Bitcoin (BTC) has been facing a long bout of consolidation ever since it was rejected at its 2019 highs of $13,800 earlier this summer. Simultaneously, the equities markets have also faced a period of consolidation throughout 2019, after trade tensions and global political instability slowed the market’s meteoric ascent. It is important to note that […]
Bitcoin price is closing in on $11,000 after a period of extreme volatility. Last week, the crypto asset fell below $10,000 in what many are calling a bear trap, and quickly bounced from lows around $9,400 back up the current price of $10,900 where it is currently trading. Along the way back up, yet another […]
The altcoin market is currently in crisis mode, with most of the various individual crypto assets outside of Bitcoin reaching new yearly lows, and in general, bleeding out all remaining value generated during the 2017 crypto hype bubble. Crypto investors are capitulating, but many are still hopeful that one day the altcoins they hold will […]
From the moment 2019 began, Bitcoin has been on a steady rise upward. And while it began as a slow trickle, the crypto asset soon after starting moving like a rocket. Eventually, that rocket ship took a pit stop to refuel and has been consolidating in a tight trading range. However, Bitcoin price has failed […]
The market chop and consolidation has continued for bitcoin today and analysts remain on the fence as to where it is likely to go next. The trading range is getting tighter however so a breakout could be imminent. Bitcoin Holding Fast at $10k Over the past 24 hours BTC has traded between $10k and $10.2k […]
Coinone’s Malta-based cryptocurrency exchange will cease its operations next month, for reasons unknown, according to an announcement posted on its official website. CGEX, the Malta subdivision of the South Korean cryptocurrency exchange, displayed a notice on its website stating that the site will terminate all its service from September 18, 0200 UTC. Following the date, […]
Coinspeaker Bakkt Is to Launch Bitcoin Futures Next Month Bakkt, first unveiled last August, has been working on regulatory approvals to begin offering the product over the past year. It is said to launch its services on September 23. Bakkt Is to Launch Bitcoin Futures Next Month Continue reading at Coinspeaker
Crypto hedge fund executive, Murad Mahmudov this morning added his voice to the growing song of experts calling for $100k a bitcoin. The CIO of Adaptive Capital weighed in on the technical debate observing that the current choppy price action is most likely just a “steady accumulation” phase. At first glance this looks like a […]
The total crypto market cap is approaching the next break either above $305.0B or below $292.0B. Bitcoin price is facing a strong resistance near the $12,000 level. Binance coin (BNB) price extended gains above the $30.50 and $31.00 resistance levels. Litecoin (LTC) price is slowly declining towards the key $86.00 support area. BCH price is […]
Crypto analysts and investors are growing increasingly giddy about an impending golden cross on Bitcoin’s 3-day price chart. Is a Trend Reversal on the Cards? Since topping out at $13,800 Bitcoin has taken a prolonged beating as buying pressure evaporated and bears took control of the wheel. Bearish analysts have predicted that Bitcoin could drop […]
Many people have suddenly flipped bearish on Bitcoin Cash (BCH) as the bitcoin fork plunged to as low as $255.10 on July 15. That’s a drop of over 50 percent from this year’s high of $517.12 which was posted on June 22. Nevertheless, the cryptocurrency is still up by almost 95 percent year-to-date even after […]
ETH price remained in a bearish zone after it settled below the $280 support against the US Dollar. The price declined heavily and recently tested the key support area near the $260 level. There is a crucial bearish trend line forming with resistance near $282 on the 4-hours chart of ETH/USD (data feed via Kraken). […]
Another big bet on Bitcoin is here. CEO of Morgan Creek Capital, Mark Yusko predicts that the value of Bitcoin can go up to $30000 before the next major pullback. In a recent interview with CNBC, the investment adviser, Mark Yusko states that Bitcoin’s upcoming major move can be $30000 before another correction. Besides that, […]
Bitcoin (BTC) has been in a firm uptrend for the past several months and has only recently found itself caught in a period of consolidation after it failed to break above its recently established 2019 high at $13,800. BTC’s upwards momentum has allowed it to incur strengthening technical formations, and analysts are now confident that […]
According to a widely circulated report last week, a number of firms are launching new derivative products tied to Bitcoin. Structured products and bond-like derivatives are being conjured up to attract sophisticated investors. Bitcoin Price Rally Attracts Greater Interest While the institutions have yet to arrive in their droves, the 2019 Bitcoin price rally has […]
Bloody Monday? I think not. In the past hour, Bitcoin (BTC) has spiked, gaining almost 3% within a few minutes’ time. As of the time of writing this, the cryptocurrency sits at $11,900, the highest the asset has traded at in a number of days. Related Reading: New ECB Boss is “Extremely” Pro-Crypto; What Could […]
Tether’s parabolic rise has started to show signs of weakness, after $80 million disappeared from the USDT market over the weekend. Is this an early indication that Bitcoin could be next? Let’s take a look. USDT Market Capital v Bitcoin Price It’s a well-known fact now that Tether’s circulating supply has a direct, albeit delayed, […]
Only yesterday Bitcoin bulls were triumphant that the king of crypto had broken resistance and was heading for five figures again. A few hours ago BTC made it to $10k but it didn’t just stop and hold there. A surge of over 10% took Bitcoin to over $10,900 during the Asian trading session this morning. […]
Bitcoin and the aggregated crypto markets have been in a firm uptrend for the past several months and BTC has put a significant amount of distance between its current prices and its year-to-date lows of well below $4,000. Analysts now agree that Bitcoin’s recent bullishness has not been driven by individual investors and has rather […]
Ethereum may begin transitioning to its next-generation, proof-of-stake blockchain model at the beginning of next year – pending more tests, that is.
By CCN Markets: The price of bitcoin has broken through the $9,000 mark and seems well on its way to $10,000, but brokerage firm eToro believes that there’s a pullback in the cards before the cryptocurrency enjoys its next bullish run. Simon Peters, an analyst at the multi-asset investment platform eToro, has warned investors to […]
The weekend has been extremely bullish for bitcoin price, which has surged to a new 2019 and thirteen month high. Those gains have held into Monday morning in Asia and analysts are now scouring the charts looking for the next move for BTC. Bitcoin Price Painting a Bullish Picture Bitcoin has held on to most […]
Bitcoin’s epic weekend pump has continued into Monday as gains are holding. BTC is still above $9k but has hit resistance once again. Analysts and traders are looking for its next move and some are now eyeing altcoins for bigger gains. Bitcoin surged through resistance yesterday to record a new 13 month high of just […]
