Wednesday, February 8, 2023
Home > Positive

Bitcoin traders cross fingers in hopes that a positive Fed meeting triggers a run to $18K

Bitcoin (BTC) failed to break above the $17,250 resistance on Dec. 11 and subsequently faced a 2.2% correction. More importantly, the last daily close above this level was over 30 days ago — reinforcing the thesis of size sellers near the $330 billion market capitalization mark.Curiously, this valuation level is

Read More

Institutional Investors Increased Allocations During Crypto Winter, Long-Term Price Outlook Positive – Featured Bitcoin News

A recent survey sponsored by the Nasdaq-listed crypto exchange Coinbase shows that institutional investors increased their allocations during the crypto winter. The firm emphasized that there is “a strong signal of the acceptance of crypto as an asset class” and “the price outlook over the long term remains positive.” Coinbase’s Institutional

Read More