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Bitcoin News / Bitcoinist - 2 months ago

Bitcoin Price Just Entered The DCA Zone That Has Previously Triggered A 2,200% Rally To ATH

Bitcoin’s price action is no longer trading with a sense of euphoria, nor is it safely above the levels that kept bulls confident earlier in the year. Instead, the leading cryptocurrency has now moved into a DCA zone, which is a region that has...

Bitcoin News / Bitcoin.com - 2 months ago

Blackrock Files Final Pre-Launch Form for Bitcoin Covered-Call ETF, Analyst Gives 1-Week Window

Bloomberg Intelligence senior exchange-traded fund (ETF) analyst Eric Balchunas said on Thursday that Blackrock’s Ishares Bitcoin Premium Income ETF could be live on Nasdaq within a week after the firm filed a Form 8-A with the U.S. Securities and Ex...

Cryptocoins News / The Cointelegraph ​ - 2 months ago

Big Tech crash, oil volatility rattles markets: Will Bitcoin hold above $60K?

With $1.9 billion exiting the spot Bitcoin ETFs and tech stocks under pressure, BTC is failing as a hedge and at risk of falling below the $60,000 support.Key takeaways:The Nasdaq 100 Index dropped 7.5% in the seven days leading up to Wednesday, wipi...

Bitcoin News / Bitcoinist - 2 months ago

Bitcoin Market Faces A Potential Profitability Reset As More Coins Slip Out Of Profit

The Bitcoin market continues to take a hit, and investors both big and small are heavily feeling the ongoing market pressure, which has caused its price to drop to $61,000. The amount of BTC in profit territory is steadily dropping following the rece...