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Tag: digital assets

Tesla’s $1tn valuation consolidates Elon Musk as world’s richest man

Tesla boss (TSLA) Elon Musk has reinforced his position as the richest man in the world as Tesla’s market value has broken through the $1tn (£725.7bn) mark for the first time after receiving an order for 100,000 of its vehicles from the car rental company Hertz (AZC0.F). Tesla joins tech […]

Bitcoin drops $1K in five minutes in fresh dip below $60K

Ethereum slips below $4,000 as an anticipated correction suddenly takes hold of crypto markets. Bitcoin bites into major buy wall Data from Cointelegraph Markets Pro and TradingView showed BTC/USD nearing $58,000 at the time of writing, hitting its lowest since Oct. 15. The move follows multiple retests of $60,000, with Bitcoin now taking liquidity in a […]

Bitcoin price action in 2021 so far mirrors 2017 — Will it continue?

Bitcoin is in full bull run mode according to trading analysts, as on-chain indicators look promising, but the rest of 2021 could be full of surprises. Bitcoin’s (BTC) recent rally has finally broken through to reach widely anticipated new all-time highs. With September being left behind and “Uptober” delivering on […]

Bitcoin Price Faces Hurdle, Why 100 SMA Is The Key

Bitcoin price corrected lower and tested $59,500 against the US Dollar. BTC is recovering losses, but upsides might be capped above $63,250 in the near term.Bitcoin declined below the $63,200 and $62,000 support levels.The price is now trading below $62,000 and the 100 hourly simple moving average.There was a break […]