The Shortage of Supply Might Bring Bitcoin to New Price Highsv
After the enormous price rally, the demand for Bitcoin seems to largely exceed its supply. This might bring the flagship cryptocurrency to a long-term bullish trend with new all-time highs.
Read More »Bitcoin Is Penetrating Baseball; American Stars Embrace the Flagship Cryptocurrency in 2021 Season
A US baseball club accepts bitcoin payments for the 2021 season. It seems to become a trend of adopting and using digital transaction systems in the sports industry.
Read More »Bitcoin Slumps, Unable To Sustain Above $60,000 Psychological Price Level
On March 14, BTC price rallied to $61,699 high but the bullish momentum could not be sustained above the $60,000 psychological price level. Consequently, Bitcoin price retraced from the recent…
Read More »Bitcoin SV in a Downward Correction, Fluctuates Between $170 and $200
Bitcoin SV (BSV) rallied to a $200 high and pulled back. The altcoin has been range-bound between $170 and $200 after the February 23 breakdown.
Read More »Whales Push Bitcoin Price above Critical Resistance; Is Another Rally Coming?
The price of Bitcoin (BTC) is rising again. To a great extent, this was triggered by the increased demand by big whales that used the price dip to buy some…
Read More »Inflation Fears Pumps Bitcoin Prices Above $56k
The U.S. Consumer Price Index (CPI) for February 2021 rose 0.4 percent in February 2021 on a seasonally adjusted basis after adding 0.3 percent in January, data from the U.S….
Read More »Bitcoin Struggles To Break the Overhead Resistance at $52,000 as Buyers Continue Their Unending Price Tussle
Bitcoin price movement has been hampered at the $52,000 resistance. Today, Bitcoin bulls retested the resistance level and were repelled.
Read More »Chinese Publicly Listed Company Meitu Buys Bitcoin (BTC), Ether (ETH) worth $40 Million
Publicly listed Chinese company Meitu adds bitcoin (BTC) and ether (ETH) to its balance sheet. Meitu Buys BTC, ETH worth $40 Million In an announcement made on March 7, Siming…
Read More »Bitcoin Mining Raises Concerns due to the High Energy Consumption Despite the Uplift in Popularity
If BTC was a state, it would be ranked among the top 30 electricity consumers globally. This raises concerns among both governments and environment activists.
Read More »Bitcoin Breaks Psychological Price Level, Poises to Reclaim $58,000 High
Bitcoin bulls have sustained the current bullish momentum for the past 48 hours as bulls broke the $50,000 psychological price level.
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