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…
With so much negativity suddenly in the crypto market following increased regulatory concerns surrounding Bitcoin, Facebook Libra, and the rest of the asset class, the sell pressure and fear has caused altcoins to capitulate and even Bitcoin to begin to crash. Altcoins are not only dropping to new lows in USD value, but their BTC…
Bitcoin (BTC) steady below $10,000 Hangzhou Internet Court recognizes Bitcoin as property China may be restrictive, but Chinese miners plays a vital role in the Bitcoin ecosystem. Therefore, despite the People’s Bank of China stance, the ruling from Hangzhou Internet Court is bullish. Currently, BTC is up 3.8 percent week-to-date. Bitcoin Price Analysis Fundamentals Chinese…
On Wednesday, Bitcoin (BTC) continued to weaken, falling to a weekly low of $9,600 as buyers failed to step up to the plate. As of the time of writing this, the cryptocurrency trades at $9,750, still over 5% higher than the monthly low of $9,150. Related Reading: Analysts Believe Bitcoin is on The Path to…
Since its inception over ten years ago, Bitcoin has drawn a multitude of criticism. We, in the community, have had to contend with swipes about volatility, illegitimacy, and perhaps most cutting of all, that it’s a scam. BITCOIN IS A SCAM!!Trump says so!!!#MAGA — Haus (@_HausMaus) July 12, 2019 Unsurprisingly, it’s been an uphill battle…
Bitcoin price struggled to recover above $10,400 and declined recently against the US Dollar. The price declined heavily and even broke the key $10,000 support level to enter a bearish zone. Yesterday’s highlighted key bearish trend line is intact with resistance near $10,000 on the hourly chart of the BTC/USD pair (data feed from Kraken).…
Silk Road, a dark web drug market founded by Ross Ulbricht under the pseudonymous nickname “Dread Pirate Roberts” has had a critical impact on Bitcoin. While it’s associated with the dark web marketplace has forever left a stain on the crypto asset, Bitcoin may also not be where it is today if it didn’t catch…
Bitcoin and the aggregated crypto markets have been facing a significant amount of pressure from sellers as of late, which has driven BTC’s price to below $10,000, putting the cryptocurrency’s recent bullishness in grave jeopardy. Analysts are now noting that a similar fractal pattern to the one that occurred through the course of the 2018…
Although most of the crypto industry has long known that the US is far behind other countries in terms of implementing “do no harm” regulations on nascent markets, recent comments from President Donald Trump and Treasury Secretary Steve Mnuchin have signaled that rather than creating a “sand-box” regulatory environment for Bitcoin and cryptocurrencies, they will…