An analyst has explained that an indicator that has been holding for Bitcoin since December is now giving a sell signal for the cryptocurrency. TD Sequential Is Providing A Sell Signal On Daily Bitcoin Chart Currently In a new post…
Tag: Bitcoin
Ark Invest’s Wood Turned $100,000 Investment in Bitcoin to $7M
Cathie Wood said she currently owns over $7 million worth of bitcoin, which she purchased on the advice of Reagan-era economist Arthur Laffer, while it was trading at $250. Cathie Wood said she currently owns over $7 million worth of…
Cash App Introduces Bitcoin Transactions via Lightning Network
The payment processing app created by Block Inc, Cash App, has now accepted bitcoin transactions, enabling users to both send and receive Bitcoin via the lightning network. Payment processing app created by Block Inc, Cash App, has now added support…
Analyst Predicts Bitcoin to Hit $250,000 Before Halving
In a post shared on X on January 26, crypto analyst BitQuant forecasts that Bitcoin (BTC) will recover from the current downtrend and surge past its all-time high of $69,000 to over $250,000 before the upcoming Bitcoin halving in April. BTC to…
Brazilian City of Porto Alegre Formally Makes Room for Bitcoin Pizza Day
A Bill has formerly been passed to recognize May 22 as Bitcoin Pizza Day in the city of Porto Alegre in Brazil. Sebastiao Melo, the mayor of the city, is credited with having approved the law around the end of…
Analyst Predicts When Bitcoin Price Will Reach New ATH
Bitcoin has been experiencing a downward trend recently, dropping from its 2023 all-time high of about $49,000 to below $41,000 at the time of writing. Despite this significant price correction, popular crypto analyst Kevin Svenson has predicted a new all-time…
Is Bitcoin Gearing Up to Exit the Current Bottom?
Since Bitcoin (BTC) has been trading above the psychological price of $20K, Glassnode has released its weekly on-chain report titled “Hammering Out The Bottom,” scrutinizing the stakes and the risks that may lay on the road ahead. The market insight…
Bitcoin NVT Golden Cross Shoots Bullish Signal, Rally To Restart?
Data shows the Bitcoin NVT Golden Cross indicator has recently dipped inside the undervalued zone, a sign that could be bullish for the price. Bitcoin NVT Golden Cross Has Entered The Bullish Territory An analyst in a CryptoQuant Quicktake post…
South African Supermarket Chain Pick n Pay Starts Accepting Bitcoin Payments
Pick n Pay, a major supermarket chain in South Africa, announced on Tuesday that it now accepts Bitcoin as payments in its online store, according to a local media report. Customers can now pay with Bitcoin (BTC) using any Lightning…
Michael Saylor Believes Bitcoin is the Solution to the Lebanon’s Financial Crisis
Michael J. Saylor, Co-founder of Microstrategy, has made claims that he believes the use of Bitcoin (BTC) is the solution to the financial crisis that is being experienced in Lebanon as the country’s currency has lost 96% of its value…