Español
PortuguêsBitcoin price plunged by nearly 10 percent after failing to sustain above $10,000. The cryptocurrency has covered part of its recent losses, now trading above $9,100. But a confluence of…
Continue ReadingInvestors should consider buying Bitcoin if the S&P 500 breaks lower, according to Victor Dergunov, co-founder of Albright Investment Group. The cryptocurrency’s upside potential is substantial, even if it falls…
Continue ReadingBitcoin avoided a major downtrend and recovered from the $8,680 support against the US Dollar. BTC price is trading above $9,000, but it must clear $9,300 to start a strong…
Continue ReadingLike most other markets, Bitcoin’s price is predicated on supply and demand dynamics. This is depicted in the chart below, with the equilibrium price of an asset being related to…
Continue ReadingAfter holding under $9,000 for days on end, Bitcoin surged higher to hit $9,200 on Wednesday morning.It was a small move in percentage terms but still notable in terms of…
Continue ReadingThe aggregated crypto market saw a sharp rise today fueled by widespread liquidations of short positions This movement came about following an extended period of sideways trading within the upper-$8,000…
Continue ReadingBitcoin has rallied strongly since the $3,700 lows established in March. From the bottom of the crash, the cryptocurrency is now up just shy of 150%.Although this upswing has convinced…
Continue ReadingBitcoin saw a sharp rise overnight that allowed it to firmly surmount the $9,000 region This upwards movement liquidated nearly $20 million in short positions, with buyers now attempting liquidate…
Continue ReadingBitcoin saw a sharp bounce into the $9,000 region overnight following a multi-day bout of consolidation within the $8,000 region The cryptocurrency now appears to have reached a “decision point”…
Continue ReadingBecause Bitcoin is an asset unlike anything else before it, analysts use a set of unorthodox, uniquely developed tools for fundamental analysis.One of these tools praised as “one of the…
Continue ReadingWhen the pandemic first struck, crypto investors feverishly began reducing overall risk across their asset portfolio.This sentiment has since changed, and with it the has the tone of a chief…
Continue ReadingA false bottom giving false hope ahead of the Great Depression is drawing comparisons to the current S&P 500, which has made the sharpest bear market recovery in history. Further…
Continue ReadingRecently, NewsBTC reported that Russia planned to criminalize the use of cryptocurrency, as stipulated in the latest draft bill “on digital currency.” However, Russian lawyer Maria Agranovskaya told local media agency…
Continue ReadingThe world is experiencing the worst financial crisis in decades, but the Bitcoin market has its own route. The recent acquisitions announced by cryptocurrency exchanges give hope that the economic…
Continue ReadingA call focusing on the future US economic outlook hosted by Goldman Sachs that mentioned Bitcoin alongside gold got the crypto market buzzing early this week.But as details leak out…
Continue ReadingBitcoin breaks above $9,100 hours ahead of New York opening bell.The gains surfaced as the futures linked to Dow Jones suggested a 400-point rally after Wednesday’s open.Investors also felt buoyed…
Continue ReadingThe Board of Directors of leading Bitcoin mining firm, Bitmain today threatened ousted co-founder, Micree Zhan with legal action if he continues meddling with the company’s affairs.In what has been…
Continue ReadingOne of the biggest narratives in the Bitcoin market in 2019 was, tensions between China and the U.S. were pushing the cryptocurrency higher. As tensions between the two global superpowers…
Continue ReadingBitcoin has been subject to troubling price action over the past week.Since the May highs of $10,000 established in the wake of the halving, the cryptocurrency has been in a…
Continue ReadingControversial crypto stablecoin Tether continues at full speed ahead as recent data shows its daily transactions are the highest they have ever been.A recent Reddit post shows Tether reached 208,107…
Continue ReadingBitcoin is trading in a bearish zone below $9,000 against the US Dollar. BTC price is likely to accelerate lower if it breaks the $8,680 and $8,600 support levels.Bitcoin is…
Continue ReadingIt’s been an interesting past few weeks for Bitcoin. First, there was the halving. Then an early miner from 2009 initially believed to be Satoshi Nakamoto moved 50 Bitcoin, 10…
Continue ReadingBitcoin has once again found itself caught within a bout of sideways trading as it struggles to garner any momentum as it hovers around the $8,800 region.This is around the…
Continue ReadingBitcoin has been finding some slight support at $8,800 throughout the past day, but the buying pressure here appears to be quickly degrading The crypto is also on the cusp…
Continue ReadingThe mounting tensions between the US and China as a result of the ongoing pandemic have contributed to global instability and could ultimately provide a major boost to Bitcoin.The United…
Continue ReadingA long-term trend following indicator is about to flip bearish on Bitcoin for only the fourth time in the asset’s short, eleven-year history.However, it doesn’t necessarily mean that more downside…
Continue ReadingThe crypto market is flashing some overt signs of weakness as Bitcoin leads most major altcoins lower Although some smaller tokens have been able to escape these losses, the aggregated…
Continue ReadingThe CME’s Bitcoin futures and options contracts have been seeing booming popularity in recent times This has led the open interest on the platform to rocket, with this growth being…
Continue ReadingAll throughout the crypto market, small-cap altcoins going on massive rallies brought back the return of talk about an impending altcoin season. However, a pair of coinciding sell signals triggering…
Continue ReadingBitcoin‘s hash rate, a measure of the amount of processing power fueling the cryptocurrency’s underlying blockchain protocol, has fallen to a low beyond the levels seen following the Black Thursday…
Continue ReadingIndia is one of the fastest-growing cryptocurrency markets in the world, according to a recent report by Coinpaprika and OKEx. The trend will likely continue as the government has recently…
Continue ReadingThe recent pandemic has caused a dramatic rift between everyday citizens and the politicians in charge of governing them. This growing mistrust in monetary policy may bring Bitcoin yet another…
Continue ReadingBelieve it or not, there remain traders that are macro bearish on Bitcoin. That’s to say, there are some investors that think the capitulation crash to $3,700 was not the…
Continue ReadingAlthough JP Morgan may not trade Bitcoin or offer crypto-specific services to its clientele, the company does analyze this nascent market once in a while.This much was made clear very…
Continue ReadingBitcoin whales have started accumulating more tokens after the cryptocurrency’s price dipped below $9,500, according to data aggregator Santiment. Historical data shows that affluent crypto holders are trading bitcoin short-term…
Continue ReadingAfter trading below $9,000 for over a day, Bitcoin finally pushed past that level just minutes ago. BTC has not seen a massive rally from the weekly lows of $8,600,…
Continue ReadingBitcoin and Gold ditched their safe-haven narratives to move alongside the risky U.S. equities amid a global healthcare crisis. While Bitcoin crashed to below $4,000 in an overnight dump on…
Continue ReadingBitcoin is currently correcting higher from $8,645 against the US Dollar. BTC price needs to clear the $9,100 resistance area to start a strong upward move and avoid a major…
Continue ReadingIt’s been a tough past week for the Bitcoin market. After rumors spread about Satoshi Nakamoto “selling” his BTC, the cryptocurrency saw a strong rejection in the $9,700-10,000 resistance band,…
Continue ReadingThe events seen within the crypto market on March 12th – a day now known as “Black Thursday” – were extreme and have sparked a lasting shift in dynamics amongst…
Continue Reading