The cryptocurrency market’s recent bout of sideways trading was met with a bullish resolution overnight when bulls were able to propel Bitcoin (BTC) through the heavy resistance it was previously facing at $8,900, with its break above this level allowing most other cryptos to also climb higher.Traders are now widely anticipating the cryptocurrency to see…
The price of bitcoin has risen sharply and several exchanges have been overloaded after India's Supreme Court overturned a ban on cryptocurrency trading. The ruling quashed an April 2018 order by the country's central bank that prohibited banks and financial institutions from providing "any service in relation to virtual currencies". Bitcoin's value rose by around 5…
Crypto markets are in the green today with leading digital currency Bitcoin gaining around 4 percent over the last 24 hours. The reason behind the sudden pump after a lull in the markets appears to be news out of South Korea.Earlier today, lawmakers made amendments to the nation’s financial regulations regarding crypto. Many publications, crypto…
Litecoin may be the silver to Bitcoin’s digital gold, but oftentimes, it’s the seventh-ranked crypto asset by market cap that leads the cryptocurrency market.According to one analyst, Litecoin “may have bottomed” out and “new highs” are inbound for the altcoin. The analyst also says that this means that Bitcoin and the rest of the altcoin…
The coronavirus is currently the talk of the entire world, causing widespread fears over the possibility of a global pandemic, a continued selloff across Bitcoin and the stock market, and it potentially being a black swan event that triggers the next recession.But as fears continue and the virus spreads, the World Health Organization has just…
Bitcoin was the first-ever cryptocurrency to be created, and the leader of the entire crypto market.So then why is the most powerful crypto company CEO so skeptical of the asset’s future?Bitcoin Tech Showing Signs of Age, Altcoin Attributes ShineBitcoin was first designed in 2008 by the mysterious, pseudonymous Satoshi Nakamoto.The disruptive, decentralized cryptocurrency was the…
Bitcoin is slowly gaining bullish momentum above $8,800 against the US Dollar. BTC price must settle above the $9,000 barrier to start a convincing rally towards $9,500.Bitcoin is showing positive signs above the $8,800 resistance area against the US Dollar.The price remains well supported on dips near the $8,840 and $8,780 levels.There is a major…
The incoming Governor of the Bank of England has once again said that Bitcoin buyers should be prepared to lose everything they invest. Andrew Bailey, formerly the chair of the FCA, says that the digital asset lacks “intrinsic value”.Bailey has expressed very similar sentiment previously. In fact, the last time he did was three days…
The Chainlink’s crypto token hit a new record on Wednesday even as its top rivals continued to underperform amidst a gloomy market outlook.Dubbed as LINK, the eleventh-largest cryptocurrency climbed 27 percent this week to establish an all-time high of $4.92. It performed similarly well against bitcoin, rising by more than 22 percent to 55,683 sats…
Bitcoin stands to gain as ordinary people begin to realize the global financial system is on life support.Signs of trouble stirred yesterday as the Federal Reserve cut rates by 50 basis points. Following this, President Trump then goes to the extreme by calling for further cuts.President Trump called for further rate cuts after the Federal…