Bitcoin’s recent price appreciations continued in the past 24 hours, and the asset touched and briefly exceeded $48,000 for the first time in months. The past several days were highly positive for the primary cryptocurrency as the bulls kept a stronghold on the market. After a few days of consolidation, bitcoin went on the offensive […]
It’s safe to say that the primary cryptocurrency has seen better days. BTC started to dump in value rapidly and dropped to a six-month low of $38,250, as reported yesterday. As bitcoin attempted its recovery and touched $39,000, the bulls took another major hit. The S&P 500, the Dow Jones Industrial Average, and the Nasdaq […]
The risk in the near term appears to be high, but this might also be a good long-term buying opportunity. The price is currently testing the 50-day MA, which is a key level to hold on the daily chart. It is critical for the bulls to protect $53K as this level determines the larger technical […]
It is worth noting, though, that many reports continue to indicate that employing cash is still the most used payment method in criminal operations such as drug trafficking, for example. In September this year, he alleged the Czech Republic-based trading venue – Suex – of facilitating several illegal ransomware transactions. At the end of 2020, […]
The situation in the crypto market worsened in the past 24 hours as bitcoin dropped below $60,000 for the first time since late October. Precisely a week ago – on November 10th – the primary cryptocurrency was riding high and reached a new record of $69,000. Instead of challenging $70,000, the asset reversed its trajectory […]
One of the largest BTC whales has bought more than 200 coins at $62,000 shortly after selling 1,500 bitcoins at $67,500. …Read the full story
The bulls need to see BTC makes a weekly close above $64.8k for the first step in breakout confirmation. Technicals will turn very bullish if BTC can make a weekly close above $64.8k, flip $64.8k as support, and follow-through higher. Dan is a cryptocurrency technician and on-chain analyst with 11 years of experience in equity […]
After crunching the numbers, Bloomberg Opinion’s John Authers found that Bitcoin has achieved 99.996% deflation over the past 10 years. Just days ago, Bitcoin surged to a new all-time following the release of US inflation numbers for October. The association is unsurprising: while the US M2 money supply has increased by nearly 40% in the […]
While SegWit and the Lightning Network focus on making transactions faster and cheaper, Taproot brings a lot more than just improving scalability and reducing fees. Taproot brings Schnorr Signatures to reduce some of the burdens on the network while enhancing simplicity, efficiency, and security. Additionally, Taproot aims to improve Bitcoin’s scripting language through the concept […]
Following the past few days of enhanced volatility, bitcoin has calmed around $64,000. Last week was going quite well for the primary cryptocurrency as it had recovered from its dip to $60,000 and went on to chart new records. Since then, BTC has recovered some ground and touched $65,000 a few hours ago. Solana, Dogecoin, […]
The bears continued to push bitcoin south in the past 24 hours, and the asset dropped to a weekly low of just over $62,000. In just a matter of hours, BTC lost more than $6,000 of value to an intraday bottom of $63,000. This time, the cryptocurrency fell to $62,300 , which was the lowest […]
In its “October 2021 Market Recap & Outlook,” the veteran platform – Kraken – explained its bullish prediction with past events. Kraken also outlined the advancements in the cryptocurrency space throughout the last few months, especially those involving bitcoin. Institutional fund flows to Bitcoin during the last month saw an uptick as well. Kraken gave […]
After yesterday’s enhanced volatility, bitcoin remained calm around $65,000 but has headed south once more. The past several days were going well for the primary cryptocurrency, which spiked from $60,000 to $66,000 on November 8th. Bitcoin actually registered two consecutive all-time highs, with the latest coming at $69,000 on November 10th. After causing mass pain […]
Despite its ups and downs throughout the year, bitcoin has more than doubled its value in the past eleven months. In a recent interview with DealBook’s Andrew Ross Sorkin, he opined that bitcoin is too harmful to the environment, has low transaction speed, and is vulnerable to fraud activities. The billionaire investor and owner of […]
Crypto’s technological and economic implications are what interest him most, and he has one eye turned to the market whenever he’s not sleeping. …Read the full story
Crypto’s technological and economic implications are what interest him most, and he has one eye turned to the market whenever he’s not sleeping. …Read the full story
Bitcoin is up 7.6% in the past seven days, but it charted 6% gains in the past 24 hours alone in a very formidable push. The BTC price managed to set a few 4-hour closes above $64.8K, which is definitely a positive signal, but we do need to see the daily close above it so […]
Bitcoin ETFs have been a smash hit this year, especially since the launch of the first futures one in the United States last month. The appetite for Bitcoin and other cryptocurrencies is growing at an unprecedented rate. If approved, the investment vehicle would be the first-of-its-kind to be rolled out by a Spanish bank. While […]
