Famous American financier Anthony Scaramucci has admitted that having massive exposure to Bitcoin was a mistake in the short run, as he and his investment company suffered significant losses amid the bear market. Bullish on […]
Bitcoin (BTC) briefly broke above $24,000 on July 20, but the excitement lasted less than two hours after the resistance level proved more challenging than expected. A positive is that the $24,280 high represents a […]
Bitcoin (BTC) has broken out above a descending resistance line that had been in place for three months. It seems to be attempting to validate the level as support, validating the breakout in the process. […]
On-chain data reveals that bitcoin miners could be close to their capitulation after selling the most substantial chunk of BTC holdings for the past several months. As such, the asset’s price could be headed for […]
A July 9 post by @PricedinBTC on the “cost to mine Bitcoin” in the United States gathered the crypto community’s attention, especially considering the recent headlines that BTC miners have made. The crypto bear market […]
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, […]
Bitcoin has slowly begun to decouple from equities, now nearing its lowest correlation with the stock market in 2022. A 40-day correlation coefficient between Bitcoin and the Nasdaq 100 index has fallen below 0.5 – […]
The Bitcoin (BTC) price chart from the past couple of months reflects nothing more than a bearish outlook and it’s no secret that the cryptocurrency has consistently made lower lows since breaching $48,000 in late […]
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 […]
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