BTCUSD Remains Assured Despite Another Rejection BTCUSD remains confidently on course to attain its target of $50,000, undeterred by the recent market setback. Following a consolidation period along the middle line of the parallel channel, the coin exhibited strength, surging above $45,000 and surpassing $47,000 at the confluence with the upper border of the parallel […]
Introduction: The recent approval of Bitcoin ETFs marks a significant milestone in the financial landscape, ushering in a new era for cryptocurrency investors. Drawing parallels with the evolution of Gold ETFs, we delve into the transformative potential and implications of this development. Gold ETFs: Streamlining Precious Metal Investments Investors have long cherished gold for its […]
Vanguard, a financial behemoth managing over $8 trillion in assets, has chosen a contrarian path by abstaining from offering spot Bitcoin exchange-traded funds (ETFs) on its platform. This decision, announced in the wake of the U.S. Securities and Exchange Commission’s (SEC) historic approval of the first batch of 11 spot Bitcoin ETFs between January 10 […]
In tandem with this groundbreaking Bitcoin lease agreement in Argentina, there’s a potential bullish upswing for the coin. President Javier Milei’s executive order enabling diverse asset settlements, including Bitcoin, signals a transformative shift. Amid legal reviews, the prospect of more contracts being denominated in Bitcoin adds to the cryptocurrency’s positive outlook. CRYPTO BREAKING NEWSArgentina Registers […]
BTCUSD Aims to Reach the $50,000 Major Level BTCUSD aims steadfastly for the $50,000 mark, having previously encountered resistance below $45,000. Despite this hurdle, persistent buyer strength elevated the limit to $47,000. Now, with a clear focus on $50,000, the cryptocurrency is navigating an ascending channel, potentially requiring a breakout for expedited attainment. BTCUSD Key […]
Bitcoin mining is the process of creating new bitcoins by solving complex mathematical problems. It is also a way of securing the Bitcoin network and verifying transactions. Bitcoin mining requires a lot of computing power and electricity, which raises concerns about its environmental impact and profitability. Every four years, the Bitcoin network undergoes a halving […]
The U.S. market welcomed the commencement of trading for the first-ever Bitcoin exchange-traded funds (ETFs) on Thursday. This marks a pivotal moment for the cryptocurrency sector, which has been striving for regulatory approval for such financial products for more than a decade. Investors can now tap into the digital asset without the need to directly […]
Dispelling Myths and Embracing Data-Driven Optimism Greetings, HODLers, on this Friday the 13th! While superstitions may cast a shadow, crypto investors have reasons to defy the perceived unluckiness associated with this day. Let’s delve into stories, historical superstitions, and Bitcoin’s track record on this supposedly ominous date, aiming to bring calm to those uneasy about […]
BTCUSD Encounters the $47,000 Barrier BTCUSD encounters a notable obstacle at the $47,000 resistance level, coinciding with the upper boundary of its parallel channel. Despite significant upward movement, the market’s progress has stalled below the $45,000 threshold. However, a consistent upward trend persists along the middle line of the parallel channel. BTCUSD Key Levels Supply […]
