The Return of Bitcoin Bull Market: Will Governments Eventually Defeat Bitcoin?

Bitcoin has continued to make moves to recover recent losses having reached a week high of $38,500. In a week that sees most altcoin failing to produce gains, Bitcoin dominance is booming. Will Government regulations make or mar Bitcoin? After falling to as low as $31,000 on Tuesday, Bitcoin started to reclaim its lost ground …

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Crypto News Digest May 30 – June 5

Cryptocurrencies

May 30, 2021 Indian banks sends cautionary email to customers to adhere to RBI guidelines and refrain from crypto transactions U.S. Senator Rick Scott urged Treasury Secretary Janet Yellen to take massive action on cryptocurrency scams, which have cost consumers at least $80 million. Ripple stops US securities and exchange from accessing its legal concerns …

Read moreCrypto News Digest May 30 – June 5

Bitcoin Market Analysts Divided Over Price Trajectory

CryptoCaptain market sentiment

Yet another choppy week of price action in the crypto sphere. With Bitcoin down by about 4.7% this week, having tested a resistance at $40,760 last week. Analyst remain divided over short and intermediate term trajectory of the cryptocurrency giant. Bloomberg Analyst: Bitcoin more likely to hit $100K than $20K in 2021 Bloomberg senior commodity …

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Crypto News Digest May 23 – May 29

Bitcoin Sell season - CryptoCaptain

May 23, 2021 Billionaire David Rubenstein Says ‘Unrealistic‘ to Think Government Will Stop Cryptocurrency From Being What Investors Want. Michael Hsu – the new chief of the OCC – revealed that the US independent bureau plans to put under review its crypto guidelines offered over the past year. He added that all federal banks should …

Read moreCrypto News Digest May 23 – May 29

Market Analysis: Is Bitcoin Headed For Further Crash?

CryptoCaptain market sentiment

Yet another week of indecisive price action as Bitcoin was unable to reclaim the $40k levels. Traders remain extremely cautious following last week’s brutal sell-off, but on-chain data is beginning to signal increasingly bullish activity. The past week hasn’t gone in favour of the bulls as the price of Bitcoin is down about 9%, currently …

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Crypto News Digest May 16 – May 22

Cryptocurrencies

16 May, 2021 Tesla backtracked on accepting Bitcoin, but there are car dealers that take it. Norwegian billionaire Kjell Inge Rokke says bitcoin becoming mainstream is inevitable. Unlike Tesla, which stopped accepting cryptocurrency, Rokke’s company is now considering accepting bitcoin as a means of payment, emphasizing that Elon Musk’s comments about the cryptocurrency’s environmental issues have …

Read moreCrypto News Digest May 16 – May 22

Bitcoin: Is This The End?

Sell Signal On May 13 - CryptoCaptain

Bitcoin has seen a shaky week in which the price is down by over 20%. The cryptocurrency giant alongside almost all altcoins experienced a bloodbath, with Bitcoin retesting the $30k support. Is bitcoin in for full recovery or is the bull market over?  Elon Musk May Have Just Hinted An Offload Of Tesla’s Bitcoin Holding …

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Crypto News Digest May 9 – May 15

Cryptocurrencies

9 May, 2021 Central bank digital currencies (CBDCs) are steadily becoming a serious discussion among governments globally, with Kazakhstan as the latest country unveiling its plans. The National Bank of Kazakhstan is making preparations to launch a CBDC pilot program soon. In order to accelerate the growth and advancement of key ventures in Solana’s blockchain …

Read moreCrypto News Digest May 9 – May 15

Bitcoin: Sell Season?

Bitcoin Sell season - CryptoCaptain

Bitcoin, the digital currency giant started off to a good start this week but took a sharp drop trend following news that Tesla suspended accepting BTC as payments for their electric vehicles. A sea of reds for the crypto world at some point this week. The question now is, is it time to buy or …

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Crypto News Digest May 2 – May 8

Cryptocurrencies

2 May, 2021 A chief economist at UBS, the largest bank in Switzerland, sees a number of problems with bitcoin. In attempting to answer the question of whether the cryptocurrency defies the zeitgeist, he claims that “bitcoin is denied to those minority groups who have reduced online access.” With bitcoin’s record-breaking run over the last …

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Bitcoin Bull Run Finally Coming To An End?

A bull and a bear fighting - CryptoCaptain

A week that sees Bitcoin trying to stage a comeback in order to catch up with spectacular price action seen in Ethereum and other altcoins. Is the Bull season over?   Comedian Bill Maher Just Made Bitcoin Decidedly ‘Uncool’ The power being used right now to guess numbers and win imaginary prices is the same …

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Crypto News Digest April 25 – May 1

Cryptocurrencies

25 April, 2021 Gamevil, a publicly listed firm, has bought a stake in Coinone, South Korea’s third largest digital currency exchange. The investment comes just months after Gamevil’s rival Nexon was reported to be eyeing a stake in Bithumb, Korea’s second largest exchange. With a liquidity mining program set to launch on Monday, Aave could be …

Read moreCrypto News Digest April 25 – May 1

Bitcoin To Hit 100k This Year Despite Recent Price Slump – Experts Believe

Market Sentiment

The flagship cryptocurrency has been recovering from its recent slump of around the 46,000 range having attained ATH of $64,900 last-week. Despite recent panic, some analyst still expects six-figure Bitcoin prices this year. Pending any dramatic movement in price today, this is the first time in six years that Bitcoin will end the month of …

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Crypto News Digest April 18-24

Cryptocurrencies

18 April, 2021 $7.6 billion in crypto long positions have been liquidated over the past hour as bitcoin’s price plunged to $52,000. The subreddits for Dogecoin and CryptoCurrency added a combined 232,697 subscribers last week, far outpacing the growth of all other communities. For the first time, a Chinese government official has recognized the value …

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A Red Week But Bitcoin Still Bullish

Bitcoin Weekly Chart

A red week for Bitcoin and the cryptocurrency market. With only a few exceptions, almost every crypto experienced a decline this week. Bitcoin saw a stormy week in which the price dropped by a steep 20% to break beneath $50,000 and reach as low as $47,500 today.   Peter Brandt: ‘Laser eyes’ to blame for …

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Crypto News Digest April 11-17

Cryptocurrencies

11 April, 2021 Mass adoption may take crypto toward centralization. German Greens talk Bitcoin in their manifesto as Angela Dorothea Merkel, one of the longest ruling elected politician, steps down. Many analysts, including ones from Bloomberg, predict an unprecedented move to $400k. 12 April, 2021 Speculation went into overdrive in February when an anonymous Indian minister told Bloomberg …

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Bitcoin: Is $70k in Sight?

Bitcoin Record High week

A week that sees Bitcoin break above the stiff overhead resistance at $61,825.84, indicating the resumption of the uptrend. The sharp rally also completed the breakout from the inverse head and shoulders pattern that has a target objective at $69,540. Bitcoin traded at a record high of $64.5k this week. Will Bitcoin continue an upward …

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Crypto News Digest April 4-9

Cryptocurrencies

04 April, 2021 Gemini CEO and Bitcoin bull Tyler Winklevoss believes that the US government might be increasing regulations on Bitcoin, but the possibility of a ban on the cryptocurrency industry is very unlikely. On-chain data suggests no more selling by Bitcoin miners 05 April, 2021 Ark Invest believes Bitcoin’s (BTC) market capitalization will one day “comfortably …

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Bitcoin Price Stalls But Market Still Bullish

The digital currency giant started the month with another attempt to breach the $60,000 benchmark level. Unfortunately, it was unable to overcome this resistance through the week as it set a range between $60,000 and $57,000. Despite Bitcoin moved sideways over the last week of trading as it sits at $58,600, experts echo the likelihood …

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