The Russian army officially entered Ukraine last night, while the global markets turned red, gold and oil broke the records of recent times. So, why did this political crisis between the two countries turn all markets from crypto to gold upside down?The long-standing tension between Russia and Ukraine has reached its peak in recent weeks … Read more
Vocal Bitcoin critic Peter Schiff has once again predicted that the flagship digital asset could crash, this time with some technical indicators. Schiff’s Doomsday Prediction for Bitcoin According to Schiff, Bitcoin is on the verge of experiencing another fall, as it has formed a critical pattern known as “Double Top,” suggesting a strong bearish move. … Read more
Some 300 banks are planning to roll out Bitcoin trading on mobile apps in the first half of 2022, according to a report this week by Bitcoinfinancial services firm that has already made some inroads into the banking sector, including a subcustody deal with US Bank. “While fintechs and crypto-native companies have the head start … Read more
There are thousands of pounds of bitcoin mining equipment still in transit from China to Texas, part of a multi-month caravan, as Texas Governor Greg Abbott makes courting the bitcoin industry a pinnacle part of his re-election campaign in 2022. Texans are broadly looking to pick up on China’s missed opportunity, as the Chinese government … Read more
Bitcoin’s (BTC-USD) arrival into the mainstream has seen companies like Microstrategy (MSTR), Block (SQ) and Tesla (TSLA) add the digital coin to their balance sheets — and spawned a new class of investors drawing all or part of their salary in cryptocurrency. But with Bitcoin slumping by nearly half since hitting a November high under … Read more
After Friday’s 11.41% rise, Bitcoin (BTC) held onto $41,000 levels on Saturday. Finding support at $41,000, which dips to a daytime low of $40,963, was key on the day. Last week’s tech stock defeat and week-end rebound contributed to the change in Bitcoin’s fortune. However, a number of negative factors remain for Bitcoin and the … Read more
Bitcoin (BTC) buyers were active over the past 24 hours as the cryptocurrency topped $40,000 for the first time in two weeks. Upside momentum is improving after technical indicators reached the most oversold levels since March 2020. BTC was trading around $40,500 at press time and is up 10% over the past 24 hours. Buyers … Read more