As tensions between Iran and the U.S. continue to escalate, more and more Iranians seem to be turning toward crypto and BTC. Earlier this week, the world’s flagship crypto asset saw its value surge from around the $8,000 mark to just over $8,430 within an hour’s time. This latest price action came after the Iranian […]
Continue Reading
According to sources quoted in local media, the country’s finance regulator wants to further shore up the exchange industry against crypto volatility. Bitcoin (BTC) and cryptocurrency exchanges in Japan will face significant restrictions on margin trading as soon as this Spring, according to reports. Referencing sources at Japan’s finance regulator, the Financial Services Agency (FSA), […]
Continue Reading
A combination of three critical factors is set to deliver significant gains for Bitcoin investors, predicts Fundstrat Global Advisors. Bitcoin (BTC) can deliver 100% returns to investors in 2020 and may rise significantly in the five months until May’s block reward halving, a new report claims. In its forthcoming 2020 Crypto Outlook, market research firm […]
Continue Reading
A review of Bitcoin futures volumes in the week prior to the launch of options reveals “high anticipation,” according to a note from the bank’s analysts. The United States’ largest bank believes interest will be high in CME Group’s new Bitcoin (BTC) options when they launch on Jan. 13. In a note from Jan. 10 […]
Continue Reading
Bitcoin price increased amid rising tensions in the Middle East earlier this week but is BTC’s recent correlation to gold price supported by the data? Bitcoin’s (BTC) classification has been a controversial and difficult topic for crypto-enthusiasts, investors, and regulators to reach a consensus on. The digital asset has been compared to a currency, a […]
Continue Reading
Bitcoin price rebounded over $8,000 earlier today snapping a 3-day losing streak and placing the asset in a good position to test the $8.6K and $9K levels next. On Friday Bitcoin (BTC) price reclaimed $8,000 as bulls appear to be setting their sights on a second go at the weekly high at $8,473. Earlier in […]
Continue Reading
The U.S. is no longer the top recipient of U.S. dollars in Bitcoin as Singapore took the lead over the course of 2019. For the first time since 2013, the U.S. is no longer the top recipient of Bitcoin (BTC) as valued in USD, as Singapore took the lead over the course of 2019. As […]
Continue Reading
The bounce off the first support levels on most major cryptocurrencies indicates a possible change in trend. Safe haven assets were dumped on Jan. 8, on reports that the US-Iran conflict might not escalate to an all out war. Cryptocurrencies, which had surged alongside gold and oil with also retreated from two-month high. However, the […]
Continue Reading
Speaking to mainstream media, Sonny Singh publicly pledged his belief in BTC/USD beating its all-time high of $20,000 at some point this year. Bitcoin (BTC) will reach its highest price ever this year due to “unforeseen” events, which will draw in new buyers, one senior cryptocurrency industry executive says. In an interview with Bloomberg on […]
Continue Reading
The largest cryptocurrency sees heavy downward pressure since hitting in excess of $8,400, with a CME futures gap providing reliable support. Bitcoin (BTC) continued falling on Jan. 10 as gains from late last week fizzled and markets attempted to find support levels in the $7,000-$8,000 range. Cryptocurrency market daily overview. Source: Coin360 BTC futures gap […]
Continue Reading