Tag Archives: btc

Will August Again Be A Drag For Bitcoin? Here’s What Historical Data Says

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In the Bitcoin and the overall crypto market, August has long been observed as a quieter month, with historical data showing a consistent downturn in both activity and asset value during this time of the year. Coinbase’s decrease in the market’s dynamism that characterizes the month. An Impending Major Dip For Bitcoin In August? The… Continue reading Will August Again Be A Drag For Bitcoin? Here’s What Historical Data Says→

Morgan Stanley Authorizes Advisors To Offer Bitcoin ETF Products, Report

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Morgan Stanley, one of the largest investment banks in the United States, has announced that it will soon allow its 15,000 financial advisors to offer Bitcoin ETF (exchange-traded fund) products to eligible clients.  Interestingly, this is the first time a major Wall Street bank has given its wealth management division the green light to promote… Continue reading Morgan Stanley Authorizes Advisors To Offer Bitcoin ETF Products, Report→

Could Bitcoin Outshine Gold? Trading Guru Weighs In On The Historic Financial Duel

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In the digital asset world, the only valid rival for Bitcoin asides Ethereum is often regarded as Gold. So far, many analysts and experts have continued to make comparisons between these two assets especially to see what price Bitcoin could trade at if it had the same market cap as Gold. Speaking on a similar… Continue reading Could Bitcoin Outshine Gold? Trading Guru Weighs In On The Historic Financial Duel→

Crypto Analyst Warns That Bitcoin Could Crash To $42,000 If This Happens

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In a recent price analysis, a crypto analyst has highlighted a crucial support level for Bitcoin (BTC), emphasizing the possibility for the pioneer cryptocurrency to plummet significantly to new lows if it fails to maintain certain key levels.  Bitcoin Risks Crash To $42,000 On August 1, the pseudonymous crypto analyst DonAlt price analysis and future… Continue reading Crypto Analyst Warns That Bitcoin Could Crash To $42,000 If This Happens→

‘Not All Hope Is Lost’: Crypto Analyst Weighs In On The Market’s Performance

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As the crypto market faces another drop, a pessimistic sentiment surged again. Some investors seem to fear that altcoins won’t take off this cycle and that they have lost their chance of profiting from the bull run. However, renowned analyst Altcoin Sherpa weighed in on the matter, suggesting that the market is set up to… Continue reading ‘Not All Hope Is Lost’: Crypto Analyst Weighs In On The Market’s Performance→

Fox’s Tucker Carlson Drops Bombshell: Did The CIA Create Bitcoin?

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The real identity of Satoshi Nakamoto, the creator of Bitcoin, has remained a mystery despite Bitcoin being a decade and a half old. It has become the best kept secret in crypto, leading to various theories of who the creator might be. Many theories have pointed to prominent figures, with software developer Craig Wright claiming… Continue reading Fox’s Tucker Carlson Drops Bombshell: Did The CIA Create Bitcoin?→

Research Firm Predicts Bullish Bitcoin Breakout For Q4: 4 Key Reasons

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Matrixport, a digital asset financial services group born from Bitmain, an industry leader in Bitcoin mining, projects a bullish breakout for Bitcoin in the upcoming fourth quarter of 2024. In their latest research report titled “Matrix on Target: Bullish Prospects for Bitcoin in Q4,” the firm provides four reasons to be bullish in the upcoming… Continue reading Research Firm Predicts Bullish Bitcoin Breakout For Q4: 4 Key Reasons→

Bitcoin Down But Not Out: BTC To $700,000 Highly Probable Says Analyst

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Bitcoin remains volatile at spot rates. Despite the spectacular recovery yesterday, August 1, the downtrend remains, at least for now. Specifically, looking at the candlestick arrangement in the daily chart, there could be more growth once prices break $70,000. Before then, traders are closely monitoring price action aware that there could be more losses, pushing… Continue reading Bitcoin Down But Not Out: BTC To $700,000 Highly Probable Says Analyst→

Bitcoin ETFs On A Buying Spree, Scoop Up Nearly 300,000 BTC Since January

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Regulated spot Bitcoin ETFs (exchange-traded funds) in the United States have seen a resurgence in inflows following significant selling pressure over the past two months that sent the largest cryptocurrency on the market to a 6-month low of $53,500 on July 5. Bitcoin ETFs And Institutions Now Control 9% Of Total Supply Data from analytics… Continue reading Bitcoin ETFs On A Buying Spree, Scoop Up Nearly 300,000 BTC Since January→

Would Bitcoin Fall Below $60,000 Again? Analyst Reveals A Concerning Trend For BTC

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Amid the continuous blend of bulls and bears from Bitcoin in recent months, Trading Guru Peter Brandt has shared in his latest downward trend. The legendary trader said in a recent post on Elon Musk’s social media platform X: “The series of lower highs and lower lows continues.” What Are the Implications Of This Pattern… Continue reading Would Bitcoin Fall Below $60,000 Again? Analyst Reveals A Concerning Trend For BTC→