Bitcoin

Weekly Cryptocurrency Recap: Bitcoin and Ethereum Fail to Break Above Resistance

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Bitcoin Price Tackles $12,000 After Breaking Through a Key Resistance Zone

Bitcoin price has pushed through $12,000 for the second time this month but will it hold? Within the last hour Bitcoin (BTC) price pushed through the $11,800 resistance and finally made its way back above $12,000.  Crypto market daily price chart. Source: Coin360 The sharp upside move came after a relatively quite weekly close as […]

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Number of Bitcoin Cash Whales Drop Following 39% Price Surge

The number of Bitcoin Cash investors holding at least $3M dropped by 10 since Aug. 1 following the price surge to more than $311. Following a 39% price surge at the end of July, at least 10 Bitcoin Cash whales have left the network, possibly trading or selling their millions in holdings.  According to Crypto […]

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XRP Fractal Evokes Flashback of Crypto Bubble Bitcoin Outperformance

XRP over the last month had some of the strongest week over week performance in the space. The third-ranked altcoin rallied by as much as 45% in one week, outperforming the rest of the entire crypto market. The asset often referred to as Ripple beating all other altcoins is the perfect underdog story after spending […]

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An Analyst Isn’t Counting Out the Scenario Where Bitcoin Drops to $8,000

Disregarding the ongoing consolidation, Bitcoin has seen an explosive price performance in the past two weeks. In that time frame, the leading cryptocurrency has gained approximately 25.8%. While this latest move higher brought the cryptocurrency above critical resistance levels in the $10,500 range. $10,500 acted as a point at which three separate Bitcoin rallies topped, […]

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Scarily Accurate Analyst Thinks Bitcoin Will Hit $15,000 by September

Bitcoin has stagnated in the mid-$11,000s over the past few days despite a surge in the value of altcoins. As of the time of this article’s writing, the leading cryptocurrency is trading for $11,700. Although this is a price higher than it was at last week’s candle close, there are some that do not believe […]

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Retail Investors are Flooding into Bitcoin as Likelihood of Explosive Rally Grows

Bitcoin’s price has been caught within a strong uptrend throughout the past several weeks, although this momentum is showing some signs of stalling as the cryptocurrency consolidates within the upper-$11,000 region. Analysts are now noting that BTC may soon see a strong uptrend due to inflows of capital from retail traders who are just entering […]

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Link’s Trading Volume on Coinbase Surpasses That of Bitcoin

Chainlink’s link token has surged past bitcoin, becoming the most traded cryptocurrency of the past 24 hours on Coinbase Pro.

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The Mounting Evidence of a New Bitcoin Bull Market

From positive price indicators to a new all time high in smallholder addresses, this is the evidence a new bull run might be starting.

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The Price of Bitcoin Is Facing Its Final Resistance Zone Before $15K

The price of Bitcoin has successfully tested a new support zone before the weekend but will it be enough to finally push above $12,000? The price of Bitcoin (BTC) is facing its final resistance zone until the bull market is on fire. However, will it break through this resistance zone in one attempt? The charts […]

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Bitcoin is Almost as Big as Bank of America

As crypto prices continue climbing, Bitcoin’s market cap has almost reach par with Bank of America’s market cap. All the speculative capital invested in Bitcoin (BTC) at the moment totals just a few billion dollars shy of Bank of America’s market valuation. Bitcoin’s current market cap sits just over $217 billion, according to Cointelegraph data […]

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New Bitcoin Scam Uses Daniel Craig for Fake Celebrity Endorsements

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Market Wrap: Bitcoin Dips to $11.5K; Cardano Is Making a Big DeFi Move

After testing a $11,900 high bitcoin takes a dip while a DeFi competitor to Ethereum checks off a roadmap box.

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Bitcoin and Ether Market Update August 6, 2020

Total crypto market cap added $15.2 billion to its value since Monday morning and now stands at $353.3 billion. Top ten coins were mostly in green for the last 24 hours with bitcoin (BTC) and ChainLink (LINK) being the best performers with 3.2 and 3.1 percent of gains respectively. At the time of writing bitcoin […]

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Japan: FSA Chief Says No Plans to Deregulate Bitcoin Trading, Focus on CBDC Development

Ryozo Himino, the new chief of the Japanese financial regulator – the Financial Services Agency (FSA) – told Reuters there is no need to promote non-fiat pegged cryptocurrencies such as bitcoin (BTC). Rather, the focus should be given to the development of central bank digital currencies (CBDC). Promoting Cryptocurrency Trading not a Priority In a […]

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Bitcoin Black Friday 2020 Will Host Major Discounts For BTC Payments

Before Bitcoin was a movement, it was a digital currency. While the store-of-value aspect of Bitcoin gets highlighted often, the permissionless payments side often doesn’t receive the attention it deserves. In 2012, Jon Holmquist embraced the Black Friday holiday in order to help Bitcoiners showcase the advantages of their favorite technology, launching BitcoinBlackFriday.com and hacking […]

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Indian Lawmakers Reportedly Discussing Bitcoin, Crypto Ban — Again

Indian policymakers are discussing a new law to permanently ban the trade of Bitcoin and other cryptocurrencies in the nation, reported Moneycontrol on Tuesday. Ban Bitcoin, Once Again The Indian cryptocurrency market cannot seem to catch a break. Its government has gone back-and-forth on cryptocurrencies at least five times yet, and it does not seem […]

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Twitter Bitcoin Breach Raises Questions

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Barstool’s Dave Portnoy Wants to Buy Bitcoin – Asks Winklevoss Twins to Teach Him

Barstool Sports president Dave Portnoy has been amassing a notable following throughout the past few weeks due to his stock trading live streams – and now he wants in on Bitcoin. Despite previously questioning Bitcoin’s status as an investment, the eccentric trading personality now wants exposure to the digital currency’s immense volatility. In a recent […]

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Market Wrap: Bitcoin Flat at $11.2K; DeFi Has Highest Volume Month Ever

A weak bitcoin market is not stopping Ethereum-powered DeFi growth.

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Missouri Man Pleads Guilty to Trying to Buy Chemical Weapons With Bitcoin

The chemicals, though never delivered, would have been potent enough to kill 300 people, prosecutors say.

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U.S. Congressman Emmer Says Bitcoin Better than Centralized Fiat Monies 

Tom Emmer, a U.S. Representative for Minnesota’s sixth congressional district, has said during the August 3, 2020 episode of Anthony Pompliano’s “Pomp Podcast”,  that Bitcoin has come to stay, as its decentralized nature gives it a significant edge over fiat currencies including the USD. Emmer says the ravaging coronavirus pandemic, plus the recent crypto custody […]

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A Visit to This Crucial Support Region Could Start Bitcoin’s Next “Moon Mission”

Bitcoin has faced some turbulence throughout the past couple of days. Following the benchmark cryptocurrency’s firm rejection at $12,000 this past weekend, it has largely been consolidating within the lower-$11,000 region. Yesterday, however, bulls attempted to spark a fresh leg higher. They sent BTC to highs of $11,500 before losing their momentum. From here, it […]

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