Wells Fargo Files to Launch a Bitcoin Fund
A few months after dabbling with the idea of getting on the cryptocurrency bandwagon, Wells Fargo has filed documents with the US Securities and Exchange Commission to launch a designated…
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Evolution Mining’s CEO: Bitcoin’s Volatility Will Lead Investors Back to Gold
According to Jake Klein – the executive chairman and CEO of the gold mining firm Evolution Mining – bitcoin’s volatile nature would make gold a preferable investment instrument once again.…
BTC Struggles Below Critical 200MA as Global Markets Risk Off: Where Is Next Support? (Bitcoin Price Analysis)
BTC made another attempt to reclaim the 200-day moving average but was met with selling pressure as global stocks fell again amid fear of the Federal Reserve tapering asset purchases.…
Bitcoin Struggles Below $45K: ETH Fighting for $3K (Market Watch)
The past couple of days have been a bit challenging in the crypto market, with bitcoin dropping to a new multi-day low of around $44,000. While some altcoins like ETH…
Bitcoin and Ethereum Exchange Exodus Continues to New Lows
On-chain analytics provider, Glassnode, has reported that Bitcoin exchange flows have returned to the dominance of outflows through August as investors withdraw the digital asset. It added that the market…
Correction Time: Bitcoin Slips Below $45K, $110B Wiped Off the Total Cap (Market Watch)
The bears have returned to the crypto market and have pushed bitcoin south to around $45,000. The alternative coins, which flew high recently, have struggled even more. ETH is close…
Bitcoin Price Analysis: Global Risk-Off Drives BTC Below the Critical 200MA, Where is it Heading Next?
BTC’s weekly close above the 21-week and 200-day moving averages flashed the largest technical buy signal since April 2020, marking a major step forward for potential bull market continuation. Although…
Stock-to-flow Model Suggests Second Leg of Bitcoin Bull Market Imminent
According to ‘PlanB’, the brainchild behind the highly debated Bitcoin stock-to-flow model, the bull market is not over yet. In a tweet on August 18, the analyst posed an update…
Miners Revenue Back to Mid-2020 Levels Following 57% Increase
Mining revenue for Bitcoin miners has gradually begun to increase two months after the start of the migration process from China in the wake of a massive crackdown on mining…
Second Attempt In 4 Months: Novogratz’s Galaxy Digital Files for a Bitcoin Futures ETF
After filing with the SEC to receive approval for a Bitcoin ETF in April this year, Galaxy Digital has reportedly tried again – this time, under a different section. Novogratz’s…