Leading cryptocurrencies gained Sunday amid hints the U.S. government would use gold reserves to fund Bitcoin purchases. Cryptocurrency Gains +/- Price (Recorded at 8:30 p.m. ET) Bitcoin BTC/USD +2.66% $86,262.05 Ethereum ETH/USD +1.41% $2,013.81 Dogecoin DOGE/USD +3.73% $0.1739 What Happened: The apex cryptocurrency rose to an intraday high of $86,632.21 in the overnight hours, while…
Bitcoin (BTC) circled $85,000 into the March 23 weekly close as excitement over a key trend change brewed. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin price meets decisive RSI setup Data from Cointelegraph Markets Pro and TradingView showed BTC/USD finding strength during weekend trading. Up 1.5% on the day, Bitcoin edged higher as part of a…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Crypto analyst Ali Martinez has shared some important insights into the current Bitcoin (BTC) market based on UTXO Realized Price Distribution (URPD). Using this metric, the renowned market expert has highlighted key support and resistance levels with a potentially strong impact on…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin is currently trading in a tight range between short-term supply and demand, following weeks of heavy selling pressure that sent shockwaves through the broader crypto market. After losing over 29% since its January all-time high, BTC is now searching for direction.…
At this time, Bitcoin is at a level where things might turn out ugly. Concerns regarding the sustainability of the move are followed by the fact that despite breaking above a local ascending trendline, trading volume is not confirming this breakout. The bullish breakout is undercut by the declining volume trend, which also raises the…
Robert “Bo” Hines, executive director of the President’s Council of Advisers on Digital Assets spoke with media on Friday if the move to sell some of the gold in Fort Knox to buy Bitcoin remained budget-neutral, it could be considered This is of interest because in Trump’s announcement of a Bitcoin Reserve earlier this month…
A Bitcoin BTC/USD wallet valued at $250 million has sprung back to life after an eight-year hiatus, triggering a wave of speculation among cryptocurrency enthusiasts. What Happened: A Bitcoin wallet, initially valued at around $3 million in 2017, has recently become active after eight years of dormancy. The wallet now holds a staggering $250 million…
Shiba Inu (SHIB) has been experiencing mixed signals in recent weeks. The meme coin has made attempts to secure a breakout, but this effort hinges heavily on investor support. Unfortunately, this support has been weak recently, forcing SHIB to rely on the broader market, particularly Bitcoin (BTC), for direction. If Bitcoin continues its upward trajectory,…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Pakistan’s government plans to use its extra electricity for Bitcoin mining operations, turning unused power into a money-making opportunity. Officials have started talking with other government departments about creating special electricity rates for foreign Bitcoin miners to help cut costs on wasted…
Bitcoin (BTC) bulls are trying to make a comeback by maintaining the price above the 200-day simple moving average ($84,899) over the weekend. Bitget Research chief analyst Ryan Lee told Cointelegraph that Bitcoin needs to close above $85,000 this week to signal strength and “prevent a drop to $76,000.” Lee added that a close above…