Bitcoin Analysis

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PowerTrade, the most sophisticated crypto options trading platform, announces the addition of ETH options. PowerTrade’s addition of ETH options trading comes just as the asset retests its all-time-high with key resistance levels along the way—likely resulting in market volatility and presenting the ideal time for options trading.   Given many crypto exchanges are not designed
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Crypto investor Anthony Pompliano expressed optimism on Bitcoin taking over as the global reserve currency, in his latest podcast. He said, “It will look very different 25 years from now.” Currently, the US dollar is considered a global reserve currency with over 60% of all banks globally maintaining their reserve in the currency. According to Pompliano, that’s about to
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Despite Bitcoin (BTC) dropping below the $43,000 mark on Monday, the outflow of BTC from exchanges has continued in a multi-month trend, particularly on Coinbase Pro.  BTC/USD 4-hour candle chart, Coinbase. Source: TradingView Over the past month, the amount of Bitcoin held in Coinbase Pro’s vaults dropped by 28,843.87 BTC. Similarly, other crypto exchanges, including
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Bitcoin (BTC) has the potential to push its prices to between $250,000 and $350,000 by the end of 2021, a long-standing fractal suggests. First spotted by pseudonymous analyst Bit Harington, the bullish setup drew its inspirations from Bitcoin’s secular bull runs every time after halvings when the miner block reward gets cut in half. Analysts perceive the
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El Salvador’s adoption of Bitcoin as legal tender this month kindled national ambitions across Central and South America. In Paraguay, congressman Carlitos Rejala excited Bitcoin supporters, when his recent tweeted suggested Bitcoin would be the “official currency” if he became President in 2023. Si nos jugamos a la Presidencia en el 2023!#bitcoin cómo moneda oficial
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Bitcoin (BTC) inched higher on Sept. 18 as the focus shifted to the Federal Open Market Committee’s (FOMC) policy meeting in the wake of lower inflation numbers last Tuesday. The BTC/USD exchange rate approached $49,000 on the Coinbase exchange, hitting $48,825 before turning lower on interim profit-taking sentiment. Nonetheless, the move uphill raised expectations that
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