Bitcoin price climbed higher above the $16,800 resistance. BTC could rise further if it clears the $17,000 and $17,050 levels. Bitcoin is slowly moving higher above the $16,800 and $16,850 resistance levels. The price is trading above $16,700 and the 100 hourly simple moving average. There is a major bullish trend line forming with support … Read more
HJBC Amazon (NASDAQ:AMZN) is reducing its headcount by more than 17K employees, according to the Wall Street Journal. Citing people familiar with the matter, the outlet reported that the tech giant is due to concentrate staff cuts on its devices business, recruiting and retail operations. The company was previously projected to cut about 10K roles, … Read more
Bitcoin price is attempting a recovery wave from the $16,000 support zone. BTC could start a decent increase if it clears the $17,000 and $17,200 resistance levels in the short term. Bitcoin is slowly moving higher and consolidating above the $16,500 level. The price is trading above $16,500 and the 100 hourly simple moving average. … Read more
Bitcoin (BTC) spiked to $17,000 at the Nov. 15 Wall Street open as fresh United States economic data continued to show inflation cooling. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Good” PPI boosts risk assets Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it came closer to multi-day highs. Volatility had returned an … Read more
Bitcoin (BTC), Ether (ETH) and cryptocurrency-linked stocks like MicroStrategy are seeing a sharp downturn after news broke that FTX announced filing for Chapter 11 bankruptcy and Sam Bankman-Fried stepped down as CEO. Bitcoin, Ether and MicroStrategy comparison. Source: TradingView Crypto-linked stocks decline MicroStrategy’s stock, led by the outspoken Bitcoin advocate Michael Saylor, is down 32.57% … Read more
The crypto market is trading in the red, with Bitcoin and other cryptocurrencies recording double-digit losses over today’s trading session. The number one cryptocurrency retraces its profits from last week and fallback into a new yearly low. At the time of writing, Bitcoin (BTC) trades at $18,200, with a 13% loss in the last 24 … Read more