Analysts say Bitcoin’s strong rejection at $44,000 is further proof that derivatives markets play a significant role in the asset’s price dynamics.
Bitcoin News
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Bitcoin NewsBlockchain News
Bitcoin cycle is far from over and miners are in it for the long haul: Fidelity report
In a jampacked report on digital assets, Fidelity asset management theorizes that miner movements indicate the Bitcoin cycle has a lot more room to run.
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Traders say Bitcoin run to $44K may be a relief bounce, citing a repeat of December’s ‘nuke’
A sense of foreboding characterizes the market even after inflation data sparks solid intraday gains for BTC/USD.
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“Next-generation talent is essential to further transform our region into a hub for up-and-coming tech innovators and businesses,” said Blockchain Center of Excellence director Mary Lacity.
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Bitcoin NewsBlockchain News
Price analysis 1/12: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, DOT, AVAX, DOGE
Bitcoin and most major altcoins have started a strong recovery that could reach overhead resistance levels where bears may mount a strong defense.
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Iran is reportedly looking to unlock opportunities for importers and exporters to use crypto in international deals.
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Bitcoin price surges to $43K, but traders warn that ‘real pain’ is due for altcoins
Even with the abrupt surge to $42.3K, traders warn that Bitcoin and altcoins are still in for “real pain” if the current macro perspectives remain the same.
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Bitcoin NewsBlockchain News
Was $39,650 the bottom? Bitcoin bulls and bears debate the future of BTC price
BTC bulls seem to believe the bounce off $39,650 marked the bottom, but bears warn that a looming death cross on the daily chart is a sign of further downside.
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Investor Bill Miller is betting big on Bitcoin, allocating 50% of his personal net worth to BTC and related equity.
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“Our guiding company strategy at Bitfarms is to accumulate the most Bitcoin for the lowest cost and in the fastest amount of time for the benefit of our shareholders,” said founder and CEO Emiliano Grodzki.