Crypto mining demand soars in Vietnam amid Bitcoin rally
One crypto mining rig seller in Vietnam has reportedly seen its sales triple in early September, with GPUs selling at premium prices.
Auto Added by WPeMatico
Can Bitcoin Break Historical September Price Trends? Spike Above $51K Suggests 2021’s 9th Month Is Different
The price of bitcoin has risen above the $51K zone on Sunday and traders and speculators are curious as to where the price is headed next. Historically, in September, bitcoin…
Gold, bond portfolios are ‘naked’ without Bitcoin, Bloomberg strategist asserts
The declaration appears as Bitcoin pops back above $50,000, with its addition in a Gold-Bond portfolio outperforming the S&P 500 index.
Bloomberg senior strategist calls Bitcoin a global reserve asset on the path to $100K
Following a massive correction, digital assets led by Bitcoin and Ethereum are on track for new highs, according to a new report from Bloomberg.
Dreading September? Bitcoin price hopes to break the slump trend
Despite BTC’s lackluster performance in September historically, 2021 could be an outlier to this trend if current market momentum persists.
Bitcoin price overcomes $50K, stocks slide after disappointing US jobs report
Nonfarm payroll data shows the worst U.S. jobs gain in seven months, limiting concerns of Federal Reserve tapering this year.
Traders identify $51K as the key level for Bitcoin to overcome in the short term
Bitcoin’s spike to $50,000 renewed calls for a new all-time high, but analysts caution that a daily close above $51,000 is needed to solidify the current uptrend.
MicroStrategy stock flips bullish with MSTR a Bitcoin ‘proxy’ for institutional investors
The bullish setup has appeared after MSTR's increasingly positive correlation with Bitcoin, the flagship cryptocurrency which has surged 339% year on year and is now struggling to close above $50,000.
China mining shock may not be over yet, experts suggest
Despite Bitcoin’s perceived hash rate recovery, analysts noted that the recent 150 EH/s reading was based on a short 24-hour window.
Former US president calls crypto a ‘disaster waiting to happen’
He seemingly dismissed the crypto market's potential in favor of strengthening the U.S. dollar in a recent interview.