Up 5%: Bitcoin Sees Biggest Single-Day Price Gain for 2 Months
Bitcoin is eyeing a bull revival above the psychological resistance of $11,000, but a strengthening dollar could put a spanner in the works.
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Despite a dip today, bitcoin has crossed into bullish territory with the biggest weekly gain since July
"Traditional Crypto-Pump groups are being copied and legitimized by WallStreetBets," Jehan Chu, co-founder and managing partner at Kenetic Capital, told CoinDesk.
Peter Brandt, a veteran financial analyst and trader, is questioning whether Bitcoin has more upside in the near term. Bitcoin (BTC) faces the prospects of falling further even after its price made a strong recovery after crashing from $65,000 to $30,000 in May 2021.So it reflects in the latest statements from Peter Brandt, chief executive of global trading firm Factor LLC, who questioned, if not asserted, the longevity of the ongoing relief rally in the Bitcoin market, especially after a 50%-plus price crash.The veteran commodity trader challenged "BTC price historians" to identify a....
About 2,822 bitcoins were moved from OKEx within 15 minutes of withdrawals restarting.
In yet another big payout on mBit Casino, a player has won over 150 bitcoins in one day by playing Endorphina-provided slot games, namely the popular 4 of a King. At press time, 150 bitcoins is worth $97,974 USD. According to the casino, the player won most of the money from 4 of a King’s bonus rounds. As usual, in the interest in transparency, mBit casino uploaded videos of the player’s biggest winning spins to YouTube. MBit Casino’s History of Huge Payouts. MBit has awarded large payouts to players before, most recently giving 100 bitcoins in September—worth more than $60,000 at the....