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Bitcoin price is trading in the mid-$40,000 range, unable to get through $50,000 but still holding strong the higher the recovery goes. The series of higher lows continues, potentially creating another base for the cryptocurrency to blast off from. This base would mark the third out of four before the “selling point” according to how parabola works in financial markets. But this is all contingent on Bitcoin price holding a very crucial curved support line, extending from the asset’s bear market bottom. Take a look. Will The Bitcoin Parabola Break…
The Federal Reserve chairman Jerome Powell has directed his staff to start an ethics inquiry into the financial activities of Fed members, as a number of senior central bank officials are being questioned for their investments. Reports indicated last week that the president of the Dallas Federal Reserve branch, Robert Kaplan, benefitted from “multiple million-dollar-plus stock trades” in 2020. Fed Presidents Profit From Multiple Million-Dollar Stock Deals Members of the Federal Reserve seem to have a mess to deal with as politicians and the media have called out a few…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Learn how you can start using your Pi Network coins at a fixed value of $100 per Pi coin even if your account is not yet KYC verified! 🔴 How To Start Using Your Pi Coins for $100 per coin? 1. Join “The Pi Lifestyle” Discord server at 2. Read the posts in #welcome and #wish-to-join-the-economy-start-here channels and follow the instructions 3. Consider joining our community Discord as well at 4. Let me know which topic you want to see next 👉…
Bitcoin’s (BTC) recovery is facing stiff resistance near $48,500, indicating that bears are active at higher levels. By combining the popular stock-to-flow Bitcoin price model and the illiquid supply data, analyst William Clemente projects $39,000 to act as a strong floor on any declines. On the upside, analysts remain bullish. Bloomberg Intelligence chief analyst Mike McGlone has maintained his target of $100,000 for Bitcoin. McGlone said that a number of different charts underline the bullish potential for Bitcoin. Daily cryptocurrency market performance. Source: Coin360 Along with Bitcoin, Ether (ETH) is…
Welcome to the latest edition of Cointelegraph’s decentralized finance, or DeFi, newsletter. Despite Cardano founder Charles Hoskinson’s claim that the DeFi space is now “up for grabs,“ it was rival Vitalik Buterin who stole the headlines this week with a feature in Time Magazine. What you’re about to read is the smaller version of this newsletter designed for brevity. For the full version of DeFi’s developments over the last week — released a whole lot quicker than Cardano’s smart contracts — drop your email below. Buterin’s Time to Shine Ethereum…
2021 has been a wild ride for the cryptocurrency market as Bitcoin shocked its naysayers by setting a new record high at $64,863, and the DeFi and NFT sector made headlines around the world. Crypto traders need to be wary of times like these because the notoriously volatile nature of the cryptocurrency market can see vast fortunes wiped out in a matter of hours or days once the trend shifts. According to Charlie Burton, veteran trader and the co-founder of Ezeetrader, this is when it is important for every trader…
Bitcoin analyst says new ATH in October is likely as on-chain data shows stablecoins may have started to pump into BTC. Stablecoins Reserve Starts Moving Down, Bitcoin To Reach New ATH In October? As explained by an analyst on CryptoQuant, after staying at highs, the stablecoins reserve has finally started a decline. Based on this and a couple other indicators, the quant believes there is a high probability we will see a new Bitcoin all time high (ATH) in October. The stablecoins exchange reserve is an indicator that shows the…
Bitcoin analyst says new ATH in October is likely as on-chain data shows stablecoins may have started to pump into BTC. Stablecoins Reserve Starts Moving Down, Bitcoin To Reach New ATH In October? As explained by an analyst on CryptoQuant, after staying at highs, the stablecoins reserve has finally started a decline. Based on this and a couple other indicators, the quant believes there is a high probability we will see a new Bitcoin all time high (ATH) in October. The stablecoins exchange reserve is an indicator that shows the…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Cathie Wood: This Can Trigger Bitcoin and Tesla Price to Skyrocket | Bitcoin Price Prediction! Cathie Wood of Ark Invest — who has become one of the more influential voices on Wall Street and is a major backer of Tesla (TSLA) — and two other titans of growth investing, who shared their investment insights Thursday. “We’ve seen higher valuation stocks hit hard this year. But the growth for these innovative companies will still be treated well over time,” Wood said during a…