The rise in DeFi staking services may be killing “interest” in Bitcoin and giving Ethereum’s Ether token the potential to outperform BTC for now. Not a day goes by without someone shilling something related to Decentralized Finance (DeFi). It’s being touted as being bigger than the 2017 altcoin boom, and when you look at things […]
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The price of Bitcoin is holding a key support level above $9,000 and gearing up for a big move that is likely to occur next week. The price of Bitcoin (BTC) has been continuing the previous week’s weakness as the support of $9,000 has been tested many times. However, the market itself is not acting […]
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Bitcoin’s active supply has hit a 19-month low, mirroring the setup before the 2017 bull run. Bitcoin’s (BTC) active supply has hit a 19-month low of just over one million Bitcoin. This could signal a potential strong price increase if it plays out in line with the findings of a report from asset manager Stack […]
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Lyn Alden says she turned “quite bullish” on Bitcoin in early 2020, and remains highly optimistic in BTC in a recent paper. Strategyst Lyn Alden said she switched from “uninterested to quite bullish on Bitcoin” in 2020. Following the drop of BTC to sub-$3,600 in March, she remains optimistic on the top cryptocurrency. Alden, who […]
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Zap, the crypto wallet which allows users to purchase Bitcoin instantly via the Lightning Network, raised $3.5M in April, filings show. Zap, the Lightning startup behind a non-custodial Bitcoin wallet, has raised $3.5 million in a seed round in April. As reported by Forbes on July 15, previously undiscovered filings by the U.S. Securities and […]
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CBDCs will be the leading digital currencies of the future, and only the competition between various models will determine the winner. Real innovations and breakthroughs don’t happen in the blink of an eye. Bitcoin (BTC) took many years to get to mainstream users since its inception in 2009. The bull market run in 2017 drastically […]
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Four macro indicators suggest a Bitcoin uptrend is near, following nearly two months of stagnation in a tight range. Since early May, the price of Bitcoin has been at a standstill in a tight range between $8,500 and $10,000. For most of the past month, BTC has remained between $9,000 and $9,500 as realized volatility […]
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The S&P 500 sees a TD9 sell signal confirmed on multiple time frames but traders remain optimistic about the price of Bitcoin. The TD9 sell indicator emerged on the S&P 500 chart across various time frames. Considering the heightened level of correlation between Bitcoin and stocks, it might hint at a short-term BTC price pullback. […]
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Today, stablecoins buy 15-times as much Bitcoin as in early 2018, this could bode well for the next bull run, if and when, it happens. Stablecoins have never had more buying power than now, this could bode well for the next bull run. Glassnode keeps track of the Stablecoin Supply Ratio, or SSR, which is […]
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Best-selling author Robert Kiyosaki says he still invests in gold, silver, and Bitcoin because he doesn’t trust the US government. Robert Kiyosaki, author of “Rich Dad Poor Dad,” says that investments in real estate and gold may not be the future of finance as cryptocurrency comes into focus. In a July 8 interview with Bitcoin […]
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