Thursday, May 2, 2024
Tesla Buys $1.5 Billion of Bitcoin, Launching Cryptos to New Highs

Tesla Embraces Bitcoin as Elon Musk Lights Another Fire Under Cryptocurrencies

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Elon Musk lit another fire under Bitcoin today, parking $1.5 billion of Tesla's cash in the cryptocurrency. Tesla (TSLA) announced the transaction in a Securities...
Bitcoin Breaks Out With More Stimulus Expected from the Federal Reserve

Bitcoin Breaks Out as Market Prepares for More Easy Money from the Federal Reserve

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Bitcoin broke above $20,000 today for the first time ever, hours before the Federal Reserve readies another dose of monetary stimulus for a struggling...
Bitcoin Breaks $50,000 as Blackrock 'Dabbles' in Digital Asset

Bitcoin Breaks $50,000 as Blackrock Jumps on Board. More Companies Plan to Follow.

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Bitcoin keeps hitting new highs as mainstream firms like Blackrock jump on board. "The technology has evolved and the regulations have evolved to the point...
Bitcoin Dominance Soars as Tesla Shifts Attention Away from Altcoins

Elon Musk Triggered a Huge Technical Event in the Crypto Market: Chart Study

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Tesla's $1.5 billion Bitcoin purchase didn't just send prices to new record highs. It also produced an unusual concentration of interest in the world's...

Crypto Bull Market Continues to Roar Higher

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Summary Cryptocurrencies fluctuated in reaction to the U.S election but finished higher.Bitcoin Cash (BCH) plans to carry out a hard fork (11/15) Bitcoin (BTC) traded in...

Call Buyers Target Square as Jack Dorsey Talks Crypto with Elon Musk

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Yesterday was big for cryptocurrencies as Elon Musk and Jack Dorsey spoke publicly about Bitcoin. The event also triggered a wave of bullish options...
Bitcoin, Ethereum, Cryptocurrencies

Bitcoin Ripped Higher Amid Growing Signs That Cryptocurrencies May Have Bottomed

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Cryptocurrencies like Bitcoin and Ethereum ripped higher yesterday. After months of weakness, there could be reasons to be optimistic on the market. This article will...

Ethereum Holds $4,000 and the Trendline: Chart of the Day

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Ethereum has been pulling back since mid-November, potentially creating opportunities for traders. The first pattern on today’s chart is the trendline starting on July 20...
Bitcoin's Pros and Cons: Scarcity, Volatility, Institutional Adoption

Scarcity vs. Volatility: Some Pros and Cons of Bitcoin Following the Latest Pullback

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Bitcoin has pulled back following a sharp rally. It's a good time to consider the cryptocurrency's pros and cons as it gains prominence in...

Chart of the Day: Ethereum Is Holding $3,000

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Sometimes there's a lot to be said about nice round numbers. This might be one of those times with Ethereum holding $3,000. The level has...
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