Bitcoin price extended its recovery above the $36,000 zone against the US Dollar. BTC topped near $36,700 and it is now correcting gains. Bitcoin started a fresh increase above the $35,000 and $36,000 resistance levels. The price is now trading nicely above $35,000 and the 100 hourly simple moving average. There is a major bullish…
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Ethereum has been struggling a lot in the past months. Following the general crashing pattern of the market in recent months. The coin reached a new high of over $4,000. Before falling back down following the market crash over a month ago. Losing over 50% of its value in a matter of weeks. But despite…
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Bitcoin price is trading at around 50% down from 2021 highs set around the Coinbase stock market debut. According to data, the rally fueled by institutions finally getting into crypto came to an end by the same entities who drove up prices in the first place. Here’s why institutions left the crypto market and retail…
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According to a Bloomberg report, Sam Altman has a new startup and is looking to give everyone on earth free money, but there is a catch: you must let them scan your eyeballs. Altman was a former partner at Y Combinator, a “startup accelerator” platform that has helped launch thousands of companies. Altman left Y…
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On Monday, analysts Barry B. Bannister and Thomas R. Carroll at the equity trading desk of investment bank Stifel, predict in their call of the day that Bitcoin could fall to as low as $12,000 in the coming months. In the financial market roundup article from MarketWatch, it is mentioned, Other casualties that Bannister and…
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Centralized Finance (CeFi) is the fundamental model of the traditional financial ecosystem, which comprises stakeholders such as monetary oversight bodies, regulators and financial institutions. As such, all these stakeholders work in collaboration towards sustaining sound financial markets. Despite its value proposition in traditional finance, the CeFi model has come under constant criticism due to its…
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The bulls are given signs of conviction, as Bitcoin reclaims more ground. At the time of writing, BTC’s trades at $36,267 with sideways movement in the 1-hour chart and moderate gains in the 7-day and 30-day chart with 14.2% and 4.2%. BTC pushes into resistance in the daily chart. Source: BTCUSD Tradingview Some traders have…
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Bitcoin never leaves the news these days, with every new story or major mention having the ability to move the price, from crypto crackdowns to Elon Musk airing his thoughts on Twitter. Yet, one thing is for sure and that is that while Bitcoin bulls may call the crypto Bitcoin Gold, and see it as…
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Craig Wright has won a copyright lawsuit over the Bitcoin Whitepaper following the defendant’s refusal, Bitcoin.org operator “Cøbra,” to affect a defense. The self-proclaimed BTC owner and BSV advocate plaintiff have since launched a legal campaign against bitcoin.org. Craig Wright’s disgruntlement lays claims to copyright violation on the part of the informational website for publishing…
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What’s a good reason to buy Bitcoin? Well, the fact that it’s not going to crash is a good one. Looking at the charts can tell you a lot about what you need to know about a coin. Bitcoin is over a decade old by now. This means that there is now a bit of…
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