Activity in the Bitcoin options market shows BTC has a 9% chance of reaching $20,000 by the end of 2020. The Bitcoin (BTC) options market, which is mostly dominated by Deribit and CME, gives a 9% chance for BTC to rise to it’s all-time high at $20,000 by the end of 2020. Given the tendency […]
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Bitcoin price plunged 31% the last time the U.S. imposed tariffs on China. Will this time be any different? The trade war between the United States and China began in January 2018. When tariffs were imposed on Chinese goods in July of the same year, the price of Bitcoin (BTC) plunged 31% from $8,487 to […]
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An international campaign calling on credit card companies to block payments to porn sites could lead to a huge wave of new cryptocurrency adopters. According to a BBC report on May 8, a group of international campaigners and campaign groups has written to ten major credit card companies calling for the immediate suspension of payments […]
Continue ReadingBitcoin price has recovered from its weekend losses back above $9,000 as the U.S. government seeks another $3 trillion in an attempt to revive the economy. On May 5, Bitcoin (BTC) price recovered a significant portion of its losses from Sunday’s weekly close correction and data from Cointelegraph Markets and CoinMarketCap shows that within the […]
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YouTube’s algorithm may be to blame for the platform recently deleting crypto-related content, but content creators are left to speculate. On March 16, YouTube released a statement warning its creator community that video removals may increase during the coronavirus pandemic. The popular video-sharing platform said that its system currently relies on a combination of people […]
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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Bitcoin price continues to flash bearish signals but Ether’s bullish trend may prevent a BTC downtrend. Ether price has rallied 114% since March 13 and the altcoin could be on the verge of rallying higher. Increased activity on the Ethereum blockchain and the approaching ETH 2.0 launch appear to be bolstering Ether price and these […]
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Bitcoin price surged within a few dollars reach of $7,300 before cooling off near the $7,100 support, meaning traders will be keeping a close eye on today’s weekly close. On Saturday Bitcoin (BTC) price punched a hole through the $7,200 resistance, rallying all the way to $7,293 to briefly escape the resistance cluster the price […]
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Most major cryptocurrencies appear ready to start new uptrends after recently bouncing off strong support levels. Binance chief executive officer Changpeng Zhao said that trading activity across major crypto exchanges had increased between 3 to 5 times. This is a bullish sign as it “means there are a lot more people coming into the industry.” […]
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The trading range of most major cryptocurrencies has tightened, meaning a sharp directional move could occur within the next few days. Lately, a great deal of attention has been focused on the correlation between Bitcoin and the S&P 500, meaning crypto traders need to keep track of the fundamentals of the equity markets. Global markets […]
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