3

I posted the headlines here earlier, just prior to BTC getting the runs down to sub $37,000 before stabilising. 

The reports triggered the drop in price and also much whining on social media as losers tried to deny the news. Sad, and shooting the messenger is not really an effective trading strategy. 

More followed:

Zero Hedge has the report here, citing Amazon denials to newswire Bloomberg.
  • An Amazon spokesperson told Bloomberg in an emailed statement that the City A.M. report, citing an insider, claiming it will accept bitcoin in 2022 (and is investigating issuing its own coin) are false.
Note ZH quoting the Bloomberg headlines. If you are familiar with the terminal you'll recognise the layout. 

BTC update:
I posted the headlines here earlier, just prior to BTC getting the runs down to sub $37,000 before stabilising. 



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Mon 26 Jul 2021 21:47:46 GMT

3

Bitcoin drops under $37,000 ... filling "the gap"?

BTC is on the move, the down draft was triggered by Amazon's news: BTC/USD is losing a little more ground as I update, back under USD37K. Some technical analysts won't like my definition of gap, and its not text-book for sure ... but here is what I'm referring to:

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Bitcoin drops under $37,000 ... filling "the gap"?


https://az705044.vo.msecnd.net/20210726/btc-gap-27-july-2021.png Eamonn Sheridan
Mon 26 Jul 2021 21:47:46 GMT
Category: Cryptocurrency
3


BTC is on the move, the down draft was triggered by Amazon's news: BTC/USD is losing a little more ground as I update, back under USD37K. Some technical analysts won't like my definition of gap, and its not text-book for sure ... but here is what I'm referring to:

Asset 24 View More
Mon 26 Jul 2021 20:34:54 GMT

3

Bitcoin selloff takes it to lows not seen since ... earlier today

The news that has taken a few bids out of BTC:  BTC losing a little ground - reports that Amazon will not be accepting Bitcoin this year That's just from the past half hour or so.

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Bitcoin selloff takes it to lows not seen since ... earlier today


https://az705044.vo.msecnd.net/20210726/btc-amazon-job.png Eamonn Sheridan
Mon 26 Jul 2021 20:34:54 GMT
Category: Cryptocurrency
3
The news that has taken a few bids out of BTC:  BTC losing a little ground - reports that Amazon will not be accepting Bitcoin this year That's just from the past half hour or so.

Asset 24 View More
Mon 26 Jul 2021 20:00:51 GMT

3

BTC losing a little ground - reports that Amazon will not be accepting Bitcoin this year

Speculation has been rampant on Amazon accepting crypto.     On Friday last week media reported on an Amazon job listing for a crypto specialist:

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BTC losing a little ground - reports that Amazon will not be accepting Bitcoin this year


https://az705044.vo.msecnd.net/20210726/btc-usd-amazon-job.png Eamonn Sheridan
Mon 26 Jul 2021 20:00:51 GMT
Category: Cryptocurrency
3
Speculation has been rampant on Amazon accepting crypto.     On Friday last week media reported on an Amazon job listing for a crypto specialist:

Asset 24 View More
Mon 26 Jul 2021 19:27:57 GMT

Bitcoin trades above $40,000

Reaches a new high of $40,335 The gains today were help by chatter that Amazon was toying with the idea of accepting bitcoin. That got the ball rolling moved, and the squeeze has been on since then.  

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Bitcoin trades above $40,000


//az705044.vo.msecnd.net/20210726/2021-07-26_12-23-58.jpg Greg Michalowski
Mon 26 Jul 2021 19:27:57 GMT
Category: Cryptocurrency
0
Reaches a new high of $40,335 The gains today were help by chatter that Amazon was toying with the idea of accepting bitcoin. That got the ball rolling moved, and the squeeze has been on since then.  

Asset 24 View More
Mon 26 Jul 2021 17:54:15 GMT

5

Bitcoin climbs above $39,000 again in a test of the highs. What's next

Bitcoin makes a break for it Bitcoin is up 21% today, or $6880 to $39,394 in its best day in months. Looking at the chart, it's one of those ones where you kick yourself for missing the forest for the trees.

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Bitcoin climbs above $39,000 again in a test of the highs. What's next


//az705044.vo.msecnd.net/20210726/bitcoin-chart.jpg Adam Button
Mon 26 Jul 2021 17:54:15 GMT
Author: Adam Button
Category: Cryptocurrency
5
Bitcoin makes a break for it Bitcoin is up 21% today, or $6880 to $39,394 in its best day in months. Looking at the chart, it's one of those ones where you kick yourself for missing the forest for the trees.

Asset 24 View More
Mon 26 Jul 2021 05:00:21 GMT

4

Bitcoin buyers make a big stand, does that change anything on the charts?

Not quite yet The surge is getting buyers off their seats again as price closes back in on the key psychological resistance level @ $40,000. The good news for buyers is that they managed to escape the series of lower highs, lower lows that was established since end-June trading.

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Bitcoin buyers make a big stand, does that change anything on the charts?


//az705044.vo.msecnd.net/20210726/26-7-2021-12-50-59-pm.png Justin Low
Mon 26 Jul 2021 05:00:21 GMT
Author: Justin Low
Category: Cryptocurrency
4
Not quite yet The surge is getting buyers off their seats again as price closes back in on the key psychological resistance level @ $40,000. The good news for buyers is that they managed to escape the series of lower highs, lower lows that was established since end-June trading.

Asset 24 View More
Mon 26 Jul 2021 02:20:25 GMT

3

ICYMI - the report last week that suggests Amazon is preparing to accept crypto

From Friday, CNBC had the report on an advertised job vacancy at Amazon: CNBC add that: Amazon's payments acceptance and experience team is seeking to hire an "experienced product leader to develop Amazon's Digital Currency and Blockchain strategy and product roadmap."

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ICYMI - the report last week that suggests Amazon is preparing to accept crypto


https://az705044.vo.msecnd.net/20210726/amazon-bitcoin.png Eamonn Sheridan
Mon 26 Jul 2021 02:20:25 GMT
Category: Cryptocurrency
3
From Friday, CNBC had the report on an advertised job vacancy at Amazon: CNBC add that: Amazon's payments acceptance and experience team is seeking to hire an "experienced product leader to develop Amazon's Digital Currency and Blockchain strategy and product roadmap."

Asset 24 View More
Mon 26 Jul 2021 01:02:33 GMT

2

Bitcoin on a rip, above US$39,000

Surging higher  Earlier posts on it today have been positive ... and how:  more to come  

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Bitcoin on a rip, above US$39,000


Eamonn Sheridan
Mon 26 Jul 2021 01:02:33 GMT
Category: Cryptocurrency
2
Surging higher  Earlier posts on it today have been positive ... and how:  more to come  

Asset 24 View More
Mon 26 Jul 2021 00:01:29 GMT

Bitcoin popping above US$35,000

I posted earlier on continued institutional crypto acceptance:  And I saw earlier in the session some re-upping of this story from last week: The potential for substantial inflows and institutional support is helping BTC along; update:

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Bitcoin popping above US$35,000


https://az705044.vo.msecnd.net/20210726/btc-chart-goldman-sachs-support.png Eamonn Sheridan
Mon 26 Jul 2021 00:01:29 GMT
Category: Cryptocurrency
0
I posted earlier on continued institutional crypto acceptance:  And I saw earlier in the session some re-upping of this story from last week: The potential for substantial inflows and institutional support is helping BTC along; update:

Asset 24 View More
Sun 25 Jul 2021 21:43:09 GMT

Goldman Sachs clearing, settling cryptocurrency ETPs for some clients in Europe

Some weekend crypto news with GS reportedly clearing settling crypto exchange-traded products for some hedge fund clients in Europe. GS is offering the service to a limited number of clients only at this stage, with an eye on wider availability. Last week reports of similar services being offered by Bank of America were about the place.

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Goldman Sachs clearing, settling cryptocurrency ETPs for some clients in Europe


https://az705044.vo.msecnd.net/20210725/btc-adoption.png Eamonn Sheridan
Sun 25 Jul 2021 21:43:09 GMT
Category: Cryptocurrency
0
Some weekend crypto news with GS reportedly clearing settling crypto exchange-traded products for some hedge fund clients in Europe. GS is offering the service to a limited number of clients only at this stage, with an eye on wider availability. Last week reports of similar services being offered by Bank of America were about the place.

Asset 24 View More
Fri 23 Jul 2021 02:00:44 GMT

Bitcoin on the move, approaching $33K

BTC did not receive much of a boost earlier from a (Twitter CEO) Dorsey Conference call: That was from a TWTR earnings call.  But Jack ain't Elon, BTC didn't show a lot of response at the time. 

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Bitcoin on the move, approaching $33K


https://az705044.vo.msecnd.net/20210723/btc-twitter-dorsey.png Eamonn Sheridan
Fri 23 Jul 2021 02:00:44 GMT
Category: Cryptocurrency
0
BTC did not receive much of a boost earlier from a (Twitter CEO) Dorsey Conference call: That was from a TWTR earnings call.  But Jack ain't Elon, BTC didn't show a lot of response at the time. 

Asset 24 View More
Thu 22 Jul 2021 22:18:01 GMT

1

Twitter CEO Dorsey says Bitcoin a big part of Twitter's future

Jack Dorsey quoted on a Reuters headline Reuters citing a conference call. I'm not sure if this is the conference call related to yesterday's media event or some other call. 

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Twitter CEO Dorsey says Bitcoin a big part of Twitter's future


https://az705044.vo.msecnd.net/20210722/btc-usd-twitter-dorsey.png Eamonn Sheridan
Thu 22 Jul 2021 22:18:01 GMT
Category: Cryptocurrency
1
Jack Dorsey quoted on a Reuters headline Reuters citing a conference call. I'm not sure if this is the conference call related to yesterday's media event or some other call. 

Asset 24 View More
Wed 21 Jul 2021 21:50:14 GMT

Crypto - Coinbase says its experiencing connection issues that may impact transfers

Coinbase (COIN) says the issues may result in display issues for balance and delayed / cancelled transfers  

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Crypto - Coinbase says its experiencing connection issues that may impact transfers


Eamonn Sheridan
Wed 21 Jul 2021 21:50:14 GMT
Category: Cryptocurrency
0
Coinbase (COIN) says the issues may result in display issues for balance and delayed / cancelled transfers  

Asset 24 View More
Wed 21 Jul 2021 21:24:42 GMT

Goldman Sachs survey highlights 'family office' funds like Bitcoin

Goldman Sachs survey of more than 150 'family offices, firms that manage the wealth of wealthy families.  Report on the survey is via a piece overnight in (may be gated) .

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Goldman Sachs survey highlights 'family office' funds like Bitcoin


https://az705044.vo.msecnd.net/20210721/btc-chart-zoom-meeting.png Eamonn Sheridan
Wed 21 Jul 2021 21:24:42 GMT
Category: Cryptocurrency
0
Goldman Sachs survey of more than 150 'family offices, firms that manage the wealth of wealthy families.  Report on the survey is via a piece overnight in (may be gated) .

Asset 24 View More
Wed 21 Jul 2021 19:01:16 GMT

2

Bitcoin moves higher as Musk, Wood and Dorsey gather on a panel

Price moved away from a key swing area The price of bitcoin yesterday - and earlier today - bottomed near a swing area between $28,600 and $30,066. That swing area goes back to January 2021, and was also retested in May and June as well.  Traders can now add July to the calendar list of support lows. 

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Bitcoin moves higher as Musk, Wood and Dorsey gather on a panel


//az705044.vo.msecnd.net/20210721/0-2021-07-21_11-47-57.jpg Greg Michalowski
Wed 21 Jul 2021 19:01:16 GMT
Category: Cryptocurrency
2
Price moved away from a key swing area The price of bitcoin yesterday - and earlier today - bottomed near a swing area between $28,600 and $30,066. That swing area goes back to January 2021, and was also retested in May and June as well.  Traders can now add July to the calendar list of support lows. 

Asset 24 View More
Wed 21 Jul 2021 18:38:13 GMT

1

Musk says Tesla will "most likely" resume accepting bitcoin

More from Elon Musk at the B Word conference Musk says they want to do "a little bit more" due diligence on the percentage of renewables use in bitcoin but said they will "most likely" resume accepting bitcoin.

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Musk says Tesla will "most likely" resume accepting bitcoin


//az705044.vo.msecnd.net/20210721/2021-07-21_14-12-20.jpg Adam Button
Wed 21 Jul 2021 18:38:13 GMT
Author: Adam Button
Category: Cryptocurrency
1
More from Elon Musk at the B Word conference Musk says they want to do "a little bit more" due diligence on the percentage of renewables use in bitcoin but said they will "most likely" resume accepting bitcoin.

Asset 24 View More
Wed 21 Jul 2021 18:19:21 GMT

Musk: Bitcoin not necessarily good for the environment but on balance he supports it

Musk comments at the B Word Conference Elon Musk, Jack Dorsey and Cathie Wood are talking at the bitcoin B Word Conference. Musk said he still owns bitcoin, etherium and dogecoin personally.

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Musk: Bitcoin not necessarily good for the environment but on balance he supports it


//az705044.vo.msecnd.net/20210721/2021-07-21_14-12-20.jpg Adam Button
Wed 21 Jul 2021 18:19:21 GMT
Author: Adam Button
Category: Cryptocurrency
0
Musk comments at the B Word Conference Elon Musk, Jack Dorsey and Cathie Wood are talking at the bitcoin B Word Conference. Musk said he still owns bitcoin, etherium and dogecoin personally.

Asset 24 View More
Wed 21 Jul 2021 14:22:46 GMT

1

Bitcoin climbs back to unchanged on the week in a positive technical jump

Bitcoin up $1880 to $31,750 today Bitcoin is riding the risk retracement to a 6.2% rally. An early sign of the broad turn in markets yesterday may have been bitcon's ability to hold the June low yesterday. There was certainly ample talk that it was on the brink of a breakdown and sentiment isn't great at the moment.

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Bitcoin climbs back to unchanged on the week in a positive technical jump


//az705044.vo.msecnd.net/20210721/bitcoin.jpg Adam Button
Wed 21 Jul 2021 14:22:46 GMT
Author: Adam Button
Category: Cryptocurrency
1
Bitcoin up $1880 to $31,750 today Bitcoin is riding the risk retracement to a 6.2% rally. An early sign of the broad turn in markets yesterday may have been bitcon's ability to hold the June low yesterday. There was certainly ample talk that it was on the brink of a breakdown and sentiment isn't great at the moment.

Asset 24 View More
Wed 21 Jul 2021 04:50:41 GMT

Bitcoin shows signs of life in push back above $30,000

Bitcoin moves up by over 2% to just above $30,000 The $30,000 mark is an important psychological level so for now, buyers are showing some signs of life at least. That said, the underlying trend still suggests that Bitcoin is under pressure and there needs to be more convincing when it comes to the charts.

View More

Bitcoin shows signs of life in push back above $30,000


//az705044.vo.msecnd.net/20210721/21-7-2021-12-44-35-pm.png Justin Low
Wed 21 Jul 2021 04:50:41 GMT
Author: Justin Low
Category: Cryptocurrency
0
Bitcoin moves up by over 2% to just above $30,000 The $30,000 mark is an important psychological level so for now, buyers are showing some signs of life at least. That said, the underlying trend still suggests that Bitcoin is under pressure and there needs to be more convincing when it comes to the charts.

Asset 24 View More
Tue 20 Jul 2021 21:43:56 GMT

2

Headline: Bitcoin mining isn’t nearly as bad for the environment as it used to be

A piece published by CNBC says bitcoin draws roughly 70 terawatt hours of energy per year ... almost half of what it was in May.  It also says: So yeah, shutting down the major centre of the industry would save on electricity use, right? 

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Headline: Bitcoin mining isn’t nearly as bad for the environment as it used to be


https://az705044.vo.msecnd.net/20210525/btc-buy-poster.png Eamonn Sheridan
Tue 20 Jul 2021 21:43:56 GMT
Category: Cryptocurrency
2
A piece published by CNBC says bitcoin draws roughly 70 terawatt hours of energy per year ... almost half of what it was in May.  It also says: So yeah, shutting down the major centre of the industry would save on electricity use, right? 

Asset 24 View More
Tue 20 Jul 2021 20:27:53 GMT

1

ICYMI - Mastercard to make conversion of cryptocurrency to fiat currency simpler

More overnight news on Bitcoin et all. Mastercard says its will improve its card program for cryptocurrency wallets and exchanges   More here.

View More

ICYMI - Mastercard to make conversion of cryptocurrency to fiat currency simpler


https://az705044.vo.msecnd.net/20210720/bitcoin.png Eamonn Sheridan
Tue 20 Jul 2021 20:27:53 GMT
Category: Cryptocurrency
1
More overnight news on Bitcoin et all. Mastercard says its will improve its card program for cryptocurrency wallets and exchanges   More here.

Asset 24 View More
Tue 20 Jul 2021 20:20:57 GMT

1

ICYMI - EU is looking to ban anonymous crypto asset wallets

Some overnight new on cryptocurrency, the European Union wants to ensure traceability of crypto transfers The EU proposing: EU ways this is to help track money laundering and other illegal activities.

View More

ICYMI - EU is looking to ban anonymous crypto asset wallets


https://az705044.vo.msecnd.net/20210720/btc-chart-21-july-2021.png Eamonn Sheridan
Tue 20 Jul 2021 20:20:57 GMT
Category: Cryptocurrency
1
Some overnight new on cryptocurrency, the European Union wants to ensure traceability of crypto transfers The EU proposing: EU ways this is to help track money laundering and other illegal activities.

Asset 24 View More
Tue 20 Jul 2021 04:26:35 GMT

1

Bitcoin under pressure below the $30,000 mark

Things could get even uglier Bitcoin is trading just below $30,000 for the first time in almost a month as sellers are trying to establish a fresh leg lower amid the recent series of lower highs, lower lows.

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Bitcoin under pressure below the $30,000 mark


//az705044.vo.msecnd.net/20210720/20-7-2021-12-21-39-pm.png Justin Low
Tue 20 Jul 2021 04:26:35 GMT
Author: Justin Low
Category: Cryptocurrency
1
Things could get even uglier Bitcoin is trading just below $30,000 for the first time in almost a month as sellers are trying to establish a fresh leg lower amid the recent series of lower highs, lower lows.

Asset 24 View More
Tue 20 Jul 2021 03:21:45 GMT

6

Bitcoin drops under US$30K

BTC has been in a drip-feed lower since ... well, pick a date ... the April peak?. The catalyst today might be this but as I saw, there is more to it than today's headlines:

View More

Bitcoin drops under US$30K


https://az705044.vo.msecnd.net/20210706/bitcoin.png Eamonn Sheridan
Tue 20 Jul 2021 03:21:45 GMT
Category: Cryptocurrency
6
BTC has been in a drip-feed lower since ... well, pick a date ... the April peak?. The catalyst today might be this but as I saw, there is more to it than today's headlines:

Asset 24 View More

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