Bitcoin

5 things to watch in Bitcoin this week

Bitcoin (BTC) starts a new week in all-too-familiar territory with all-time highs just out of reach. After a positive weekend, the largest cryptocurrency has avoided a deeper price dip than that seen last week, and $50,000 has stuck as support. What next? Cointelegraph takes a look at five factors which may shape Bitcoin price action in the coming days. Stocks set for crunch moment Monday will form an interesting open for U.S. equities as fears mount over the impact of Friday’s $20 billion… Source link

Read More »

Bitcoin and Ripple’s XRP – Weekly Technical Analysis – March 29th, 2021

Bitcoin Bitcoin, BTC to USD, fell by 2.72% in the week ending 28th March. Reversing a 2.85% gain from the previous week, Bitcoin ended the week at $55,780.0. A mixed start to the week saw Bitcoin rise to a Monday intraweek high $58,525.0 before hitting reverse. Falling well short of the first major resistance level at $61,935, Bitcoin slid to a Thursday intraweek low $50,350.0. Bitcoin fell through the first major support level at $54,706 and the second major support level at $50,412. Steering… Source link

Read More »

General Motors Considering Bitcoin As Payment

Share Tweet Share Share Share Email Some bitcoin investors are watching General Motors (GM) closely in the wake of CEO Mary Barra’s response during the company’s fourth-quarter earnings call to a question about whether the automobile giant might accept the cryptocurrency as a form of payment. The exchange Barra had with analyst Adam Jonas of Morgan Stanley on Feb. 10 was highlighted in a March 26 article on the cryptocurrency and investing news website Coin Quora. During the call, according… Source link

Read More »

After 500% Bitcoin Boom, Data Reveals Why April Could Be Even Bigger For The Bitcoin Price

Bitcoin, after surging through the first couple of months of the year, has lost momentum in March. The bitcoin price, up almost 500% since its latest bull run began in October, climbed to an all-time of just over $60,000 per bitcoin this month but has stopped breaking fresh ground with the regularity it did through January and early February. Now, with historical bitcoin price data showing March losses are often followed by an April rally, bitcoin traders and investors are feeling… Source link

Read More »

Why Bitcoin Will Hit $200,000 This Year

Bitcoin has been on a tear in 2021, and if history is any indication, we should expect bitcoin to continue to run well past the six figures mark, and to $200,000 and beyond in 2021. The Halving Cycle Dynamic, Programmatic Price Action While the typical skeptic will shout from the rooftops, “Bitcoin is nothing more than a speculative bubble!” and how there is “No intrinsic value, Bitcoin is just tulips!,” these critics clearly have not done much critical thinking or research on the… Source link

Read More »

Wife Leaves Husband After He Refused to Sell Bitcoin at $60K and Bought the Dip – Featured Bitcoin News

Bitcoin prices surpassing the $60,000 milestone undoubtedly woke up a massive wave of joy across the crypto community. However, such an accomplishment didn’t bring happiness to a married couple, who split up after a dispute on whether to sell bitcoins at that price level or not. Wife Left the House to Stay With Her Sisters According to a post on Reddit, a user named “Parking_Meater” gave his particular testimony on how the bitcoin (BTC) bull-run ended… Source link

Read More »

Investors seek Bitcoin haven amid weakening dollar worries

Warren Buffett hates cryptocurrencies. Treasury Secretary Janet Yellen isn’t a fan and neither is Bill Gates. Ditto for scores of great economic minds who call the rise of cryptos like Bitcoin a “bubble,” and a lot worse.   I have my doubts as well. I’ve seen too many Pets.coms in my career covering Wall Street to embrace a so-called currency that can’t even be used to buy a slice of pizza.  What has me thinking twice, however, is what’s going on in… Source link

Read More »

Introducing On-Chain Bitcoin Analysis – Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides

This article is a collaboration by Glassnode and Bitcoin Magazine to introduce Bitcoiners to the world of on-chain analysis. Our aim is to simplify, demystify and improve access to on-chain data, helping you take the first steps into using these powerful new tools. The Bitcoin blockchain is one of the most organic sources of data into human behavior in a free market that the world has ever seen. From its cypherpunk roots without price, to today’s corporate adoption with eyes on… Source link

Read More »

You can now buy a Tesla with Bitcoin — but the IRS will want a cut – Yahoo Finance

Benzinga Alibaba, Amazon, Palantir, Google, Takeda, Unity — What Cathie Wood’s Ark Bought And Sold On Thursday Cathie Wood’s Ark Investment Management sends out an email every night listing the stocks that were bought or sold by the firm’s ETFs that day. In recent months, the emails have known to cause certain stocks to see a spike in the after-hours session. Here’s a list of 39 stocks that the hedge fund bought and sold on Thursday. Trades For Ark Fintech Innovation ETF (NYSE: ARKF):… Source link

Read More »