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Bitcoin (BTC) Reclaims Critical Level, Eyes $72,000 Amid Bullish Indicators
You are here: Home / News / Bitcoin (BTC) Reclaims Critical Level, Eyes $72,000 Amid Bullish Indicators In recent market activity, Bitcoin (BTC) experienced a decline, hitting a low of $65,500 before bouncing back from this critical support level. Despite this temporary setback, the overall trend for Bitcoin remains positive, signalling the potential for future gains. A notable development in crypto is the progress in repayments from the defunct Mt. Gox exchange. As former investors finally receive their funds, this large-scale movement of Bitcoin may have contributed to the slight dip in BTC prices observed recently. Bitcoin Shows Potential Breakout...
BITCOIN PRICE ANALYSIS & PREDICTION (December 9) – BTC Floats Around $100k After Rejecting New High, Where Will It Head Next?
Bitcoin’s recent surge above $100k has fueled more bullish sentiments among traders and investors, but on-chain metrics like CoinMarketCap suggest a possible pullback is underway as it reaches extreme greed. Last Thursday, Bitcoin made another major move after trading calmly for weeks. That positive action alone put the asset in a more bullish state as it painted a fresh all-time high of $104,088 on Binance. It lost grip and plunged to a low of $90,500 that same day, creating a notable spike. However, it recovered some ground and traded average at around the $100k level throughout the week. The price...
BasedVC raises $2M in a seed funding round as official investment partners to Neo Tokyo, Kongz Capital, and more
In the past year, BasedVC saw over $65M in platform revenue as it deployed investments into 50+ cryptocurrency projects. The firm successfully raised $2M at a $15M post-money valuation in a seed funding round earlier this year with participation from multiple angel investors as well as leading web3 communities. BasedVC is currently closing their strategic round at a post-money valuation of 25M USD with participation from major brands, influencers, and web3 angel investors such as Mario Nawfal (IBC Group), Crypto Banter, Ashcrypto, and Kmanu among others. BasedVC’s unique value proposition lies in structuring itself as a decentralized venture capital investment...
