June 22, 2021

Bitcoin Slumps Following Ban from the Agricultural Bank of China

The third-largest bank in China has published a statement detailing a complete ban prohibiting its customers from facilitating Bitcoin (BTC) and cryptocurrency transactions. Notably, the Agricultural Bank of China is also one of the largest banks in the world. The bank noted that customers’ account...

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June 20, 2021

Bitcoin Begins the New Week on a Bearish Tone Near $35k

Following a bearish end of last week, Bitcoin (BTC) appears to have settled above the $35k level. Meanwhile, things didn’t go any better in the altcoin sector, with Ethereum falling to $2,200 and Ripple losing over 5% in a day. Last week started with a positive outlook for the crypto market as BTC ...

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June 20, 2021

Bitcoin (BTC/USD) Envisages Rebuilding Support at $35,000

Bitcoin Price Prediction – 20There have been featuring more of slight downward motions in the market worth of BTC/USD as price envisages rebuilding support severally around the level of $35,000. During the time of writing, the crypto’s value trades around the point of $35, 436 at a negative rate of...

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June 17, 2021

Bitcoin Falls Amid Opposition from World Bank on El Salvador BTC Adoption

The World Bank has stated that it would not assist El Salvador in implementing Bitcoin as a recognized legal tender due to environmental and transparency concerns. In an interview with Reuters, a World Bank spokesperson noted that the institution’s commitment to assist El Salvador in implemen...

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June 16, 2021

Bitcoin (BTC/USD) Fluctuates Around $40,000 Level

Bitcoin Price Prediction – June 16It is recorded on the financial record book of Bitcoin versus the US Dollar again sees fluctuates around the $40,000 level. As of writing, price trades at the value of $38,847 at a percentage rate of about -2.92. BTC/USD Market Key Levels:Resistance levels: $45,000...

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June 15, 2021

Bitcoin Rebounds as MicroStrategy Doubles Down on BTC Investment

As Bitcoin (BTC) regains bullish momentum, MicroStrategy, led by one of Bitcoin’s most prominent supporters, Michael Saylor, has just sealed another senior secured notes offering to purchase more BTC. According to an official announcement yesterday, the investment company has completed a $500 milli...

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June 13, 2021

Bitcoin (BTC/USD) Price Holds Position at Lower Range-line

Bitcoin Price Prediction – June 13Over a couple of trading days’ sessions, the BTC/USD price holds position trading at a lower range-line until the present. At a rate of 0.18 percent, the crypto’s line is no trading around the level of $35,697. BTC/USD MarketKey Levels:Resistance levels: $40,000, $...

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June 13, 2021

Bitcoin Market Analysis: Market Stalls Following Weekend Slide

After suffering a plunge yesterday, Bitcoin (BTC) appears to have fallen into consolidation between $35k and $36k, as altcoins follow in a similar movement. The benchmark cryptocurrency began the weekend in an upbeat tone following the adoption news from El Salvador and hints from Paraguay, India, ...

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June 10, 2021

Bitcoin Rallies Amid Announcement of Mining Ban in Xinjiang

According to local reports in China, two Chinese provinces have placed a ban on Bitcoin (BTC) and crypto mining operations as the Chinese government seeks to cut down on its country’s carbon emissions. Miners in Shandong Economic and Technological Development Park, based in Changji Prefecture, Xinj...

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