$9,000 is “Do or Die” for Bitcoin: Can Bulls Hold the Price Point?

$9,000 is “Do or Die” for Bitcoin: Can Bulls Hold the Price Point?

Over the past hour or two, Bitcoin bulls have been attempting to defend $9,000: just look below, where you can see a number of wicks below that price on the 15-minute chart. Thus far, $9,000 has been defended, with every print of a price below $9,000 quickly being bought up, resulting in a series of…

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Hong Kong’s Latest Budget is Bullish for Crypto, Says Top Fund Manager

Hong Kong’s Latest Budget is Bullish for Crypto, Says Top Fund Manager

Hong Kong’s efforts to come out of an economic slump could send the crypto market flying, according to Jeff Dorman of Arca, a New York-based investment management firm. The Chief Investment Officer envisioned a fruitful future for emerging crypto assets, especially the benchmark bitcoin, as he dwelled into the key provisions of Hong Kong’s latest…

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Bittylicious Extends Credit Card Payments to Altcoin Buyers

Bittylicious Extends Credit Card Payments to Altcoin Buyers

Bittylicious Extends Credit Card Payments to Altcoin Buyers Bittylicious now allows users to purchase all of its available altcoins with MasterCard and Visa credit and debit cards. The UK-based bitcoin brokerage first announced support for credit card payments this May when it added the payment option for bitcoin buyers. Bittylicious accepts bank transfers, cash payments and select…

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Bombshell 74-Page Report Shows JP Morgan is Closely Exploring Bitcoin Options

Bombshell 74-Page Report Shows JP Morgan is Closely Exploring Bitcoin Options

Over the past few years, we’ve seen Bitcoin change from a spot trading-only market to one dominated by derivatives — evidenced by the investor activity seen on BitMEX, Deribit, the CME, Bakkt, and other crypto derivatives platforms. Indeed, the lifetime aggregate volume on BitMEX’s XBT swap future recently surmounted $2 trillion, and the CME has…

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Bitcoin Just Saw A Key Technical Breakdown: Here’s Why BTC Could Dive Below $9K

Bitcoin Just Saw A Key Technical Breakdown: Here’s Why BTC Could Dive Below $9K

Bitcoin failed to stay above the $9,500 support and declined more than 5% against the US Dollar. BTC price is now trading in a negative territory and it could slide below $9,000. Bitcoin started a major decline below the $9,500 and $9,350 support levels against the US Dollar. The price is approaching the $9,000 support…

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