$60K is now more likely for Bitcoin than $20K, Bloomberg’s senior strategist asserts
The analyst also treats the latest crypto ban in China as bullish for Bitcoin and the U.S. dollar. Go to Source Powered by WPeMatico
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Stacks (STX) price rallies 195% after revealing plans to bring DeFi to Bitcoin
STX price rallied 195% after the introduction of smart contracts enabled the launch of DeFi and NFTs on the Bitcoin network. Go to Source Powered by WPeMatico
3 reasons why traders think Bitcoin price bottomed at $29,500
Bitcoin’s bounce above $32,000 boosted the mood among traders who believe the bottom is in, but some analysts caution that heavy resistance blocks the road to new highs. Go to Source Powered by WPeMatico
Bitcoin traders watch $32K ahead of Friday’s $330M BTC options expiry
Bulls managed to find some momentum, but holding the $32,000 support level will determine who is the victor of Friday’s $330 million BTC options expiry. Go to Source Powered by WPeMatico
Record network activity and a second NFT boom send WAX price higher
WAXP price appears to be gaining strength after the NFT-focused project introduced staking, yield farming and partnerships with companies that offer pop culture collectibles. Go to Source Powered by WPeMatico
Crypto Fear and Greed Index Taps Low at ‘Extreme Fear,’ BTC Technicals Point to Uncertainty
On Wednesday, following the drop below the $30,000 region, bitcoin’s price has rebounded more than 8% since Tuesday’s low. Meanwhile, the sentiment metric recorded by the Crypto Fear and Greed Index (CFGI) is extremely low, pointing to “extreme fear” in the market. Despite being a scary term, the time is usually the best time to … Read more
Altcoins secure double-digit gains after Bitcoin surges toward $33K
TEL, MATIC and AXS soared higher as Bitcoin’s relief rally to $32,800 lifted the entire market. Go to Source Powered by WPeMatico
Price analysis 7/21: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC
The strong recovery in Bitcoin and altcoins shows there is aggressive buying at lower levels but bears are unlikely to give up without a fight. Go to Source Powered by WPeMatico
Bitcoin price hits $32K but derivatives metrics still show signs of weakness
Bitcoin price rallied 8.5% to recover the $32,000 level, but derivatives data shows pro traders still feel apprehensive. Go to Source Powered by WPeMatico
Trading firm of richest crypto billionaire reveals buying ‘a lot more’ Bitcoin below $30K
Alameda Research, headed by Sam Bankman-Fried, whose net worth lately reached over $8 billion, has upped its Bitcoin buying around its key psychological support of $30,000. Go to Source Powered by WPeMatico