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Bitcoin (BTC) Price Analysis: BTC Suspends Bullish Correction With A New Support

While the bulls anticipated for a retest at $9000 resistance zone, Bitcoin caught traders unaware with a violent breach on $7700 support yesterday. Where erasing the memory of retesting the $9000, the $7700-$8000 price ranges are now key resistance zones for a possible retracement. Following a sharp rebound at $7300, Bitcoin is now waiting at […]

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Bitcoin (BTC) Price Analysis: BTC Bulls Regains Momentum After Breaching $8000

  Following the latest bullish swing, Bitcoin has again turned away from the $7700 short-term support and now roaming around the $8200. The yesterday’s bullish break gave the buyers another buying opportunity to $8600 which may occur in the next couple of hours if the buyers continue to show strong commitment. Meanwhile, Bitcoin is relying […]

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UNICEF Releases Cryptocurrency Fund to Enhance Blockchain Technology Adoption

The United Nations International Children’s Fund (UNICEF) has just released a cryptocurrency fund that will take in, handle and allocate payments in cryptocurrency denominations including Bitcoin as well as Ether, in a bid to finance the adoption of open source technology for kids across the globe. This development was declared openly on the 9th of […]

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Bitcoin ETFs See Big Outflows as Market Wavers

U.S Security and Exchange Commission Disapproves Bitwise’s ETF Proposal

The United States Securities and Exchange Commission has turned down Bitwise’s proposal to launch a Bitcoin ETF. The SEC announced on the 9th of October that the ETF proposal from Bitwise did not meet essential regulations regarding probable market manipulations and unlawful activities. The regulatory authority stated in a report that the company did not […]

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