Best monthly gains since October 2021 — 5 things to know in Bitcoin this week
July closed with Bitcoin up almost 17%, but now, analysts are turning to how long the bullish trend can last. Go to Source Powered by WPeMatico
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Bitcoin price eyes $24K July close as sentiment exits ‘fear’ zone
The relatively good times could continue next month, one prediction says after July manages to reverse the worst of the 2022 crypto downturn. Go to Source Powered by WPeMatico
Crypto Biz: Elon Musk: The ultimate crypto tourist
Tesla’s foray into Bitcoin may have been one big distraction for the electric vehicle maker, which reported mixed financial results earlier this month. Go to Source Powered by WPeMatico
Bitcoin price rejects at $24K as ‘classic short setup’ spoils bulls’ fun
$24,000 BTC price refuses to flip to support while the weekly close remains shrouded in uncertainty. Go to Source Powered by WPeMatico
Alphabet, Microsoft and Now Meta Release Disappointing Quarterly Earnings
Meta joined Alphabet and Microsoft in releasing disappointing quarterly financials, following the company’s Q2 earnings call. In a week of a disappointment for mega-cap stocks, the trio has all missed revenue and earnings expectations, with Meta seeing its first quarterly sales decline ever recorded. Economic Slowdown Due to the current global economic slowdown, markets had … Read more
Cathie Wood sells Coinbase shares amid insider trading allegations
Cathie Wood’s investment firm ARK Investment Management is the third-largest shareholder of Coinbase, reportedly holding nearly $9 million as of late June. Go to Source Powered by WPeMatico
‘Game yet to begin’ for security token offerings, INX exec says
The current crypto bear market had no direct impact on the STO platform INX because STOs are “very different from others in the space.” Go to Source Powered by WPeMatico
Bitcoin Price Drops Below $22K, Global Crypto Market Remains Above $1T
After trading sideways at the $22k level through the weekend, Bitcoin’s price finally broke through its support level, dropping by over 3%, and currently trading at the $21k range. Ethereum also failed to hold support at the $1,600 level, falling to the $1,500 range on Monday. While support levels could not hold, the global cryptocurrency … Read more
Bitcoin Price Falls to $22K, Market Momentum Is Slowing Down
After a spectacular performance this week, cryptocurrency markets remain weak this Saturday as Bitcoin falls to the $22k level. The good news is that Ethereum still managed to hold above the $1,500 level. Even with a 7% drop in the past 24 hours, its 7-day performance is excellent, rising by over 25% in the past … Read more
Bitcoin Price Prediction & Analysis (July 20th) – BTC Rallies Past $23K, Will It Reach $30K Soon?
Cryptocurrency markets have been increasingly bullish in the past seven days. Bitcoin’s price rallied from a low of $19k to over $23k in a few days, with a steady increase in trading volume and market momentum. While stocks and futures experience little changes this week, Bitcoin and Ethereum have increased significantly, with BTC rising by … Read more