Bitcoin monthly close, fresh bullish narratives lead BTC traders to aim for new price highs

Fifty-one days have passed since Bitcoin (BTC) last closed above $24,000, causing even the most bullish trader to question whether a sustainable recovery is feasible. However, despite the lackluster price action, bulls have the upper hand on Friday's $510 million BTC options expiry.Bitcoin index/USD 1-day price. Source: TradingViewInvestors have been reducing their risk exposure as…

One of the largest Brazilian banks, Bradesco, has notified crypto exchange Bitblue that its banking accounts will be closed late February, local crypto outlet Portal do Bitcoin reported on Feb. 13.As the outlet has learned from unnamed industry insiders, Bitblue will face the closure of its accounts in Bradesco on Feb. 26. Moreover, the decision…

The world of decentralized finance (DeFi) suffered yet another incident on April 19 as Chinese lending platform Lendf.me, part of the dForce network, was drained of almost all of its funds. The hack is shaping up to be different from others, as the hacker seems to be negotiating with the founders of the protocol.As reported by…

According to some addiction experts, the high-stress environment of cryptocurrency trading can provide a perfect environment for substance abuse. by Mitch Eiven 6 min November 22, 2023 Share Share Share Share Although documented statistics about cryptocurrency trading and substance abuse are hard to come by, addiction experts are treating an increasing number of crypto traders.

Poloniex says it will start resuming deposits on Nov. 30 with TRX, the cryptocurrency of Justin Sun’s Tron blockchain. 145 Total views 1 Total shares Cryptocurrency exchange Poloniex is preparing to resume withdrawals and deposits after suffering a $100-million hack on Nov. 10.Poloniex took to X (formerly Twitter) on Nov. 29 to announce that it

As part of a broader inquiry into FTX's collapse, federal prosecutors are looking at the role that FTX and Alameda may have played in the fall of Terra LUNA. 1335 Total views 7 Total shares Own this piece of crypto history Collect this article as NFTUnited States federal prosecutors have reportedly begun investigating whether the…

The company said the move was aimed at giving customers “more choice and flexibility" to purchase crypto. 433 Total views 1 Total shares Payment provider company PayPal now allows U.S.-based users to purchase up to $100,000 in crypto weekly.In a Thursday announcement, PayPal said it had increased the crypto purchase limit for certain customers based…

CEO Michael Saylor said the firm didn't intend to slow down the rate of its Bitcoin acquisitions after buying another $1 billion worth of BTC. 2461 Total views 31 Total shares Business intelligence firm MicroStrategy increased its Bitcoin (BTC) holdings by 27% on Feb. 24, after purchasing an additional 19,452 coins, taking its total BTC…

Bitcoin (BTC) traders are desperate for fresh BTC price volatility, but opinions are diverging on when it will come.BTC/USD is currently seeing some of the least volatile conditions in its history, price metrics show.Volatility far from guaranteedSince the FTX crisis, Bitcoin has settled into a historically narrow trading range which refuses to budge.Despite macro triggers,…