From stocks and oil to money printing and Bitcoin’s top fundamentals, traders have a lot to consider as the third halving event nears. Bitcoin (BTC) has consolidated gains nearer $8,000 — but does the coming week have in store for the asset leaving stocks in the dust? After jumping 10% in a day last week, […]
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After rallying 207% since Black Thursday, Tezos pulled back 5.69% but is the rally to a new all-time high over? Since dropping to a 2020 low at $0.93 on March 12, Tezos (XTZ) had been absolutely on fire, gaining 207% and within close distance of its all-time high at $3.96. For investors, the only question […]
Continue ReadingBitcoin price is looking like it’s on the verge of a breakout according to several indicators on multiple timeframes as the MACD is about to cross bullish. Bitcoin (BTC) price continues to grow week in and week out, as another 9% has been added to its value since last Sunday. However, with the block reward […]
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After surging to $7,700, Bitcoin price trades sideways but traders expect a riveting weekly close. Today Bitcoin (BTC) price briefly popped above $7,700, suggesting the reminder of the weekend, along with the weekly close will provide higher than normal levels of excitement. The move to $7,708 was short lived but nearly set a higher high […]
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Total futures trading volume skyrocketed during the first quarter of 2020 in comparison to 2019 data. A study by TokenInsight indicates that the total futures trading volume in the crypto industry reached over $2.1 trillion in Q1 2020. This is an increase of 314% from the 2019 Q4 average. According to the “2020 Q1 Cryptocurrency […]
Continue ReadingBitcoin is close to breaking out of its overhead resistance. This has resulted in strong price action in some altcoins, which suggests that the investor sentiment is bullish. The total crypto market capitalization has bounced from just below $200 billion on April 22 to over $214 billion at press time. This is a positive sign […]
Continue ReadingBinance recently broke the 1,000 employee mark, showing tremendous growth since its ICO. Major crypto exchange, Binance, now has over 1,000 employees, showing tremendous company growth since its 2017 start. “When Binance first started in 2017, there were under 50 people,” Binance co-founder, Yi He, told Cointelegraph on April 23. “We have more than 1,000 […]
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Bitcoin is now trading at twice the price it reached during the March crash, having added 10% in one day and left stocks in the dust. Bitcoin (BTC) tested support at $7,500 on April 24 after a surprise surge saw the cryptocurrency beat out resistance and reliance on stocks. Cryptocurrency market daily overview. Source: Coin360 […]
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Bitcoin price finally set a higher high, leading traders focus on $8,000 as the next hurdle to overcome. After trading in the $6,900 to $7,250 range for more than 19 days, Bitcoin (BTC) price finally managed to pierce the $7,250 resistance in a high volume surge which resulted in the liquidation of nearly $70 million […]
Continue ReadingAfter several months of halving chatter and anticipation, does Bitcoin’s price already reflect the event? Block halvings only occur every four years. Bitcoin’s third halving is set to take place in May 2020, but is the event already priced in? Twitter personality, The Crypto Dog, recently asked the community to weigh in. “Do you think […]
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