Category: Bitcoin price prediction

Bitcoin weekly outlook: Why a $50K-retest is likely ahead of Friday’s US jobs data

Bitcoin weekly outlook: Why a $50K-retest is likely ahead of Friday’s US jobs data

The heavy selling in the U.S. dollar market at the end of last week assisted Bitcoin (BTC) to climb above $49,000. However, BTC struggled to extend its climb above $50,000, a psychological resistance level, as investors remained cautious about the Federal Reserve’s taper timing.  Bitcoin corrects after logging its week-to-date high of $49,667. Source: TradingView.com […]

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Celsius users to receive yield from its $200M Bitcoin mining investment

Celsius users to receive yield from its $200M Bitcoin mining investment

“There’s nothing better than building a factory that makes Bitcoin,” said Celsius CEO, Alex Mashinsky. 4223 Total views 4 Total shares Alex Mashinsky, the CEO of centralized crypto money market Celsius, has revealed that a share of profits from the company’s recent $200 million investment into Bitcoin mining infrastructure will be redistributed back to depositors. […]

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