Page 4 - Running Bitcoin News Today

Today, a report was released by Arcane Research in partnership with Bitcoin trading platform Bitstamp outlining the case for BTC as the future of collateral

Coinbase Bitcoin Outflows Are The Strongest Bullish Signal “Ever” Bitcoin price is trading above $50,000 once again, following a short-lived correction below the key level. Bullish news that Coinbase had filed to go public helped send the price higher this morning, but the real strength in the cryptocurrency comes from outflows leading the exchange. Here’s why one top quant analyst says that the 13K BTC outflows are the “strongest bullish signal” they’ve “ever seen.” 13,000 Bitc...

Bulls were able to prevent the pattern from fully forming, stopping the candle short of the 50% engulfing requirement. The pattern and minor pullback was enough to lure bears in a trap, and this morning short sellers were squeeze and Bitcoin blasted through resistance to set yet another new high. Coinciding with the rise, was a sizable uptick in stablecoin transactions that one cryptocurrency quant analyst says was used as “rocket fuel” by whales to pump BTC prices even higher. Stablecoin t...

The leading cryptocurrency continues to absorb any and all capital in its path, causing its price and market cap to expand.  The recent uptrend and price

Bitcoin price rose over $5,000 today due to a powerful surge of FOMO, driven following the news that the Elon Musk-led Tesla had added $1.5 billion in BTC

With only a 30% pullback on the books, it is hard to consider the most recent consolidation phase in Bitcoin much of a correction. But whatever base is