The price of Bitcoin (BTC) has surpassed $61,000 on April 10 for the first time in nearly a month. Following the breakout, traders are starting to look at new levels of resistance and support in the short-term as optimism returns to the market.In the near term, besides the all-time high at around $61,800, there are three key Bitcoin price levels to observe: $61,188, $58,387 and … [Read more...] about Watch these key technical levels as Bitcoin price nears $61,800 all-time high
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Bitcoin bulls return after BTC bounces at a key support level
A wave of selling took command of the cryptocurrency market on April 7 after Bitcoin (BTC) price dropped below $56,000. The market-wide sell-off led to $1.4 billion in liquidations and some analysts suggested that this could be the final sweep out of overleveraged long traders before Bitcoin can make a run higher to the $70,000 level. BTC/USDT daily chart. Source: … [Read more...] about Bitcoin bulls return after BTC bounces at a key support level
China’s biggest bank says Bitcoin is driving its efforts in this key area
An official of the People’s Bank of China (PBoC), the country’s central bank and chief financial regulator, said yesterday that the burgeoning Bitcoin space was one of the reasons behind the resurgence of the country’s own digital currency plans.“This (the interest in CBDCs) may also be related to the large increase in the price of Bitcoin,” said PBoC research head Wang Xin, … [Read more...] about China’s biggest bank says Bitcoin is driving its efforts in this key area
25% of all Bitcoin was exchanged in this key price range
25% of all Bitcoin was exchanged in this key price range | CryptoSlate Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Edge › Bitcoin › Edge Shaurya Malwa · March 31, 2021 at 11:00 pm UTC · 2 min read The past few months have seen billions of dollars worth of Bitcoin shift from the hands of HODLers to newer holders, … [Read more...] about 25% of all Bitcoin was exchanged in this key price range
CEO Yoni Assia reveals key details behind the move
Over the course of 2020, eToro sized up significantly, as Assia explained: “We’ve grown more than 147% year-over-year revenues,” he noted. This year rolled in with mainstream and crypto bull markets in full swing, in tandem with “the biggest discussion we’ve seen in human history around the intersection of social media and investment platforms” — all bubbling together to form … [Read more...] about CEO Yoni Assia reveals key details behind the move