Tag: Bitcoin

Market Wrap:’Elon Candle’ Impact Fades Quickly as Bitcoin Retreats Below $55K

Tesla got the market excited briefly, but bitcoin remains in possession mode.Bitcoin (BTC) trading around $54,771.18 as of 20:00 UTC (4 pm ET). Slipping 0.63% within the previous 24 hours.Bitcoin's 24-hour range: $53,577.33-$57,225.30 (CoinDesk...

Fidelity-Affiliated Fund Files for Bitcoin ETF

Peter Jubber, the managing director of Fidelity Digital Funds, serves as president of the trust.An affiliate investment giant Fidelity is seeking to offer a bitcoin (BTC, -8.56%) exchange-traded fund in the U.S. marketplace.A Wednesday...

Goldman Documents to Provide Notes Connected to a ARK ETF Which May Have Bitcoin...

Payout on the notes will be Determined by the performance of this ARK Innovation ETF, an actively managed fund Provided by Cathie Wood's ARK Investment Management.Goldman Sachs dipped another fur to the cryptocurrency pool...

Bitcoin Breaks Below Short-Term Uptrend, Lower Support Around $50K

Bitcoin's uptrend continues to slow after breaking short-term support.Sellers were busy during Asia hours, compelling bitcoin (BTC) under intraday trend support. The wider uptrend continues to slow, with much lower support about $50,000 and...

Bitcoin’s Risk-Reward Ratio Suggests Bull Run Has Plenty of Scope to Continue

Bitcoin's"reserve risk" metric suggests the cryptocurrency is nowhere close to a significant cost .Despite seeing its largest drop for a month in the previous 24 hours, bitcoin (BTC, -9.04percent )'s bull run is likely...

Hut 8 Joins Foundry’s Institutional Bitcoin Mining Pool With Over 14,000 Machines

Hut 8 plans to add another 5,000 ASICs into Foundry's pool by August.Publicly traded bitcoin (BTC, -8.4%) mining firm Hut 8 is currently mining via Foundry's North America-based pool, based on an announcement made...

Time Magazine Lists ‘Comfort With Bitcoin’ as Qualification for New CFO

The LinkedIn project posting shows awareness of cryptocurrencies is entering the C-suite in a way that could have been unthinkable a year ago.A project record for a chief financial officer at Time Magazine lists"comfort...

Bitcoin may’take out’ past $53K lows before bulls regain control, says Dealer

A night of declines pressures bulls as liquidations mount up and $46,000 support looms large.Bitcoin (BTC) dropped to its lowest in a couple of weeks March 23 amid fears that bulls were running out...

Bitcoin rally slows as Swimmers Move wealth to retail investors

Crypto analytics company Glassnode has seen several indicators indicating Bitcoin's bulls might be slowing down.Analytics supplier Glassnode is reporting that present on-chain indicators indicate the Bitcoin bull market might be entering its later phases."The...

Institutional crypto Supervisors report Listing AUM despite US inflows plummeting

Institutional inflows have dropped 59 percent last week, but AUM is in an all-time large.In accordance with electronic asset investment director CoinShares, institutional requirement in the USA has diminished marginally, while European capital are...