Katie Stockton, the founder and managing partner of Fairlead Strategies, expects a breakout as intermediate and long-term trends are positive. “The rising 50-day (~10-week) MA, near $2,707 currently, has now become initial support for ether, but we think short-term overbought conditions may be absorbed without a pullback of that magnitude,” Stockton mentioned in the weekly … [Read more...] about Ether Poised for Biggest Monthly Price Gain Since April; Analysts Remain Bullish
April
The Sioux Energy Center has mined 20 Bitcoin in secret since April
Electric services provider Ameren Corporation announced Monday that it has successfully mined upward of 20 Bitcoin (BTC) using excess energy generated by one of its coal-based power plants — the Sioux Energy Center in West Alton, Missouri.While the company set up the data center used to mine the coins back in April, it did not publicly announce the addition until Monday. Its … [Read more...] about The Sioux Energy Center has mined 20 Bitcoin in secret since April
Rothschild Investment Corp has increased its Bitcoin exposure by 300% since April
Billion-dollar investment firm Rothschild Investment Corp quadrupled its exposure to Bitcoin (BTC) since April, new records show.In a filing with the United States' Securities and Exchange Commission (SEC) on July 17, Rothschild confirmed that it now owns 141,405 shares of the Grayscale Bitcoin Trust (GBTC). Rothschild GBTC shares near 150,000A quiet but nonetheless substantial … [Read more...] about Rothschild Investment Corp has increased its Bitcoin exposure by 300% since April
‘Fear’ grips Bitcoin as crypto market sentiment drops to lowest levels since April 2020
Bitcoin (BTC) and altcoin traders are more nervous than any time in over a year as a classic sentiment gauge signals “fear” is driving the market.According to the Crypto Fear & Greed Index, cryptocurrency traders have not had such cold feet about the market climate since April 2020.March 2020 on repeatFear & Greed uses a basket of factors to determine overriding … [Read more...] about ‘Fear’ grips Bitcoin as crypto market sentiment drops to lowest levels since April 2020
Bitcoin hits $57K in surprise surge to almost erase April BTC price crash
Bitcoin (BTC) retook $57,000 on April 30 as a surprise bullish end to month took traders by surprise.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$4.2 billion expiry gives way to big Bitcoin gainsData from Cointelegraph Markets Pro and Tradingview showed BTC/USD climbing 5% in hours on Friday to come within inches of a green monthly close for April.At press time, … [Read more...] about Bitcoin hits $57K in surprise surge to almost erase April BTC price crash