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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Crypto News Digest March 21-27

21 March, 2021 A year into the pandemic: How Argentina’s economy struggled while its crypto ecosystem flourished. As neighboring countries such as Canada and Brazil approve their first bitcoin ETFs, all attention is on the U.S. anticipating when the country’s financial regulators will green-light an ETF for the world’s largest cryptocurrency by market cap. SkyBridge Capital Founder: Bitcoin Will …

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Bitcoin Consolidating Recent Gains

Crypto Weekly View

Taking about 10% fall in price in the past seven days, the cryptocurrency giant has experienced a fall throughout the week after slipping beneath an ascending trend line around the previous ATH from February at around $58,300, back on Monday. On Saturday March 20th, Bitcoin was rejected trying to break through the $60k resistance level. …

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Crypto News Digest March 15-19

Monday 15th, 2021 The Oakland Athletics major league baseball team, known as “the A’s,” is temporarily allowing fans to pay in bitcoin for seasonal use of a private suites. The minister of finance of India, Nirmala Sitharaman, has given a ray of hope for the Indian cryptocurrency community as more fear, uncertainty and doubt circulate …

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Bitcoin Price Analysis: Resistance Stumbling Block For New ATH?

Having touched an all time high of $61k, Bitcoin experienced yet another week of volatility which sees the digital currency giant take a peel back and retracing to week low of around 53k. Most altcoins experienced similar trend however, some performed much better than others. Is Resistance the hurdle to setting a new ATH?   …

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Bitcoin’s Next Station $100k?

Current crypto market sentiment Cryptocaptain.com

Along the US goverment’s economic stimulus package and large investors’ crypto buyings,  the whole week witnessed a large rebound of Bitcoin from $49k to $57k after its recent correction since February 22. Will Bitcoin go above its all time high anytime soon? Exciting stimulus news makes impact? The crypto giant made gains on Sunday moving …

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Bitcoin Still To Break The 50k Resistance But Bull Rally Remains Strong On The Long-Run

Bitcoin technicals

Following an unstable week of price action that has seen inconstancy in bitcoin price, bitcoin continues to show infirmity in the region of $47,600. Having failed to break past the $52,000 mark, suggesting the possibility of more downside in the short term. The world’s largest cryptocurrency, Bitcoin currently trading at $47,600 experienced a massive correction …

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“The Road To Glory Is Always Bumpy” – While Bitcoin Corrects, Long Term Sentiment Is Still Bullish

The Road to Glory is Bumpy #Bitcoin

The past two days showed a 15% dip to the cryptocurrency king, Bitcoin. This dip has brought about panic as investors fear that further downward trend of the cryptocurrency could lead to more investors liquidating. Bybt reports via their twitter account that there’s been a total of $4.4 billion liquidated in the past 24hours. https://twitter.com/bybt_com/status/1364118435907526656?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1364118435907526656%7Ctwgr%5E%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fpublish.twitter.com%2F%3Fquery%3Dhttps3A2F2Ftwitter.com2Fbybt_com2Fstatus2F1364118435907526656widget%3DTweet …

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CRYPTO NEWS DIGEST FEBRUARY 15-21

Weekly news digest from 15 February to 21 February 2021. Clients of Goldman Sachs, JPMorgan and UBS Banks were among the buyers of the exchange note based on Polkadot from 21Shares ha From March 1, 2021, OKCoin will withdraw Bitcoin Cash and Bitcoin SV from trading. ASIC miner manufacturer Ebang will start mining bitcoins on …

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Bitcoin hits $58k, sets new record high.

5 days bitcoin growth graph

Bitcoin increased about 28% in the last 7 days reaching an all time high of $58,335 in Sunday trade. Some reasons for this spike can be attributed to billionaire Elon Musk after his portfolio company Tesla invested about 1.5 billion USD and also stated that they would accept BTC as a form of payments for …

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Big Financial Institutions Are Quickly Adopting Cryptocurrency

Below are highlights of some recent adoptions by big financial institutions: 1. National central bank plans to license exchange offices to sell cryptocurrencies in Kyrgyzstan. Source: Akipress 2. ECB’s Largede says central banks holding BTC is “out of the question” The European central bank (ECB) believes that no global central bank will be holding Bitcoin …

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CRYPTO NEWS DIGEST FEBRUARY 8-14

Cryptocurrencies

Billionaire Mark Cuban bought DOGE for his son, and Elon Musk also followed suit. Microsoft’s educational game Azure Space Microsoft gives out Enjin tokens that can then be used in Minecraft ⛏ Cryptoexchange Kraken has launched a venture fund to invest in crypto startups. The size of investments in one company is from $250 thousand …

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