BTC Technical and Fundamental Report – 17th November In today’s report, we are taking an in-depth look at the technical structure of BTCUSD. Firstly, as usual, we will digest the recent fundamentals in the crypto space. Digital asset investment products attracted $151 million last week, cooling from prior weeks but remained positive. Bitcoin-related funds are still at the forefront of the majority of the capital. There has been a decline of inflows for four consecutive weeks which is...Continue Reading
Bitcoin ATH and the ETF Influence: Unpacking BTC’s Record Surge Bitcoin Fundamental & Technical Update What a ride the past couple of weeks has been with a fairly smooth transition of Bitcoin ATH from $40,000 USD to all-time highs this morning at $66,600 USD (BTC is 666 weeks and 6 days old today), strange coincidence… The question now is where next for the cryptocurrency. Fundamentally, the price of Bitcoin ATH is being driven largely by the positive market...Continue Reading
BTC Halving – 908 Day Count Down Surprisingly, China has banned crypto transactions for the ….. 100th time, paving way for the digital yuan (personally I can’t see this catching on). Bitcoin Fundamental & Technical Report – 30th September 2021 It appears as though the Chinese government is attempting to prevent citizens from accessing methods to move money freely overseas during a time of great uncertainty in their economy. Not only is the property market coming under pressure, but...Continue Reading
1 BTC Mining What does is cost? 23rd September 2021 Before we get into the juicy information, let’s first take a look at the current market conditions. BTC Fundamental & Technical Update The negative economic news coming from China has weighed on all financial markets this week, including 1 BTC. Risk assets declined due to fears of a contagion event spreading from Evergrande (Chinese property developer), who are preparing to default on their loan obligations later today. Evergrande...Continue Reading
Cathie Woods of ARK has called for a $500k target for BTC BTC – Technical and Fundamental Report US regulatory pressures continue to increase in the crypto space. Here at Miningstore we only see this news as positive as regulation provides clarity and investor safeguards. This would also suggest the US government is anticipating cryptos to become widely adopted in the community. Increased regulation also opens the doors for institutions to move deeper into the space, which is...Continue Reading
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