Bitcoin’s repeating bearish engulfing trend and spot ETF outflows boost odds of sub-$60K BTC – Cointelegraph
Bitcoin (BTC) price is currently showing a 3% decline after a strong weekly performance last week. In addition to this, Bitcoin's daily chart is hinting at a historical bearish pattern, raising concerns that this could test the $60,000 level again. Bitcoin forms a bearish engulfing candlestick every day Bitcoin’s 2.4% decline on October 21st formed […]
How Bitcoin’s slight 3% rise caused an Open Interest surge – AMBCrypto News
After $2.5 billion in futures liquidations, Bitcoin open interest has surged to over $19 billion. BTC is facing strong resistance at $63,400, with the price hovering around $62,700 after a recent 3% rise. Bitcoin's [BTC] Due to the recent price spike, open interest has experienced significant volatility and several positions have been closed. Despite this, […]
HBO filmmaker believes he found bitcoin’s creator, whose identity has been unknown
The identity of Bitcoin's inventor is shrouded in mystery, but the makers of a new HBO documentary believe they may have revealed the man's identity. Karen Hoback believes she may have discovered the alias Bitcoin's inventor used online: Satoshi Nakamoto. The inventor of Bitcoin may have personal control over a stash of cryptocurrencies worth tens […]
Does Bitcoin’s negative funding rate signal that bears are in total control? – Cointelegraph
Bitcoin (BTC) prices fell 2.2% on September 11 following the release of the U.S. Consumer Price Index, but recovered to the $56,500 level within hours. This move was closely linked to the movement of the S&P 500 Index, which fell 1.6% on September 11 as U.S. Consumer Price Index growth hit its slowest level in […]
It’s Bitcoin’s victory as Russia, U.S. fight for crypto dominance – AMBCrypto News
Putin followed President Trump in adopting Bitcoin. Could this be a sign of the environment we can expect if Trump wins? Assessing the potential impact on a global scale, will China join in on this trend? If you’ve been watching Bitcoin closely [BTC]and when it comes to cryptocurrencies in general, you may have noticed that […]
Money, Debt, and Bitcoins
Estimated Reading Time: 8 minutes Suppose soaring inflation caused our money to be of so little value that it was no longer acceptable for business purposes. It should be obvious that a modern economy cannot function purely on barter trade. What would we do? This has happened in many countries. Usually, they turn to doing […]
Bitcoin’s next leg could hit $110K, despite ‘lower highs and lower lows’ – Cointelegraph
Bitcoin could see its next big rally surge to $110,000, despite concerns that a “lower high, lower low” pattern is forming on the BTC price chart, according to a crypto trader. “The next phase will likely see Bitcoin reach $110,000,” MN Capital founder Michael van de Poppe wrote in a blog post on July 17. […]
Bitcoin’s Mt. Gox Swings Add to Signs of Rocky Crypto Rebound – Yahoo Finance
(Bloomberg) — Bitcoin has plunged again on concerns that creditors of the collapsed Mt. Gox cryptocurrency exchange may sell the token, raising doubts about whether momentum remains in the cryptocurrency bull market that began last year. Most read articles on Bloomberg The largest digital asset fell 5.2% on Monday, dropping about $19,000 from its March […]
Decoding Bitcoin’s recent price surge: This group leads the way – AMBCrypto News
Short-term holders started accumulating large amounts of BTC. BTC accumulation by whales has slowed down. Bitcoin [BTC] Prices have risen significantly over the past few days, sparking optimism among traders. However, traders were not the only ones expressing optimism regarding BTC. Short-term holders move in Over the past few days, the supply of short-term holders […]
Will Bitcoin’s 1B transaction record give BTC the push it needs? – AMBCrypto News
Bitcoin has seen a significant increase in the number of transactions per day compared to the previous cycle. Active addresses and volume have decreased over the past month. Bitcoin [BTC] We recently reached the impressive milestone of 1 billion transactions.All-time total number of transactions At the time of writing, it was 1,000,803,494. Prices rose above […]