Bitcoin

The CEO of the Nasdaq-listed company Microstrategy has dispelled the rumor that his company has been quietly selling bitcoin. He explained that as a company regulated by the Securities and Exchange Commission (SEC), changes in bitcoin holdings must be disclosed to shareholders via SEC filings. Microstrategy’s CEO Points Out Any Bitcoin Sales Must Be Publicly Disclosed to SEC and Shareholders This week, a rumor has been circulating on social media that the Nasdaq-listed pro-bitcoin… Source link

“It creates demand for UST by arbitrageurs who can buy UST at, say, $0.97 and convert it for BTC at $0.98,” said Jordi Alexander, chief investment officer of Selini Capital. “This should create a more hard floor at $0.98 and prevent a cataclysmic redemption flow into LUNA because at that point, say, UST was going to $0.97, people would arbitrage the price back up.” Source link

Bitcoin (BTC) faced selling pressure at the Wall Street open on April 22 as markets began a rerun of April 21’s losses. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView No let-up for stocks or crypto as losses mount Data from Cointelegraph Markets Pro and TradingView showed BTC/USD following a grimly familiar course on April 22, hitting lows of $39,197 on Bitstamp. The previous day had cost bulls $40,000 support, a level tha had yet to cement itself as a meaningful line in the sand… Source link

Bitcoin (BTC) price flashed bullish for a brief moment, possibly tricking some traders into opening longs, before plunging back below $40,000 in evening trading hours. Let’s take a quick look at what traders think about the current price action and whether or not today’s brief break out was nothing more than test of overhead resistance. BTC/USDT 1-day chart. Source: TradingView Resistance remains at key moving averages Analysis of Bitcoin’s weekly price action was discussed by crypto trader… Source link

Text size Demand for TerraUSD could impact Bitcoin. Dreamstime Stablecoins are supposed to be the… Source link

Text size Bitcoin was one of the few cryptos notching gains over the past 24 hours. Dreamstime … Source link

Bitcoin (BTC/USD) Analysis Bitcoin jumps more than $3,000, markets eye Fed Chairman’s speech for direction Key Highlights Bitcoin traded higher for the third consecutive day and jumped more than $3,000. Markets are eyeing the US Fed Chairman Powell’s speech for further direction. Technical Analysis Intraday trend – Neutral On the daily chart, the pair is trading below Tenken-Sen ($40,383), Kijun-sen ($43,390), and Ichimoku Kumo cloud ($40,087). BTC/USD hit an intraday high of $41,995 and is… Source link

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Under tightening monetary pressures from central banks, Bitcoin (BTC-USD) is trading like “an overpriced tech stock,” as one analyst noted. That could potentially mean poor performance for the next few months. Bitcoin began trading this week above $40,400 Sunday before its correction early Monday morning where it slipped below $39,000 during Asian trading hours. After recovering Monday, the largest cryptocurrency briefly wafted above $42,000 before settling back at $41,168 Wednesday… Source link

Text size Bitcoin prices rise Wednesday, following U.S. stocks higher. Edward Smith/Getty Images