Bitcoin Cash Sends Bitcoin Traders a Cautionary Signal Regarding the Halving Event

Bitcoin Cash Sends Bitcoin Traders a Cautionary Signal Regarding the Halving Event
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2024-4-14 22:26

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bitcoin regarding halving event signal cautionary cash

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This On-Chain Data Suggests Unannounced Companies are Accumulating Bitcoin

The crypto community was ablaze with joy after news broke regarding Square’s decision to buy Bitcoin to hold as a reserve asset This decision came about just months after MicroStrategy made a similar choice, albeit on a larger scale If this trend gains steam as the dollar continues seeing unprecedented inflation, it could be a catalyst for massive BTC upside The significance of this should not be understated, but data seems to indicate that Square […]

2020-10-10 02:00


Bitcoin Could be Coiling Up for a Move Past $11,000 Due to These Events

Bitcoin’s price has been seeing an incredibly tight bout of consolidation throughout the past 24-hours, forming a $50 trading range as it stays within the mid-$10,500 region This has created an air of uncertainty regarding where it may trend next, as it could easily see a swift move in either direction That being said, the cryptocurrency’s ability to find stability in the face of a barrage of multiple bearish news developments is positive One trader […]

2020-10-4 19:00


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Bitcoin Could Plunge to Sub-$10,000 Before Rocketing Higher; Here’s Why

Bitcoin is flashing some signs of short-term strength as it rebounds from its daily lows This rebound, although strong, has not been enough to send it past any crucial support levels as of yet It also led BTC to see a strong rejection at just below $11,600, which is a sign of weakness behind this movement This rally came about as macro assets responded bullishly to the Fed Chairman’s speech regarding the Fed adopting a […]

2020-8-28 02:00


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Democrats Ask Trump Administration To Provide Further Details On Recent Largest-Ever Seizure Of Terrorist Groups’ Bitcoin

Two United States House Democrats have reportedly asked the White House to provide more details on the recent seizure of cryptocurrency connected to major terrorist organizations. According to a recent report, US Reps Josh Gottheimer and Emanuel Cleaver requested that further information regarding the seizures be availed.

2020-8-27 00:58


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Cameron Winklevoss Says US Dollar Has Become “Funny Money” And A Bitcoin Endorsement. Here’s Why

In a meeting on Thursday evening, White House and Democrats failed to come to a consensus regarding a suitable coronavirus stimulus package. According to Gemini co-founder Cameron Winklevoss, the failure of the three-hour negotiations to yield a major relief deal for the United States shows that the dollar has become “funny money” and an endorsement […]

2020-8-8 23:07


Why Analysts are Bullish on Bitcoin Despite Close Beneath Key $11,700 Level

Bitcoin has been flashing some mixed signs to investors as of late Despite seeing intense bullishness throughout the past week as it rallied from the lower-$10,000 region to highs of $12,000, analysts still remain cautious regarding where it may trend next Their present lack of bullishness is rooted in the cryptocurrency’s inability to close its weekly candle above $11,700 This is a historically important level that analysts were closely watching over the past couple of […]

2020-8-4 21:00


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VISA Head Of Crypto Deconstructs Issues Regarding CBDCs and Effects on Bitcoin Adoption

Through a series of tweets on his official twitter account published on July 4, VISA Head Of Crypto, Cuy Sheffield, shared his thoughts on central bank digital currencies (CBDCs). According to him, CBDC is one of the most important trends for the future of money and payments over the next decade. Sheffield stated that regardless […]

2020-7-6 01:19


Economist: Bitcoin Remains a “Risk On” Asset After Reacting to Payroll Data

Bitcoin saw some slight turbulence over the past few days, with its price rallying as high as $9,300 before facing a rejection that caused it to slide beneath $9,000 for a brief period. This volatility appeared to be directly linked to news regarding US payroll numbers, signaling that the cryptocurrency presently remains highly correlated to […]

2020-7-4 05:00


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Bitcoin Buyers Defend Crucial Support Level, Boosting the Bull Case

Bitcoin and the aggregated cryptocurrency market have been caught in the throes of an unrelenting consolidation phase over the past few weeks This has muddied the clarity that many analysts previously had regarding the strength of the market’s multi-week uptrend It does appear that buyers got a much-needed boost overnight, however, as bulls were able to post a potent reaction to its key support Analysts are now eyeing a few key factors for insight into […]

2020-6-20 21:00


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Holding Above This Key Level Could Send Bitcoin to $14,000; Will This Happen?

Bitcoin’s consolidation phase has muddied the clarity that many investors had regarding the strength of its uptrend Because the resistance that has been laced just above BTC’s current price has proven to be insurmountable, it remains unclear as to what could push the crypto past this level Analysts still believe that the crypto’s outlook could be extremely bright In order for it to validate its potential strength, however, it is imperative that buyers push it […]

2020-6-12 02:00


Why BitMEX is Back Under Scrutiny Following Bitcoin’s Rejection at $10.4k

Following Bitcoin’s brutal dump at $10. 4k, the inquest into what went wrong is taking place now. Theories regarding whale manipulation consistently make the rounds during such times. But a more tangible explanation alleges that manipulation at derivatives trading platform BitMEX contributed heavily to the losses sustained yesterday.

2020-6-4 16:36


Nearly 10% of Bitcoin’s Current Supply is Dormant; Why This Matters

Data shows that nearly 10% of Bitcoin’s total circulating supply is dormant, meaning that it has not been touched for over 10 years This data boosts the narrative regarding Bitcoin’s scarcity, as its actual supply may be far lower than previously thought The heightened scarcity this provides Bitcoin also bolsters the cryptocurrency’s macro outlook, as economic models that rely on the crypto’s scarcity suggest that it will soon see some significant upside Bitcoin’s fixed scarcity […]

2020-5-26 21:00


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Here’s the Simple Reason Bitcoin May Not Set Six-Figure Highs Anytime Soon

There have been a plethora of lofty predictions circulating throughout the crypto industry regarding just how high Bitcoin could rally in the years ahead Although many investors are calling for a six-figure BTC in the near-term, one analyst is noting that the daily volume required to push the crypto into this region would be too significant The lack of organic money flowing into the market is another major factor that could stop these predictions from […]

2020-5-5 02:00


Warren Buffett Can Technically Buy All Circulating Bitcoin Today, But Not Really

Because of the relative youth of Bitcoin, the market surrounding it still remains somewhat small, with a total size of $164.5 billion To keep this in perspective, Warren Buffett has approximately $137 billion, meaning that he is just a hair short from (theoretically) being able to buy every circulating BTC The math regarding this possibility is a bit deceiving, however, as it is premised on the notion that the market dynamics of supply and demand […]

2020-5-3 22:00


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Hedge fund manager who told you to sell Bitcoin at $10,500 is once again calling the top

Thomas Thornton, the head of Hedge Fund Telemetry, has made the headlines for his accurate predictions regarding the direction of Bitcoin’s trend. Relying on the Tom Demark (TD) sequential index, the former portfolio manager forecasted some of the most profitable tops and bottoms that the flagship cryptocurrency has had over the past months.

2020-5-1 20:00


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Cardano founder Charles Hoskinson: Bitcoin (BTC) is an example of low development velocity

Charles Hoskinson, the CEO of Cardano (ADA) parent IOHK, went to YouTube to answer questions regarding the recent launch of the Daedalus wallet and the current state of the Cardano network. Hoskinson said that Daedalus has been a tremendous success, the only issues due to sync times happening to users with older Windows operating systems.

2020-4-28 22:00


Will Bitcoin become worthy investment thesis for 'crypto-curious' institutional investors?

Over the past few years, there has been increased interest regarding cryptocurrencies such as Bitcoin. What was earlier a disruptive form of currency endorsed by tech enthusiasts is now gaining tractiThe post Will Bitcoin become worthy investment thesis for 'crypto-curious' institutional investors? appeared first on AMBCrypto.

2020-4-12 22:30