Author: Cointelegraph by Zoltan Vardai

Bitcoin Investing Made Simple!

Bitcoin bear trap over? BTC price fractal hints at parabolic move next

Bitcoin still faces significant resistance at $62,000, and if it breaks, it would liquidate over $845 million of leveraged shorts. Source link

Bitcoin as a US reserve asset is ‘great for price’ but poses significant risks — Charles Hoskinson

While a strategic Bitcoin reserve may be good for price action, the US Treasury controlling 19% of the BTC supply raises unprecedented centralization concerns. Source link

Tether mints $1.3B USDT since market bottom — Can it push Bitcoin above $65K?

The newly minted stablecoins could help push Bitcoin’s price above the $65,000 resistance, which is the short-term whale holder’s realized price. Source link

Bitcoin could fall below $50K if Magnificent 7 stocks stage another $500 billion loss

Bitcoin could see more downward pressure if the top tech stocks in the US continue to shed value. Source link

World’s largest Bitcoin miner increased BTC holdings by $124M in July

Marathon Digital holds over $1.1 billion worth of Bitcoin after the company decided to go full “HODL.” Source link

Kamala Harris chooses Governor Walz as US Presidential running mate

Walz has previously advocated for more stringent crypto regulations, to ensure the stability of the legacy financial system. Source link

Kamala Harris chooses Minnesota Gov. Walz as US presidential running mate

Minnesota Governor Tim Walz has previously advocated for more stringent crypto regulations to ensure the stability of the legacy financial system. Source link

Transak becomes first US crypto on-ramp to enable wire transfers

Wire transfers in the world’s largest economy could attract more high-net-worth individuals to crypto. Source link

Market makers sold over $300M Ether as ETH price crashed below $2,200

Ether’s price fell from above $3,000 to $2,100 due to selling pressure from a select group of market makers. Source link

Bitcoin price downside may last 2 months — Analysis

Bitcoin could experience another two months of downside pressure before a bullish chart pattern could lead to a breakout. Source link