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SEC Chairman: Bitcoin Is Still a Highly Speculative and Volatile Asset

20 Oct 2021 1 minute read 1 comment FX Empire $0.19

Gary Gensler is focused on investor protection.   Now that a bitcoin futures ETF has officially started trading, the cryptocurrency markets have entered a new chapter. While the ETF is a futures-based product, crypto investors are hopefu...

Bitcoin Price Prediction – A Break Through to $63,500 Would Bring $65,000 into Play

20 Oct 2021 1 minute read 0 comments FX Empire $0.48

It’s been a mixed morning for the majors, with Bitcoin falling short of $63,000 levels. A move through to $63,500, however, would bring $65,000 levels into play.     After a mixed day for Bitcoin and the broader market on Monday, it’s be...

Inflation Uncertainty Keeps Bitcoin Near A Six-Month High

19 Oct 2021 1 minute read 0 comments FX Empire $0.40

Concerns over inflation also fueled demand for bitcoin, which has a limited supply compared with the ample number of currencies issued by central banks, which were printed to stimulate economies     Despite some global inflation worries,...

Bitcoin and Ethereum – Weekly Technical Analysis – October 18th, 2021

19 Oct 2021 2 minute read 0 comments FX Empire $0.42

Following last week’s bullish week, avoiding the week’s pivot levels and a return to last week’s highs would support another breakout, with Bitcoin targeting $68,000 levels.     Bitcoin Bitcoin, BTC to USD, rose by 12.48% in the week ending 17th Oct...

Ethereum Is One to Watch Amid Speculation for Next Crypto ETF

18 Oct 2021 1 minute read 0 comments FX Empire $0.41

Cryptocurrency market leaders are convinced that it is only a matter of time before an Ethereum ETF emerges. The arrival of a bitcoin futures ETF has investors wondering which cryptocurrency could be next in line. Ethereum, the second-bi...

Bitcoin & Ethereum Elliott Wave Cycles Point to Correction Before Another High

17 Oct 2021 1 minute read 0 comments FX Empire $0.43

Crypto total market cap is coming nicely higher back above September highs as expected, but we can see it finishing wave 5 of (3), so new intraday slow down within wave (4) can be near before we will see another jump for the 5th wave. Bi...

Square Sets Its Sights on Bitcoin Mining

17 Oct 2021 1 minute read 3 comments FX Empire $0.77

Jack Dorsey revealed in a tweetstorm that Square is exploring the creation of a bitcoin mining system.   Now that a bitcoin ETF is on its way in the U.S., it’s more hip than ever to be a crypto company. Jack Dorsey’s payments company Squ...

Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – October 16th, 2021

16 Oct 2021 3 minute read 3 comments FX Empire $0.23

After a bullish Friday, avoiding the day’s pivot levels would be needed to support a breakout from Friday’s highs…   In order to view this video, please enable cookies here   Ethereum Ethereum rose by 2.08% on Friday. Following a 5...

Ethereum Catalysts on the Rise as Bulls Keep Control

16 Oct 2021 1 minute read 0 comments FX Empire $0.64

The Ethereum price is inching closer to its all-time high.   While all eyes are on bitcoin ahead of an expected approval of a BTC futures ETF in the U.S., the second-biggest cryptocurrency is nearing a milestone of its own. Ethereum is i...

What Can We Glean from Uber-Wealthy Bitcoin Backers?

15 Oct 2021 2 minute read 0 comments FX Empire $0.23

As many analysts and pundits across financial news have noted, this current bull run in Bitcoin and Ethereum is similar to the rally in Spring 2020 because it is fueled by institutions and wealthy individuals (whales) piling into the sector.  ...