Bitcoin surpasses $40,000 for the first time this year, due to bets on U.S. interest rate cuts and anticipation of the approval of a bitcoin exchange-traded fund. This is the first time that the price of the world’s largest cryptocurrency has surpassed $40,000 since May 2022 as popularity creates. Bitcoin surpasses $40,000. Why is cryptocurrency…
The “Bitcoin Bubble Index” strongly suggests that another local BTC price high will occur this year. According to new data, Bitcoin (BTC) is in the midst of a “double bubble” and will reach two price peaks this year. BTC Price Gears Up for the Second Peak The question of whether Bitcoin’s 2021 bull run will…
Canadian Regulator Adds By bit to Crypto Exchange Crackdown By bit, one of the world’s top five crypto exchanges with $53 billion in trading volume in the last week, is in hot water with Canadian regulators—along with other prominent crypto trading platforms. It’s now added By bit to its investor warning list and set…
Bitcoin bulls want to remove a major overhead resistance level to build a $55,000 course. During the early trade hours on March 3 Bitcoin (BTC) price fell by $50,000 as bulls felt that their traction had been gained and most altcoins were joining during the rally the day. Bullish reversal of Bitcoin BuyUcoin Markets and…
