There’s no doubt Bitcoin investors across the board are worried right; after Wednesday’s 10% flash crash that took BTC from $10,300 to $9,250, cryptocurrency sentiment shared on social media has been relatively muted, with some sharing their opinion that Bitcoin could be subject to a bear trend.Despite this, a key chart, which depicts BTC holding…
It’s happened: Bitcoin and cryptocurrency got their own segment, albeit brief, on The Simpsons — one of television’s most popular shows. Ever.So what exactly happened during that segment? And more importantly, how is the industry responding to it?The Simpsons Airs Short Segment About Bitcoin To create hype for the episode (S31, E13) of The Simpsons being…
Bitcoin found a strong support near $9,330 and started a fresh increase against the US Dollar. However, BTC must settle above the 100 SMA (4-hours) for a sustained upward move.After trading to a new weekly low at $9,336, bitcoin price started a fresh increase above $9,500.The price is now trading nicely above the $9,600 and…
Over the past 30 minutes, the crypto market has mounted a surprise recovery: Bitcoin, after flatlining around $9,650 for some 36 hours, surged higher just this hour, reaching as high as $9,945 just minutes ago as of the time of this article’s writing.This rapid 2% gain from $9,700 liquidated a mere $15 million worth of…
Another week, another round of Crypto Tidbits. Wow, the past seven days have been quite the trip for Bitcoin, to say the least. After peaking at $10,500 last week, the price of the leading cryptocurrency plunged to $9,700, bounced to $10,300, then took a few hours to crash from that level to $9,250, liquidating hundreds of…
Bitcoin has found itself caught within the throes of a prolonged bout of sideways trading around $9,600 in the time following its recent flash crash that sent it reeling down from the $10,000 region to lows of $9,200.This multi-day period of sideways trading has resulted from the formation of a small and strong trading range…
One of the rallying cries Bitcoin’s most fervent advocates use to promote the cryptocurrency is “become your own bank.” Indeed, this nascent technology allows you to complete the basic functions of modern banks: receive transactions, store capital, and send transactions (and also verify/process transactions if you want to become a miner).While many libertarians see this…
Ever since Bitcoin shot over 1,000% higher in 2017 to hit $20,000 — a price point that was once seen as relatively unobtainable by even some of the cryptocurrency’s most dedicated bulls — analysts have been waiting for the asset to “moon” once again.It appears that the moon, a noun-turned-verb used to describe the price…
Bitcoin’s unprecedented flash crash seen earlier this week has not proved to be as bearish as it was initially thought to be, as the crypto has now been able to find some solid support within the mid-$9,000 region and has even begun inching higher.It is important to note that while bulls have been able to…
It now appears that Bitcoin (BTC) bulls have been able to gain the upper hand over bears in the time following the intense volatility that the asset incurred early this week during its sudden “flash crash” that caught investors off guard.Because BTC is now slowly climbing back up towards the coveted five-figure price region, it…