Bulls need to flip the $9,200-$9,500 resistance zone to support in order to clear a path back to $10,000. Bitcoin (BTC) price showed a bit of strength by briefly pushing to $9,235 as the daily close occurred but at the time of writing the top-ranked digital asset on CoinMarketCap is trading below the $9,200 resistance. […]
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Analyst Justinas Baltrusaitis says Bitcoin’s return on investment from 2015 to 2020 puts the digital asset ahead of many traditional markets. Bitcoin had a nearly 3,500% return on investment since 2015, 70 times that of five traditional stock markets. According to a June 29 article at investor website Buy Shares, data analyst Justinas Baltrusaitis says […]
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Ethereum’s implied volatility dropped below Bitcoin’s for the first time ever, but is this a bullish or bearish development? Ether (ETH) options implied volatility, a measure of the expected price swings as per the options markets premium, has dropped below Bitcoin’s (BTC) for the first time ever. This could signal that investors have given up […]
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Speed, reliability and availability are the cornerstones of modern finance, and DeFi has the potential to enhance and even supplant traditional finance. When blockchain technology began to expand beyond Bitcoin (BTC) and into more general-purpose applications, many within the industry saw an opportunity to remake key financial infrastructure using this technology. They soon came to […]
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Researchers behind the June 2020 report from the Crypto Research Report used Bitcoin’s target addressable market to predict a rise to $397K. A new report from a crypto research group suggests that the price of Bitcoin could approach $400,000 in the next ten years, with altcoins following its bullish example. According to the June 2020 […]
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A mixed bag of metrics and influences is testing Bitcoin’s resolve this week, with trajectory undecided as $9,000 wavers. Bitcoin (BTC) begins a new week in uncertain times after regaining $9,000, but where is BTC/USD headed in the coming days? Cointelegraph Markets highlights five factors driving Bitcoin price action for the week ahead. Stocks optimism […]
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Bitcoin price continues to consolidate near a key support but a close above $9,400 is needed to avoid a sharper correction. Over the weekend Bitcoin price (BTC) dropped below $9,000 for the second time in 7 days but the weekly close was relatively uneventful. As covered by Cointelegraph, buyers quickly stepped in to buy the […]
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HODLing Bitcoin may pay off eventually, but it means one’s money isn’t working for them now, says Andreas Antonopoulos. Bitcoin educator Andreas Antonopoulos says there are risks behind any current method of earning steady income with one’s Bitcoin holdings, but DeFi offers one of the few ways to do so without “giving your money to […]
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On-chain analyst Willy Woo published a new Bitcoin price model showing a new BTC bull run could begin in 30 days. Earlier this week on-chain analyst Willy Woo released a new price model for Bitcoin (BTC). The model identifies the start of exponential Bitcoin bull runs based on historical data. According to the model, Bitcoin […]
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Altcoins corrected as Bitcoin price dropped below $9,000, but traders buying the BTC dip could provide room for altcoins to recover. Coronavirus cases across the globe topped 10 million today and the number of new cases in the U.S. has risen to new records in the past few days. This has put the economic revival […]
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