Another week, another round of Crypto Tidbits. Bitcoin price action-wise, this week was rather boring. BTC trended lower, with volatility actually reaching multi-week lows on most trading markets. However, the fundamental side of this industry saw a number of intriguing developments this week. These include the start of user testing for Bakkt’s Bitcoin futures, a European…
Bitcoin price has been on a wild ride throughout 2019, coming from bear market lows around in the $3,000 range all the way up to $14,000 before falling back below $10,000 and potentially looking at further downside if bulls cannot reclaim lost territory. This morning, Bitcoin price plummeted through $10,000 after a spike to $10,200…
Would you look at that — over the past 30 minutes, crypto assets have tanked. In a matter of about ten minutes, most large-cap altcoins, including Ethereum, XRP, and Litecoin, shed approximately 5% on average. The sell-off in the price of Bitcoin was the catalyst in this case, which in and of itself caught many…
The ebb and flow of crypto markets continues into the weekend as another day of gains follows one of losses. Bitcoin crept back over five figures but dumped again an hour or so ago. Industry observers and analysts are of mixed opinion as to its next major move as a FED interest rate cut looms.…
The global economy and Bitcoin (BTC) have both been incurring increasing volatility as of late, with the former’s volatility primarily being centered around recently released data from both the United States and Europe, which signals that the economy may currently be at a precarious point that requires a significant amount of monetary stimulus to be…
Bitcoin price stayed above the $9,600 support level and climbed higher against the US Dollar. The price broke the $10,000 resistance and it is now testing the key $10,200 resistance. There was a break above a major contracting triangle with resistance near $9,910 on the hourly chart of the BTC/USD pair (data feed from Kraken).…
Let’s face it, there aren’t many instances where you can imagine a story entailing Bitcoin, porn, and Panera Bread, but that’s exactly the case with an 86-year-old Chicago woman. The tech-savvy elderly woman was able to connect the dots as to how a Bitcoin extortionist was able to find her through a data leak stemming…
Bitcoin and the aggregated crypto markets have been facing significant downwards pressure over the past couple of days that has led markets to retrace significantly from their recent highs that were set in late-June. Now, one prominent analyst who predicted Bitcoin’s recent drop is now noting that the aggregated crypto markets could retrace another 61%…
Boris Johnson’s recent appointment to the role of UK Prime Minister has coincided with a spike in Google searches in the nation for the word “Bitcoin”. In his first days in office, the newly-instated head of state has made it clear that he is refusing to play ball with the European Union and an already…
Everyone has heard that history often repeats itself, and learning from the past is among the best ways to prepare for the future. The same goes for Bitcoin and crypto, and analysts often look at past bear and bull cycles to gain insight into how future price action may unfold. According to historical Bitcoin monthly…