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Bitcoin Risks Falling Below $36K If It Breaks The Support Zone Here
Bitcoin risks falling below the $36K level with the price struggling to gain momentum above the $37K level and more drops are on the horizon if BTC breaks below this $36K support zone so let’s read more in today’s Bitcoin news.…
100 M USDT Moved From Tether [USDT] Treasury, Analyst Peter Brandt Casts Doubts Over Tether &…
100 Million Tether were recently moved from Tether treasury to an unknown wallet and it was followed by a decent pump in Bitcoin price, reaching a local high of $39,833 at the time of reporting. Is it just a coincidence? Many notable…
Former IMF Chief Economist Calls Bitcoin (BTC) A Classic Bubble
Just as the Bitcoin (BTC) price scales new heights, a lot of world leaders and economists have started speaking about the world’s third-largest asset class after Gold and Silver. Raghuram Rajan, former IMF Chief Economist (2003-2007)…
Institutional Buying, Grayscale Bitcoin Trust (GBTC) Buys Another 16,000 BTC Worth $590 Million
Amid the recent price volatility in Bitcoin (BTC), investors might be waiting on the sidelines for further correction. However, we might be reaching $40,000 levels once again sooner than expected. As per the data on Bybt.com, the Grayscale…
Biden Confirms Gary Gensler As SEC Chairman – What’s In Store For Bitcoin And Crypto?
Did you hear a few days ago that former CFTC Chairman Gary Gensler could be the next SEC chairman? Well, it is now confirmed that he will be taking over from Jay Clayton as the head of the U.S. Securities and Exchange Commission. Gary is a…
Whales Keep On Protecting One Key BTC Support Level: Analysis
Whales keep on protecting one key BTC support level with the cryptocurrency seeing some choppy price action over the past few days with the buyers and sellers reaching an impasse so as we can see more in today’s BTC news. Following a…
Bull BTC Case Grows, Millions Get Sent To Accumulation Addresses
A Bull BTC case grows, millions of coins are getting sent to dormant accumulation addresses with the price remaining stagnant over the past few days and the bulls catalyzing above the $40K on the first attempt as we read more in…
BTC Is Primed For A New Rally Back Towards $40K Or Higher
BTC is primed for a new rally back to the $40K level or even higher as the price is now hovering under the $37,000 after the correction ended in the past 72 hours. Trader Peter Brandt even thinks that BTC will face a complicated correction…
Bitcoin’s Topside Bias Is Weak And Could Lead BTC Below $35K
Bitcoin’s topside bias is weak and vulnerable which is why it could send the coin below $35K as we can see in today’s BTC news. The price is facing a couple of strong hurdles close to the $36,750 and the $37,800 level against…
Strong Demand Could Raise Bitcoin’s Price: Former US Treasury Secretary
The strong demand could possibly increase Bitcoin’s price according to the US Treasury Secretary Lawrence Summers who previously said that Bitcoin is “here to stay.” In today’s BTC news, we are looking more into his…