‘Crypto is not going anywhere’ — Florida chief financial officer

Sovereign pension funds are increasingly seeking exposure to Bitcoin following the introduction of spot ETFs in the United States.

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BITCOIN PRICE ANALYSIS & PREDICTION (September 17) – BTC Loses Grip Above $60k Following 5% Drops, Where Next? 

Last week’s trading was impressive as Bitcoin recovered from $52k, although it encountered resistance and is now losing momentum. Sentiment is now negative following a strong sell since yesterday.

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BTC price settles following SEC’s spot Bitcoin ETF delay

A Bitcoin correction came following mid-week gains driven by positive regulatory news. However, the coin failed to break through the significant resistance point of $30,000.

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Bitcoin Cash Price Analysis: 16 April

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Bitcoin Cash has seen strong bullish momentum right from the lasThe post Bitcoin Cash Price Analysis: 16 April appeared first on AMBCrypto.

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Aftermath Of Coinbase Listing: Impact On Bitcoin So Far

Undoubtedly, the financial and cryptocurrency news will be approached from different angles following the Coinbase listing. However, the summary of the whole story has the following impacts on Bitcoin.

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What the forks? Bitcoin Cash and Ethereum Classic see triple-digit rallies

Following Dogecoin’s lead, Ethereum Classic rallied to a new all-time high and Bitcoin Cash doubled as altcoin forks have started to gain traction.

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Bitcoin Mining Pool Hashrates Plummet Following North-West China Blackouts

In a tweet earlier today, a Chinese journalist who goes by the handle @WuBlockchain attributed the Bitcoin hashrate declines to a blackout in Northwest China. The blackout was reportedly put in place for safety inspections.

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Bitcoin Holders Accumulating BTC Once Again Following Six-Month Sell-Off

Bitcoin holders appear to be accumulating more Bitcoin following the recent rally, which saw long term holders decreasing their position sizes. The post Bitcoin Holders Accumulating BTC Once Again Following Six-Month Sell-Off appeared first on BeInCrypto.

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EOS Price Analysis: 15 April

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice The cryptocurrency market is surging once again, with Bitcoin, tThe post EOS Price Analysis: 15 April appeared first on AMBCrypto.

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Bitcoin on Edge as it Awaits First Coinbase Trade

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XRP, SUSHI, Dash Price Analysis: 13 April

Following weeks of steady, sideways movement, Bitcoin, the world's largest cryptocurrency, finally breached its previous ATH to register a high of over $63,213 on the charts. Understandably, BTC's movThe post XRP, SUSHI, Dash Price Analysis: 13 April appeared first on AMBCrypto.

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Liquid Index Series April 2021 Quarterly Review

Brave New Coin Index Governance Committee announces the following items discussed during the BNC April 2021 Quarterly Index Review. This change will affect the Bitcoin Liquid Index (BLX), Ethereum Liquid Index and XRP Liquid Index (XRPLX).

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Bitcoin: Should retail traders expect a price hike?

Bitcoin's large wallet inflows signal a bullish trend reversal in the following week. The price is currently around the $60000 level, however, with the increasing trade volume across spot exchanges, aThe post Bitcoin: Should retail traders expect a price hike? appeared first on AMBCrypto.

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Is Bitcoin Following S2F Model? How a $200K Top Could be in Sight

Is Bitcoin a commodity? It is, according to most regulatory agencies including the CFTC. But is Bitcoin a store of value (SoV) commodity? That seems to be the current consensus. Most of the investors are treating it as so, and calling it “Gold 2.

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Bitcoin Surge Has Kraken Considering Direct Listing

Cryptocurrency exchange Kraken is reportedly considering following in Coinbase’s footsteps and conducting a direct public listing.

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Binance Coin, Ethereum Classic, Dogecoin Price Analysis: 09 April

While the first few days of April did see Bitcoin, the world’s largest cryptocurrency, climb up the charts, the last few days have seen BTC resort to sideways movement following its failure to breacThe post Binance Coin, Ethereum Classic, Dogecoin Price Analysis: 09 April appeared first on AMBCrypto.

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Bitcoin Adoption Grows Following Lightning Network’s Nodes Doubling

The mainstream adoption of Bitcoin (BTC) may soon be a reality following the Lightning Network’s nodes doubling. Bitcoin’s Scalability Issues Data from Bitcoin Visuals suggests that the number of Lightning Network nodes grew from 4,000 – 5,000 between April 2019 and April 2020 before skyrocketing to over 10,000 this month. The growth stems from theRead More

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Tesla’s landlord accepts crypto — Will Elon Musk pay rent in Bitcoin?

Elon Musk will accumulate Bitcoin, but will he spend it? The Tesla CEO now has the chance to pay his rent in BTC following its adoption by the real-estate firm he uses.

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Crypto sentiment falls even as Bloomberg tips Bitcoin will hit $400K

Despite apparent sentiment shifts following this week’s price dip, experts are predicting Bitcoin will potentially reach $400,000 eventually.

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Chinese Lottery Firm Rebrands, Purchases Bitcoin Mining Rig Manufacturer for $100 Million

Following the acquisition of the Chinese mining pool Btc. com, the China-based lottery company 500. com revealed the purchase of a bitcoin mining rig manufacturer Bee Computing. The Shenzhen firm purchased the semiconductor and mining device manufacturer for roughly $100 million in a share exchange agreement.

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Ukrainians Own 45,000 Bitcoins

Civil servants, policemen, diplomats, and overall 652 Ukranians have declared they own bitcoin and other cryptos following a law that requires declaration of crypto holdings. Overall 46,351 bitcoins have been...

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Bitcoin whales on the defense, this is how BTC could climb to new highs

After spending weeks moving sideways, BTC price seemed to be close to a new high. However, the cryptocurrency seems to be stuck just below the resistance level at $60,000. Analyst Ben Lilly has published a report in which he determines what has caused the stalemate and how BTC has a “bullish combination” for the following […]

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Bitcoin Miners Net Position Turns Positive: Is A Rally to New Highs Overdue?

After weeks of gut-wrenching volatility, the start of April has been much kinder to Bitcoin. Following a record-breaking $6. 4b options expiry, Bitcoin’s price action has been far less volatile in the past few days.

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Musk Endorsements Bring Eyes to Crypto, Helping Grow Coin Legitimacy

The news that Tesla took a $1. 5 billion position in bitcoin (BTC) has been a watershed moment for the cryptocurrency industry. For those who have been following crypto for a number of years, it has been recognized that crypto is being taken seriously by sophisticated financial minds.

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Canada's Purpose Bitcoin ETF may be cutting into Grayscale's market share

Following the launch of Canada’s first Bitcoin ETF, shares in Grayscale’s Bitcoin Trust have spent an entire month trading at a discount compared to spot BTC for the first time.

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Tezos Price Analysis: 01 April

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice The correlation between Bitcoin and Tezos has been rising since The post Tezos Price Analysis: 01 April appeared first on AMBCrypto.

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Bitcoin Price Analysis: 01 April

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Bitcoin, the world's largest cryptocurrency, broke out past a stThe post Bitcoin Price Analysis: 01 April appeared first on AMBCrypto.

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Bitcoin (BTC) price returns to $60,000 – Here are levels to watch

Bitcoin (BTC) price is up over 6% as buyers approach the $60,000 handle following a series of positive developments coming from the major financial institutions.   Fundamental analysis: Goldman the latest to embrace crypto Goldman Sachs became the latest major financial player to enter the crypto ecosystem.

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Ethereum price rallies: Up by 8% after last week’s losses

Ethereum price saw a strong drop late last week, following Bitcoin’s example. BTC was the one who led the drop due to approaching options expiration date, and Ethereum simply followed due to strong correlation.

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Market Roundup: Bitcoin Looking Bullish as ETH Jumps 8%

Bitcoin finally had an impressive day following the adverse price action seen last week. Monday saw bitcoin surge nearly 5%. BTC managed to hold $55,000 support and push closer towards $60,000 as it tagged $58,400.

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Cryptocurrency Market Calls for $70,000 as Bitcoin Bulls Struggle to Reclaim $58k

The cryptocurrency market is on the move today in the upward direction after recording losses in the last two weeks, which came following Bitcoin’s new all-time high at nearly $62,000. The green start of the week had BTC/USD going as high as $58,500.

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Bitcoin rallies to $58,000 while PancakeSwap (CAKE) crosses $6 billion TVL

Bitcoin surged on Monday following a choppy weekend that saw the asset plunge to as low as $50,290. The post Bitcoin rallies to $58,000 while PancakeSwap (CAKE) crosses $6 billion TVL appeared first on CryptoSlate.

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Bitcoin Weekly Forecast: BTC/USD Does Not Want to Move Below $50,000

Now, Bitcoin trades above $55,000 following a modest downside correction from its weekend top of $56,640 (data from Coinbase).

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New Zealand Fund Allocates 5% of Overall Investment to Bitcoin

KiwiSaver Growth Strategy, a retirement investment fund, invested 5% of its total investments into Bitcoin, joining the likes of Tesla and MicroStrategy. According to Stuff, a news agency in New Zealand, KiwiSaver bought the digital assets back in October 2020 when the asset was trading at around $10,000.

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U.S. Bitcoin Exchanges see no Increase in activity despite Stimulus Checks

Crypto exchanges have not witnessed increased trading activity following the recent $1. 9 trillion stimulus funding from the U. S government. This development has caught the attention of the crypto community with prior stimulus funding resulting in a surge of crypto purchases on exchanges.

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Market Roundup: Friday Bounce Sees Bitcoin Recover To $53,500 While Altcoins Rally

Following a tumultuous week for the crypto market, things finally appeared to be turning around on Friday. Thursday’s massive sell-off was greeted with green across the board on Friday. As bitcoin and the majority of altcoins, all gained on Friday.

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Argo Blockchain to launch clean energy Bitcoin mining pool

Hydroelectric energy will power a new Bitcoin mining pool following Argo's partnership with DMG Blockchain.

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Ethereum Price Analysis: 25 March

Disclaimer: The findings of the following article are the sole opinions of the writer and should not be taken as investment advice Bitcoin’s Options expiry on Friday, the 26th of March, would seThe post Ethereum Price Analysis: 25 March appeared first on AMBCrypto.

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Bitcoin Falls on Expiry Friday

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Significant Bullish Events That Tesla Accepting Bitcoin Payments Have Triggered

The Bitcoin price started correcting almost immediately after Elon Musk announced that Tesla can now be bought with Bitcoin. Bitcoin had initially dipped, losing around 4% at midday, and continued to correct downwards the following day.

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Chainlink Price Analysis: 25 March

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Although Bitcoin hit its all-time high on the charts only recentThe post Chainlink Price Analysis: 25 March appeared first on AMBCrypto.

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JMP Securities Expects $1.5 Trillion to Flow Into Bitcoin as Retail Wealth Management Industry Follows Morgan Stanley to Offer BTC to Clients

JMP Securities has predicted that “$1. 5 trillion of incremental capital” could flow into bitcoin, an amount greater than the cryptocurrency’s current market cap. The firm sees more wealth management companies following Morgan Stanley’s example to offer bitcoin to their clients.

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After BTC Slid by 14%, Onchain Analyst Says a US Based Institution Is Currently Buying the Dip

After setting a new all-time high (ATH) of $61,699 on March 13, bitcoin dropped to $53,300 on March 23, a decline of more than 14% in just ten days. However, following this latest drop, onchain analyst Willy Woo speculates that another institutional investor could be buying the dip.

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In Going Public, Coinbase Will Bring Bitcoin Exchanges To The Big Leagues

Following a momenumentous S1 filing, the cryptocurrency exchange Coinbase appears poised to shift the public perception of exchanges at large.

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Tezos, IOTA, VeChain Price Analysis: 23 March

Thanks to Bitcoin's latest price depreciation, most of the altcoin market was bleeding at press time. However, while the likes of Tezos were following the world's largest cryptocurrency down the priceThe post Tezos, IOTA, VeChain Price Analysis: 23 March appeared first on AMBCrypto.

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Google Searches For Bitcoin Explodes In Turkey After Lira Crash

Google searches for “Bitcoin” have soared in Turkey following the drop of the Lira against the US Dollar on Monday. Analytics has revealed that searches for “Bitcoin” on the popular search engine by Turkish residents shot up by 566% on Monday amidst reports of the Lira’s fall against the dollar. The Turkish Lira sank by […]

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Gold, Stocks, and Bitcoin: Weekly Overview — March 18

BTC Last week saw Bitcoin struggling to breach its previous all-time high of around $58,000, although it barely managed to achieve this by Friday, March 12. However, the following day saw a massive green candle shot BTC’s price past its old previous record.

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US Fed agency auctioned seized Bitcoin at 21% higher than the actual market value

Following the French government’s decision to sell 611 BTC in an auction this week, the United States government completed a Bitcoin auction recently. US General Services Administration, or GSA, aucThe post US Fed agency auctioned seized Bitcoin at 21% higher than the actual market value appeared first on AMBCrypto.

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VanEck’s Bitcoin ETF Application Gains Traction, Awaits Final SEC Verdict

The first American Bitcoin exchange-traded fund might hit the market this year. Investors are keeping their fingers crossed following a recent update from the US Securities and Exchange Commission in which VanEck’s ETF was acknowledged.

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