Bitcoin fails to crack stubborn ground closer to $10,000, continuing to range within its corridor after last week’s significant improvement. Bitcoin (BTC) dropped below $9,200 on Nov. 3 after a fresh attempt to crack resistance above $9,500 ended in rejection. Cryptocurrency market daily overview. Source: Coin360 Bitcoin stays in low $9K corridor Data from Coin360 […]
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The crypto market has pulled back but traders might view the current dip as a buying opportunity as long as critical support levels are not violated. A Bloomberg report, analyzing data from 13 top exchanges, shows that within a very short span of time, Bitcoin (BTC) futures trading volume has grown to about 50% of […]
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Many cryptocurrencies are in a pullback which may be viewed as a buying opportunity. What are the critical levels to watch out for? The sentiment in the crypto markets had turned bullish on the news that Chinese President Xi Jinping has called for businesses and government bodies to support the development and adoption of blockchain […]
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After last week’s volatility, traders could be anticipating that the crypto market will consolidate the gains before starting next move up. The seesaw price action over the past week has lightened up the crypto space once again. While the aggressive bulls view the sharp upside move as a bottoming signal, the bears consider the rise […]
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Bitcoin managed a sharp turnaround just a day after 10% price dump. Does this increase the possibility of a bottom formation? The total market capitalization has bounced from very close to the $200 billion support, which is a positive sign. The pullback from the dip on Oct. 23 has been broad-based with Bitcoin (BTC) and […]
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After a day at the lower bound of a well-defined trading corridor, Bitcoin rose up to tackle $7,650 and reclaim some ground lost in its major slide this week. Bitcoin (BTC) hit $7,600 on Oct. 25 after a spell of bullish upward action saw 2% gains occur in a matter of minutes. Cryptocurrency market daily […]
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The United States-based branch of major crypto exchange Binance, Binance.US, is adding support for Dogecoin tonight. The United States-based branch of major crypto exchange Binance, Binance.US, will add support for Dogecoin (DOGE), according to a blog post published on Oct. 24. Binance.US’s users will be able to trade the DOGE/USDT pair from 09:00 p.m. EST […]
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External pressure appears to influence sentiment as Facebook grilling by U.S. Congress coincides with a sudden Bitcoin price crash. Bitcoin price (BTC) hovered near widely-predicted support levels on Oct. 24 after a day of carnage sent markets tumbling to five-month lows. Cryptocurrency market daily overview. Source: Coin360 Bitcoin battles fresh Congressional criticism Data from Coin360 […]
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Major cryptocurrency exchange Binance prepares to list the first-ever SEC-sanctioned Blockstack token. Major cryptocurrency exchange Binance is preparing to expand its token offering with the listing of Blockstack (STX). According to an announcement on Oct. 23, the cryptocurrency exchange will open trading for STX/Binance Coin (BNB), STX/Bitcoin (BTC) and STX/Tether (USDT) trading pairs on Oct. […]
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The crypto space is deep in the red. Is this a bear trap or the start of a new downtrend? Let’s analyze the charts. Bitcoin’s (BTC) plunged today, dragging the whole crypto space along with it. The total crypto market capitalization has broken below the $209 billion mark from where it had bounced on two […]
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