Bitcoin slides under $39K, leading some traders to forecast a weekend ‘oversold bounce’
Traders look for a weekend oversold bounce after BTC price sold-off and hit an intraday low at $38,750. Go to Source Powered by WPeMatico
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China’s share in Bitcoin transactions declined 80% post crackdown: PBoC
China has carried out multiple crypto crackdowns and enforced numerous bans on crypto markets since 2013, however, Chinese traders have always found a way to bypass these bans. Go to Source Powered by WPeMatico
Analysts say bulls will aim for $48K now that Bitcoin’s ‘accumulation phase’ has begun
BTC price appears to be consolidating below $44,000, while analysts highlight $48,000 as the next short-term bull target. Go to Source Powered by WPeMatico
Bitcoin paints a clear ‘double bottom’ but ailing momentum could force a $34K retest
BTC’s brief spike to $45K prompted some analysts to call a trend reversal, while others caution that a revisit to $34,000 is not out of the question. Go to Source Powered by WPeMatico
Crypto investment funds attract $36M in capital despite market turmoil
Inflows into Bitcoin and Ether investment products continue to rise as institutional investors re-accumulate. Go to Source Powered by WPeMatico
Bitcoin climbs to $41K and flippens the Russian ruble
The Central Bank of Russia reported the country’s money supply was 65.3 trillion rubles as of Feb. 1 — roughly $629 billion with the recent drop against the U.S. dollar. Go to Source Powered by WPeMatico
Hodl, don’t trade says the AI Bitcoin trading bot
An AI trading bot that learns how to time the market and accumulate Bitcoin quickly learned that the best way is to simply ”hodl.” Go to Source Powered by WPeMatico
Bitcoin price spike to $39K leads traders to say ‘the panic is over for a few days’
BTC and stock markets recovered some of their recent losses, leading traders to suggest that the panic selling could be “over for a few days.” Go to Source Powered by WPeMatico
‘Bitcoin makes no sense for blockchain developers,’ says 1inch Network co-founder
Anton Bukov, the co-founder of 1inch Network, explains how Ethereum can overcome its scalability issue and why it could soon become more valuable than BTC. Go to Source Powered by WPeMatico
Digital gold narrative valid as long as MicroStrategy holds Bitcoin, says exec
Institutional investors who bought BTC via on-chain transactions seem to have not sold their holdings yet, according to CryptoQuant’s CEO. Go to Source Powered by WPeMatico