BTC price approaches $32K as analyst warns of 'boring' summer for Bitcoin
$32,000 comes back into view at 6% gains are helped by a return to strength on U.S. stock markets. Bitcoin (BTC) retained new higher levels at the June 6 Wall Street open after BTC/USD snapped a nine-week losing streak.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewStocks could take BTC as high as $37,000Data from Cointelegraph Markets Pro and TradingView followed the largest cryptocurrency as it circled $31,500 on the back of 6% daily gains.The start of Wall Street trading provided further support to bulls as United States equities headed higher. The S&P 500 traded up 1.4% at....
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Bitcoin investment funds are seeing positive inflows while Ether funds continue to be drained, according to industry data. Digital asset investment products registered positive inflows last week, though the gains were mainly concentrated in Bitcoin (BTC) funds, signaling a more cautious approach to crypto allocation on the part of institutional investors. Bitcoin investment products saw cumulative inflows totaling $126 million in the week ending Saturday, according to the latest fund flows report from CoinShares. Year-to-date, Bitcoin investment funds have quietly added $506 million in net....
Perianne Boring is the president of the Digital Chamber of Commerce. The chamber will be hosting an Anti-Money Laundering Boot Camp at the North American Bitcoin Conference 2015 in Miami on January 16 and 17. Boring took time from her schedule to speak with CoinTelegraph about the boot camp and the importance of compliance with AML regulations for companies in the Bitcoin industry. CoinTelegraph: Please tell us where the idea came from to offer an anti-money laundering boot camp. What was your inspiration? Perianne Boring: We hear stories from companies about their efforts to put AML....
Perianne Boring graduated from the University of Florida during the height of the latest round of economic downturn and saw the results first hand in her native Lakeland. Since that time she has worked as a Congressional financial analyst and free market advocate and has written extensively on macroeconomics and consumer finance. Perianne also runs a popular personal blog called the Boring Bitcoin Report. Ms. Boring is a firm believer that cryptocurrency technologies have the potential to correct many of the problems inherent in a centralized economic system. CoinTelegraph: What are the....
Bitcoin bulls should brace for an impact from traders holding larger quantities of the cryptocurrency tokens, warns Robbie Liu.
In a recent episode of Crypto Banter’s “The Sniper Trading Show,” the analyst dissected Bitcoin, discussing various hurdles and approaches to handle trading through these challenges. With Bitcoin currently teetering around the $57,403 mark, up by 2.4% in the past 24 hours yet still down 21.9% from its March peak, the market sentiment is cautiously tinged. This cautious stance is echoed by the Crypto Fear and Greed Index, which the analyst shows stands at a wary 28, indicating that buyers are getting “cold feet”—a sentiment that historically signals buying....