Categories
Bitcoin News

Elon Musk, $40K and no demand: 5 things to watch in Bitcoin this week

Bitcoin (BTC) starts a new week on a pleasant high thanks to a boost from a familiar source, Elon Musk. Are the good times back? After spending weeks languishing close to $30,000, Bitcoin has managed to stage a sustained comeback to line up an attack on major resistance. With on-chain indicators flashing bullish, there may […]

Categories
Bitcoin News

Bitcoin price hits stock-to-flow rebound level not seen since 2017 all-time high

Bitcoin (BTC) spending over three weeks in the $30,000 range is proving a crucial test for one of its best-known price models. As noted by Philip Swift, co-founder of trading suite Decentrader on June 11, Bitcoin is issuing a major challenge to the stock-to-flow price forecasting tool. Is it bounceback time for BTC price? BTC […]

Categories
Bitcoin News

Bitcoin ‘of great concern,’ Ireland’s central bank official warns

Ireland’s central bank director general for financial conduct is the latest official to get worried about her future job security as Bitcoin continues to grow and grow, showing fiat currency up for what it really is. The growing popularity of cryptocurrencies like Bitcoin is “of great concern,” the Central Bank of Ireland’s Derville Rowland warned, […]

Categories
Bitcoin News

Market enters a ‘wait-and-see phase’ as Bitcoin struggles below $40,000

Price action for Bitcoin (BTC) and the wider cryptocurrency market was relatively subdued on May 27 as nervous traders remain unsure of what comes next following last week’s market plunge that saw leveraged traders wiped out as BTC dipped as low as $30,000 before its price rebounded.  Data from Cointelegraph Markets Pro and TradingView shows […]

Categories
Bitcoin News

BTC drops below $40K, Bitcoin inflows to centralized exchanges ramp up

Bitcoin inflows to centralized exchanges have surged, prompting bearish speculation the crypto markets could be building up to a violent wash-out. Lex Moskovoski, CIO at Moskovoski Capital, shared data showing that 22,917 BTC was transferred onto centralized exchanges in a single hour on May 18. Moskovoski noted the hourly inflow was the largest since the […]

Categories
Bitcoin News Help buying Bitcoin

How to Buy Dogecoin using Kraken in 2021

Are you looking for somewhere safe to buy Dogecoin? Check out this useful video on how you can buy Dogecoin in the UK at the Kraken exchange. Visit Kraken here.

Categories
Bitcoin News

Altcoins just repeated a move that could launch them 27,000% higher in 2021

Altcoins have delivered huge gains this year, but if they repeat their 2017 moves, hodlers may be looking at an insane 27,000% moonshot. According to popular trader Rekt Capital, those are the potential combined returns for altcoin investors if history repeats itself this year.  One trader sees “just the beginning” for altcoins’ 2021 In a […]