Auto Added by WPeMatico

Fidelity analyst: Bitcoin price up-down debate ‘mostly noise,’ watch network’s Apple-esque growth

The number of users on the Bitcoin network keeps growing higher, drawing comparisons to tech giant Apple’s growth to date.

Continue ReadingFidelity analyst: Bitcoin price up-down debate ‘mostly noise,’ watch network’s Apple-esque growth

Bitcoin bulls scramble to defend $40,000 as the crypto market sell-off intensifies

BTC and altcoins were hit by another round of selling as analysts say a worsening macroeconomic climate threatens to push Bitcoin price below $40,000.

Continue ReadingBitcoin bulls scramble to defend $40,000 as the crypto market sell-off intensifies

Bitcoin price is ‘likely starting the next push up’ if $42K holds as support

Multiple technical indicators suggest that BTC is preparing for a breakout, despite concerns about rising inflation and conflict in Ukraine.

Continue ReadingBitcoin price is ‘likely starting the next push up’ if $42K holds as support

Here’s why the SEC keeps rejecting spot Bitcoin ETF applications

Crypto investors still hope that the U.S. Securities and Exchange Commission will approve a spot-based BTC ETF one day, but data shows it has good reason not to.

Continue ReadingHere’s why the SEC keeps rejecting spot Bitcoin ETF applications

Investors underestimate Bitcoin’s “huge upside potential”, Fidelity researcher says

Head of Research at Fidelity Digital Asset is convinced Bitcoin's value proposition as a decentralized and censorship-resistant monetary network sets it apart from other cryptocurrencies.

Continue ReadingInvestors underestimate Bitcoin’s “huge upside potential”, Fidelity researcher says