Market Analysis

Coinbase, Visa, and More: Seven Companies With Upcoming NFT Plans

Several major companies have recently announced efforts involving NFTs or non-fungible tokens, also known as “cryptocollectibles.” These tokens feature artwork or other digital media that is unique or available in limited quantities. In recent weeks, various companies have announced plans to work with NFTs including Coinbase, Visa, TikTok, and Facebook. Here are seven efforts to …

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Coinbase Set to Sponsor the NBA

The National Basketball Association has inked a sponsorship deal with cryptocurrency exchange Coinbase, according to CNBC. This will be the NBA’s first cryptocurrency sponsorship, following in the footsteps of Major League Baseball (MLB) which made a deal with crypto exchange FTX, and Formula 1 which made a deal with Crypto.com, both earlier this year. NBA …

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Bitcoin Price Prediction: BTC/USD Retreats; A Recovery to $65,000 Resistance?

Bitcoin Price Prediction – October 18 The Bitcoin price slumps below the resistance level of $62,675 as further downside momentum may appear at $60,000 support. BTC/USD Long-term Trend: Bullish (Daily Chart) Key levels: Resistance Levels: $70,000, $72,000, $74,000 Support Levels: $54,000, $52,000, $50,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD soars to $62,675 in …

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Bitcoin (BTC) Price Prediction: BTC/USD Sustains Recent Rallies as Bitcoin Holds Above $60k

The Crypto Continues Bullish Run as Bitcoin Holds Above $60k – October 18, 2021 On October 17, BTC/USD retraced to $59,000 support and resumed upward as Bitcoin holds above $60k. Today, the BTC price has risen and it is retesting the $62,900 resistance zone. Buyers are attempting to retest or break the recent high. The …

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Bitcoin Vaults Over $60k as ETF Gets SEC Approval, ETF, BSV, SHIB, Oct. 18

BTC The Bitcoin price jumped above the key $60,000 level last week after the Securities and Exchange Commission (SEC) finally gave the go-ahead for a Bitcoin futures-backed Exchange Traded Fund (ETF). ProShares will launch the long-awaited BTC fund on Tuesday after SEC approval on Friday and the company confirmed the move with an SEC filing …

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Energy from Bitcoin Mining to be used to Generate Heat in North Vancouver

North Vancouver is making plans to generate heat using the energy released through Bitcoin mining. MintGreen and Lonsdale Energy (LEC) are the two firms partnering for this new initiative. If this plan goes through, North Vancouver will become the first major city that uses Bitcoin mining to generate heat for residential and commercial properties. Bitcoin …

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Bitcoin (BTC) Price Prediction: BTC/USD in a Minor Retracement as Bitcoin Attains $62k High

Bitcoin in a Downward Correction as Bitcoin Attains $62k High- October 16, 2021 Yesterday, BTC/USD price rallied to $62,900 but retraced to $61,000 support as Bitcoin attains $62k high. For the past 48 hours, the cryptocurrency has fluctuated above the current support for a possible upward move. Bitcoin is likely to retrace as the market …

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