For the third day in a row, the speeding freight train that is Bitcoin has broken through resistance and pushed even higher. The surge has eaten into the altcoin markets so much that BTC dominance is at its highest level since it went parabolic in December 2017. Bitcoin Dominance Tops 63% Bitcoin traded at just…
There was a sharp increase in bitcoin price above the $11,800 and $12,000 resistances against the US Dollar. The price surged above $12,200 and even traded to a new 2019 high near $12,500. There are two key bullish trend lines forming with support near $12,000 and $11,450 on the hourly chart of the BTC/USD pair…
Bitcoin and the aggregated crypto markets have been on the up-and-up as of late, with BTC surging from its year-to-date lows in the $3,000 region to recently established highs of well above $11,000. This upwards momentum has drastically shifted the overall market sentiment and has led most investors to turn incredibly bullish. Although bulls are…
The UK-based supermarket giant Tesco has had its Twitter account compromised by hackers. Almost mirroring an attack last year, those behind it have attempted to scam Bitcoin from the store’s customers. Tesco appears to have now regained control of its Twitter account. The hackers attempts to earn Bitcoin from the supermarket’s customers appear to have…
The crypto markets are continuing to grow and develop by leaps and bounds each day, and the latest piece of positive news that elucidates just how rapidly the markets are maturing is the Commodity Futures Trading Commission’s decision to approve LedgerX for offering physically settled Bitcoin futures contracts. The announcement, which was made by the…
The bitcoin market capitalization on Tuesday skyrocketed above $200 billion for the first time since January 2018. The price of the world’s first and foremost cryptocurrency surged from $4,092 to as high as $11,470 in just less than three months. Earlier before, bitcoin has dipped as low as $3,404 during the first quarter of 2019,…
The crypto market is an unusual one. The Wild West atmosphere, the volatility, and the 24/7, 365 trading provides little rhyme or reason, and often times Bitcoin and altcoins rise together, while other times they do not. At the start of the year, both Bitcoin and altcoins performed well relative to their bear market lows.…
A big bullish weekend is usually followed by a red Monday for bitcoin and crypto markets but this has yet to materialize. BTC has continued to climb and is now back at its 2019 and fifteen month high again. Further gains are likely and if Bitcoin can repeat is previous six month’s performance big things…
Crypto markets hit another new 2019 high; Bitcoin surges higher, TRX, NEO climbing, VeChain going vertical. There has been no dip this week as we have seen in previous ones. Usually after a bullish weekend, crypto markets cool off early the following week. This has not happened as Bitcoin has kept up its momentum driving…
The world has been entrenched in a deluge of news surrounding Facebook’s recently announced cryptocurrency initiative, dubbed Libra, which was been met with a wide variety of responses from Bitcoin advocates and analysts alike, ranging from positivity and excitement to extreme negativity. Despite the significant amount of information now available about Libra, analysts are still…