A basket of bearish signals suggests further problems for BTC/USD, but a higher CME futures gap is among the causes for hope this week. Bitcoin (BTC) faces a challenging week as $9,000 support fades and uncertainty increases after the halving — what should you look out for in the coming days? Cointelegraph’s weekly summary takes […]
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If Bitcoin remains in an uptrend, these altcoins are likely to outperform the other major cryptocurrencies this week. The institutional interest in Bitcoin (BTC) has increased in the past few months, according to data from Grayscale Bitcoin Trust. If the trend continues at the same pace, by March 2021, GBTC would have purchased 75% of […]
Continue ReadingA sideways week for Bitcoin will not come as a surprise but BTC is still poised for a big move soon as it hobbles inside a tightening range. Last week, Bitcoin (BTC) looked poised for a huge move up to $11,000. Instead, we saw a sidewards week of price action coupled with a small pullback. […]
Continue ReadingBitcoin price needs to secure a weekly close above $9,300 to avoid dropping below the ascending channel to revisit lows below $8,800. As the weekly close approaches Bitcoin (BTC) price made a quick move toward $9,300 after spending the past 48-hours struggling to hold above $9,200. Traders would like to see the top-ranked asset on […]
Continue ReadingMiners need traditional financial products in order to hedge against the risk of increasing hash rate and difficulty. Bitcoin (BTC) mining has become a multibillion-dollar industry. Pools, manufacturers and farms contribute to the growth and professionalization of the space. Financial service companies bring institutional-grade products and capital that increases liquidity for the biggest operators. There’s […]
Continue ReadingBitcoin price looks shaky after dropping below $9.3K support but still remains in a general uptrend since March even if another pullback occurs. The price of Bitcoin (BTC), the top-ranked cryptocurrency by market capitalization, has seen a spike towards $10,500 before the halving took place on May 11. However, the price of Bitcoin has been […]
Continue ReadingThe launch of support for OmiseGo sees an 80% trading premium, a sudden price breakout and renewed accusations of insider trading. Controversy has returned to cryptocurrency exchange Coinbase after an altcoin it listed surged 200% in 15 minutes — only to crash immediately afterward. Currently a topic of interest on social media, Coinbase’s listing of […]
Continue ReadingBitcoin’s recovery to $10,000 is currently hindered by resistance at the 20-MA and with a holiday weekend coming up traders brace for volatility. Since dropping below the ascending channel trendline to $8,815 on May 21, Bitcoin (BTC) price has recovered 4.78%. BTC/USD continues to meet resistance at the 20-day moving average, obstructing traders’ desire to […]
Continue ReadingA few major cryptocurrencies are in an uptrend and they could offer buying opportunities in the short-term. For some reason, Bitcoin (BTC) analysts never take the middle path. They either project that the price will go to the moon or warn of imminent doom. After surviving and thriving for over a decade and being one […]
Continue ReadingA blockchain game adopts a play-to-earn model that lets users receive fiat for virtual property transactions. As the world discovers more ways to implement blockchain technology, the billion-dollar gaming industry is leveraging the technology to bring transparency, trust and ownership of digital assets to players. A new vision for blockchain games is emerging — one […]
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