Bitcoin gets green light for price discovery with ‘almost no supply’ on excha...
Resistance is thinner than ever, while data leaves the market guessing about what will happen when Bitcoin revisits $64,500 all-time highs. Bitcoin (BTC) is now free to surge not only to existing all-time highs but beyond, analysts have said.Analyzing orderbook data on Oct. 15, monitoring resource Whalemap revealed that Bitcoin had already beaten all major resistance levels.Bitcoin is already moving in thin air With $60,000 hitting for the first time since April, the odds are on for new all-time highs — and the timeframe for these keeps getting smaller.Now, a look at exchange conditions....
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Brazil might just become the first country to launch a spot XRP ETF also known as exchange-traded fund, after Hashdex received the green light from the nation’s securities regulator. The Hashdex Nasdaq XRP Index Fund has entered its pre-operational phase, as confirmed by Brazil’s Securities and Exchange Commission (CVM). Related Reading: XRP In Demand: Whales […]
Bitcoin price still continues to climb despite seven solid weeks of positive price momentum. Whether or not the cryptocurrency has already returned to price discovery mode or not, is debatable. But even if it isn’t, this latest push has brought the first-ever cryptocurrency to its final resistance level before setting a new record. When the […]
In the light of CEO Alex Green's recent announcement that Moopay LTD will be filing bankruptcy, the creator of Dogecoin, Jackson Palmer, released a statement regarding the aftermath. "It's sad to see anything like this which hurts the awesome folks in this community - hopefully store owners will find another solution (fairly sure Shopify now supports crypto through gateways) to accept DOGE and the migration isn't too painful." "That being said, I find it hard to feel sympathy for the business - if you're running a bootstrapped startup, you don't go around throwing tens (or maybe hundreds....
As companies like Ninepoint and Greenridge have demonstrated, Bitcoin is going green. And this will attract more institutional investors.
Bitcoin is a fundamental discovery in a long chain of cryptographic progress.