Tag Archives: btcusd

Bitcoin’s bull run hasn’t ended, and its price could increase by more than 40% by the end of August, asserted the creator of the popular stock-to-flow model. He also predicted that the next few months will be make it or break it for the S2F. Over the course of the past few months, bitcoin’s price slumped by roughly 50% from the mid-April peak, which questioned the state of the bull market. While most of the community debates whether the 2018 scenario will repeat once again,...

Unfortunately, we had another week of particularly choppy price action where most of the cryptocurrencies are trading in the red. Ethereum is an exception with a rather insignificant gain over the past seven days. Bitcoin Bitcoin is down a total of 4.7% over the past week as it breaks back beneath $33,000. The cryptocurrency started the week looking promising after double bottoming around $31,600. From there, it started to surge higher as it formed a short-term rising price...

The Dutch crypto provider Bitcoin Meester has become the exclusive partner of the top soccer team AZ Alkmaar. As part of the deal, the team will receive some of the funds in bitcoin, which it pledged to hold. AZ Alkmaar – The First Soccer Club to Operate with BTC One of the most successful soccer teams in the Netherlands – AZ Alkmaar – announced its collaboration with Bitcoin Meester on its official website. The local crypto provider will become the club’s promoter, and part...

While outlining the differences between Bitcoin and Ethereum, Mike Novogratz suggested that the latter might actually surpass BTC in terms of becoming the largest digital asset. During a recent interview, the CEO of Galaxy Digital also urged the cryptocurrency community to enhance its efforts to educate lawmakers about Bitcoin and the entire industry. Can ETH Surpass BTC? The topic of the eventual “flippening” – an event that will see ether surpassing bitcoin as the world’s...

Just as bitcoin started to show some promising signs for the bulls, it rolled over and fell by 5% today, hitting $33,000 – the low as of writing these lines. The primary cryptocurrency looked hopeful as it traded inside a short-term rising price channel since double-bottoming at $31.5K over the weekend. The price channel allowed BTC to hit a 12-day high at $36.6K on Tuesday, but the volume was not increasing and BTC reversed after failing to close a daily candle above the...

CryptoPotato had the chance to poke the brains of the professional cryptocurrency trader Scott Melker, perhaps better known in the industry by his Twitter alias The Wolf of All Streets.  With the market being as volatile and dynamic as it has been in the past couple of months, it’s safe to say that we had a lot to discuss. Bitcoin Price: Is It Still a Dip or Change of Momentum? Plenty of people are of the opinion that it’s high time we stopped calling the...

The US dollar is going to debase due to the Fed’s actions, and people should buy and hold bitcoin for protection, urged US Senator – Cynthia Lummis. She has outlined her support for the primary cryptocurrency for a while as she owns five bitcoins purchased eight years ago for $300 apiece. Buy Bitcoin for Your Retirement Appearing on CNBC’s Financial Advisor Summit, the US attorney serving as Wyoming’s first female Senator reiterated her belief in bitcoin as an investment tool...

A new partnership will allow Americans to purchase bitcoin from more than 600 banks in the United States.  According to fresh reports, a new partnership between digital asset management firm NYDIG and payments behemoth National Cash Register (NCR) will allow 650 U.S. banks and credit unions to offer crypto trading services to clients through mobile apps.  North Carolina-based First-Citizens Banks and credit unions in California like the Bay Federal Credit Union will also...

With bitcoin’s price recovering more than $5,000 in a few days and heading towards a multi-day high, bulls have received further support that the asset may aim even further north. The popular Puell Multiple metric has displayed a buy signal for just the fifth time, with every previous occasion being “spot on,” according to analysts. Puell Multiple Buy Signs Developed by on-chain strategist David Puell, the Puell Multiple is calculated by dividing the daily issuance value of...

Mad Money host Jim Cramer is still bullish on Bitcoin, but instead of buying more BTC he went for Ethereum this time, claiming it can be used to buy more things like NFTs (Non-Fungible Tokens). In an interview with CNBC’s Squawk Box, Cramer said a lot of money is coming to Bitcoin despite its current slump. However, he seems to have changed his mind again by buying more Ethereum instead.  “Bullish. Have to be. There’s too much money coming in,” says @JimCramer. “I went back...