Another week, another round of Crypto Tidbits. The first week of January was a quiet one for the Bitcoin and broader digital asset market, with BTC gaining a mere 0.7% over the past seven days, according to Coin360.com. Altcoins have posted similar slight gains, though assets like Bitcoin Cash, EOS, Litecoin, and VeChain have managed to…
After Bitcoin briefly breached $20,000 in December of 2017, the cryptocurrency began a precipitous decline, with its price plummeting from the heights of five digits to $3,150 within 12 months’ time, representing an 80% decline.Related Reading: Capitulation In Crypto Market Hasn’t Occurred Yet, Data ShowsSince the decline began, crypto investors across the board have been…
Bitcoin (BTC) is off to a great start to 2020, surging over 5% over the past 24-hours after facing some strong selling pressure yesterday. This positive start to the new year comes after the crypto posted a nearly 100% climb in 2019, making it one of the world’s best performing assets last year.One industry executive…
Today marks the eleventh birthday of the first viable digital asset, Bitcoin. On January 3, 2009, Satoshi Nakamoto anonymously mined the first block of the Bitcoin blockchain and with it, changed history.Although Bitcoin has had an incredible first eleven years, its story is just beginning. The kind of disruption the cryptocurrency is capable of delivering…
If you’ve perused Crypto Twitter at all, you’ve likely heard the term “HODL” mentioned time and time again in relation to “Bitcoin.” A misspelling of the word “hold,” HODL is an industry joke used by cryptocurrency investors who believe that the price of BTC will appreciate with time, primarily due to adoption and the asset’s…
Last night, news broke that the United States military completed an overnight drone-based airstrike at the Baghdad airport that killed one of Iran’s top officials, and shortly after Bitcoin spiked by 5%.Fears that retaliation for the assassination could fuel a war between Iran and the US, have caused the prices of certain assets to move,…
After hovering below its previous support at $7,000 for several hours yesterday, Bitcoin’s bulls were able to generate significant momentum that has allowed BTC to reclaim its position within the $7,000 region, and it appears that this upwards momentum is growing.This move coincided closely with news regarding a US airstrike on a top Iranian military…
On January 3rd, 2009, the mysterious Satoshi Nakomoto – pseudonymous creator of Bitcoin and blockchain technology, mined the first-ever Bitcoin block, dubbed the Genesis Block. Today, we look back at the monumental event that took place more than ten years ago and celebrate the birth of blockchain and the world’s first-ever cryptocurrency: Bitcoin.On This Day:…
While most crypto assets suffered throughout 2019, Bitcoin, and a handful of other altcoins – almost entirely comprised of exchange-related tokens – offered crypto investors the best ROI in 2019.Binance Coin, Huobi Token, and OKB Top Crypto’s Best Return in 2019The crypto industry is a fast-moving, ever-changing industry that is driven by wild speculation and…
Bitcoin started a strong upward move from the $6,880 support area against the US Dollar.The price is reversing losses and it is now well above $7,100.There was a break above a key bearish trend line with resistance near $7,120 on the hourly chart of the BTC/USD pair (data feed from Kraken).The current technical structure suggests…