Tag: bitcoin

GameStop Bets on Bitcoin A Bold Move or Risky Gamble?

GameStop Bets on Bitcoin A Bold Move or Risky Gamble?

We know that corporate innovations finance can feel risk-adverse and by-the-numbers. Yet occasionally a company has the audacity to kick the convention to the curb. GameStop, a name synonymous with video games and a symbol of the retail investor revolution, is now making waves with its foray into Bitcoin. But...

Bitcoin Faces Resistance at $88K as Whales Open Short Positions

Bitcoin Faces Resistance at $88K as Whales Open Short Positions

Bitcoin made an intraday high of $88,752 on March 24 only to find itself unable to make a clear higher high since that date. Per IntoTheBlock’s latest analysis, this could be the result of Bitcoin whales opening up short positions at the $88,000 price mark, blocking any more upward momentum....

GameStop Jumps Into Bitcoin Following Strong Fourth Quarter

GameStop Jumps Into Bitcoin Following Strong Fourth Quarter

GameStop announced its board of directors has unanimously approved a plan to purchase bitcoin using the company's corporate cash reserves. This move, similar to MicroStrategy's well-known bitcoin investment strategy, comes as investors celebrate GameStop's positive fourth-quarter results. The announcement triggered a rapid spike in the company’s stock. It surged over...

Bitcoin Eyes $90,000 as ETF Flows Turn Positive and Coinbase Premium Returns

Bitcoin Eyes $90,000 as ETF Flows Turn Positive and Coinbase Premium Returns

Bitcoin (BTC) kicked off the week on a good note, touching daily high of $88,804 as bullish momentum continued to carry the market higher. The Coinbase premium is returning with a vengeance. Simultaneously, strong net inflows into (spot) Bitcoin ETFs indicate that investor sentiment is booming. This bullish trend has...

Decoding Crypto Signals Hash Ribbons Unveiled

Decoding Crypto Signals Hash Ribbons Unveiled

OverTraders.com is excited to provide insight into the often-mysterious world of cryptocurrency trading. First up, we’re delving into the Hash Ribbons indicator. This must-have instrument merges the best of fundamental and technical analysis to show you when it might be time to accumulate Bitcoin. Consider it your tech-savvy best friend,...

Decoding Bitcoin's Bull Run: Riding the Waves or Bracing for Impact?

Decoding Bitcoin's Bull Run: Riding the Waves or Bracing for Impact?

OverTraders.com is proud to embark on such an exhilarating journey into the world of Bitcoin! As all of us know, the financial markets are always changing. We want to make sure you understand what’s new, especially when it comes to crypto. This article will explore the recent frenzy over Bitcoin....

Bitcoin Eyes $90,000 Resistance Amid US Trade Tariff Developments

Bitcoin Eyes $90,000 Resistance Amid US Trade Tariff Developments

Bitcoin (BTC) blasted through $88,000 just after the Wall Street open on March 25. This spike was largely driven by the market’s response to US trade tariffs hitting risk assets. The cryptocurrency’s performance is now under scrutiny amid potential market manipulation and a major resistance level. The market is showing...

Riding the Bitcoin Rollercoaster: Volatility as Your Ticket to Profit

Riding the Bitcoin Rollercoaster: Volatility as Your Ticket to Profit

Let’s face it, the Bitcoin world can be a little chaotic and overwhelming at times. One moment you’re up in the clouds, the next you’re free-fallin’ down a National Park-sized cliff. That, my friends, is the sweet & sour beauty of Bitcoin volatility. And even though others may be intimidated...

Decoding Crypto Fortunes Hash Ribbons Unveiled

Decoding Crypto Fortunes Hash Ribbons Unveiled

Ever get the sense that you’re reading goat entrails when you’re trying to determine direction in the crypto market. At least I know that I have! The noise and naysayers out there can be deafening. More often than not, it’s an exercise in homing in on a subtle signal through...