Post-halving scenario on Bitcoin’s long-term market trust and reputation seems quite positive according to crypto pundits. With Bitcoin’s (BTC) fourth halving just four days away, members of the global crypto community are eager to see how the event pans out monetarily for the flagship crypto asset. Historically speaking, the halving has almost always had a […]
Continue Reading
Most major cryptocurrencies are stuck in a tight range awaiting direction from Bitcoin. Pantera Capital Founder and CEO Dan Morehead is bullish on Bitcoin (BTC) due to the upcoming halving as he believes that “if the new supply of Bitcoin is cut in half, all else being equal, the price should rise”. If history were […]
Continue Reading
Tezos and Chainlink are the top-performing cryptocurrencies as Bitcoin is consolidating with a week left before the halving. When Bitcoin (BTC) goes down, Chainlink (LINK) and Tezos (XTZ) go down. But when Bitcoin starts to move upwards, a much bigger move can usually be expected from these two coins as well. As Bitcoin hit a […]
Continue ReadingSeveral major cryptocurrencies are facing selling at higher levels but the fact that traders are buying on the dips suggests further range-bound action is likely. Jefferies Greed & Fear email written by Christopher Wood recommends both retail and institutional investors buy Bitcoin (BTC) ahead of the upcoming halving which is less than eight days away. […]
Continue ReadingThe crypto markets are expected to remain volatile this week. Hence, several short-term trading opportunities are likely to crop up. The world is currently witnessing its worst crisis in decades, which dwarfs even the previous financial crisis. Even when traditional asset classes like equities and crude oil are struggling, Bitcoin (BTC) has held out exceedingly […]
Continue ReadingMost major cryptocurrencies are facing resistance at higher levels, meaning a few days of consolidation could be needed before the rally can resume. The total crypto market capitalization has jumped from about $198 billion on April 22 to over $263 billion on April 30. This 32% rally in roughly eight days shows that investor sentiment […]
Continue ReadingBTC gets propelled over the $9,000 mark but fails to immediately cement the level as support in volatile Friday trading. Bitcoin (BTC) was back on May 1 as the largest cryptocurrency regained $9,000 after climbing 7% in less than 24 hours. Cryptocurrency market daily overview. Source: Coin360 BTC price shoots for fresh $9K support Data […]
Continue Reading
Bitcoin price corrected 11.36% after setting a multi-month high at $9,400 but bullish investors appear intent on recapturing $9,000. Thursday’s Bitcoin (BTC) price action was relatively uneventful compared to the past 48-hours of activity that the top-rated crypto on CoinMarketCap pulled off on Tuesday and Wednesday. On crypto-Twitter, one will easily find analysts calling for […]
Continue Reading
Bitcoin’s 14.5% rally set an important higher high and has placed the digital asset in position to tackle the $9,000 level. On Wednesday Bitcoin (BTC) price blasted through a series of key resistance levels as traders ponied up and set their target on the $9K mark. According to data from Cointelegraph Markets and CoinMarketCap the […]
Continue Reading
Coinbase and Coinbase Pro faced platform stalls as Bitcoin’s price soared. Major U.S. crypto exchange, Coinbase, and its professional trading platform, Coinbase Pro, recently went down for the count during a hectic pump day for Bitcoin (BTC). Coinbase and Coinbase Pro showed “partially degraded service” on April 29, as per a notice on Coinbase Pro. “Coinbase […]
Continue Reading