Another week, another of Crypto Tidbits. Bitcoin (BTC) bulls continued to show their faces after a brief lull. Per data from Coin360, the leading cryptocurrency is up 6% over the past seven days. Despite the fact that altcoins are supposed to follow Bitcoin, assets like Ethereum, XRP, and so on actually underperformed BTC by a…
Bitcoin is possibly on its way to new all-time highs, while altcoins like Ethereum, Ripple, and Litecoin are capitulating en masse. The two things don’t often go hand in hand due to how closely the two crypto asset types are connected, yet growing regulatory pressure and other important factors have caused a massive divergence in…
After consolidating in the upper-$11,000 period for an extended period of time, Bitcoin (BTC) incurred a sudden influx of selling pressure that sent the crypto reeling down to lows of roughly $11,300, at which point it found some support. Analysts are now noting that Bitcoin’s bulls are safe so long as the crypto holds above…
Bitcoin and the aggregated crypto markets have been caught in the throes of volatility over the past several days, with BTC struggling to break into the $12,000 region on multiple occasions, while finding some support in the upper-$11,000 region. One analyst is now noting that Bitcoin is nearing a critical junction that could set the…
Bitcoin price is still struggling to gain bullish momentum above the $12,000 resistance against the US Dollar. The price is likely setting up for the next break either above $12,000 or towards $11,500. There is a new contracting triangle forming with resistance near $11,920 on the hourly chart of the BTC/USD pair (data feed from…
The start of 2019 saw Bitcoin, altcoins, and the total crypto market cap all reaching their “bottom,” and have all since risen USD in value by 100% or more. But at the start of April, Bitcoin continued to rally while altcoins have only bled out and capitulated, falling most sharply in their ratios against Bitcoin.…
Regulators across the globe and in the United States are taking a tougher stance on Bitcoin and other cryptocurrencies ever since the news broke that Facebook would be launching a crypto asset of their own, sparking widespread outrage and concern. While power and privacy are the main concerns over Facebook’s libra crypto token, Bitcoin and…
Bitcoin (BTC) has been on an upwards ascent throughout the first half of 2019 that has extended further over the past couple of weeks. Despite this, the age-old adage of “a rising tide lifts all boats” has not proven to be applicable to the crypto markets as of late, as most major altcoins have been…
An announcement earlier in the year that Binance would be shutting out US-based investors instead ushering them to a US-based exchange that was sans the majority of the altcoins the exchange is known for, caused crypto investors to panic, wondering where they’d trade their Bitcoin and Ethereum moving forward. Today, the crypto exchange shed some…
Bitcoin price continues to struggle to regain the bullish momentum it had during the parabolic climb above $10,000, but bears have also been unable to push the price of the leading crypto asset by market cap any lower, resulting in an impasse that is playing out in recent price action. The indecision may have been…