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Posts Tagged ‘Price’

Bitcoin Price Could Return to $7.7K Low, Veteran Analyst Predicts

Bitcoin is starting to look shaky and could potentially return to last week’s lows of $7,700, predicts veteran crypto analyst @CryptoCred. Bitcoin Holds on Above $8K BTC bulls are desperately clinging to the $8,400 level right now, but the last few days saw volumes falter once again. The rally back above $8,700 was brief and…

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Bitcoin Weekly Price Stays in the Green Despite Tough Week

Bitcoin price has somehow managed to remain in the green over the past 7 days despite a string of unfavourable events. Regulators remain hawkish, tax authorities are tightening their grip and Facebook’s Libra is back under scrutiny again. Bitcoin Holds Fast as Regulators Swoop In on Libra, Telegram Just ahead of the weekend, the market…

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Bitcoin Price Consolidation, And The SEC Spoils The Party

Japan was hit by Typhoon Hagibis this weekend, causing devastation and affecting both the Japanese Grand Prix and Rugby World Cup. So what has been causing devastation and affecting bitcoin and cryptocurrency markets for the past week? Bitcoin Price: Consolidation Station So it seems we are back in a consolidation phase, albeit around the lower…

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Bitcoin Price Likely to Breakout Alongside S&P 500, Says Tom Lee

US stock index S&P 500 is moving towards new highs, and that can be a catalyst for another Bitcoin rally, says Thomas Lee, Head of Research at Fundstrat. Bitcoin to Benefit from Stock Market Confidence While the largest cryptocurrency has proven to have a low correlation with traditional markets, a stock market rally could add…

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WATCH: What Drove Bitcoin Price Up Today? We Explore the Pop

The price of Bitcoin (BTC) jumped 5.1 percent on Wednesday to the highest price in three weeks, after the Federal Reserve (Fed) said it would print money to expand the size of bank reserves – seen as a move by the U.S. central bank that could spark inflation. Traders said optimism also was buoyed by…

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Bitfinex’s Token Crashes Beneath its $1 Private Sale Price

The UNUS SED LEO (LEO) token, native to the Bitfinex exchange, fell below the $1 dollar price, breaking under the nominal peg of the initial token sale. LEO has seen relatively low demand, and so far managed to peak at $1.99, later deflating slowly toward $1. LEO Falls Under IEO Price for the First Time…

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Bitcoin Price And Other Cryptocurrency Headlines

This week has seen further protests in Hong Kong, as residents feel their democracy is being eroded. Of course, we can show our own unhappiness with the current global financial system, simply by buying bitcoin. And not a tear-gas canister in sight. Bitcoin Price: The Week’s Moves Following last week’s bitcoin price drop to $8k,…

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Stablecoin Inflows to Exchanges Dictate Bitcoin Price Behavior, Data

Bitcoin (BTC) had greater probability of rallies when exchange wallets marked net inflows of stablecoins. This is yet another evidence that the crypto markets are widely affected by the movement of several key dollar-pegged assets, but mostly Tether (USDT). BTC Moves Predicted by Liquidity Injections Elias Simos, market researcher, noted the relationship that explained several…

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