Market Watch: BTC Dipped Below $47K on Another Volatile Friday
Yesterday’s inflation news from the US pushed bitcoin to $50,000 once more, but the asset failed and dropped by several thousand dollars. Most altcoins are also in the red on…
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Florida Should Allow Residents to Pay State Fees in Crypto, Says Governor
The member of the Republican party and Florida Governor – Ron DeSantis – proposed that the government should allow businesses to pay state fees with digital assets like bitcoin. He…
Bitcoin Price Analysis: BTC Unable to Reclaim $50K as Bearish Indications Loom
Options Market Analysis Bitcoin price is now sub $49,000, about 27% below the ATH ($69k). Options traders set different hedging strategies during the previous weeks to protect against the market…
Bitcoin Losing $50K, Altcoins Bleed Out, Inflation on the Rise: This Week’s Crypto Recap
There’s no sugarcoating it, the past seven days have been very tough throughout the entire cryptocurrency market, with a few small exceptions. The total capitalization dropped to $2,375 billion, which…
Bitcoin Price Bounces $2K as US Inflation Numbers Highest in 40 Years
The inflation numbers in the United States for November are out, and it appears that the Consumer Price Index is at its highest point in about 40 years. Bitcoin’s price…
This is Why $69K Was Not The Top of This Bitcoin Cycle, PlanB Exlains
Bitcoin’s price has lost a lot of ground in the past few weeks. It’s down by $20,000 since the most recent peak of $69,000 in November. This has caused a…
Markets in Red: BTC Slides to $48K as ETH Nears $4K
Following another unsuccessful attempt to reclaim $50,000, bitcoin retraced once more and even dipped to $47,500. The altcoin space is in the red as well, with ETH close to breaking…
Cathie Wood Says 5% of Institutional Money Can Increase Bitcoin’s Price by $500K
Speaking to CNBC on Dec. 9, Ark CEO Cathie Wood said that crypto is a diminutive amount of institutional portfolios, and “institutions are moving in” on Bitcoin and its brethren.…
Bitcoin Hash Rate Triples 6 Months After the China Exodus
It has taken the bitcoin hash rate less than six months to recover from its China-induced crash. The metric, displaying the robustness of the world’s largest blockchain, has increased by…
MicroStrategy Bought 1,434 BTC Worth $82.4 Million at $57.5K
The NASDAQ-listed tech giant, spearheaded by Michael Saylor, continues its BTC buying spree after another substantial purchase worth more than $80 million. Michael Saylor, one of the most prominent bitcoin…
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