In a largely predicted move, Bitcoin has fallen back below five figures once again. Even more predictable is the altcoin action as they too are all in the red during this morning’s trading session. Bitcoin Dips Towards $9,600 Yesterday’s pump to $10,200 was short lived. Bitcoin only spent 12 hours trading above $10k before a…
Legendary hedge fund manager, Bill Miller, can boast bumper performance for including Bitcoin as part of his investment strategy. A fund launched three years ago has posted impressive gains this year according to reports. Bitcoin Boosts Fund 46 Percent A Bloomberg report has cited an investor document revealing that the fund launched by Miller three…
Bitcoin price failed to continue above the $10,200 resistance and declined recently against the US Dollar. The price traded below the $10,000 and $9,800 support levels to move back in a bearish zone. There is a new connecting bearish trend line forming with resistance near $10,050 on the hourly chart of the BTC/USD pair (data…
Anyone involved or invested in the crypto industry or market has a desire to see Bitcoin succeed. Even those who prefer one of the thousands of altcoins over Bitcoin, do tend to understand that bitcoin adoption means overall crypto adoption, and the sentiment around the first-ever cryptocurrency typically controls the entire ebb and flow of…
Bitcoin and the aggregated crypto markets are experiencing a day of green after facing strong selling pressure over the past couple of days. Despite this, BTC still appears to be in precarious territory, and it may soon lose the support it currently has around $10,000. Analysts are now noting that an extension of the selling…
Bitcoin (BTC) and the aggregated crypto markets have been facing a bout of selling pressure as of late that has tempered the uptrend that the markets incurred over the past several months. Despite this, analysts were quick to note that the recent uptrend was not driven by an influx of new market entrants, which may…
The bureaucrat who favored the creation of a bitcoin regulatory framework in India quitted the Ministry of Finance on Wednesday. IAS Subhash Chandra Garg, who served as the Economic Affairs Secretary and Finance Secretary of India, accepted transfer order to the Ministry of Power. A day later, Garg applied for voluntary retirement from service with effect…
Bitcoin has close above the $10,000-level in its interim upside correction, but that does not guarantee an explosive price rally. Noted market analyst Josh Rager said on Thursday that bitcoin could continue trending upwards until it hits $10,854. The level, as he pointed, is acting as a resistance on the daily timeframe graph. The trader…
New research by the world’s top crypto exchange, Binance, indicates that portfolios that include Bitcoin exhibited overall better risk-return profiles than traditional multi-asset class portfolios. Binance Research Delves Into Portfolios The research division of Malta based Binance has been analyzing different portfolio structures to ascertain the differences in risk-return profiles. “#Binance Research analysis shows that…
Bitcoin price formed a strong support near the $9,500 level and recently recovered against the US Dollar. The price broke the key $9,800 and $10,000 resistance levels to move into a positive zone. This week’s highlighted major bearish trend line was breached with resistance near $9,900 on the hourly chart of the BTC/USD pair (data…