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‘Bitcoin Is Dead’- Crypto Market Carnage Invokes Haters and BTC Obituaries
19.5.2021
Digital currency markets have shed billions in value over the past week and during the market carnage, bitcoin haters have come out in flocks. Moreover, according to numerous crypto skeptics, bitcoin has officially died 21 times this year and this week’s downturn is sure to provide another...
Worst than March 2020? Bitcoin price dives below $33K
19.5.2021
A "key level" comes into play as Bitcoin challenges longer-term support lines and deals a major blow to long positions
Bitcoin Drops Below $40K, Crypto Economy Down 17%, Markets Lost $250 Billion Last Week
19.5.2021
On Wednesday, cryptocurrency markets continue to drop lower in value, as the entire crypto-economy has plunged 17% below the $2 trillion mark and now rests at $1.801 trillion. Bitcoin, the leading cryptocurrency in terms of market capitalization, touched a high of $40,770 per unit at 4:48 a.m....
Nearly a quarter of unique Bitcoin wallets at a loss amid $15K price dump
19.5.2021
Bitcoin’s $15,000 price pullback over the last few days has caused the percentage of wallets underwater to exceed 23%
Stocks, China and the dollar: 3 reasons why Bitcoin price is tanking below $40K
19.5.2021
$39,000 may seem unfairly cheap for Bitcoin, but there is likely more keeping it there than just Elon Musk
Apparent BlockFi Fat Finger Gaffe Sees Users ‘Credited BTC 701’
19.5.2021
Zac Prince, CEO and Co-founder of BlockFi. Source: a video screenshot, Youtube, Bitcoin Archives
Customers of the crypto lending service BlockFi got considerably more than they bargained for when what appears to have been a clerical error ended up in massive promotional campaign reward bitcoin...
Bitcoin price dip below $40K costs Tesla nearly 100% of its BTC profits
19.5.2021
Elon Musk may have egg on his face after his comments effectively erase all the money his company made from buying Bitcoin
BTC sinks to $40K, Bitcoin inflows to centralized exchanges surge
19.5.2021
High Bitcoin inflows to centralized exchanges have prompted predictions of further bearish momentum on social media
There’s Close to 300,000 Bitcoin-Pegged Tokens Hosted on ETH and BSC, Value Exceeds $12 Billion
19.5.2021
For quite some time now cryptocurrency traders have been leveraging bitcoin-based assets tethered to alternative blockchains. Mid-May statistics show there’s more than 299,000 bitcoin, worth over $12.8 billion today, tied to wrapped or synthetic bitcoin projects hosted on Ethereum or...
Bank of America Survey: ‘Long Bitcoin’ Is Most Crowded Trade, 75% of Fund Managers See BTC as Bubble
19.5.2021
The most recent Bank of America Fund Manager Survey finds that the most crowded trade is “long bitcoin.” Nonetheless, 75% of fund managers say the cryptocurrency is in a bubble zone. Fund Managers Say Long Bitcoin Is Most Crowded Trade but Most See Bubble The Bank of America (BoA) Fund...
$83K Bitcoin price in the cards after data shows BTC whales bought the dip
18.5.2021
Two key Bitcoin price metrics signal that whales bought the dip to $42,000, a hint that BTC may be gearing up for a new all-time high by mid-June
Altcoins notch double-digit gains even as Bitcoin price falls to $42,500
18.5.2021
Altcoins took the reins and galloped higher while bulls appear to be losing the battle to hold Bitcoin price above $43,000
Microstrategy Buys $10M Worth of Bitcoin, MSTR Shares Down Over 60% Since February
18.5.2021
On Tuesday, the publicly-listed business intelligence company, Microstrategy, announced the purchase of 229 bitcoins adding to the firm’s current stash of crypto. The company’s CEO Michael Saylor told his Twitter followers that Microstrategy now holds 92,079 bitcoins. Microstrategy...
Famous analyst calls $43K Bitcoin price 'logical'
18.5.2021
Current BTC price action is no surprise given recent support and resistance focuses, says Bollinger bands creator John Bollinger
MicroStrategy buys the dip, acquires $10M in Bitcoin
18.5.2021
CEO Michael Saylor has used the latest price correction as an opportunity to load up on more BTC
‘Chartmaster’ Expects BTC Price to Tap $29K, Delta Exchange CEO Says ‘Bitcoin Hasn’t Found a Floor Yet’
18.5.2021
The price of bitcoin has dropped to a new low for the month of May, sliding to $42,100 per unit during Monday evening’s trading sessions. While a few analysts see bitcoin rebounding and gathering new highs in the coming weeks, a few crypto market strategists believe bitcoin prices could sink...
Bitcoin price could hit $29K next, warns CNBC 'Chartmaster'
18.5.2021
A simple look back at past BTC price dips means that a 55% correction from all-time highs is on the table, says Carter Worth
Mecum Auctions Now Accepts Digital Currency Payments for Collector Cars
18.5.2021
The popular collector car auction company Mecum Auctions has announced the company is now accepting crypto assets for payments. The company says that the new payment acceptance allows the auction firm to “attract new customers and sales.” Collector Car Auctions Giant Plans to Start...
Institutions dump BTC as volume soars for Ether funds
18.5.2021
Institutional investors appear to have offloaded nearly $100 million worth of Bitcoin exposure this past week while Ether investment product volumes surged
Ark Invest: Bitcoin Mining Net Positive to Environment, Concerns of BTC’s Energy Consumption Are Misguided
18.5.2021
Following concerns raised by Tesla CEO Elon Musk about Bitcoin’s energy consumption, global asset manager Ark Investment Management explained that the concerns are “misguided.” Referring to its research using real-world data, the investment firm emphasized that “the impact...