by both firms and will receive a sales cut through two of its own subsidiaries.
The price of Bitcoin, the world’s largest digital currency by market capitalization is trading at a loss at the moment as driven by conflicting fundamentals in the cryptocurrency ecosystem.
Billionaire Jack Dorsey says he wants to begin mining Bitcoin as he moves from public declaration of support to director production of the king coin.
During the recent week, Gold prices dipped significantly, with analysts estimating further dips in the prices in the future. The drop serves as an immaculate opportunity for the gold investors.
As Palantir COO Shyam Sankar explained, such a heavy investment in gold is a hedge against ‘black swan events’.
Such an interest resulted from the COVID-19 pandemic. Before, there was attention from institutional investors, but nobody considered serious investments in cryptos. However, as high-profile investors began to talk about Bitcoin as a hedge against inflation, the fire started.
Regulators in the United States now have additional exchange-traded funds (ETF) to consider as it was revealed that Galaxy Digital, an investment management firm in the crypto space, has filed for a Bitcoin futures ETF.
Although PlanB reiterates his prediction for Bitcoin at $100k, the analyst warns that investors should not totally rely on the stock-to-flow model.
The entire crypto market has witnessed one of its most pleasant weeks in recent memories as many of the leading crypto assets finished the week strongly.
The price shift of the flagship crypto-asset today has indicated that nothing can stop Bitcoin’s current bull movement permanently, considering the significant record it saw in the early hours of the day.
The possible integration of Twitter accounts with Bitcoin-enabled lightning wallets is anticipated to fetch substantial profits for the social media platform.
“I prefer to live in a decentralized world where I have the responsibility to protect my capital”, said Taihuttu.
The growth of the thousands of digital currencies and its impact on the global crypto market cap is fast pulling the new range of asset classes from their nascent stages.