Bullish case for Ethereum strengthens as exchange ETH outflows outpace Bitcoin
Ethereum exchange reserves are falling quickly with outflows hitting yearly highs and boosting market sentiment around ETH. Go to Source Powered by WPeMatico
Bitcoin Price
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Bitcoin bulls take a breather while BTC price slips below $55,000
Sellers pushed Bitcoin price below $55,000 even as record-high BTC futures open interest and optimism surrounding the issuance of $1,400 stimulus checks for Americans had traders anticipating a rally. Go to Source Powered by WPeMatico
Bullish uptrend intact as Bitcoin futures open interest hits $22.5B
Bitcoin may be en route to retest underlying support levels but the record $22.5 billion open interest on BTC futures shows bulls expect the uptrend to continue. Go to Source Powered by WPeMatico
Survey says Americans could spend up to $40B from stimulus on Bitcoin
More than 60% of respondents said they would choose to invest their $1,400 checks in Bitcoin over stocks. Go to Source Powered by WPeMatico
Oakland A’s major league baseball team now accepts Bitcoin for suites
The Oakland A’s, the team at the center of the box office hit movie “Moneyball,” is accepting a single Bitcoin as payment to secure a six-seat suite throughout the 2021 home season. Go to Source Powered by WPeMatico
Bitcoin price rally to $61,800 shows BTC bulls are in full control
As Bitcoin price skyrocketed to a new all-time high above $61,800, altcoins like Decentraland rallied more than 90%. Go to Source Powered by WPeMatico
Trading Bitcoin options is less risky than futures but mind the premium!
Trading Bitcoin options can be a great way to access leverage while avoiding the liquidation risk presented by futures contracts but investors must keep an eye on the premiums. Go to Source Powered by WPeMatico
Analysts say $60K Bitcoin price signals BTC has ample ‘room to run’
Analysts say Bitcoin whale wallet accumulation and persistent dip-buying by institutional investors signal that BTC price has plenty of room to appreciate. Go to Source Powered by WPeMatico
Altcoins sell-off after Bitcoin price rejects near its $58K all-time high
Altcoins are witnessing a bout of profit-taking after Bitcoin price failed to push through its $58,300 all-time high this week. Go to Source Powered by WPeMatico
Bitcoin price in stasis — Analyst says BTC consolidation ‘nearly complete’
A transfer of more BTC from weak to strong hands has set the scene for fresh upside, says Willy Woo. Go to Source Powered by WPeMatico