Tag Archives: btcusdt

The American television host – Jim Cramer – believes that cryptocurrencies need more regulation or otherwise the market could collapse. Additionally, he praised Ethereum as the best-performing digital asset. Regulation Could Prevent The Market from Falling apart In an interview for TheStreet, Jim Cramer revealed that he is a huge proponent of cryptocurrency regulations. In his opinion, setting the right rules in the industry would be beneficial for the entire market as they...

The global investment management company VanEck has filed again for a Bitcoin Strategy exchange-traded fund (ETF). The US firm has tried several times in the past few years but the SEC is yet to approve a single BTC ETF. New York-based investment firm VanEck submitted an application to the SEC to roll out a BTC Strategy ETF. The ETF will contain bitcoin futures, bitcoin funds, and various other investment instruments related to the primary cryptocurrency. According to...

After an initial rejection at the 200-day moving average, BTC staged another attempt to break out and managed to successfully make a daily close above the crucial line. The daily close at $46.2k above the 200MA and a key downtrend line can be seen as a very bullish technical buy signal. Chart by TradingViewIt is important for BTC to hold above this key level and follow through higher in the next few weeks to validate the buy signal. A daily close above the 200-day moving...

The nervousness caused by the ongoing discussions of the U.S. Infrastructure Bill does not seem to have affected Bitcoin traders at all. Bitcoin remained sturdy above the psychological barrier of $45,000 as the Bitcoin bulls went to battle a few hours ago. The U.S. Senate failed to reach an agreement on a series of amendments that would exclude decentralized cryptocurrency service providers – such as wallets, miners, and DeFi protocols – from being considered as “brokers.”...

Brazil continues to make progress in creating new investment opportunities related to cryptocurrencies. This week, it launched a brand new Bitcoin ETF —with a green twist. Under ticker BITH11, the Hashdex Nasdaq Bitcoin Reference Price replicates the performance of the Nasdaq Bitcoin Reference Price Index. This would, in turn, be the second ETF available in Brazil offering 100% exposure to Bitcoin, competing against the QR CME CF Bitcoin Reference Rate or QBTC11 that was also...

BTC has continued to push up with impressive spot volume hitting an intraday high of $45.3k even during weekend trading. The cryptocurrency is now testing one of the most critical levels of resistance at the 200-day moving average. Successfully reclaiming this level will trigger a significant buy signal in technicals, likely encouraging large momentum traders and other market participants to enter the market, further adding to buying pressure in an already supply exhausted...

A recent survey informed that nearly 60% of the participants are willing to employ digital assets as a payment method for goods and services. Furthermore, two-thirds entered the cryptocurrency market with plans to use the tokens for transactions. Payments: Crypto Better Than Credit Cards The interactive platform for financial services – PYMNTS.com – and the bitcoin service provider – BitPay – surveyed over 8,000 American consumers to determine how they feel about using...

The weekend continues with impressive gains for bitcoin as the asset spiked above another coveted price line by reclaiming $45,000. Most altcoins are also well in the green, led by a massive surge from Dogecoin of over 25% in a day. Bitcoin Breaks Above $45K The positive developments in terms of USD price continue in the cryptocurrency market. The largest asset, bitcoin, has been on a roll since mid-July when it dropped below $30,000. Since then, though, the bulls have kept...

BTC made a strong daily close above the 3-month long trading range, confirming the first major step of a higher breakout. The largest cryptocurrency closed at $42.8k, blasting above the top of the trading range at $41.3k and the near-term high at $42.6k. Chart by TradingView Near-Term Caution For Bitcoin’s Price So far today, BTC continued to push higher even with weekend trading hours, reaching an intraday high of $44k before cooling off. On Friday, the third-largest whale...

The British YouTuber and rapper – KSI – revealed that he is a strong supporter of Bitcoin. According to him, the primary cryptocurrency represents the future, and hodlers would profit in the next years. ‘I’m Really into Crypto’ Olajide Olayinka Williams “JJ” Olatunji, better known as KSI – meaning Knowledge, Strength, and Integrity – opined strongly in favor of Bitcoin recently. Speaking to the British magazine GQ, he argued that the digital asset would play a major role in...