Bitcoin

Bitcoin spikes to $44.5K amid fresh warning over ‘exceptionally high’ stocks correlation

Bitcoin (BTC) passed $44,500 at the Wall Street open on Feb. 15 with traders compounding overnight enthusiasm. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Resistance attacks slowly form Data from Cointelegraph Markets Pro and TradingView tracked local highs of $44,543 for BTC/USD on Bitstamp. Already up over 6% on the day, the pair saw a slow return to resistance levels after abruptly halting a multi-day downtrend toward the $40,000 mark. As Cointelegraph reported, events in… Source link

Read More »

Fidelity International Debuts Bitcoin ETP in Europe – CoinDesk

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of… Source link

Read More »

Fidelity enters crypto space with Europe’s cheapest bitcoin ETP

FBTC carries a fee of 0.75% Fidelity International has entered the cryptocurrency space with the launch of the joint-cheapest bitcoin exchange-traded product (ETP) in Europe. The Fidelity Physical Bitcoin ETP (FBTC) is listed on the Deutsche Boerse and Frankfurt Stock Exchange with a total expense ratio (TER) of 0.75%, the joint-cheapest on the European market along with SEBA Bank’s Bitcoin Tracker… Source link

Read More »

Bitcoin price consolidates in critical ‘make or break’ zone as bulls defend $42K

The waiting game continues for crypto traders after Bitcoin (BTC) is once again pinned below resistance at $43,000 and awaiting some spark in momentum that can sustain a rally back to the $50,000 range.  Data from Cointelegraph Markets Pro and TradingView shows that the price of Bitcoin has traded in a range between $41,500 and $43,000 over the past couple of days and with tensions between Ukraine and Russia escalating, many traders are less than optimistic about Bitcoin’s short-term… Source link

Read More »

Bitcoin kisses 50-day moving average as trader predicts fresh BTC price volatility

Bitcoin (BTC) filled the CME futures gap in advance prior to the Wall Street open on Feb. 14, reaching $42,870. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader: Volatility gone, but not for long Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining swiftly on Feb. 14, with the start of U.S. trading keeping the pair around $42,500.  Feb. 13’s weekly close had disappointed analysts, with Bitcoin failing to achieve a higher high on the weekly chart. While… Source link

Read More »

Bitcoin bull trap? 3 indicators that predict BTC price falling to $24K–27K this year

Bitcoin (BTC) looks ready to fall below $30,000 in the coming months, per a confluence of historically accurate technical indicators brought forth by popular analyst Ari Rudd. The independent market analyst published a thread on Feb. 14, explaining why Bitcoin’s ongoing price recovery — from below $33,000 on Jan. 24 to around $42,000 on Feb. 14 — might not have strong legs. In doing so, Rudd presented at least three long-term technical setups with extremely bearish outlooks. They are… Source link

Read More »

Coinbase stock falls 5% pre-Wall Street as Bitcoin price dip adds to Super Bowl woes

United States cryptocurrency exchange Coinbase (COIN) has seen its shares dive 5% pre-trading after a calamitous advertising debut at the Super Bowl 2022. Data from Cointelegraph Markets Pro and TradingView showed COIN preparing to open at $194.53 before Monday’s Wall Street open. Snowden: Coinbase crash “so very internet” The Super Bowl 2022 was an event to remember for crypto investors, with several of the exchange industry’s biggest names airing full-scale ad pitches. For Coinbase,… Source link

Read More »

‘Up only’ for BTC fundamentals — 5 things to watch in Bitcoin this week

Bitcoin (BTC) starts the week with a slow drag downhill towards pivotal support at $40,000. After bulls had something to celebrate last week, the current environment looks like a fresh dose of reality as BTC battles nervous stock markets, a resurgent U.S. dollar and more. The picture is, as always, mixed — while spot price may not look too impressive, under the hood, Bitcoin is stronger than ever, and network participants are doubling down on their long-term commitments. Add to that the slow… Source link

Read More »

Bitcoin Holds Above $41K as Hashrate Surged to All-Time High – CoinDesk

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of… Source link

Read More »

Coinbase ‘Free Bitcoin’ Super Bowl Ad Causes Site to Briefly Crash

In brief Coinbase’s QR code ad proved popular enough to crash the site Despite the glitch, the ad was well received on social media Coinbase made the first big crypto splash during this year’s Super Bowl after the company aired a bold commercial that consisted of nothing but a QR code floating around the screen for 60 seconds. The ad also quickly flashed a Coinbase URL at the end, leading to a website displaying a promotion for $15 in free Bitcoin for new customers who sign up in the next… Source link

Read More »