Bitcoin Nears Bull Market as Price Tests 200-Day Moving Average
The bitcoin price has neared the 200-day moving average for the first time since October.
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Bitcoin Welcomes Morgan Stanley
Morgan Stanley has joined the Bitcoin ETF rush. That’s the first major investment bank with a Bitcoin ETF, which steps things up a gear.
Ethereum Is Scaling Fast
The combination of higher transaction throughput and lower gas fees suggests that Ethereum's scalability upgrades are working as intended.
The Black Hats Don’t Have Quantum Computers
Bitcoin’s ByteTrend Score remains zero, after a severe fall in recent days. This move has been linked to the general malaise in tech stocks, which makes sense to me.
Tech Weakness Drags Bitcoin
Bitcoin’s ByteTrend Score has dropped back to a 1. There is no new low yet, but this is clearly a setback.
When Precious Metals Run Out of Steam…
Bitcoin’s ByteTrend Score is back to a 2. It is positive that the price is trying to stabilise and has not breached the April low.