Bitcoin price nears $44K as large Coinbase outflows fail to stop the sell-off
It seems weak hands are not done selling, and data hints that institutions, as ever, are reaping the benefits. Go to Source Powered by WPeMatico
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Soaring Treasury yields are worrying economists — But what does this mean for Bitcoin?
The price of gold has also been stagnating, but this isn’t necessarily bad for “digital gold” Bitcoin. Go to Source Powered by WPeMatico
People who bought Bitcoin in 2017 becoming the strongest HODLers, new data shows
Investors who began their Bitcoin journey three to five years ago have stronger hands than you might think. Go to Source Powered by WPeMatico
What Bitcoin price levels will invalidate the short-term bearish scenario?
Bitcoin struggling to break above $51,600 could trigger another big drop in BTC price. Go to Source Powered by WPeMatico
3 reasons Bitcoin price is quickly recovering from its ‘severe’ 23% correction
Bitcoin recovered quickly from $44,800 to over $50,000 in under 22 hours and here are three key reasons why. Go to Source Powered by WPeMatico
Bitcoin price retakes $50K as investor voices relief at ‘healthy correction’
Time to ruminate is just what’s required after all-time highs near $60,000, argues Ark’s Cathie Wood. Go to Source Powered by WPeMatico
1 billion people will store life savings on their phone in Bitcoin by 2026 — MicroStrategy CEO
The next five years will see the first billion people opting to store their wealth using Bitcoin simply using mobile devices, says the MicroStrategy CEO. Go to Source Powered by WPeMatico
Janet Yellen Warns Bitcoin Is ‘Extremely Inefficient’ and ‘Highly Speculative’ as BTC Price Plunges
U.S. Treasury Secretary Janet Yellen has warned about the dangers of bitcoin as the price of the cryptocurrency took a nosedive. She sees bitcoin as a highly speculative asset and is worried about potential losses investors can suffer. Yellen also believes that bitcoin is not widely used as a transaction mechanism due to its inefficiency, … Read more
$5.64 billion liquidated in 24 hours as Bitcoin extends losses — Is a relief rally near?
A staggering $5.64 billion worth of futures positions was liquidated in the last 24 hours as the price of Bitcoin dropped 17%. Go to Source Powered by WPeMatico
Fuel for a broader Bitcoin rally? BTC dip fills futures gap, liquidating $1 billion
A CME gap closed at around $55,504 as the price of Bitcoin steeply dropped following the new weekly candle. Go to Source Powered by WPeMatico
