Bitcoin price is gaining momentum and it recently traded above $10,700 against the US Dollar. The price is currently testing the key $10,800 resistance area and it might correct a few points. There is a new bullish trend line forming with support near $10,600 on the hourly chart of the BTC/USD pair (data feed from…
While Bitcoin price action is decidedly sideways, other metrics are posting positive signals. The week is ending with BTC above five figures which is still bullish, and dominance has just tapped another new high. Bitcoin OI Hits a High By definition, open interest is a measure total number of outstanding derivative contracts, such as futures…
After keeping their thoughts on crypto quiet for years, a key executive at Apple is now explaining that the company is interested in the nascent technology, but further added that users shouldn’t expect anything crypto-related to come to Apple products anytime soon. Despite their down-the-road interest, Apple is lagging significantly behind some of its main…
According to polls, predictions, and commonly seen comments from the cryptocurrency community, most are certain that one day Bitcoin will reach prices of $100K to as much as one million USD. For most, it’s not a matter of if, but when. A new study using a long-term power-law corridor of growth may help provide clues…
Bitcoin looked cautious on Thursday as the United States and China announced that they would restart trade negotiations. Chinese Vice-Premier Liu He and the US Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer earlier today spoke over the phone. The two sides decided to meet in Washington in mid-October to negotiate a win-win trade…
Akon — you know, the artist behind songs like “Don’t Like Me” and “Lonely” — is a fan of Bitcoin. Related Reading: Why Once a Bitcoin Skeptic CNBC Anchor Became an Enthusiast This week, the (dare I say) legendary music producer took to the “The Breakfast Club”, a prominent radio show followed by literal millions,…
Several Government websites have been secretly forcing visitors’ computers to mine bitcoin alternative monero for cyber criminals. One of the affected sites – that of the Information Commissioner’s Office – was temporarily taken down as a result. The Student Loans Company’s website was also affected, as were NHS websites, the Pensions Advisory Service, the Financial Ombudsman Service…
Economic hardship, whether driven by trade wars or political divisions, usually drives investors into safe haven assets. It has been the case for gold and Bitcoin this year as currencies get crushed and recession fears loom. Britain’s Brexit woes may spell short term doom for the fintech industry but it is likely to have the…
Bitcoin price is trading with a positive bias and recently climbed above $10,800 against the US Dollar. The price is currently trading above the $10,500 support and it could continue to rise in the near term. Yesterday’s highlighted key bullish trend line is providing support near $10,510 on the hourly chart of the BTC/USD pair…
Twitter founder and CEO Jack Dorsey says he has not even considered creating a Libra-like native currency for his own social media platform. Instead, the entrepreneur believes Bitcoin to be much more suited for use as a “currency for the internet” than anything else available or in the works to date. Dorsey claims that Bitcoin’s…