Most Recent

Exchange Inflows from Bitcoin Whales Spike as Analysts Expect Selloff

Bitcoin has been expressing tremendous strength throughout the past few days, with its price seeing an unrelenting uptrend that has allowed it to surmount multiple strong resistance levels and flip them into support. Its momentum stalled slightly yesterday afternoon following its rejection at $13,200, but this appeared to be only a slight speedbump, as BTC […]

1,252
Like
Save
“Massive” Wave Of OTC Buying Could Be Behind Bitcoin Bull Impulse

Yesterday, Bitcoin experienced a major breakout through $12,000 and in a flash was trading above $13,000. Buying on exchanges is picking up, which is, in turn, driving up prices. However, a “massive” wave of OTC buying suddenly could also be contributing to the bullish impulse. Here’s how. Bulls Push BTC To New 2020 High, Is […]

1,438
Like
Save
Crypto exchange Kraken now live in Japan

Kraken, the popular cryptocurrency and bitcoin exchange company, today announced the launch of account funding and trading in Japan. The live opening in Japan is an important milestone in the exchange’s growth and expansion into the APAC region. The following services are now available to Japan residents: Spot trading in 5 major cryptocurrencies – Bitcoin […]

975
Like
Save
Nigerian Protest Group Finds Sovereign Lifeline In Bitcoin

This article also appeared in our Down The Rabbit Hole newsletter. If you want our news and analysis straight to your inbox, make sure you subscribe now! Since mid-October, protestors across Nigeria have been demonstrating daily to bring attention to claims that a police unit known as the Special Anti-Robbery Squad (SARS) is taking part […]

1,365
Like
Save
Market Wrap: PayPal Powers Bitcoin Past $12.8K as Ether Dominance Drops

Bitcoin’s price hit a 2020 record as ether’s share of the market dips.

1,097
Like
Save
The Second Day Running Sees Bitcoin is Up While Equities Fall

For the second day straight, Bitcoin is up while equities fall. Is this the beginning of a decoupling from traditional markets? @SmartContracter picked up on this trend yesterday by saying: “was very surprised to see this today, but there is nothing i would like more than to see btc break its correlation with equities.” However, […]

75
Like
Save
Bitcoin Spikes to $12,850, Burning Over $75 Million in Futures Contracts

Bitcoin is exploding higher on the back of two extremely positive fundamental events: PayPal adding support for cryptocurrency and the U.S. confirming an imminent fiscal stimulus package. BTC currently trades for $12,800, far above the lows seen just a week ago at $11,200. Source: BTCUSD from TradingView.com The price of Bitcoin plunged last week as […]

1,387
Like
Save
Pelosi, Kudlow Signal Market-Moving US Stimulus May Wait Till After Election: Report

With a strong correlation between stocks and the bitcoin price in recent months, analysts say a stimulus package could boost BTC as well.

799
Like
Save
Bitcoin Rallies Above $13K Less Than 24 Hours After Breaking 2020 Highs

Bitcoin (BTC) has risen above $13,000 in less than 24 hours after it broke the $12,000 level on the news that PayPal will support cryptocurrencies on its platform.

873
Like
Save
Bitcoin Could Soon Post First Weekly Close Above $12,000 Since 2018

Bitcoin is currently in the throes of a strong uptrend that has allowed it to recapture all of the gains that were lost following its decline from $12,400 seen in late-August. The cryptocurrency set fresh yearly highs today when it rallied up to $12,500 – a level that is now acting as resistance. Whether or […]

1,487
Like
Save
Analysts Expect Ethereum to “Teleport” Higher as Bitcoin Rockets Towards $13k

Ethereum’s price action has been incredibly lackluster compared to that seen by Bitcoin and the rest of the crypto market. While BTC pushes up towards fresh yearly highs of $13,000, the rest of the crypto market has remained fairly stagnant. In particular, ETH has only seen tempered gains and remains well below its 2020 highs […]

416
Like
Save
Bitcoin Nears Bullish Breakout, But Volume Has Yet To Come

Bitcoin has very few resistance levels left to clear before a new bull run is on, and the leading cryptocurrency by market cap returns to price discovery mode in search of its next all-time high. And while that break out into a bull market draws nearer with each passing day, so far, there’s no volume […]

923
Like
Save
The Rush To Own India’s Bitcoin Market Is Back On

While the volume and scale may not be huge by current industry standards, venture capital inflows into Indian Bitcoin companies have been hard not to notice this year. Long considered an obviously ripe market for Bitcoin adoption, the regulatory and banking establishments in India have, at times, hamstrung growth of a local commercial Bitcoin ecosystem, […]

348
Like
Save
Ban All Ransomware Payments, in Bitcoin or Otherwise

The U.S. Treasury Department has outlawed certain ransomware payments. If it was serious, it would go further, says our columnist.

969
Like
Save
TA: Bitcoin Smashes Heavy Resistance at $12K And Its Likely To Continue Higher

Bitcoin price is up over 2% and it broke the $11,800 and $12,000 resistance levels against the US Dollar. BTC is now trading above $12,000, with high chances of more upsides. Bitcoin remained in a positive zone and it cleared the $11,800 and $12,000 resistance levels. The price is currently testing the $12,150 zone and […]

1,239
Like
Save
National Stock Exchange of Australia to Launch Automated Trading Blockchain Platform

Continue reading at Coinspeaker

372
Like
Save
Bitcoin Sees Significant Breakout as Analysts Claim “$13,000 is on the Table”

After an extended period of consolidation that provided little insight into Bitcoin’s near-term outlook, the cryptocurrency was able to post a breakout rally that has since sent its price surge towards $11,700. This move carried significant weight, as it took place in the absence of an uptrend seen by the traditional market. Analysts are now […]

572
Like
Save
Top DeFi Coins Crater 5-10% Despite $400 Bitcoin Price Jump

Bitcoin has soared higher over the past few days. After bottoming at $11,200 late last week after the OKEx news, the cryptocurrency has mounted a comeback. As of this article’s writing, the coin trades for $11,750, around $400 higher than it was trading just 36 hours ago. The coin briefly surpassed $11,800 earlier today but […]

1,151
Like
Save
Introducing CBPI: A New Way To Measure Bitcoin Network Electrical Consumption

There have been many claims in recent years that bitcoin and the miners securing the network via SHA-256 proof of work use an unconscionable amount of energy. But what data are these claims based on, are the source calculations using flawed or sound approaches and assumptions? How much electrical power does the network draw and […]

1,266
Like
Save
“Old Hands” Sold The Bitcoin Bottom And Are Selling Again Now

Bitcoin price is at a pivotal moment, about to potentially confirm a break out into a new bull market. Yet for some reason, coin dormancy, what one analyst calls a measure of “old hands” selling, is reaching a high level currently. These holders sold the Bitcoin bottom fearing lower prices, but why then are these […]

66
Like
Save
Here’s the Overlooked $8.5 Trillion Investor Group That Could Boost Bitcoin

Bitcoin has been seeing massive inflows of capital from large investors and corporations throughout 2020, which may be what has allowed its price to trade well above where it started the year – despite the turbulence seen in the early months. There’s a strong possibility that BTC will continue gaining adoption amongst non-retail investors in […]

133
Like
Save
Ethereum 2.0 Deposit Contract Primed to Launch: ConsenSys Programmer

Ethereum’s 2.0 (ETH2) upgrade is expected to begin to roll out in the near future. The upgrade has long been awaited by crypto investors across the industry, with it facing a number of delays. There was a scare a number of weeks ago after a testnet for Ethereum 2.0 failed to launch properly due to […]

454
Like
Save
TA: Bitcoin Bulls Back In Driver’s Seat, More Upsides Above $12K Likely

Bitcoin price is up over 2% and it broke the main $11,560 resistance against the US Dollar. BTC is now struggling near $11,800, but it is likely to continue higher. Bitcoin is gaining momentum, and it broke the $11,500 and $11,560 resistance levels. The price is currently testing the $11,800 resistance and it is well […]

234
Like
Save