In a downtrend, when markets do not respond negatively to bearish news, it is a sign that the selling may have reached exhaustion. Reports of electric vehicle maker Tesla dumping 75% of its Bitcoin (BTC) […]
Bitcoin (BTC) has broken out from a long-term descending resistance line and is in the process of reclaiming its 200-week moving average (MA). Throughout its price history, the 200-week MA has acted as the price […]
Bitcoin (BTC) is in the process of breaking out from an important resistance area, a movement that is supported by both the weekly and daily RSI. Bitcoin has been decreasing since reaching an all-time high […]
Bitcoin (BTC) rebounded by $2,000 since July 13, but the price action has yet to move outside of its consolidation pattern. Bitcoin has been trading beneath a descending resistance line since April 5. So far, […]
Strategists at the American multinational investment bank JP Morgan Chase & Co recently revealed that bitcoin’s cost of production has dropped by nearly 50% over the last month. BTC Production Cost Plunges to $13k According […]
Bitcoin (BTC) created a bullish candlestick during the week of July 4-11 but failed to engulf the preceding weekly bearish candlestick and created a long upper wick. Bitcoin has been falling since reaching an all-time […]
The United States Office of Government Ethics (OGE) outlined that cryptocurrencies and stablecoins do not qualify as “publicly traded securities” according to the agency’s regulations. As such, it banned individuals who privately own digital assets […]
Bitcoin (BTC) has not been this good value since it cost $1,130, one analyst argues as BTC offers a “compelling” risk/reward ratio. In a Twitter thread on July 7, Jurrien Timmer, director of global macro […]
Regulators in Puerto Rico have issued a cease-and-desist order to a bank that is owned by bitcoin critic Peter Schiff, which has been the subject of an international investigation over tax evasion and money laundering. […]
Celsius Network has repaid yet another $34.43 million of its debt to MakerDAO as the former blue-chip company tries to avert a total collapse. This marks the second such repayment in less than 24 hours. Vault […]
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