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Month: December 2021

Uncategorized

Market Wrap: Bitcoin Rangebound as Traders Expect Strong November

December 23, 2021 - by - Leave a Comment

Bitcoin has traded in a tight range over the past few days. It appears that extreme bullish sentiment is starting to cool after BTC reached its all-time high of around …

Market Wrap: Bitcoin Rangebound as Traders Expect Strong November Read More
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Bitcoin Rangebound Between $55K Support and $60K Resistance

December 23, 2021 - by - Leave a Comment

Bitcoin’s (BTC) price momentum is improving, which could limit further downside between the $53,000-$55,000 support range. Buyers will need to make a decisive move above $60,000 resistance to yield an …

Bitcoin Rangebound Between $55K Support and $60K Resistance Read More
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Bitcoin Rangebound Above $46K Support, Resistance at $55K

December 23, 2021 - by - Leave a Comment

Bitcoin (BTC) continues to stabilize around the $50,000 price level after a near 20% sell-off over the past weekend. For now, the cryptocurrency remains above $46,000 support, which could stabilize …

Bitcoin Rangebound Above $46K Support, Resistance at $55K Read More
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Blockchain Safety First: Poloniex Recovers Bitfinex Stolen BTC

December 23, 2021 - by - Leave a Comment

Some of the main concerns the crypto era faces are safety and security. The great innovation of digital assets offers many benefits for its users, such as anonymity, but the …

Blockchain Safety First: Poloniex Recovers Bitfinex Stolen BTC Read More
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TA: Bitcoin Corrects Gains, Why Dips Could Be Limited Below $48K

December 23, 2021 - by - Leave a Comment

Bitcoin failed to test the $50,000 resistance against the US Dollar. BTC is correcting gains, but dips could be limited below the $47,500 support. Bitcoin struggled to surpass the $49,500 …

TA: Bitcoin Corrects Gains, Why Dips Could Be Limited Below $48K Read More
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Growth Of Bitcoin ETFs & Other Instruments Doesn’t Support Supply Shock Narrative

December 22, 2021 - by - Leave a Comment

Data shows while the Bitcoin supply present on exchanges has been trending down, growth in other investment vehicles like ETFs and WBTC has been making up for this drop. Bitcoin …

Growth Of Bitcoin ETFs & Other Instruments Doesn’t Support Supply Shock Narrative Read More
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Market Gets Cozy With Bitcoin Trapped? Why BTC Is Gearing Up For A Short Squeeze

December 22, 2021 - by - Leave a Comment

Trading at $48,747 with a 1.1% profit in the past day, Bitcoin remains rangebound. The first crypto by market cap has been unable to break from the $45,500 to $49,500 …

Market Gets Cozy With Bitcoin Trapped? Why BTC Is Gearing Up For A Short Squeeze Read More
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First Mover Asia: Asia Bump Sends Bitcoin Over $49K

December 22, 2021 - by - Leave a Comment

(Edited by James Rubin) Good morning. Here’s what’s happening this morning: Market moves: Bitcoin rose above the $49,000 level, hours after a price pump during Asian hours. The U.S. market …

First Mover Asia: Asia Bump Sends Bitcoin Over $49K Read More
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Bitcoin Mining Profitability Starts Falling After Stellar Year: Research

December 22, 2021 - by - Leave a Comment

The profitability of mining bitcoin has been slipping since November after a very profitable few months, Arcane Research said Wednesday in its monthly report. In the month following China’s crackdown …

Bitcoin Mining Profitability Starts Falling After Stellar Year: Research Read More
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El Salvador Buys 21 Bitcoins on 21st Day of Last Month of 21st Year of 21st Century

December 22, 2021 - by - Leave a Comment

El Salvador bought another 21 bitcoins to mark the 21st day of the last month of the 21st year of the 21st century, President Nayib Bukele said in a series …

El Salvador Buys 21 Bitcoins on 21st Day of Last Month of 21st Year of 21st Century Read More

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