Bitcoin Finds Strong Support at $80K
Bitcoin ($BTC) has rebounded to $90,378.26, up 15% from a low of $80,000, finding support at key metrics including the True Market Mean and U.S. spot ETF cost basis. #Update #Crypto $BTC
Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
Bitcoin ($BTC) has rebounded to $90,378.26, up 15% from a low of $80,000, finding support at key metrics including the True Market Mean and U.S. spot ETF cost basis. #Update #Crypto $BTC
Netflix announces Jennifer Garner will star in “One Attempt Remaining,” a comedy about recovering a lost crypto password, directed by Kay Cannon. #Update #Entertainment
Bitcoin faces key levels at $76,000 and $99,000 as market experts predict potential price movements. Stay informed on cryptocurrency trends with Semilore Faleti’s insights. #Update #Crypto $BTC
Bitcoin mining companies are increasingly adopting renewable energy sources as hash prices fall below $40, with @SanghaRenewables launching a 20 MW solar facility in Texas and @PhoenixGroupUAE starting a 30 MW hydro operation in Ethiopia. #Update #Crypto $BTC
@MicroStrategy retains its position in the Nasdaq 100 index amid annual reshuffling, holding 660,624 $BTC valued at $59.55 billion; MSCI may reconsider crypto treasury firms in January. #Update #Crypto $BTC
Crypto custodian @BitGo received conditional approval from the OCC to convert into a national trust bank, enabling nationwide regulated crypto services without state-by-state licensing. #Update #Legal
@Itaú Asset Management recommends investors allocate 1%-3% of portfolios to $BTC, citing its diversification benefits amid market volatility. Bitcoin currently trades at $90,378.26. #Update #Crypto $BTC
The OCC conditionally approved national banking charters for stablecoin issuers Circle, Ripple, BitGo, and Paxos. Stablecoins now total $313 billion in market value. #Update #Legal
Bitcoin’s price shows a gradual rebound, but the Inter-Exchange Flow Pulse suggests weakening bullish momentum, risking further corrections. $BTC trades at $90,338, down 1.82% in 24 hours. #Update #Crypto $BTC
Google Trends data reveals consistent interest in $BTC over the past year, maintaining its position as 2023 ends. #Update #Crypto $BTC
AI trading models are evolving, with customized agents outperforming basic algorithms in recent competitions, raising questions about market alpha sustainability as democratization increases. #Update #Crypto $BTC $ETH
Bitcoin hovers between $89,250 and $90,500 with a market cap over $1.8 trillion, drawing attention but lacking clear direction. #Update #Crypto $BTC
Coinbase and Standard Chartered are expanding their partnership to offer crypto prime services for institutional clients, enhancing access to regulated digital asset infrastructure. #Update #Crypto
Brazil’s Largest Private Bank Recommends Bitcoin for Portfolio Diversification Brazil’s largest private bank suggests investors allocate 3% to Bitcoin in their portfolios. The bank highlights that Bitcoin can enhance portfolio diversification. It also notes that Bitcoin may serve as a hedge against currency risk. Despite its volatility, the asset remains a topic of interest for… Read More »Bitcoin Allocation Recommends 3% by Brazil Bank