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.
Read More »Bitcoin Price Recovers, Attempts to Clear $48,000 Resistance Zone
Bitcoin (BTC) price has commenced the resumption of upward move above the $44,000 support.
Read More »The Land of Controversy: China Is Leading Cryptocurrency Market Despite the Hostility of Regulators
China’s history on cryptocurrency is quite a controversial one. Most of the crypto users that became millionaires after 2017’s crypto-bubble were residing in China. The country’s mining pools dominated over…
Read More »Bitcoin Bulls Recoup Above $55,000 Support after Rejection at the $58,000 High
Over the past 48 hours, Bitcoin’s price has been fluctuating between $55,000 and $58,000. Buyers could not reach the $60,000 psychological price level as the uptrend was interrupted at the…
Read More »Bitcoin Cash Finds Support at $680, Resumes Fresh Uptrend
Bitcoin Cash (BCH) was earlier in a downward correction after reaching the $773 high. The price has retraced and found support above $680.
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