After falling $1.4K in a week Bitcoin’s bullish trend appears extinguished but finding support at the 21-WMA could reopen the path to $10.4K. This week the equity markets experienced their worst week in 12 years and as this meltdown took place the crypto market also took a hit. Bitcoin (BTC) and the cryptocurrency market saw […]
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Bitcoin price has stabilized above the $8.5K support as equities markets continued to implode over investor fears of Coronavirus contagion. Since the start of the week Bitcoin (BTC) price has dropped more than $38 billion as traditional markets also fell by more than 10%. As reported throughout mainstream media, this week’s collapse of the largest […]
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Is Bitcoin a currency, money, digital gold? Industry participants have differing opinions on what BTC is as the halving approaches. As the Bitcoin halving draws ever nearer, the demand for the digital asset keeps soaring, having seen an increase of around 15% against the United States dollar in the past month. The Bitcoin halving is […]
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The blockchain industry grows every year, but is the industry ready to accept new players and how could it possibly change the space? Who knows what’s responsible for the current bull run? It could be the upcoming halving, it could be the Chicago Mercantile Exchange’s debut of institutional-grade crypto-backed options, or it could even be […]
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Fundstrat’s Tom Lee predicts that the Bitcoin price can potentially double this year, giving five solid reasons to back it up. Fundstrat’s Tom Lee was the main highlight of last week’s Blockchain Economy 2020 event in Istanbul, Turkey. Taking the stage on day two, Lee addressed a crypto-savvy audience for about half an hour. Before […]
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Volatility sparks concerns among traders eager to see Bitcoin retain its 200-day moving average, while coronavirus talk returns. Bitcoin (BTC) was fighting to keep support at a key level on Feb. 27 as markets worldwide continued to suffer from fears over coronavirus. Cryptocurrency market daily overview. Source: Coin360 The make-or-break moment for BTC bulls Data […]
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Virgin Galactic’s chief executive believes that every person should invest 1% of their net wealth in Bitcoin as crisis insurance. Chamath Palihapitiya, the billionaire chairman of spaceflight company Virgin Galactic, has recommended that everyone hold Bitcoin (BTC) as a form of crisis insurance. Speaking on CNBC’s Squawk Box, Palihapitiya said he believes that “everybody should […]
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Justin Sun, the founder and CEO of Tron, the 15th biggest cryptocurrency by market cap, is investing in a number of cryptos other than Bitcoin. Justin Sun, the founder and CEO of Tron (TRX), the 15th biggest cryptocurrency by market cap, is investing in a number of cryptos other than Bitcoin (BTC). In a Feb. […]
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Binance now offers both deposits and withdrawals in Hong Kong dollars without deposit fees. Binance, one of the world’s foremost cryptocurrency exchanges, now allows deposits in Hong Kong dollars. According to a Feb. 21 announcement, Binance now offers both deposits and withdrawals in Hong Kong dollars without deposit fees. After depositing Hong Kong dollars, users […]
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Bitcoin price has recovered well since dropping to $9,352 but the CME gap at $9,740 and stiff resistance at $10,300 are placing traders’ sentiments in a grey area. Compared to the price action of the previous two weeks, this weekend has been relatively relaxed for Bitcoin (BTC) traders. On Saturday the price came within $10 […]
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