Bitcoin jumps toward $49K amid fears 5%-plus inflation is here to stay
The rush to so-called safe-haven cryptocurrency appears despite concerns that the Federal Reserve would taper its $120 billion a month asset purchasing program.
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Bitcoin Price Analysis: BTC Approaching $50K With a Solid Weekend Rally
BTC has been showing near-term signs of strength, especially after reclaiming the 200-moving average on the 4-hour chart and holding $47.2k, a key level of support. What’s notable is that…
We Are All Satoshi: Statue of Bitcoin Creator Erected in Budapest
Satoshi Nakamoto – the pseudonym for the yet undiscovered creator(s) of Bitcoin– has had a faceless bronze statue erected in ‘his’ honor in Hungary. Depicting Bitcoin’s Anonymous Creator The sculpture…
Bitcoin at 11-Day High: AVAX Marks Another All-time High (Weekend Watch)
After yesterday’s dump below $47,000, bitcoin has resumed its bullish trajectory by adding $2,000 and nearing $49,000. Most alternative coins have stalled, but not Avalanche. AVAX has registered yet another…
Bitcoin Can Become The Global Reserve Currency, Says SkyBridge’s Anthony Scaramucci
The American financier Anthony Scaramucci believes that bitcoin is a monetary standard that could one day become a global reserve currency. He explained the volatile nature of the digital asset…
The Weekly Recap: BTC Encounters $48k, Cardano’s Hardfork, Solana’s Downtime
This week, even though tumultuous to some extent, was positive for the cryptocurrency market and Bitcoin, particularly in terms of prices. BTC managed to increase by about 2.5%, reclaiming an…
Bitcoin Will Benefit From Proper Cryptocurrency Regulations, Says Michael Saylor
MicroStrategy’s CEO opined that implementing the proper regulatory rules on the cryptocurrency industry would be highly beneficial to bitcoin. He once again praised the merits of the primary cryptocurrency, saying…
PayPal’s U.K. Customers Can Now Buy, Sell, and Hold Bitcoin
Global payments giant PayPal disclosed on Friday that its customers in the United Kingdom can now buy, sell, and hold multiple cryptocurrencies, including bitcoin and ether, directly from their accounts.…
Bitcoin Price Analysis: BTC Holding Critical MA200 Level, Is $50k Retest Incoming?
BTC’s near-term technicals continue to show strength as the price has reclaimed the 200-day moving average and $47.2k – a key level according to the UTXO Realized Price Distribution metric.…
Bitcoin Calm at $48K as Solana Drops 10% (Market Watch)
After tapping a new 10-day high yesterday, bitcoin has calmed around the $48,000 mark. Apart from Avax, most alternative coins have charted losses in a day, including a massive 10%…
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