With Bitcoin [BTC] holding the fort at $40k, will it be able to stage a rally soon

The last few weeks must have been hellish for paper hands who hold bitcoin (BTC). With a decline in the price of the cryptocurrency, the $40k level remained a static resistance level as the coin traded below this level for most of last week.

Timeline of Bitcoin

Though the cryptocurrency market is trading with mixed signals, major cryptocurrencies like Bitcoin, Ethereum, XRP, LUNA among others are trading with a positive price action. Today, after the Bitcoin price battled against bears for several days, it looks to have found the stability with a slight bull run. As the flagship currency finds a recovery …

Bitcoin is not topping the list of the favorite investments of some big names in the financial sector. One of those is billionaire Warren Buffett who has not been shy to voice his displeasure with the digital asset.

Widely followed crypto analyst Benjamin Cowen says that a strong capitulation for Bitcoin might be needed before traders can start talking about a bullish reversal. In a new strategy session, Cowen says that previously, he called for a capitulation to fuel the next leg of the Bitcoin's bull run but never really got what he The post Crypto Trader Issues Bitcoin (BTC) Alert, Says Capitulation May Be Incoming – Here's His Target appeared first on The Daily Hodl.

NEAR protocol rises 12% while Bitcoin tapped the $39,000 price range and most altcoins followed and bounced off from the weekend bloodshed so let's read more today in our latest altcoin news. NEAR protocol rises 12% and gained the most from the larger cap altcoins.

The BTC ATM installations are reducing for the 4th consecutive month in 2022 which stems from the regulator's hesitance to adopt the BTC ecosystem so let's read more in today's latest Bitcoin news. April 2022 marked the fourth consecutive month of a reduction in the installation of BTC ATMs and since the slowdown began at

While some of the world's top billionaire investors have announced expanding their investment portfolio with Bitcoin and other cryptocurrencies, Warren Buffet has remained undeterred. The [...]

Bitcoin (BTC/USD) sought to reverse recent weakness early in the Asian session as the pair added to upward price pressure that originated after trading as low as the 37401 area, its weakest print since mid-March.    The 38748.20 level represented technical resistance during the move higher, a test of the 23.6% retracement of the depreciating range from 43109.47 to 37401.

The Swiss central bank will continue to not hold bitcoin on its balance sheet, despite the ease with which it could, says its chairman Thomas Jordan. The post Swiss Central Bank Still Not Holding Bitcoin, Even Though It Could appeared first on BeInCrypto.

Bitcoin, the largest cryptocurrency began the month of May amidst a cloud of uncertainties. With a decision on United States monetary policy due Wednesday, markets attempted to align themselves with central bank policy.

Over 50 big bitcoin mining advocates sent a letter to the EPA pushing back on recent claims made by a group of House Democrats. The post Bitcoin Mining Council rebuts House Democrats in letter to EPA appeared first on The Block.