BTC Financial News

Just two days ahead of the much-awaited 1.2% tax burn being implemented, Binance has added LUNC and USTC to Binance Convert.

cryptos are traded in the red. Bitcoin started the week trading at the $19,000 range but fell to the $18,000 level in the mid-week. Bitcoin (BTC) was more than 71 per cent down from it's all-time high by touching its lowest since July 12 as investors moved away from the riskier assets. One of the reasons for the downward trend could be because of the long US Labor Day holiday weekend. But, the market started showing some signs of recovery on Thursday and scaled up aggressively on Friday. BTC rose by nearly 10 per cent and regained its $21,000 position back. This means that buyers are now ready for the midterm rise. If bulls can hold BTC above the $20,575, we could also see it trade above the $22,400 level soon. The second largest cryptocurrency, Ethereum (ETH), continued to trade sideways, extending its previous weekend’s steadiness into the early week.

Bitcoin price gained pace and settled above the USD 22,000 resistance. BTC is currently (11:00 UTC) consolidating gains above USD 22,000. A clear move above USD 22,500 might start another increase in the near term.

SafeMoon investors are letting Barstool Sports founder Dave Portnoy off the hook as the plaintiffs filed for his dismissal from the lawsuit against him for allegedly promoting the SafeMoon token. 

Bitcoin (BTC) starts a pivotal week on a firm footing as bulls succeed in wiping out weeks of losses.

Bitcoin price started a strong increase above the USD 20,500 resistance. BTC even spiked above USD 22,000 and is currently (04:00 UTC) correcting lower. The bulls are now likely to remain active near the USD 21,200 zone.

Bitcoin, after falling to as low as $18,661 last week, registered promising growth as it gained by more than 9% in the last seven days. Its latest uptick sparked excitement in the community as enthusiasts and experts predicted a further surge in BTC’s price in the coming days. Several reports and analyses also seemed to point in the same direction.

Bitcoin (BTC) stayed higher into the Sep. 10 weekly close as optimistic forecasts favored $23,000 next.

In light of the influx of filings from cryptocurrency issuers in the United States, the Securities and Exchange Commission (SEC) decided to set up two new offices this fall to provide specialized support to the seven offices currently responsible for reviewing issuer filings. 

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion.

Bitcoin [BTC] miner CleanSpark has entered into anagreement to purchase Mawson Infrastructure Group’s mining facility. This facility stands in Sandersville, Georgia and was purchased for as much as $33 million.

Bitcoin [BTC]‘s ever-dominating rise in the spot market (market cap) has left all rivals behind by a margin. Ethereum [ETH], the closest rival still has miles and miles to go before it could catch up with the king coin.

The price per Bitcoin [BTC] grew by 5.16% in the last 24 hours, and stood at $21,612.76 as per data from CoinMarketCap revealed. The king coin was impacted by the broader financial assets market drawdown. This led to the price falling by 12% in August alone. 

MicroStrategy is one of the largest institutional investors in Bitcoin. The chairman of the software developer company, Michael Saylor, is a Bitcoin maximalist and has vowed not to sell the company’s Bitcoin holdings despite the notable decline in Bitcoin prices. Bitcoin has lost around two-thirds of its value since reaching an all-time high in November last year.

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject

Bitcoin [BTC], the largest cryptocurrency rose past its fears as it traded above the $21k mark. Needless to say, the surge injected a much-needed relief to BTC holders be it traders or long-term investors.

Bitcoin (BTC) sought to overturn August resistance on Sep. 10 as whale buy-levels dictated BTC price action.

MicroStrategy, the largest institutional Bitcoin (BTC) buyer, entered an agreement with two agents — Cowen and Company and BTIG — to sell its aggregated class A common stock worth $500,000,000, reveals Securities and Exchange Commission (SEC) filing.

Bitcoin [BTC] miners have been faced with harsh realities lately. The worst part is that it doesn’t seem to get any easier as these difficulties look too strong to handle.

Cardano [ADA]‘s founder Charles Hoskinson recently got into a spat with a Twitter user. In a tweet, the ADA founder stated that he is not the driving force behind the popularity of the Vasil hardfork.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.