Bitcoin price just broke below $7,000 Monday morning after a late Friday evening rally pushed the asset over the key level for the weekend.However, coronavirus concerns have returned to traditional markets, causing major turbulence to kick off the day, which may have also caused Bitcoin to tumble. Could a repeat of last month’s mayhem and…
In this episode of NewsBTC’s daily technical analysis videos, we examine how Bitcoin is trading against other currency pairs and not USD. We also look at BTC against WTI Crude Oil and the S&P 500. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): September 28, 2022 The market continues to be shaken…
Crypto coins exhibited exponential growth through the years, raising attention to the crypto space. There was no correlation between crypto performance and the conventional stocks of different commodities. However, all that seems to be fading into thin air from the recent activities and trends of digital assets. The chief economist of Coinbase, a crypto exchange,…
Este artículo también está disponible en español. An OG Bitcoin advocate made a bold forecast that demand for Bitcoin will increase rapidly in the near future, bolstering the estimates of some crypto experts that BTC is on a trajectory to hit the six-figure level. OG, short for “original gangster” or “original gangsta,” is a slang…
They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits…
Central banks aren’t buying it. Billionaire investor Ray Dalio doesn’t trust it as a safe haven. And Bitcoin is trading 44% below its October peak while gold sits near all-time highs. Related Reading That’s the backdrop against which Bitwise Asset Management’s chief investment officer is making the case that Bitcoin could still reach $1 million…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Crypto…
Bitcoin (BTC) is hanging around $74k, still respecting the post‑shock range and struggling to clear recent highs. Bitcoin Range Holds Today’s QCP Market Colour reports that “the damage has been fairly contained”: the broader crypto market is soft compared with November–January, but continues to be under pressure, as other macro‑sensitive risk assets have fallen harder,…
A war in the Middle East has turned a decade-old energy security warning into an emergency. For two countries that quietly dismantled their refining industries, the reckoning has arrived. On the morning of February 28, the Strait of Hormuz — a strip of water barely 33 kilometres wide at its narrowest point, through which a…
Oil is behaving like oil in a war should behave. With the Strait of Hormuz effectively shut and around a fifth of global oil flows caught in the line of fire, crude has surged to levels not seen in roughly two years. Reuters reported that U.S. crude jumped more than $10 in a single day,…