Bitcoin (BTC) Is Set To Confirm This Extremely Bearish Weekly Pattern

Bitcoin's (BTC) string of losses in the past month have put the token on course for its worst weekly run on record. BTC is now set for its sixth straight week of losses- its worst weekly run yet.

Timeline of Bitcoin

It is commonly believed that Bitcoin is one of the most private methods to send money and that payments are concealed somewhere in the blockchain. The post Mercury Wallet Review: Bitcoin wallet with Layer 2 scaling and improved privacy appeared first on CryptoSlate.

Tens of thousands of crypto traders are having their positions liquidated as markets across numerous sectors close out the week in the red. Data from the cryptocurrency futures trading and information platform Coinglass reveals that on May 5th, more than $407.60 million worth of trader positions in digital assets were wiped out in a 24-hour The post Over $407,000,000 in Crypto Liquidated in Just 24 Hours As Bitcoin (BTC) Plunges to Four-Month Low appeared first on The Daily Hodl.

At press time, Bitcoin (BTC) was trading in the red zone at $35,805, over 10% lower in the last 24-48 hours as per data from CoinGecko. The token has been experiencing a hard time since this is the fifth week that BTC has been trading in the negative.

With the king coin trying fresh support levels on a daily basis, it can be claimed that the bear has flatly refused to wake up and wishes to remain in hibernation. Bitcoin (BTC) has had an exceptionally difficult month, falling from $46,598 on April 4 to $36,432. In addition, the Awesome Oscillator (AO) confirms the …

Early on May 7, cryptocurrencies were trading in the red. The worldwide crypto market capitalization is $1.65 trillion, down 0.92 percent from the previous day. The overall crypto market volume over the last 24 hours has decreased by 17.85 percent to $93.61 billion. The overall volume in Defi is currently $9.81 billion, accounting for 10.48% …

The performance of the global crypto market has begun to improve as the new gains for it have helped it strengthen its value. The new changes helped relieve the ongoing bearish situation as Bitcoin and some others have gradually reduced their losses.

Bitcoin (BTC) was basically unchanged on Friday, settling at $36,000. In comparison to yesterday's steep price drop, the cryptocurrency has traded with less volatility in the last 24 hours. The price of Bitcoin is falling, which is forcing the rest of the crypto market to plummet as well. Now that Bitcoin has fallen below $37,000, …

Two U.S. senators, including Elizabeth Warren, have sent a letter to Fidelity Investments demanding answers regarding the company's decision to allow bitcoin investments in 401(k) retirement plans. “Investing in cryptocurrencies is a risky and speculative gamble, and we are concerned that Fidelity would take these risks with millions of Americans' retirement savings,” the lawmakers wrote.

As Mexican billionaire Ricardo Salinas continues to explain bitcoin from the private jet perspective, Bitcoinist's companion piece to the interview continues the job we started here. Or, it might even have been here.

Terra's commitment to filling up its coffers with Bitcoin has been solidified once more with another $1.5 billion purchase. This is the fruit of a pledge that the project had made to buy more than $10 billion worth of BTC to serve as a reserve for its stablecoin, UST.