Stocks | Crypto Profit Bot

Is the time right for $50K BTC? 5 things to watch in Bitcoin this week

August 30, 2021

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Bitcoin (BTC) is keeping everyone guessing this week as another Monday starts below $50,000. After rangebound movements over the weekend, bulls are still waiting for a decisive attack on the $50,000 mark — could it happen now? Despite optimism from analysts, it seems that not even an “uber dovish” Federal Reserve has the fuel to […]

Cause and effect: Will the Bitcoin price drop if the stock market crashes?

August 14, 2021

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The year 2009 was marked by both the genesis of Bitcoin and the United States stock market starting an unprecedented bull market — one that’s continued almost uninterrupted since. However, murmurings of a crash are always present, and the noise has recently been getting louder. Against the backdrop of COVID-19 refusing to go away, stocks […]

MicroStrategy and Bitcoin mining stocks rally as BTC price rebounds

August 9, 2021

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Bitcoin (BTC) price soared to a 3 month high at $46,293 after bulls confirmed that they intend to take full control of the market. While crypto traders might be in the green again and pro traders are looking to add larger leveraged positions, no every class of investors to obtain direct exposure to Bitcoin. For […]

Boomer brand changes NYSE ticker from ‘ETH’, acknowledging crypto’s ascendancy

August 6, 2021

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New York Stock Exchange (NYSE) listed company Ethan Allen Interiors Inc. has changed its ticker from “ETH” to “ETD” to avoid confusion with Ethereum. 2777 Total views 11 Total shares Ethereum has achieved another milestone this week apart from the London hard fork, with a 90-year-old New York Stock Exchange (NYSE) listed company changing its […]

BTC price burns bears en route to $40K: 5 things to watch in Bitcoin this week

July 26, 2021

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Bitcoin (BTC) is nearing $40,000 this Monday as a new week gets underway with a bang for bulls. A calm but confident weekend culminated in a dramatic run-up overnight Sunday, with BTC/USD swiftly nearing the top of its multi-month trading range. With favorable fundamentals and a lot of liquidated bears, Bitcoin looks set to investigate […]

3 reasons why Bitcoin price has not been able to rally back above $40K

July 25, 2021

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Bitcoin bulls appear to be back, but a strengthening U.S. dollar, a new wave of COVID-19 infections and low trading volumes threaten the current recovery. 10121 Total views 11 Total shares The ongoing story for the past couple of months in the cryptocurrency market has been confusion on whether Bitcoin (BTC) is destined for another […]

‘Buy now pay later’ firm Zip plans to offer crypto trading in Australia and the US

July 23, 2021

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“We know our younger generation of customers seek additional products and services that are relevant to them,” said Zip co-founder Peter Gray. 1424 Total views 6 Total shares Australian ‘buy now pay later’ (BNPL) firm Zip is looking to enter the crypto market by offering trading services to users within the next 12 months. Zip […]

Michael Saylor doesn’t think Bitcoin is ‘going to be currency in the US ever’

July 16, 2021

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The MicroStrategy boss thinks Bitcoin is a form of property and points out that the U.S. Government is not threatened by other forms of property. 3988 Total views 5 Total shares MicroStrategy CEO Michael Saylor thinks that Bitcoin is more like digital property than digital currency. He was speaking on the July 15 edition of […]

Capital International purchased $600M in MicroStrategy stock

July 9, 2021

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MicroStrategy’s stock price rose by more than 1.5% to reach $628.44 at the time of publication, making Capital International’s shares worth roughly $600 million. 5199 Total views 9 Total shares Financial services company Capital International invested more than half a billion dollars into business intelligence firm MicroStrategy stock. In MicroStrategy’s filings to the U.S. Securities […]

An even bigger mining difficulty drop? 5 things to watch in Bitcoin this week

July 5, 2021

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Bitcoin (BTC) starts a new week in familiar territory after a weekend of solid gains ended in a drawdown — what’s in store? With another rally to near $36,000 under its belt, the largest cryptocurrency is showing signs of strength, but old resistance levels remain in place. The conditions are complex — the ongoing miner […]

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