Tag: BTC

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‘Save Your Skin’ From Inflation With BTC, The Great Monetary Shift, and SHIB Burns — Bitcoin.com News Week in Review

April 17, 2022

Another spicy week of crypto news heads into the weekend, with Mexico’s third-richest billionaire advising “save your skin” from hyperinflation by buying bitcoin, Shark Tank star Kevin O’Leary predicting that bitcoin mining will “save the world,” Bitcoin.com News noting eerie similarities between the current great monetary shift and the creation of the U.S. Federal Reserve,…
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Bitcoin institutional buying ‘could be big narrative again’ as 30K BTC leaves Coinbase

April 16, 2022

Regardless of Bitcoin price action, institutional players are putting their money where their mouth is this month. Bitcoin (BTC) may be heading under $40,000, but fresh data shows that demand from major investors is anything but decreasing. For Ki Young Ju, CEO of on-chain analytics platform CryptoQuant, institutional BTC buying “might be the big narrative”…
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Bitcoin, Ethereum Technical Analysis: BTC, ETH Prices Mainly Unchanged to Start the Weekend

April 16, 2022

Prices of ETH and BTC were mainly unchanged to start the weekend, as market activity slowed, mainly due to the Easter holiday. Price consolidation comes after a week of bearish pressure that sent the world’s two largest cryptocurrencies towards key support levels. Bitcoin Bitcoin was once again trading marginally above the $40,000 level on…
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Luna Foundation Purchases Another $5 Million in Bitcoin, LFG Wallet Holds 42,530 BTC

April 15, 2022

The Luna Foundation Guard (LFG) purchased an additional 123.89 bitcoin on Friday worth close to $5 million at the time of settlement. Since mid-March, Terra’s LFG has been acquiring bitcoin on a regular basis and after the purchase on Friday morning, the non-profit organization has approximately 42,530.827 bitcoin. LFG Acquires Another Batch of Bitcoins for…
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Bitcoin and Ethereum Stuck in Range, DOGE and XRP Gain

April 15, 2022

  Bitcoin price is still struggling to clear the USD 40,800 resistance level as BTC is stuck in a range near USD 40,000. It is currently (04:48 UTC) showing bearish signs, with an important support at USD 39,500. Similarly, most major altcoins are also near important support levels. ETH must stay above USD 2,980 and…
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Bitcoin, Ethereum Technical Analysis: ETH Remains Close to Support of $3,000 on Good Friday

April 15, 2022

Ethereum continues to trade close to its support level of $3,000 on Good Friday, as some financial markets were closed for the holiday weekend. Volatility has slightly eased as a result, with BTC also hovering near its floor around $40,000 during today’s session. Bitcoin Bitcoin was trading lower during Friday’s session, as volatility in crypto…
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Bitcoin and Ethereum Fail Near Key Resistance, XRP Outperforms

April 15, 2022

  Bitcoin price started a recovery wave above the USD 41,200 level. However, BTC failed to gain strength for a clear move above the USD 41,500 resistance. It is currently (04:24 UTC) trading above USD 40,200 and is down 3% in a day…. Read More: Bitcoin and Ethereum Fail Near Key Resistance, XRP Outperforms  Read…
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Bitcoin, Ethereum Technical Analysis: BTC Consolidates Heading Into Easter Weekend

April 14, 2022

Following strong gains towards the end of yesterday’s session, BTC consolidated today, as markets prepare for Easter weekend. Bitcoin’s price surged late on Wednesday, hitting a key resistance point in the process. ETH also hit a ceiling during the session. Bitcoin Following a late surge towards a key resistance level of $41,500 on Wednesday, BTC…
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Bitcoin and Ethereum Face Key Breakout Zone, DOGE Jumps on Musk News

April 14, 2022

  Bitcoin price gained pace after it cleared the USD 40,500 resistance zone. BTC even surpassed the USD 41,200 resistance before correcting lower. It is currently (11:10 UTC) trading near USD 41,000 and is up 3% in a day. Similarly, most major altcoins are facing important hurdles. ETH climbed above the USD 3,100 level but…
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Bitcoin and Ethereum Inch Higher, LUNA and AVAX Outperform

April 14, 2022

  Bitcoin price formed a base above the USD 39,500 zone. As a result, BTC started a steady upward move above the USD 40,500 resistance. It is currently (03:39 UTC) showing positive signs above USD 41,300 and might eye a move above the USD 42,000 resistance zone. BTC is up 3% in a day, trimming…
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