BlackRock Bitcoin fund launch sends BTC price towards $25K
The announcement is the “most bullish news” ever for long-term hodlers, one analyst argues as Barry Silbert heralds the arrival of Wall Street. Go to Source Powered by WPeMatico
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Bitpay Reveals Prepaid Cardholders Can Get up to 15% Cash Back Rewards via Select Retailers
The Atlanta-based crypto payment services company Bitpay has announced that Bitpay’s prepaid cardholders are eligible for cash back rewards if they use their card with participating retailers. The rewards feature stems from Bitpay’s partnership with Cardlytics and cardholders can get up to 15% in cash back rewards on purchases from the service from thousands of … Read more
Bitcoin, Ethereum Technical Analysis: ETH Moves to 2-Month High Above $1,900
Ethereum surged to a two-month high above $1,900 on Thursday, as the token continued to rally following yesterday’s U.S. inflation report. Inflation in the United States was at 8.5% in July, giving traders some optimism on a potential gradual recovery. Bitcoin was also in the green, as prices moved closer to $25,000. Bitcoin Bitcoin (BTC) … Read more
Bitcoin and Ethereum Prices Show Significant Upside After July’s CPI Data Release
Cryptocurrency markets are showing significant upside this Thursday after trading sideways for most of the week. Yesterday’s CPI data shows that inflation remained unchanged for July, with the gasoline index falling 7.7%. The favorable CPI data is a significant driver for today’s crypto market bull run. Furthermore, cryptocurrencies registered a 6% growth in the overall … Read more
Bitcoin battles 2-month resistance amid ‘most hated’ stocks rally
Risk assets surge higher after U.S. inflation data, but belief in a sustained uptrend emerging is hardly anywhere to be seen. Go to Source Powered by WPeMatico
Price analysis 8/10: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX
After Aug. 10’s neutral CPI print, Bitcoin and altcoins are attempting to flip stiff overhead resistance levels to support in order to prepare for the next leg up. Go to Source Powered by WPeMatico
Bitcoin price sees $24K, Ethereum hits 2-month high as US inflation shrinks
Lower than expected inflation data sparks an instant rally in crypto, while the U.S. dollar pays the price. Go to Source Powered by WPeMatico
Bitcoin, Ethereum Technical Analysis: ETH Surges Back Above $1,700 as US Inflation Falls to 8.5%
Ethereum was once again volatile on Wednesday, as prices of the token fell below $1,700 ahead of the latest U.S. inflation report. However, following the report, which came in at 8.5% in July, the token surged back above this point. Bitcoin was trading lower, as it continued to hover below $24,000. Bitcoin Bitcoin (BTC) was … Read more
Bitcoin Holds Support at $23K as Coinbase Earnings Reveal Billion-Dollar Losses
After rising to $24k this week and testing support at $23k yesterday, Bitcoin continues to trade sideways today, managing to hold current support levels. The 24-hour trading volume shows a slight decline, down 9% today as the markets slow down. Key Points: Bitcoin continues to hold support at $23k and trades sideways. Coinbase’s Q2 Earnings … Read more
Bitcoin braces for US inflation data as CPI nerves halt BTC price gains
Another surprise inflation increase could make things “ugly” for crypto markets, one trader warns, with hours left before the CPI release. Go to Source Powered by WPeMatico