Bitcoin analyst 'optimistic' of buying BTC lower as 3 trendlines fail
BTC price heading under $66,000 costs Bitcoin bulls several daily moving averages — and few see a snap recovery coming next.
Related Posts
Elon Musk’s Twitter investment puts a 150% rally into play for Dogecoin
Dogecoin (DOGE) continues its rebound move four weeks after bottoming near $0.10 and is now promising more upside moves in Q2/2022.Dogecoin price nears two-month highsDOGE's price had risen by nearly 6.5% week-to-date to $0.15 a token. The coin's recent gains surfaced after Elon Musk disclosed his $3-billion stake in Twitter on Monday, reiterating his influence…
Crypto Asset Brokerage From Uber’s Ex-CTO Goes Public on Canadian Exchange
Crypto asset brokerage Voyager Digital — co-founded by the ex-CTO of Uber — has gone public on Canada’s TSX Venture Exchange. The news was announced in an official tweet from Voyager on Feb. 11.Shares are traded under ticker symbol VYGR.V, as a company blog post outlines.The listing comes following the completion of a so-called reverse…
Ordinals Litecoin fork took one week and was ‘quite simple,’ says creator
The creator of a Bitcoin Ordinals protocol fork that works on Litecoin said he did it all for a crypto bounty of a few thousand dollars. 426 Total views 7 Total shares Own this piece of history Collect this article as an NFTA small monetary bounty and an aptitude for coding were all it took…
Top 5 cryptocurrencies to watch this week: BTC, DOT, UNI, LINK, XMR
Bitcoin (BTC) has continued to trade near the $55,000 level. The sharp rally in Bitcoin has pushed its market dominance from 40.70% on Sep. 12 to about 45% today. This shows that the strong recovery in cryptocurrencies has largely been led by Bitcoin. This sharp run-up in Bitcoin has pushed the Fear and Greed indicator into…
3 Technical Factors Point to a Bitcoin Price Correction After Halving
The Bitcoin (BTC) price has seen a strong recovery to $9,887 since mid-March, rising by more than $6,000 within a span of two months. The rapid upsurge was caused in anticipation of the block reward halving that is set to occur on May 12.The halving will continue to be the main narrative around the Bitcoin…
Thailand launches retail CBDC pilot with 2 banks and Singapore payment service
The project, delayed from last year, will enlist bank employees and nearby businesses for the pilot. Each payment provider has launched its own app. The Bank of Thailand will launch a retail central bank digital currency (CBDC) pilot project in a regulatory sandbox this month. Three payment providers will take part, according to local media.…
China’s central bank to expand deployment of e-CNY
Over 4,567,000 merchants across the country now accept the e-CNY as payment. According to China's state institution Xinhua News Agency, Lan Zou, head of monetary policy at the People's Bank of China (PBoC), announced that the country would be expanding the number of digital yuan (e-CNY) test sites in the country from 11 to 23.…
Bitcoin Futures Traders Bet on Bullish Price Action, but Not Too Fast
Bitcoin (BTC) futures trading has been on a high since July 21 with both the Chicago Mercantile Exchange and Bakkt seeing sizeable increases in volume and open interest for their contracts. This resurgence in BTC futures comes as the spot market value of the largest crypto by market capitalization reached a new 2020 high.Two months…