Category: BTCTUSD

Bitcoin (BTC) and Ethereum (ETH) See Sharp Correction. What Shall Investors Be Doing Now?

The broader cryptocurrency market entered deep correction on Wednesday, January 27. Bitcoin (BTC) and Ethereum (ETH) entered sharp corrections turning the overall market sentiment negative with the overall market cap dropping below $900 billion. On a 24-hour chart Bitcoin again tested levels below $30,000 although it recovered again and is currently trading at $31,653 levels. […]

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Bitcoin price dropped under $30,000, hunting for the Launchpad to $40,000

Bitcoin begins the initial recovery phases after holding onto the 50-day SMA support. BTC must break above the resistance at $32,000 and the ascending channel’s upper boundary to validate the upswing. Bitcoin continued with the foreseen breakdown after losing support at $31,000. The bearish leg explored levels slightly under $30,000 but buyers were very keen […]

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Ninepoint Partners Launches $180 Million Bitcoin Trust Fund, Amid Bitcoin ETF Regulatory Hurdles

Canadian firm Ninepoint Partners have launched a Bitcoin Trust Fund after raising nearly $180 million in private investment. The Canadian private investment fund is following in the footsteps of the popular fund manager Grayscale. The firm has listed its shares on Toronto Stock Exchange which would be backed by Bitcoin it holds with New-York based […]

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“Short the Wall Street Sentiment” Propels GameStop to Rise Alike BTC as FTX List GME Stock

Game Stop, the video game chain was the talk of the town yesterday after its value more than doubled driven by “short the wall street” sentiment as Melvin Capital decided to short the stocks leading them to lose billions in what became a battle between the Wal Street and small investors. Game Stop like any […]

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Key Bitcoin Bull Indicator Turns Positive Again, Right Time to Long Bitcoin ?

Coinbase Premium which was negative for the past couple of days has finally turned positive and moved above 50 after almost a week suggesting Coinbase bitcoin whales have started buying the top cryptocurrency in hoards again leading to a price gap of nearly $66 between Coinbase and Binance. Coinbase Premium, the price difference between the […]

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February BTC Bull Run Likely As Top Executives to Attend MicroStrategy’s Virtual Bitcoin Summit

MicroStrategy CEO Micahel Saylor is all pumped and geared to host its Virtual “Bitcoin (BTC) Corporate Strategy” Summit next week on February 3-4. At the summit, the CEO shall be briefing big corporates on how they can invest part of their company’s reserve cash in Bitcoin (BTC). Top executives from the crypto industry have pledged […]

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Bitcoin price recovery becomes an uphill battle but could this stability signify maturity as a long term asset?

Bitcoin price sticks to consolidation between $31,000 critical support and the stubborn resistance at $34,500. A golden cross pattern hints at Bitcoin exploring lower price levels before resuming the uptrend. Bitcoin has been stuck under the 200 Simple Moving Averages for several days now. On the downside, support at $31,000 has become extremely vital to […]

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CoinShares: Weekly Investment Inflows In Crypto Funds Hit Record; ETH Set for Massive Market Changes

Big players seem to be consolidating their positions with the latest Bitcoin (BTC) price dip and the overall crypto market correction. Crypto fund manager CoinShares told Reuters, that weekly investment inflows in crypto funds hit a record $1.31 billion last week. Nearly 97% of the inflows went to Bitcoin while the world’s second-largest cryptocurrency Ethereum […]

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Gemini Singapore Extends New Token Offerings Including DeFi After Bank of Singapore Backs Crypto Assets

Singapore-based customers of the Gemini crypto exchange have good news as the company is offering its tokens offerings including a wide range of altcoins and some popular DeFi tokens. As per the latest announcement, 20 new tokens will be available for trading on Gemini Singapore including Uniswap (UNI), Sythetix (SNX), Yearn.Finance (YFI), Filecoin (FIL) and […]

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Rothschild Investment Corporation Reveals it Holds 30,454 shares of GBTC

Rothschild Investment Corporation, founded in 1908 in a filing with the SEC revealed that the company has increased its holdings of GBTC to 30,454 shares. The increase is of nearly 6,000 shares from its previous filing of the SEC. BTC institutional watch: In a filing this morning with the SEC, Rothschild Investment Corporation, founded in […]

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