Category «Bitcoin news»

Bitcoin May Lose Some Battles, But It Will Win The War, Tyler Winklevoss Says

cryptogazette.com May 24 2021 13:18, UTC Following a pretty harsh week during which the crypto prices have been dropping like crazy, the crypto market seems to have a fresh start today. As we already reported earlier, CoinDesk reveals that the crypto market is witnessing a relief rally on Monday, as bargain-hunting helps major coins regain …

Bitcoin Holds Short-Term Support; Faces Resistance At $40K

www.coindesk.com May 24 2021 13:14, UTC Bitcoin (BTC) remained under pressure over the weekend as traders react to China’s latest news to tighten crypto regulation. The cryptocurrency is down about 36% month-to-date and was trading around $37,000 at the time of writing. Price recoveries should remain limited to $40,000 as the broader uptrend weakens. Slowing …

HSBC CEO Says Bank is “Not Into Bitcoin”: Report

cryptobriefing.com May 24 2021 12:00, UTC HSBC’s CEO confirms the bank’s doubts about cryptocurrencies.  HSBC’s Aversions to Bitcoin  HSBC is not planning on adopting Bitcoin, the CEO has confirmed.  Speaking to Reuters, Neil Quinn explained that the asset’s price volatility has stopped the bank from promoting cryptocurrencies to clients. He said:  “Given the volatility we …

Bitcoin Dominance Rises Again As Funds Are Buying The Dip

cryptonews.com May 24 2021 11:47, UTC Bitcoin (BTC) is seeing some notable light in a bearish tunnel as the new week began: it’s dominance is up around 17% in the midst of a selloff, while it’s also among those coins that fell the least in the past 7 days and from their all-time highs (ATHs). …

Bitcoin (BTC) Creates Higher Low After Monumental Correction

beincrypto.com May 24 2021 08:59, UTC The Bitcoin (BTC) price decreased considerably last week, reaching its lowest levels since Jan. 2021. However, it has managed to create a higher low above the $30,000 support area. Weekly BTC Levels Last week, BTC created another bearish candlestick. The decrease took it to the $30,000 support area that …