Tag: financial news

Bitcoin's Price Drop: Why This Isn't the End (It's the Beginning)

Bitcoin's Price Drop: Why This Isn't the End (It's the Beginning)

Okay, so Bitcoin took a dip. You panicked, maybe sold. I get it. Those crimson digits can hit you with a fight-or-flight response life or death anxiety that reaches back to our hominid ancestors. In those days, scarcity meant doom. Here's the thing: freaking out about a Bitcoin price drop...

Bitcoin Eyes $143,000 Target as Key Resistance Nears

Bitcoin Eyes $143,000 Target as Key Resistance Nears

Bitcoin is exhibiting strong performance this year, outperforming traditional markets, and analysts predict further gains should it breach a critical resistance level. After being declared dead just months ago, crypto is up 15% on the year, trouncing the S&P 500’s measly 5% advance. Bullish determinants Campbell lists a number of...

Bitcoin Eyes Potential Short Squeeze Amidst Market Volatility

Bitcoin Eyes Potential Short Squeeze Amidst Market Volatility

As Bitcoin approaches the monthly / quarterly close, we’re seeing record amounts of order-book liquidity build up. Bitcoin plummeted to noted levels near $107,000 just after. It’s easy to see why analysts are now looking closely for a potential “short squeeze.” As Washington gears up for a possible fall search...

Bitcoin's Price Swings Amidst Intraday Volatility, Trades Near $108K

Bitcoin's Price Swings Amidst Intraday Volatility, Trades Near $108K

To that end, Bitcoin showed extreme trading fluctuations, at 24-hour lows of $107,194 and highs of $108,489. Despite these swings, Bitcoin traded at $107,937 as of 22:22 UTC on Sunday, marking a 0.54% increase over the past 24 hours. The cryptocurrency demonstrated resilience with established support at $107,300, where multiple...

Bitcoin Blasts Past $107K! Is a New All-Time High Next?

Bitcoin Blasts Past $107K! Is a New All-Time High Next?

Bitcoin is once again front and center, luring investors from all over the world. It’s been trading close to $107,000 and is displaying amazing strength in the wake of persistent geopolitical turmoil. This resurgence has reignited the debate: Is a new all-time high within reach? BlockTraderHub.com investigates what’s behind the...

Trump Praises Bitcoin as Dollar Weakens Amid Economic Concerns

Trump Praises Bitcoin as Dollar Weakens Amid Economic Concerns

The US dollar faces mounting pressure as its strength declines, with Bitcoin emerging as a potential relief valve, according to US President Donald Trump. His statements come amid increasing angst over surging US government bond yields. They point to the ongoing massive trade deficits, which just might indicate a coming...

Bitcoin Stuck? Analyzing the Demand Needed for a Breakout

Bitcoin Stuck? Analyzing the Demand Needed for a Breakout

Bitcoin has become an obsession for investors and traders, with its price movements always in the news. So far, the digital asset has been going through a period of consolidation. It currently bounces between $100,000 and $110,000, where it has built some level of support. BlockTraderHub.com is proud to publish...

Bitcoin's Dip? 3 Reasons Why This Is Actually GOOD News

Bitcoin's Dip? 3 Reasons Why This Is Actually GOOD News

Okay, let's talk Bitcoin. You’re seeing it in the headlines and in all of the charts that have gone down in red. That could actually be raising a ball of dread in your gut. Is the party over? Is Bitcoin finally crashing back to earth?I’m here to tell you that...

Bitcoin Navigates Volatility as Market Awaits Sustained Demand

Bitcoin Navigates Volatility as Market Awaits Sustained Demand

Bitcoin started the week with a storm of price movement. The resulting bang was a thorough restructuring of the derivatives market as well. Regardless of the ups and downs, Bitcoin is still stagnant in the $100,000–$110,000 range, with onchain activity suggestive of a cooling down period. The crypto’s price action...

Texas Invests $10 Million in "Strategic" Bitcoin Reserve

Texas Invests $10 Million in "Strategic" Bitcoin Reserve

Early in September, Texas made history by becoming the first U.S. state to fund a “strategic” bitcoin reserve. This decision marks an important step in the long march towards officialdom’s acceptance of digital assets. In June, Gov. Greg Abbott signed the Texas Strategic Bitcoin Reserve and Investment Act into law....