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Big News Of The Day: NYDIG Raises $1 Billion to Accelerate Bitcoin Products for Businesses
Podcast Of The Day: BTC056: Bitcoin Fear, Uncertainty, & Doubt (FUD) w/ Dan Held (Bitcoin Podcast)
Video Of The Day: TUCKER CARLSON JUST RELEASED THE CRYPTOCURRENCY BULLS (INFLATION WARNING) | Altcoin Daily
Blog Of The Day: Bitcoin Price Continues To Consolidate Sideways, Awaiting What the Fed Will Announce Today
TOP NEWS
Institutional Bitcoin broker NYDIG, in a Tuesday press release, announced that it raised $1 billion in a growth equity funding round led by WestCap. This now places the value of the company at more than $7 billion.
In addition, Anchorage, the fast-growing crypto storage firm that obtained a federal bank charter in January, announced it has raised $350 million from the asset management giant KKR, Goldman Sachs, and others. The Series D round values the company at just over $3 billion.
Bitcoin has bounced at the $44,150 support area and technical indicators are showing bullish signs. BTC is trading inside a medium and a short-term descending parallel channel. Ethereum is forming a base near the $3,660 zone against the US Dollar. ETH price is correcting higher, but a move above $3,920 is needed for upside continuation.
Altcoins mentioned: $AVAX $DOT $MATIC $SOL $WNXM $DESO
Analyst's Corner: Closely followed crypto analyst Willy Woo is looking at retail traders of Bitcoin (BTC) and noticing that they are accumulating. Benjamin Cowen says:
“Do I think we’re going back to $10,000 and spend a couple [of] years hanging out between $10,000 and $15,000? I do not. But I also don’t see us having a parabolic rally next week that’s going to take us to $100,000.
Crypto analyst Justin Bennett says the DXY will likely have to change before he flips bullish on the digital asset markets again. Shark Tank investor Kevin O’Leary says he’s optimistic about Coinbase’s long-term potential despite the considerable drop in the company’s stock price.
Best Performing Top 10 Asset is: SOL - $166.18
Well that's a wrap but, continue to read, watch, and listen to the information I curate on my website. I believe you will be well positioned to benefit from the most transformative technological shift we've seen in our life time. Be STRONG and HODL on!
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