Robinhood Accumulates $3B of Bitcoin in 3 Months — What Does This Mean for Markets? Robinhood, the popular commission-free trading platform, has accumulated over $3 billion worth of Bitcoin (BTC) in the past three months. This makes Robinhood one of the largest holders of Bitcoin in the world. Robinhood’s accumulation of Bitcoin is a significant…
September ‘Crash’ to $22K? — 5 Things to Know in Bitcoin This Week Bitcoin (BTC) is currently trading at around $26,000, down from its all-time high of nearly $69,000 in November 2021. Some analysts are predicting that Bitcoin could fall to $22,000 in September, while others believe that the cryptocurrency could rebound and reach new…
Bitcoin Traders Pinpoint Support Levels as BTC Price Taps $26.2K Bitcoin (BTC) traders are pinpointing support levels as the price of the cryptocurrency taps $26.2K. This comes after BTC experienced a sharp sell-off in recent weeks, falling from its all-time high of nearly $69,000 in November 2021. Support Levels Support levels are areas where the…
Bitcoin May Hit $100K by Capturing ‘Even 2 to 5% of Gold’s Market Cap’ — Hut 8 VP Sue Ennis Bitcoin (BTC) could hit $100,000 by capturing “even 2 to 5% of gold’s market cap,” according to Hut 8 Mining Vice President Sue Ennis. In a recent interview with Kitco News, Ennis said that Bitcoin…
PEPE Price to Zero? Pepecoin Rug Pull Allegations Put Memecoin at Risk Pepecoin (PEPE) is a memecoin that was launched in August 2023. The coin is based on the popular Pepe the Frog meme, and it quickly gained traction among investors due to its novelty and its association with the popular meme. However, in recent…
Bitcoin Traders Demand ‘Slow Grind’ Up After BTC Price Drops Over 4% Bitcoin (BTC) traders are demanding a “slow grind” up after the price of the cryptocurrency dropped over 4% on October 7, 2023. This comes after Bitcoin has been on a downward trend in recent months, with some analysts predicting a further price crash…
Bitcoin price chart showing a potential crash to $20K Bitcoin (BTC) has been on a downward trend in recent months, and some analysts are predicting that the price could crash to $20,000 or lower. There are a number of factors that could contribute to a Bitcoin price crash, including: Macroeconomic uncertainty: The global economy is…
Why is Bitcoin Price Down Today? Bitcoin (BTC) is down over 4% today, October 7, 2023, trading at around $27,800. This is a continuation of a downward trend that has seen Bitcoin fall by over 20% in the past month. There are a few reasons for Bitcoin’s recent price decline: Macroeconomic uncertainty: The global economy…
How Bitcoin Investors Can Trade Amid Tension Surrounding a US Government Shutdown A US government shutdown is a serious event that can have a significant impact on the economy and the financial markets. As a result, it is important for Bitcoin investors to be aware of the risks and opportunities associated with trading during a…
Bitcoin Price Drops Its Early Week Gains — Here Is Why Bitcoin (BTC) started the week strong, gaining over 6% on October 1st and 2nd. However, this momentum quickly faded, and Bitcoin is now down over 4% for the week. There are a few reasons for Bitcoin’s recent price decline: Macroeconomic uncertainty: The global economy…