The market chop and consolidation has continued for bitcoin today and analysts remain on the fence as to where it is likely to go next. The trading range is getting tighter however so a breakout could be imminent. Bitcoin Holding Fast at $10k Over the past 24 hours BTC has traded between $10k and $10.2k…
Bitcoin price is following a negative angle and is trading well below $10,200 against the US Dollar. The price is likely setting up for a downside break below the $10,000 support area. Yesterday’s highlighted rising channel or a bearish flag is intact with support near $10,050 on the hourly chart of the BTC/USD pair (data…
It now appears that Bitcoin’s recent surge from lows of roughly $10,000 to highs of over $10,500 was simply a flash in the pan, as BTC has now erased nearly all of the gains it incurred during this movement. Analysts are now noting that Bitcoin’s current technical formations could signal that BTC is on the…
A French street artist has just made what he claims to be a world first sale of a tokenised wall mural. Pascal Boyart specialises in crypto asset-inspired pieces of street art. The portion of the overall piece cost the buyer 25 Ether (ETH). The second part of the mural is still listed as available for…
Bitcoin has been named as an accessory in a murder-for-hire scheme. The cryptocurrency, which allows people to exchange value over the internet without having to go through a bank or any other financial institution, facilitated an online transaction involving an assassination plot. Tina Jones, a nurse from Des Plaines, allegedly hired a gunman via darknet to…
Bitcoin was steady on Tuesday as traders absorbed days of mixed signals over the state of trade relations between the US and China. The benchmark cryptocurrency shed about $280, or 2.37 per cent, off its rate as of 11:30 UTC. It dropped to a session low of $10,361.65 on San Francisco-based Coinbase exchange, erasing gains…
Last year, the “institutions are coming” narrative became heavily cited in the Bitcoin and crypto space. You see, back then, investors were grasping for straws, trying to find some glimmers of hope in a roaring bear market. Related Reading: Ethereum Price Has Best Risk-Reward Ratio Ever: Crypto Venture Capitalist Unfortunately, the narrative wasn’t and purportedly…
The crypto community has been largely reveling in the fact that a court ruled against Craig Wright yesterday. The case involved a hefty sum of Bitcoin, and concerns are growing about the possibility of it flooding the market if sold in a hurry. Wright Loses 50% BTC Stash In a Florida court hearing yesterday a…
After hanging by a thread above $10,000 for most of the day yesterday, Bitcoin’s bulls stepped up and sent the cryptocurrency surging to highs of over $10,500. Although this rally did spark excitement amongst BTC investors, the move ultimately proved to be somewhat fleeting. Analysts are now noting that $10,900 is a key region of…
A man who created his own Bitcoin ATM has pleaded guilty of money laundering and related crimes. Kunal Kalra, a resident of Westwood, California, used his machine and other means to clean as much as $25 million between 2015 and 2017. Court documents claim that Kalra also exchanged Bitcoin for cash with a range of…