Bitcoin price remains bearish on multiple time frames but a few key macro indicators hint the BTC bull market may start once its hits realized value. On Dec. 18 Bitcoin (BTC) price thrilled investors by providing a $1,000 move from $6,430 to $7,450 after bouncing off the descending channel trendline near $6,400. Multiple analysts from […]
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Cryptocurrency exchange Bitfinex now enables its users to purchase cryptocurrencies with both credit and debit cards. Hong Kong-headquartered cryptocurrency exchange Bitfinex now enables its users to purchase cryptocurrencies with both credit and debit cards. The exchange made the announcement on Dec. 20, saying: “Buy cryptocurrencies with your debit or credit cards on Bitfinex. Whether it’s […]
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Research shows Bitcoin is improving its wealth distribution versus 2018, but among other cryptocurrencies big and small, the problem is getting worse. Bitcoin (BTC) whales may have made headlines this month, but its wealth is more evenly distributed in 2019 — the opposite of major altcoins. That was among the findings of research by Clovr, […]
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Bitcoin price makes a strong recovery back over $7,000, filling the weekend’s CME futures gap and bouncing off crucial support earlier today. Bitcoin (BTC) price is currently in the process of a strong reversal, which has seen the digital asset quickly recover 8.16% to trade slightly above $7,200. On Dec. 17 the digital asset broke […]
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A lack of support that began at the start of the week translated into more serious losses on Tuesday, with cryptocurrencies shedding significant value. Bitcoin (BTC) fell further below $7,000 on Dec. 17 after a loss of support the previous day caused bears to strengthen their grip on the market. Cryptocurrency market daily overview. Source: […]
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Bitcoin price again drops below $7K bouncing off $6,800 support while the number of longs on Bitfinex has interestingly increased to the hope of the bulls. Bitcoin (BTC) price dropped below the $7,040 support, which kicked off a swift 3% decline to $6,800 on Dec. 16. The sharp pullback is likely no surprise to traders […]
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New York Attorney General continues to push to investigate the alleged multimillion dollar coverup involving Bitfinex and Tether. In a filing with the New York State Supreme Court’s Appellate Division, New York Attorney General Letitia James roundly criticized the efforts of Bitfinex and Tether to halt her office’s investigation into the companies. Bitfinex and Tether […]
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New York-based blockchain analytics firm Chainalysis is set to provide crypto exchange Bitfinex with its Anti-Money Laundering compliance solution. New York-based blockchain analytics firm Chainalysis is set to provide crypto exchange Bitfinex with its Anti-Money Laundering compliance solution. In a press release published on Dec. 12, both firms took pains to stress that the solution […]
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A bizarre wager between two major Bitcoin traders turns sour after it emerged one allegedly tried to prop up BTC/USD to guarantee a win. Bitcoin (BTC) price may have spiked throughout the global market on Dec. 12 due to the actions of a single bagholder — trying to win a $10,000 Dogecoin (DOGE) bet. In […]
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Bitcoin price continues to yield to bears and could collapse to $6.5K or below if $7,080 and $6,800 fail to hold as support. For the past few days, Bitcoin price (BTC) has ranged between $7,400 to $7,100 and it seems bears are keen to push the price back below $7,000 before this week closes. Earlier […]
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