Bitcoin
Bitcoin’s Target for Growth? August 2nd BTC Analysis
Bitcoin started to rise with strong buying reactions from the support zone of 28,600 - 28,200 dollars and is currently trading at the level of 29,512 dollars. If BTC can maintain its stability above 29,500 dollars, it has the potential to continue its rise up to the resistance level of 31,100 dollars.
Bitcoin’s Volatility Lags Behind S&P500 and Gold in July
The Bitcoin market, which enthusiastically welcomed BlackRock's ETF application, remained stagnant in July and reached its lowest volatility levels in a long time.
Bloomberg Analysts Boost Bitcoin Spot ETF Approval Odds to 65%
In a recent analysis, Bloomberg experts James Seyffart and Eric Balchunas have upgraded the likelihood of a spot Bitcoin approval in 2023 to 65%, a significant increase from the previous 1% estimation.
Bitcoin Price Tests $30,000 Again: Is Interest in BTC Increasing?
Bitcoin price managed to surpass $30,000 for the first time since July 24; will this price movement of Bitcoin continue?
Mike Novogratz’s $100K Bitcoin and Ethereum Investment Tip
In a recent Bloomberg interview, billionaire investor Mike Novogratz shared his insights on cryptocurrency investments and the broader macroeconomic outlook, offering advice on how to invest $100,000.
Massive $21 Million Exodus from Bitcoin & Crypto Funds: Altcoins in the Spotlight
The CoinShares report reveals a notable outflow from Bitcoin funds and other digital asset investment products, with other cryptocurrencies also experiencing investment activity.
Bitcoin Bounces Back to $30k, DEX Controversy and Liquidation Risks Recede
In the latest financial news, the US stock market saw mixed results, while Bitcoin's value experienced a slight increase. Additionally, MicroStrategy, a prominent player in the cryptocurrency market, revealed plans to sell a significant amount of stocks, potentially using the proceeds to invest further in Bitcoin.
Genesis Digital Assets Unveils Bitcoin Mining Centers in South Carolina
Genesis Digital Assets, a prominent player in Bitcoin mining, is set to open three new data centers in South Carolina, USA, powered by renewable energy. This move is part of the company's expansion strategy and its commitment to prove that Bitcoin mining can be environmentally friendly.