Bitcoin price found a strong buying interest after Tesla’s chief Elon Musk agreed to buy social media giant Twitter for USD 44bn. This deal is still subject to a shareholder vote, while some expect Musk will own the company in the coming days. In either case, BTC gained pace and was able to clear…
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Bitcoin price remained in a bearish zone below the USD 40,000 level and extended its decline below USD USD 38,800 and tested USD 38,400. It is currently (11:49 UTC) trading near USD 38,800 again and is down 2% in a day and 3% in a week…. Read More: Bitcoin and Ethereum Test New Lows,…
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Bitcoin price failed to recover above the USD 40,500 resistance zone and started a fresh decline below USD 40,000. It is currently (04:10 UTC) showing bearish signs near USD 39,250 and might extend losses below the USD 38,800 support zone. BTC is down almost 2% in a day and over 1% in a week….…
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Bitcoin fell below $40,000 to start the weekend, as crypto markets continued to be submerged by the latest red wave. ETH was also lower on Saturday, and remained in the red for a second consecutive session. Bitcoin BTC dropped below the $40,000 level to start the weekend, following a three-day losing streak which has pushed…
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On Friday, the Latin American cryptocurrency platform Bitso announced that the company plans to offset carbon emissions from its bitcoin and ERC20 token transactions carried out on the platform. Bitso is partnering with the carbon offset platform Moss.Earth in order to curb the crypto company’s environmental impact. Bitso to Offset Crypto Transaction Carbon Emissions by…
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Following recent back-to-back surges in price, both ETH and BTC were down during Friday’s session. Bitcoin fell by almost 5% today, while ETH was down by a similar figure, with both retreating back towards levels of support. Bitcoin After a strong rebound in prices mid-week, the world’s largest cryptocurrency was trading lower on Friday, as…
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Bitcoin price started a fresh decline below the USD 41,200 support zone and spiked below the USD 40,000 support before recovering. It is currently (11:49 UTC) consolidating near the USD 40,500 level. BTC is down almost 5% in a day, trimming its weekly gains to 1%. Similarly, most major altcoins are holding downtrend support.…
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Bitcoin has started a recent downtrend that is threatening its position above the coveted $40,000 level. This is presumed to be caused by major sell-offs in the market. However, exchange metrics continue to show that this is not entirely the case. Exchange balances have been plummeting for the past year pointing towards massive accumulation trends…
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Bitcoin price broke the USD 42,500 level, but it failed to surpass USD 43,200. There was a sharp bearish wave and the price is currently (04:05 UTC) trading near USD 40,500. BTC is down almost 3% in a day, trimming its weekly gains to less than 2%. Similarly, most major altcoins reversed gains. ETH…
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Bitcoin price remained well bid above the USD 41,200 level and managed to break the USD 42,000 resistance level. It is currently (11:55 UTC) showing positive signs near USD 42,500 and is now up 1% in a day and 3% in a week. Similarly, most major altcoins might start a fresh increase. ETH could…
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