Over the past few weeks, Bitcoin (BTC) has been consolidating in the range around $7,000, seemingly stuck in between a rock and a hard place. Indeed, the cryptocurrency has many times bounced in the mid-$6,000s, where there is macro support, and has been rejected multiple times in the resistance band around the high-$7,000s.Related Reading: Why…
Those who held Bitcoin Cash (BCH) during its meltdown in the latter half of 2019, there may still be time to generate enormous gains.Famous crypto analyst DonAlt on Friday discussed the bullish prospects of the fifth-largest blockchain project by market capitalization. The trader said he expects the BCH-to-dollar exchange rate to hit $380 in 2020,…
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:…