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
Read More »Ethereum: Despite breakdown below $3k, why ETH still holds upward potential
Ethereum price shattered in the previous days after crossing the holy $3500 barrier in early April. In the past 36 hours, the ETH prices have fallen below $3000 after anticipations of the FOMC got through. The crypto ecosystem had been worried about the Federal Chair meet on Thursday which did not end well. To arrest inflation, the Fed has been under pressure to raise interest rates after resisting it throughout 2021. On Thursday, Federal Reserve Chair Jerome Powell statement raised alarm… Source link
Read More »If You Missed Litecoin and Matic, Bitgert Is A Best Crypto To Invest In 2022
by Analytics Insight April 23, 2022 Bitgert became a sensation in the crypto industry after the team launched the most powerful blockchain. If you missed out on Litecoin and Matic when the coin launched or before they exploded, you need to take a look at Bitgert (BRISE). Bitgert is a cryptocurrency that the crypto community believes will be the next big thing in the industry. In fact, crypto analysts have said that Bitgert has the potential to be on the top 10 list. The Bitgert project… Source link
Read More »Bitcoin, Ethereum Look Poised to Rebound
Key Takeaways Bitcoin and Ethereum have declined by more than 8% over the past 48 hours. One technical indicator suggests that both assets could soon rebound. Still, the high optimism levels among traders suggests that a short squeeze could be approaching. Share this article Bitcoin and Ethereum have reached vital support levels, collecting enough liquidity for a potential rebound. However, from a long-term perspective, a long-squeeze appears to be underway. Bitcoin, Ethereum on… Source link
Read More »If you Missed Ethereum in Early Stage, Bitgert is the Option
by Analytics Insight April 23, 2022 Several factors will make Bitgert the next Ethereum or give this cryptocurrency Ethereum -like gains. A huge chunk of crypto investors today missed Ethereum’s early entry, which made a lot of investors millionaires. Most of them have not gotten a chance to invest in such a project. But imagine buying a coin today that is in the exact state Ethereum was in 2015? That’s what Bitgert (BRISE) is offering. If you missed Ethereum’s early entry, Bitgert… Source link
Read More »3 Cryptos Designed For Heavy Pockets: Logarithmic Finance (LOG), Litecoin (LTC), NEAR Protocol (NEAR)
The crypto market sometimes proves to be more challenging for investors than the crypto developers. With a range of options available, one may find it difficult to pick the right crypto tokens for their portfolio. The key is to research and find a coin that suits the investor’s personal goals and vision of the financial timeline. To assist this research, here is a list of potential crypto tokens that could be a brilliant addition to an ideal crypto portfolio. Logarithmic Finance (LOG) is a… Source link
Read More »Trapped longs ready to plunge
Bitcoin price is likely to collapse as smart money has trapped longs. Ethereum price action shows concerning sell signals. XRP price action is most optimistic, the invalidation levels are vital. The cryptocurrency market is in an unfortunate spot. Traders may have been enticed to jump the gun following Monday’s rally, which played right into smart money’s game plan as they are still in control of the downtrend. Bitcoin, Ethereum and XRP price could experience… Source link
Read More »Bailout Fund, Backstop or Bouncy Ball? Here's How LFG's Bitcoin 'Reserve' Might Work – CoinDesk
“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
Read More »Bitcoin follows fresh US stocks dive as analysis ‘expects’ BTC price to take $37.5K liquidity
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
Read More »Ethereum price needs to move past a key level to retest $3,700 – FXStreet
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