Bitcoin: USD/BTC (BTC=X) consolidation may end up with bullish breakout

Bitcoin: USD/BTC (BTC=X) consolidation may end up with bullish breakout

Bitcoin: USD/BTC (BTC=X) consolidation may end up with bullish breakout Bitcoin’s latest bout of consolidation may end up with bullish breakout, as a key metric of miner confidence has hit all-time highs. The top cryptocurrency by market value has clocked lower daily highs and higher daily lows over the last three days and is currently […]

Bitcoin: USD/BTC (BTC=X) price stumbles as its average transaction size and fee fall too

Bitcoin: USD/BTC (BTC=X) price stumbles as its average transaction size and fee fall too

Bitcoin: USD/BTC (BTC=X) price stumbles as its average transaction size and fee fall too Bitcoin is down about 0.3% from the previous day, putting its price at $10,341.21 US dollars at the time of this writing. The down day for Bitcoin yesterday was a reversal from the day before it. Price now stands at 1.77% […]

Bitcoin: USD/BTC (BTC=X) price breaks to $10300

Bitcoin: USD/BTC (BTC=X) price breaks to $10300

Bitcoin: USD/BTC (BTC=X) price breaks to $10300 Bitcoin (BTC) is not the king of cryptocurrencies without any reasons. Bitcoin price has finally broken through the downward wedge triangles and is now headed towards new highs. In the past twenty-four hours (24hrs) Bitcoin price has seen the high point of ten thousand four hundred and sixty-one […]

Bitcoin: USD/BTC (BTC=X) volatility reached the lowest level in over four months

Bitcoin: USD/BTC (BTC=X) volatility reached the lowest level in over four months

Bitcoin: USD/BTC (BTC=X) volatility reached the lowest level in over four months Bitcoin volatility reached the lowest level in over four months.  Bitcoin has been suffering due to relative stagnation over the past weeks, and the measure of volatility went down to its lowest in nearly four months. The 30-day volatility of the digital currency […]

Bitcoin: USD/BTC (BTC=X) to Fall Due to Triangle?

Bitcoin: USD/BTC (BTC=X) to Fall Due to Triangle?

Bitcoin: USD/BTC (BTC=X) to Fall Due to Triangle? Over the past few weeks, traders have come to the realization that Bitcoin (BTC) is trading in a clear “descending triangle” pattern. For those unaware, a descending triangle is a bearish chart pattern that is marked by lower highs and multiple bottoms at the same level, coupled with ever-decreasing […]

Bitcoin: USD/BTC (BTC=X) Addresses Increasing

Bitcoin: USD/BTC (BTC=X) Addresses Increasing

Bitcoin: USD/BTC (BTC=X) Addresses Increasing Over the past two years the number of BTC addresses has surged indicating that the asset is undergoing greater adoption. The largest gain is the number of addresses with less than a million satoshis which also suggests a more even distribution that is not just a few whales or large […]

Bitcoin: USD/BTC (BTC=X) fails to break through to $10,800 while the altcoin markets see red

Bitcoin: USD/BTC (BTC=X) fails to break through to $10,800 while the altcoin markets see red

After circling around the $10,600 support for most of yesterday, Bitcoin’s price spiked to above $10,700 but failed to breakthrough to $10,800. Bitcoin’s (BTC) price failed to break through the $10,800 area, resulting in the OG cryptocurrency plunging back below the $10,700 area while most of the major altcoin markets saw losses. Bitcoin price fails to […]

Bitcoin: USD/BTC (BTC=X) worth $1 billion just moved to an unknown wallet

Bitcoin: USD/BTC (BTC=X) worth $1 billion just moved to an unknown wallet

Over 94,000 bitcoins, currently worth over $1 billion, have just been moved to an unknown wallet; possibly associated with Bakkt. The transaction, which took place three hours ago, consolidated bitcoins from 92 different inputs from 15 addresses into just one address that now holds 94,505.8 BTC. More than half of the sent BTC (56%) came from just one address. […]

Chicago Mercantile Exchange (CME) Planning to Launch Bitcoin Options Trading

Chicago Mercantile Exchange (CME) Planning to Launch Bitcoin Options Trading

Back in December 2017 when Bitcoin was trading at its all-time high of $20,000, the Chicago Mercantile Exchange (CME) was the first to launch Bitcoin Futures contracts in the market. As per the latest news, CME plans to bring yet another Bitcoin derivatives product in the market. On Wednesday, September 4, The Block publication reported that the Chicago-based exchange plans to […]

Bitcoin: USD/BTC (BTC=X) trending higher gradually

Bitcoin: USD/BTC (BTC=X) trending higher gradually

Bitcoin posted modest gains in its September debut as the US introduced additional tariffs of 15 percent on $112 billion of Chinese goods. The benchmark cryptocurrency added 0.20 percent to trade at $9,800 in early Monday morning, bringing its local net rebound up by as much as 5.8 percent – as measured from Friday’s low of […]

Bitcoin: USD/BTC (BTC=X) price extended its decline and traded towards the $9,300 level

Bitcoin: USD/BTC (BTC=X) price extended its decline and traded towards the $9,300 level

Bitcoin: USD/BTC (BTC=X) price extended its decline and traded towards the $9,300 level Recently, we saw a bearish break below the $10,000 and $9,800 support in BTC against the US Dollar. The price even settled below the $9,760 support and the 100 hourly simple moving average. Finally, there was a break below the $9,500 support […]

Bitcoin: USD/BTC (BTC=X) Drops Below $10,000 Level

Bitcoin: USD/BTC (BTC=X) Drops Below $10,000 Level

Bitcoin: USD/BTC (BTC=X) Drops Below $10,000 Level Cryptocurrency prices slumped on Thursday in Asia, with Bitcoin down more than 5% and below the key $10,000 level. The digital coin slid more than $600 and fell from $10,200 to $9,600 in just 30 minutes, according to data compiled by Coindesk. The reason behind the movement was […]

Bitcoin: USD/BTC (BTC=X) Price Drops Sharply

Bitcoin: USD/BTC (BTC=X) Price Drops Sharply

Bitcoin: USD/BTC (BTC=X) Price Drops Sharply The price of Bitcoin (BTC) has dropped dramatically today, falling by $600 at  6:00 p.m. UTC on Aug. 28. In the course of an hour, the Bitcoin price sank from $10,269 to $9,630, but is currently attempting to stage a recovery. At press time the coin is trading at […]

Bitcoin, Bitcoin Cash, Ethereum Linked with Fentanyl Trafficking

Bitcoin, Bitcoin Cash, Ethereum Linked with Fentanyl Trafficking

$BTC, $BTCUSD Online criminals hawking lethal substances like fentanyl are demanding payments in Bitcoin, Bitcoin Cash, Ethereum and Monero, according to a new White House report. The report, intended to raise awareness about the fentanyl crisis, describes cryptocurrencies as one of the “predominant funding mechanisms associated with fentanyl trafficking.”  Cryptocurrencies apparently feature heavily in the 2 main […]

Bitcoin: USD/BTC (BTC=X) Dates To Watch

Bitcoin: USD/BTC (BTC=X) Dates To Watch

Bitcoin: USD/BTC (BTC=X) Dates To Watch Any good investor, trader, or financial analyst – be it Bitcoin, crypto, or traditional financial markets – conducts due diligence such as fundamental analysis and technical analysis before and while taking a position, to minimize risk and maximize reward. As part of this analysis, oftentimes, analysts also look for important […]

Bitcoin: USD/BTC (BTC=X) sellers are again struggling to force a sustained break

Bitcoin: USD/BTC (BTC=X) sellers are again struggling to force a sustained break

Bitcoin: USD/BTC (BTC=X) sellers are again struggling to force a sustained break Bitcoin (BTC) sellers are again struggling to force a sustained break below a widely-followed support level, but the outlook would turn bullish only above $10,956. The premier cryptocurrency by market value fell by $600 in the Asian trading hours on Wednesday, confirming a rising wedge […]

AMMB Holdings Berhad (1015:KL) Q1 net profit rises 12.6pc to RM391.46m

AMMB Holdings Berhad (1015:KL) Q1 net profit rises 12.6pc to RM391.46m

AMMB Holdings Berhad (1015:KL) Q1 net profit rises 12.6pc to RM391.46m AMMB Holdings Bhd (AmBank Group) posted a 12.6 per cent rise in net profit to RM391.46 million in the first quarter ended June 30, 2019 (Q1) from RM347.59 million in the same period a year ago. Revenue was 10.1 per cent higher at RM2.39 […]

Bitcoin: USD/BTC (BTC=X) support at $8,143.04

Bitcoin: USD/BTC (BTC=X) support at $8,143.04

Bitcoin: USD/BTC (BTC=X) support at $8,143.04 The 100 SMA is below the longer-term 200 SMA to indicate that the path of least resistance is to the downside. In other words, the selloff is more likely to gain traction from here. Price is trading below both moving averages to indicate the presence of selling pressure. The […]

Bitcoin: USD/BTC (BTC=X) risks falling back to recent lows below $9,500

Bitcoin: USD/BTC (BTC=X) risks falling back to recent lows below $9,500

Bitcoin: USD/BTC (BTC=X) risks falling back to recent lows below $9,500 Bitcoin (BTC) risks falling back to recent lows below $9,500, having strengthened the short-term bearish case with a $700 drop earlier today. The top cryptocurrency fell from $10,843 to $10,082 in the eight hours to 07:00 UTC, confirming an end of the bounce from […]

Bitcoin: USD/BTC (BTC=X) Faces Further Losses After Rejection Near $11K

Bitcoin: USD/BTC (BTC=X) Faces Further Losses After Rejection Near $11K

Bitcoin: USD/BTC (BTC=X) Faces Further Losses After Rejection Near $11K Bitcoin is losing altitude after rejection near the psychological hurdle of $11,000 earlier today, and may fall below $10,000 in the next 24 hours. The leading cryptocurrency by market value rose to a high of $10,956 at 00:03 UTC today on Bitstamp, extending its recovery […]

Bitcoin: USD/BTC (BTC=X) losing altitude after rejection near the psychological hurdle of $11,000

Bitcoin: USD/BTC (BTC=X) losing altitude after rejection near the psychological hurdle of $11,000

Bitcoin: USD/BTC (BTC=X) losing altitude after rejection near the psychological hurdle of $11,000 Bitcoin is losing altitude after rejection near the psychological hurdle of $11,000 earlier today, and may fall below $10,000 in the next 24 hours. The leading cryptocurrency by market value rose to a high of $10,956 at 00:03 UTC today on Bitstamp, […]

Gold’s Long Term Prospect Is “Up, Up, Up”

Gold’s Long Term Prospect Is “Up, Up, Up”

$GLD, $XAU, $BTC, $USD Investment guru, Mark Mobius, gave a blanket endorsement to buying gold, saying accumulating bullion will reap long-term rewards as leading central banks loosen monetary policy and the rise of cryptocurrencies serves only to reinforce demand for genuinely hard assets. “Gold’s long-term prospect is up, up and up, and the reason why […]

Bitcoin: USD/BTC (BTC=X) broke the $10,600 resistance area

Bitcoin: USD/BTC (BTC=X) broke the $10,600 resistance area

Bitcoin: USD/BTC (BTC=X) broke the $10,600 resistance area Bitcoin maintained its bullish momentum on Tuesday in Asia. Reports that a crypto exchange startup is considering raising more than $100 million in an IPO received some attention. Bitcoin and other cryptocurrency prices were supported this week by news that Bakkt, a subsidiary of the Intercontinental Exchange, was given […]

Bitcoin: USD/BTC (BTC=X) becoming more and more appealing to investors as safe haven assets

Bitcoin: USD/BTC (BTC=X) becoming more and more appealing to investors as safe haven assets

Bitcoin: USD/BTC (BTC=X) becoming more and more appealing to investors as safe haven assets As escalating trade tensions between the US and China have whipsawed markets and stoked fears of an economic recession, some investors are seeing cryptocurrencies in a new light. Bitcoin in particular has become more appealing to investors because it’s not directly exposed […]

Bitcoin: USD/BTC (BTC=X) price climbed above the $10,200 and $10,300 resistance levels to start a decent recovery

Bitcoin: USD/BTC (BTC=X) price climbed above the $10,200 and $10,300 resistance levels to start a decent recovery

Bitcoin: USD/BTC (BTC=X) price climbed above the $10,200 and $10,300 resistance levels to start a decent recovery Bitcoin is down about 1.81% from the previous day, putting its price at $10,212.66 US dollars at the time of this writing. The past 24 hours mark a reversal in price from the day prior. It should be […]

Bitcoin: USD/BTC (BTC=X) Shows Signs of Recovery

Bitcoin: USD/BTC (BTC=X) Shows Signs of Recovery

Bitcoin: USD/BTC (BTC=X) Shows Signs of Recovery Bitcoin is trading at $10,407 at press time, representing a 0.82% price increase on the day. Bitcoin has ranged from just under $10,000 to over $12,000 this month and had most recently been on a downward streak. However, after bottoming out around $9,700 today, BTC has turned around […]

Bitcoin: USD/BTC (BTC=X) price embraces five figures

Bitcoin: USD/BTC (BTC=X) price embraces five figures

Bitcoin: USD/BTC (BTC=X) price embraces five figures Data from Coin360 shows BTC/USD put in a sudden rally on Thursday, gaining more than 5% in hours and subsequently holding onto support above $10,000.  The latest break to the upside reinforced an already positive mood among traders and analysts, who earlier recommended not treating Bitcoin’s dip to […]

Bitcoin: USD/BTC (BTC=X) short term outlook remains a volatile one

Bitcoin: USD/BTC (BTC=X) short term outlook remains a volatile one

Bitcoin: USD/BTC (BTC=X) short term outlook remains a volatile one The cryptocurrency markets were flashing red again on Thursday after bitcoin (BTC), the world’s largest cryptocurrency by market capitalization, fell by more than $900 in 24 hours. On August 14, beginning at 12:00 UTC, BTC began to fall sharply from $10,862 to as low as […]

Bitcoin: USD/BTC (BTC=X) struggling to elevate itself above $11,600

Bitcoin: USD/BTC (BTC=X) struggling to elevate itself above $11,600

Bitcoin: USD/BTC (BTC=X) struggling to elevate itself above $11,600 Following months of wildly erratic volatility, which saw the world’s dominant cryptocurrency experience some of the most dramatic peaks and troughs in its ten-year history, it entered August with an apparent determination to flatline.  While treating this as welcome respite from a spell of immense unpredictability, […]

Bitcoin: USD/BTC (BTC=X) needs to break above $13,200 to revive the stalled bull market

Bitcoin: USD/BTC (BTC=X) needs to break above $13,200 to revive the stalled bull market

Bitcoin: USD/BTC (BTC=X) needs to break above $13,200 to revive the stalled bull market Bitcoin (BTC) now needs to break above $13,200 to revive the stalled bull market, a key monthly chart pattern suggests. The top cryptocurrency by market value created an “inside bar” pattern in July, with the monthly high and low of $13,200 […]

Price of Bitcoin: USD/BTC (BTC=X) has been moving in the same direction as gold since June

Price of Bitcoin: USD/BTC (BTC=X) has been moving in the same direction as gold since June

Price of Bitcoin: USD/BTC (BTC=X) has been moving in the same direction as gold since June The correlation between bitcoin and gold has increased two times recently, writes Bloomberg. This measure over the past year is 0.496, but for the last three months it has spiralled up to 0.837. (A correlation coefficient of 1 indicates […]

Bitcoin: USD/BTC (BTC=X) may take some more time to show a rally like June

Bitcoin: USD/BTC (BTC=X) may take some more time to show a rally like June

Bitcoin: USD/BTC (BTC=X) may take some more time to show a rally like June Bitcoin, since the starting of this year, has shown tremendous strength in comparison with the year 2018. Though the initial few months were sluggish, the coin started showing positive results from April onwards. Here is an analysis of Bitcoin’s major price […]

Bitcoin: USD/BTC (BTC=X) currently under pressure

Bitcoin: USD/BTC (BTC=X) currently under pressure

Bitcoin: USD/BTC (BTC=X) currently under pressure This past week, bitcoin price topped near the $12,325 level against the US Dollar. The BTC/USD pair started a strong downside correction and traded below the $11,500 support. There was a close below the $11,800 pivot level and the 100 hourly simple moving average. Finally, the price tested the […]

The ‘Buy Bitcoin: USD/BTC (BTC=X)’ Argument

The ‘Buy Bitcoin: USD/BTC (BTC=X)’ Argument

The ‘Buy Bitcoin: USD/BTC (BTC=X)’ Argument Whether you’re cheering for its demise or not, the liberal vision of the nation-state is under threat, and that’s sowing chaos. On one side, the Internet has enabled new, transnational groups with loyalties that transcend their countries’ interests. On the other, this dislocation has fostered a backlash from defenders […]

Bitcoin: USD/BTC (BTC=X) Trades Sideways

Bitcoin: USD/BTC (BTC=X) Trades Sideways

Bitcoin: USD/BTC (BTC=X) Trades Sideways It is a largely green picture across the top-20 cryptocurrencies. While Bitcoin (BTC) has remained flat overall, altcoins have enjoyed some sizeable gains, with some rising over 9% on the day Bitcoin’s price was down a fraction at press time, losing 0.61% to trade at $11,352, according to Coin360­­. BTC’s value […]

Bitcoin: USD/BTC (BTC=X) still awaits a bullish push to jump above $12,000

Bitcoin: USD/BTC (BTC=X) still awaits a bullish push to jump above $12,000

Bitcoin: USD/BTC (BTC=X) still awaits a bullish push to jump above $12,000 Bitcoin was above $12k for a few hours yesterday, and since then the coin is battling with resistance above $11,800 to surge above $12k again against U.S.Dollar.  The coin was above $11836.95 4 hours ago, and from there it steadily surged above $11951. […]

Bitcoin: USD/BTC (BTC=X) could dethrone gold as the ultimate safe-haven asset

Bitcoin: USD/BTC (BTC=X) could dethrone gold as the ultimate safe-haven asset

Bitcoin: USD/BTC (BTC=X) could dethrone gold as the ultimate safe-haven asset The price of bitcoin has broken above $12,000 (£9,870) to take its week-on-week gains above $2,000 and bring an end to a shaky time for cryptocurrency investors. Bitcoin is notoriously volatile, but the price fluctuations since June have been among the most erratic ever experienced by the world’s […]

Bitcoin: USD/BTC (BTC=X) bull run from April lows near $4,100 seems to have stalled

Bitcoin: USD/BTC (BTC=X) bull run from April lows near $4,100 seems to have stalled

Bitcoin: USD/BTC (BTC=X) bull run from April lows near $4,100 seems to have stalled Bitcoin needs to break above stiff resistance at $12,000 to unleash the next phase of the bull market, which began from lows near $4,100 on April 1. The top cryptocurrency by market value is currently trading at $11,527 on Bitstamp, having […]

Bitcoin: USD/BTC (BTC=X) Price Sees Drop After Rejection Above $12K

Bitcoin: USD/BTC (BTC=X) Price Sees Drop After Rejection Above $12K

Bitcoin: USD/BTC (BTC=X) Price Sees Drop After Rejection Above $12K The price of bitcoin’s recent rise above $12,000 was stopped short a few hours into its rally, with prices sliding by more than $1,000 over the course of the U.S. trading session that followed. Beginning 10:15 UTC and lasting until 22:15 UTC, BTC witnessed a […]

Bitcoin: USD/BTC (BTC=X) footing is getting stronger in terms of price and mainstream adoption

Bitcoin: USD/BTC (BTC=X) footing is getting stronger in terms of price and mainstream adoption

Bitcoin: USD/BTC (BTC=X) footing is getting stronger in terms of price and mainstream adoption Currently, Bitcoin price is standing around eleven thousand three hundred and one dollars ($11301) while it traded above twelve thousand ($12,000) dollars for hours. A big improvement in a few hours, considering the fact that bitcoin surpassed the ten thousand dollars […]

Bitcoin: USD/BTC (BTC=X) Hovering Under $12,000 in Recent Surge

Bitcoin: USD/BTC (BTC=X) Hovering Under $12,000 in Recent Surge

Bitcoin: USD/BTC (BTC=X) Hovering Under $12,000 in Recent Surge The number one cryptocurrency, Bitcoin (BTC), appears to have stabilized shy of $12,000 after quickly retaking $11,000 in a rally this weekend. Ether (ETH) and XRP are seeing slight gains at press time. Bitcoin is trading around $11,700 at press time, with a 3.3% gain on the day. […]

Bitcoin: USD/BTC (BTC=X) inflation rate is slowly drawing to a close

Bitcoin: USD/BTC (BTC=X) inflation rate is slowly drawing to a close

Bitcoin: USD/BTC (BTC=X) inflation rate is slowly drawing to a close Bitcoin’s inflation rate is slowly drawing to a close. Some 85 percent of the 21 million bitcoins that are programmed to come into existence have been mined, leaving just 3.15 million coins left. But while the majority of the supply has been unlocked, the remaining 15 […]

Bitcoin: USD/BTC (BTC=X) The Unstoppable Force

Bitcoin: USD/BTC (BTC=X) The Unstoppable Force

Bitcoin: USD/BTC (BTC=X) The Unstoppable Force Bitcoin and crypto are finally entering the mainstream political discourse. The launch of Facebook’s Libra lit somewhat a fire under the rear of politicians the world over, mandating them, along with other economic and social commentators, to address the issues that the Silicon Valley-backed cryptocurrency could bring. Anti-Crypto Stance If you have […]

Bitcoin: USD/BTC (BTC=X) Crypto Criminals Fall Like Dominoes Following US Regulatory Push

Bitcoin: USD/BTC (BTC=X)  Crypto Criminals Fall Like Dominoes Following US Regulatory Push

Bitcoin: USD/BTC (BTC=X) Crypto Criminals Fall Like Dominoes Following US Regulatory Push Suspicions began to arise that heavy-handed regulation from the United States might be on the way the moment crypto exchange Binance announced it would be barring US-based crypto investors from using its flagship website in favor of ushering them to a US-based platform sans many […]

Bitcoin: USD/BTC (BTC=X) forming a higher low pattern from July 24 lows

Bitcoin: USD/BTC (BTC=X) forming a higher low pattern from July 24 lows

Bitcoin: USD/BTC (BTC=X) forming a higher low pattern from July 24 lows Bitcoin Cash is the generally bearish market a nice shed of green today. Besides, BCH the other cryptos subtly in the green are Bitcoin and Monero. With a relative change of +2.57, the price is up 0.87% on Tuesday. It opened the session […]

Bitcoin: USD/BTC (BTC=X) one step away from testing $6,700 as support

Bitcoin: USD/BTC (BTC=X) one step away from testing $6,700 as support

Bitcoin: USD/BTC (BTC=X) one step away from testing $6,700 as support Bitcoin is one step away from testing $6,700 as support, according to prominent analyst DonAlt. The crypto trader on Monday measured the current bitcoin bias on a three-day timeframe, believing it gave better clarity about the cryptocurrency’s expected price behavior. He noted that bitcoin earlier […]

Bitcoin: USD/BTC (BTC=X) considered bearish in the immediate short-term

Bitcoin: USD/BTC (BTC=X) considered bearish in the immediate short-term

Bitcoin: USD/BTC (BTC=X) considered bearish in the immediate short-term BTC can be considered bearish in the immediate short-term as long as prices are trending below the 50-period MA. The cryptocurrency is now into its sixth day of consolidation below that key line and, the longer prices continue to trend at these levels, the greater the […]

Bitcoin: USD/BTC (BTC=X) price plunges towards the mid-term ascending trend line

Bitcoin: USD/BTC (BTC=X) price plunges towards the mid-term ascending trend line

Bitcoin: USD/BTC (BTC=X) price plunges towards the mid-term ascending trend line The 6% quick drop in Bitcoin’s price has made the market to record a 24-hour low of $9296 on Bitfinex after trading around the $10200 early yesterday. Meanwhile, the bear surge has now positioned the market in a squeeze, causing the market to remain […]

Bitcoin: USD/BTC (BTC=X) recorded a straight fall after rising above $10,000

Bitcoin: USD/BTC (BTC=X) recorded a straight fall after rising above $10,000

Bitcoin: USD/BTC (BTC=X) recorded a straight fall after rising above $10,000 Bitcoin price movement has a massive impact on the values of a lot of other cryptocurrencies and its sudden fall to trade below $9,500 yesterday has started a wave of slow & bearish trends in the crypto market. The performance of the BTC in this […]

Bitcoin: USD/BTC (BTC=X) recovery to above $10,000, but the outlook remains bearish with the lower-highs pattern intact

Bitcoin: USD/BTC (BTC=X) recovery to above $10,000, but the outlook remains bearish with the lower-highs pattern intact

Bitcoin: USD/BTC (BTC=X) recovery to above $10,000, but the outlook remains bearish with the lower-highs pattern intact Bitcoin is back above $10,000, but the technical charts indicate a bull revival is still $1,000 away. The premier cryptocurrency by market value is currently trading at $10,150 on Bitstamp, having hit a low of $9,514 yesterday. This […]

United States Treasury Secretary Steven Mnuchin voiced new bearish views on Bitcoin: USD/BTC (BTC=X)

United States Treasury Secretary Steven Mnuchin voiced new bearish views on Bitcoin: USD/BTC (BTC=X)

United States Treasury Secretary Steven Mnuchin voiced new bearish views on Bitcoin: USD/BTC (BTC=X) United States Treasury Secretary Steven Mnuchin voiced new bearish views on Bitcoin today, saying that he probably will not be talking about the number one cryptocurrency in as soon as five years. In an interview with “Squawk Box” CNBC on July 24, Mnuchin […]

Bitcoin: USD/BTC (BTC=X) Dominance Drops Off After Bitcoin Rally Begins to Correct

Bitcoin: USD/BTC (BTC=X) Dominance Drops Off After Bitcoin Rally Begins to Correct

Bitcoin: USD/BTC (BTC=X) Dominance Drops Off After Bitcoin Rally Begins to Correct BTC dominance has steadily grown since the massive $1,000 green candle that happened back in April, sending Bitcoin on a parabolic rally that has taken the entire world by storm. But before Bitcoin could reach a new all-time high, its parabolic rally is […]

Altcoins see more losses and fewer gains than Bitcoin: USD/BTC (BTC=X)

Altcoins see more losses and fewer gains than Bitcoin: USD/BTC (BTC=X)

Altcoins see more losses and fewer gains than Bitcoin: USD/BTC (BTC=X) Bitcoin has seen two peaks (one at $13,800, another one at $13,000) before two sharp corrections, altcoins have seen less upside movements and far more losses. While Bitcoin has reportedly lost about 2% of its value, Ethereum (ETH) has seen a 28% decrease, Litecoin […]

Bitcoin: USD/BTC (BTC=X) Dips Below $10,000 as BTC’s Bears Incur Significant Strength

Bitcoin: USD/BTC (BTC=X) Dips Below $10,000 as BTC’s Bears Incur Significant Strength

Bitcoin: USD/BTC (BTC=X) Dips Below $10,000 as BTC’s Bears Incur Significant Strength At the time of writing, Bitcoin is trading down nearly 4% at its current price of $9,950, which is down significantly from its daily highs of nearly $10,400. This bout of negative price action was first sparked last week when BTC sharply moved up to highs of […]

Bitcoin: USD/BTC (BTC=X) bearish volume divergence indicates prices could fall back to the July 17 low of $9,049

Bitcoin: USD/BTC (BTC=X) bearish volume divergence indicates prices could fall back to the July 17 low of $9,049

Bitcoin: USD/BTC (BTC=X) bearish volume divergence indicates prices could fall back to the July 17 low of $9,049 Bitcoin (BTC) fell below key support above $10,000 earlier today and could suffer a deeper drop, according to price and volume analysis. The top cryptocurrency by market value violated a trendline representing the recent four-month bull run […]

Bitcoin: USD/BTC (BTC=X) bounces off its 50-day moving average

Bitcoin: USD/BTC (BTC=X) bounces off its 50-day moving average

Bitcoin: USD/BTC (BTC=X) bounces off its 50-day moving average Bitcoin (BTC) ended its longest losing streak in seven months over the weekend, but the outlook still remains bearish. The top cryptocurrency by market capitalization eked out 10.83 percent gains in the three days to July 20, confirming a green candle on the three-day chart. The […]

Bitcoin: USD/BTC (BTC=X) could experience more pain with a possible drop below the $10,000 level

Bitcoin: USD/BTC (BTC=X) could experience more pain with a possible drop below the $10,000 level

Bitcoin: USD/BTC (BTC=X) could experience more pain with a possible drop below the $10,000 level Bitcoin’s 10 percent price surge on July 18 has put an end to its longest losing streak in 2019. However, the bulls have to remain cautiously optimistic given that it is highly likely that they will once again face the four-digit reality. A painful […]

Altseason Unlikely Until Late-2019; Bitcoin: USD/BTC (BTC=X) to Outperform

Altseason Unlikely Until Late-2019; Bitcoin: USD/BTC (BTC=X) to Outperform

Altseason Unlikely Until Late-2019; Bitcoin: USD/BTC (BTC=X) to Outperform For months now, investors on “Crypto Twitter” have been screaming for an altseason. After all, that’s where many traders made their money in 2017’s mania. According to Adaptive Fund’s Willy Woo, however, investors shouldn’t be holding their breath for altcoins to outperform. In a recent three-part thread, […]

Silver Price Surges as Bitcoin Faces Strong Selling Pressure

Silver Price Surges as Bitcoin Faces Strong Selling Pressure

Bitcoin is trading down nearly 2% at its current price of $10,400, which is down significantly from its 24-hour highs of over $11,000 that were set yesterday after the cryptocurrency sharply moved upwards before incurring a massive influx of selling pressure. In contrast, Silver has been consistently skyrocketing for the past several weeks, and is currently […]

CFTC Probing Unregulated Cryptocurrency Market

CFTC Probing Unregulated Cryptocurrency Market

$BTC, $BTCUSD The US Commodity Futures Trading Commission aka CFTC, is investigating crypto exchange BitMEX, a platform that’s become popular in Asia for letting people make big bets with big leverage. The months-long CFTC probe is focused on whether BitMEX broke rules by allowing Americans to trade on its platform, which is not registered with […]

Bitcoin: USD/BTC (BTC=X) reporting double-digit gains

Bitcoin: USD/BTC (BTC=X) reporting double-digit gains

Bitcoin: USD/BTC (BTC=X) reporting double-digit gains Bitcoin surged $1,000 in just 30 minutes during U.S. trading hours Thursday, a move that found the leading cryptocurrency rising from $9,335 to a high of $10,400, based on Bitstamp data. The sudden rally could be associated with the massive unwinding of short BTC/USD positions (profit taking) seen in 30 […]

Bitcoin: USD/BTC (BTC=X) support at $7,500

Bitcoin: USD/BTC (BTC=X) support at $7,500

Bitcoin: USD/BTC (BTC=X) support at $7,500 History is known to repeat itself in financial markets and the bitcoin market is no exception. The top cryptocurrency now appear to have bottomed out in December 2018 – i.e. a year and a half ahead of the mining reward halving due in May 2020 (reminding the crypto community […]

Bitcoin: USD/BTC (BTC=X) Down 26.6% in 7 Days

Bitcoin: USD/BTC (BTC=X) Down 26.6% in 7 Days

Bitcoin: USD/BTC (BTC=X) Down 26.6% in 7 Days Since July 10, the price of Bitcoin (BTC) has fallen from $13,200 to $9,684, with major cryptocurrency exchanges, including Coinbase, recording a 26.6% drop within a period of seven days. The recent pullback of Bitcoin is widely believed to be a technical factor that was pushed by sellers who […]

Lawmakers Grill Facebook Execs, Bitcoin (BTC) Dives

Lawmakers Grill Facebook Execs, Bitcoin (BTC) Dives

$BTC, $BTCUSD, $FB FLASH: The cryptocurrency market got hammered Tuesday with Bitcoin losing over 10% in value after US lawmakers grilled Facebook (FB) on its cryptocurrency plans, as political and regulatory scrutiny of digital coins intensifies. Facebook is fighting to get Washington onside after it shocked regulators and lawmakers with its announcement on 18 June […]

“Bitcoin is fun, but it is a lot more fun at 100X leverage”

“Bitcoin is fun, but it is a lot more fun at 100X leverage”

$BTC, $BTCUSD, $FB FLASH: Bitcoin (BTC) was on life support 6 months ago, with prices at about 20% of their record highs, disappointing the world of cryptocurrency enthusiasts who had grown use to extreme moves North and South in the virtual currency. Then last week’s Asia Blockchain Summit in Taipei highlighted how volatility is back, […]

President Trump on Crypto’s and Big Tech

President Trump on Crypto’s and Big Tech

$BTC, $BTCUSD, $FB, $GOOGL, $TWTR President Trump has criticized Bitcoin, Facebook’s proposed Libra digital coin and other cryptocurrencies and demanded that companies seek a banking charter and make themselves subject to US and global regulations if they wanted to “become a bank.” “I am not a fan of Bitcoin and other Cryptocurrencies, which are not […]

Bitcoin: USD/BTC (BTC=X) price indicator is about to turn bullish

Bitcoin: USD/BTC (BTC=X) price indicator is about to turn bullish

Bitcoin: USD/BTC (BTC=X) price indicator is about to turn bullish A bitcoin price indicator is about to turn bullish for the first time since the early stages of the 2016-17 bull market. The 50-candle moving average (MA) on bitcoin’s three-day chart is in a solid upward trajectory and looks set to cross above the 200-candle […]

Bitcoin: USD/BTC (BTC=X) declined sharply, losing close to 8% in less than two hours

Bitcoin: USD/BTC (BTC=X) declined sharply, losing close to 8% in less than two hours

Bitcoin: USD/BTC (BTC=X) declined sharply, losing close to 8% in less than two hours Bitcoin declined sharply today, losing close to 8% in less than two hours. The world’s most prominent cryptocurrency fell to as little as $12,138.37 shortly after 11:00 EDT, a roughly 7.9% drop from its intra-day high of $13,175.69 reached at roughly 09:30 EDT, CoinDesk data shows. […]

Fed Calls for Halt of Facebook’s Libra Token

Fed Calls for Halt of Facebook’s Libra Token

$FB, $BTC, $BTCUSD FLASH: Fed Chairman’s comments on Libra hammers Bitcoin price Wednesday, Fed Chairman Powell said that Facebook’s (NASDAQ:FB) plan to build a digital currency called Libra “cannot go forward” until serious concerns are addressed, comments that pressured the project and hammered the price of Bitcoin (BTC). The strong comments from the most powerful […]

Bitcoin (BTC) Rally Up, Rally Down, Wild Market Volatility is the Norm

Bitcoin (BTC) Rally Up, Rally Down, Wild Market Volatility is the Norm

$BTC, $BTCUSD FLASH: Bitcoin (BTC) Not a Game for Casual Players Financial markets experts agree that fast run-up in prices is a bubble. And the Big Q is always when/not if, its price will crash, and the effect of a crash?  The Financial Stability Oversight Commission recently came out with a report listing challenges to financial stability, […]

Bitcoin: USD/BTC (BTC=X) violation of recent bearish lower highs with a move above $12,061 has opened the doors for a retest of $13,880

Bitcoin: USD/BTC (BTC=X) violation of recent bearish lower highs with a move above $12,061 has opened the doors for a retest of $13,880

Bitcoin: USD/BTC (BTC=X) violation of recent bearish lower highs with a move above $12,061 has opened the doors for a retest of $13,880 Bitcoin’s break above a key price hurdle looks to have set the tone for a retest of recent highs above $13,800. The top cryptocurrency bu market cap printed a UTC close above […]

Bitcoin: USD/BTC (BTC=X) Shorters Lose $44 Million in One Morning

Bitcoin: USD/BTC (BTC=X) Shorters Lose $44 Million in One Morning

Bitcoin: USD/BTC (BTC=X) Shorters Lose $44 Million in One Morning Bitcoin price (BTC) reached $12,000 on some exchanges on July 8 after a fresh uptick saw daily gains top another 6%.  Data showed BTC/USD just hit its latest significant psychological level in trading at press time, having begun the day below $11,500.  On major exchanges, USD spreads […]

Bitcoin: USD/BTC (BTC=X) Needs to Break $11,600

Bitcoin: USD/BTC (BTC=X) Needs to Break $11,600

Bitcoin: USD/BTC (BTC=X) Needs to Break $11,600 Even since Bitcoin (BTC) hit $13,800 to then retrace by $4,000, the cryptocurrency market has slowed. Don’t get me wrong, volatility is still rife in this market, but BTC’s range is starting to tighten. As of the time of writing this, Bitcoin sits at $11,200, down around 2% in the […]

Bitcoin: USD/BTC (BTC=X) Institutional Investors Are Officially Entering the Cryptocurrency Market

Bitcoin: USD/BTC (BTC=X) Institutional Investors Are Officially Entering the Cryptocurrency Market

Bitcoin: USD/BTC (BTC=X) Institutional Investors Are Officially Entering the Cryptocurrency Market Now that institutional investors are buying up Bitcoin, what will it mean for the cryptocurrency market? Much of the early draw to cryptocurrencies was the high “crypto” appeal. No governments back cryptocurrencies. Cryptocurrencies aren’t standardised against any material commodity. Institutional investors like banks and […]

Bitcoin Jumped Back Above $11,000

Bitcoin Jumped Back Above $11,000

$BTCUSD, $BTC FLASH: Bitcoin spiked Wednesday in a 2nd day of gainser, prompting speculation that the recent correction may have run its course. Bitcoin jumped 6.75% to $11,272.4 on the Investing.com Index by 12:38 PM EDT (16:38 GMT). Currently, Bitcoin is trading at: 11,241.9805+85.39 (+0.7654%),as of 3:12a BST, the market is open. The typically volatile […]

Bitcoin: USD/BTC (BTC=X) plunged Tuesday below $10,000, cratering from a 17-month high hit just four sessions ago

Bitcoin: USD/BTC (BTC=X) plunged Tuesday below $10,000, cratering from a 17-month high hit just four sessions ago

Bitcoin: USD/BTC (BTC=X) plunged Tuesday below $10,000, cratering from a 17-month high hit just four sessions ago The world’s most widely traded cryptocurrency dropped to a low of about $9,676 on Tuesday, a roughly $3,800 drop from its highs on Wednesday, according to Coindesk. Bitcoin started its free fall on Thursday, plunging nearly $3,000 as […]

Bitcoin (BTC) Price Collapses

Bitcoin (BTC) Price Collapses

$BTCUSD Bitcoin (BTC) down as much as 9% Tuesday, falling below the $10,000 mark and pushing losses to over 30% since the largest cryptocurrency hit an 18-month-high last week. In volatile trading, bitcoin recovered some of that ground by early afternoon to trade down 6% at $9,953. Wednesday, last week, it tapped $13,880, its highest […]

Bitcoin: USD/BTC (BTC=X) Briefly Drops Below $10,000, But Altcoins Hold Strong Against BTC

Bitcoin: USD/BTC (BTC=X) Briefly Drops Below $10,000, But Altcoins Hold Strong Against BTC

Bitcoin: USD/BTC (BTC=X) Briefly Drops Below $10,000, But Altcoins Hold Strong Against BTC At the time of writing, Bitcoin is trading down nearly 8% at its current price of $10,300, but is up slightly from its daily lows, as its price briefly dipped into the upper-$9,000 region before quickly being pushed higher. While zooming out and looking at BTC […]

Bitcoin: USD/BTC (BTC=X) Plummets Below $11,000… Again…

Bitcoin: USD/BTC (BTC=X) Plummets Below $11,000… Again…

Bitcoin: USD/BTC (BTC=X) Plummets Below $11,000… Again… At the time of writing, Bitcoin is trading down nearly 8% at its current price of $10,960, which is down significantly from its daily highs of $12,200 that were set yesterday. While looking at Bitcoin’s weekly price action, it is clear that BTC is once again nearing a region of historical support that must […]

Bitcoin’s (BTC) Key Technicals: Support and Resistance

Bitcoin’s (BTC) Key Technicals: Support and Resistance

$BTCUSD Currently, Bitcoin is trading at 11,010.7998, +241.61 (+2.2435%), as of 7:07a BST, the market open. Bitcoin fell by 3.38% Saturday. Partially reversing a 10.18% rally from Friday, Bitcoin ended the day at $11,920. A particularly Bearish start to the day Saturday saw Bitcoin slide from an intra-day high $12,338 to an early morning intra-day […]

Bitcoin (BTC) Is Closing Out Its Best Quarter Since the “Bubble’s Burst”

Bitcoin (BTC) Is Closing Out Its Best Quarter Since the “Bubble’s Burst”

$BTCUSD, $FB, $JPM, $V, $UBER Bitcoin (BTC) jumped Friday, and is set to mark the best Quarterly rally since the height of Y 2017’s cryptocurrency bubble with another push higher following a week of extreme price volatility. Bitcoin, the largest cryptocurrency, rose $1,408, or 13%, to $12,094 in New York trading, and it has has […]

Is Craig Wright Really Satoshi Nakamoto?

Is Craig Wright Really Satoshi Nakamoto?

$BTCUSD The Australian scientist who claims he created Bitcoin (BTC), said at a federal court hearing in West Palm Beach, Florida, that he cannot comply with an order to produce a list of all his early Bitcoin addresses, and may not even be ever able to access the coins. Craig Wright is defending himself against […]

Bitcoin: USD/BTC (BTC=X) Plummets 23% From Daily Highs

Bitcoin: USD/BTC (BTC=X) Plummets 23% From Daily Highs

Bitcoin: USD/BTC (BTC=X) Plummets 23% From Daily Highs After incurring a massive influx of buying pressure that sent Bitcoin (BTC) to nearly $14,000 yesterday, the cryptocurrency has plummeted lower and is now struggling to find support in the upper-$10,000 region. This massive volatility has led many investors to question whether or not $13,800 was a […]

The Recent Rise and Fall of Cryptocurrencies

The Recent Rise and Fall of Cryptocurrencies

$BTC,$BTCUSD Bitcoin’s (BTC) rise was meteoric this week and its decline has been just as swift. The speculation frenzy over Bitcoin pushed its price to nearly $14,000 Wednesday, its highest mark since January 2018. Bitcoin, the largest digital asset reversed after a prominent cryptocurrency exchange reported an outage Wednesday. The retreat accelerated Thursday and put […]

Coinbase Hit With Outage As Bitcoin Price Bitcoin: USD/BTC (BTC=X) Drops

Coinbase Hit With Outage As Bitcoin Price Bitcoin: USD/BTC (BTC=X) Drops

Coinbase Hit With Outage As Bitcoin Price Bitcoin: USD/BTC (BTC=X) Drops Crypto exchange Coinbase experienced a brief outage Wednesday afternoon, with both its website and API rendered temporarily inaccessible, as the price of bitcoin dropped more than $1,700 in the span of 15 minutes. According to Coinbase’s status page, the exchange reported major outages across […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $XAU, $SLV, $USD,$USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Down, USD Up, Crude Oil Up, Stocks Up Notes: Investors and Traders await the meeting between Presidents Trump and Xi later this week for signs of a de-escalation in the trade dispute. The 2 world leaders will meet at the G-20 Summit in Japan. Just in from […]

Bitcoin (BTC) Surges, is this Another ‘Climax’ Run?

Bitcoin (BTC) Surges, is this Another ‘Climax’ Run?

$BTC, $BTCUSD, $FB Bitcoin (BTC) prices and related cryptocurrencies and stocks ran up again Wednesday, continuing a strong rebound that has intensified with last week’s Facebook (NASDAQ:FB) announcement that it is entering the crypto space. Prices have surged roughly 40% since Friday, with the digital currency now flashing signs of a possible ‘climax‘ run. The last time […]

Bitcoin: USD/BTC (BTC=X) new target along the $12,0000 psychological price tag

Bitcoin: USD/BTC (BTC=X) new target along the $12,0000 psychological price tag

Bitcoin: USD/BTC (BTC=X) new target along the $12,0000 psychological price tag Bitcoin has done it again, hitting a new 2019 high above $12,000 before retracing slightly. At 21:00 UTC on June 25, the world’s largest cryptocurrency by market capitalization broke from sideways trading after being held beneath $11,400 for over 11 hours. However, perhaps most […]

Will Bitcoin: USD/BTC (BTC=X) keep rising?

Will Bitcoin: USD/BTC (BTC=X) keep rising?

Will Bitcoin: USD/BTC (BTC=X) keep rising? BITCOIN (BTC) has today surged above $11,000 (£8,631), hitting its highest level since March last year. So what has triggered the bitcoin price boom? Bitcoin prices have more than tripled since the start of the year, rising sharply amid strong sentiment and bullish momentum. The flagship cryptocurrency is currently valued […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $XAU, $SLV, $USD, $BTC, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Up, USD Down, Crude Oil Off, Stocks Down “The Stars look to be aligning for the Gold market, Gold could rise as high as $1,500 by the end of the year”– PE The Big Q: Why? The Big A: If gold remains above previous highs […]

Bitcoin, Ethereum, XRP, and Litecoin Spiked, Why?

Bitcoin, Ethereum, XRP, and Litecoin Spiked, Why?

$BTC, $FB FLASH: Bitcoin, ethereum, Ripple’s XRP, and litecoin spiked at the weekend, with the largest cryptocurrency by market capitalization, Bitcoin, eclipsing the $10,000 psych mark to highs of $11,200 on the Luxembourg-based Bitstamp exchange. Currently, Bitcoin is trading at: 11,029.28+173.29 (+1.60%)As of 6:07p BST. the market is open. Ethereum, Ripple’s XRP, and litecoin all […]

Bitcoin: USD/BTC (BTC=X) Fresh 2019 Highs

Bitcoin: USD/BTC (BTC=X) Fresh 2019 Highs

Bitcoin: USD/BTC (BTC=X) Fresh 2019 Highs Bitcoin has broken yet another 2019 record, reaching as high as $11,304, before conceding a short-term period of profit taking. The move to another 2019 high comes after bitcoin’s price dropped to as low as $10,416 on June 23 before another surge of buying pressure pushed prices back above $10,750 […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $XAU, $SLV, $USD, $BTC, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Up, USD Down, Crude Oil Firm, Stocks Up Notes: Investors are awaiting an expected meeting between Presidents Trump and Xi later this week for any signs of a de-escalation in a trade dispute. The 2 world leaders will meet on the sidelines of the G-20 […]

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