Downside does not last long with an abrupt return to form taking Bitcoin price action back to mid-May levels.
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Downside does not last long with an abrupt return to form taking Bitcoin price action back to mid-May levels.
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Owners of the Visa-backed Bitcoin rewards card amassed over 124 BTC collectively over 90 days, BlockFi data shows.
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In fresh, albeit mixed, comments on Bitcoin, Larry Fink reiterated excitement about the future of cryptocurrency — and does not dismiss the idea that the success story could be BTC.
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The United States now accounts for more than a third of the total Bitcoin mining activity with Kazakhstan and Russia also becoming major locations.
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No one seems very interested in Bitcoin despite BTC/USD being barely 15% from all-time highs.
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Regulatory uncertainty could be the cause for yet more delays in the approval of long-awaited Bitcoin exchange-traded products.
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BTC price rejected near $58,000 but derivatives data shows traders positioned in a neutral-to-bullish, leaving sufficient “room” for a new all-time high in 2021.
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Bid and ask levels are flipping bullish as BTC/USD heads towards $60,000, data shows.
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ETH/BTC dropped below its 200-day exponential moving average for the first time since March 2020, raising risks of more downside.
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