Bitcoin

Cryptocurrency exchange Huobi Global has integrated Mizar

According to official news, cryptocurrency exchange Huobi Global has integrated Mizar. Mizar is known to be a subscription-free next generation trading platform that allows traders to find strategies to safely allocate funds and launch assets using various trading tools. 1, BTC The opening price was 21160.39, the highest price was 21668.85, the lowest price was …

Cryptocurrency exchange Huobi Global has integrated Mizar Read More »

Bitcoin is unlikely to recoup the $30,000 mark anytime soon, according to billions of investors

The billionaire investor also doesn't expect any major bull market in cryptocurrencies this year due to the Fed's rate hike. Billionaire American investor and cryptocurrency mogul Mike Novogratz is pessimistic about the ability of Bitcoin to climb to the $30,000 mark again soon. The founder and CEO of the cryptocurrency investment firm, Galaxy Digital, has …

Bitcoin is unlikely to recoup the $30,000 mark anytime soon, according to billions of investors Read More »

Bitcoin reversed direction and made a strong U-turn, with $2W1 providing significant support

Bitcoin recently started to rebound, rising 1.7% to above $23,300, snapping a five-day losing streak. The largest cryptocurrency by market capitalization has surpassed its 50-period index moving average (EMA) of $23,214.50 and is within its 10-period moving average as it has also surpassed its 50-period moving average. Prices above moving averages and moving average crossings …

Bitcoin reversed direction and made a strong U-turn, with $2W1 providing significant support Read More »

Bitcoin Price prediction: The basic line in the sand

As the price rises, Bitcoin prices show marked divergence and a drop in trading volume. Bitcoin prices are still below Glassnode's difficulty ribbon chain indicator. BTC prices remain largely bearish until they break above $30,000. Bitcoin prices show that fundamentals may move away from the market until higher targets are reached. Nonetheless, traders should always …

Bitcoin Price prediction: The basic line in the sand Read More »

The world's largest public holding of bitcoin is 51% shorted

MicroStrategy, the world's largest public company by holdings of bitcoin, is shorting a record 51% of its shares as investors skeptical of the company's Bitcoin strategy believe the recent rally in its shares won't last. MicroStrategy's short position is a record 51% of shares outstanding, with a notional value of $1.35 billion, according to S3 …

The world's largest public holding of bitcoin is 51% shorted Read More »

Bitcoin technical analysis: Dollar weakness boosts BTC/USD rally

Cryptocurrency talking points: Bitcoin's recovery stalled after a two-week rally BTC/USD enters the confluence zone between key Fibonacci levels The weak dollar has boosted demand for alternative assets Bitcoin's rally is muted by technical resistance Bitcoin traded lackluster after failing to gain traction above $24,000. Risky assets rebounded from their recent rout, pushing the total …

Bitcoin technical analysis: Dollar weakness boosts BTC/USD rally Read More »

Why are bitcoin prices reacting to U.S. interest rates?

While inflation figures in the US have been rising month on month to near double digits, the country's Federal Reserve has continued its strategy of tightening monetary policy. The medium-term goal is to stimulate savings and control inflation by gradually raising interest rates, which makes it more expensive to obtain credit. The US monetary authorities …

Why are bitcoin prices reacting to U.S. interest rates? Read More »

Scroll to Top