Bitcoin and the aggregated crypto markets are currently coming off of a period of large volatility that appears to have put the entire market’s recently established upwards momentum in danger of being lost. Since incurring significant selling pressure over the past couple of days, however, Bitcoin (BTC) has been able to stabilize in the upper-$7,000…
The inventor of the reality television programme “Big Brother”, John de Mol, has sued Facebook over its negligence in policing the advertisements it allows on its platform. The Dutch billionaire has been the face of a fake advertising campaign for a Bitcoin investment platform. De Mol is not the only celebrity to have had his…
Until recently, traditional investors have long viewed gold, silver, and other precious metals as the go to source of stability when the equities markets destabilize, although the advent of digital currencies, like Bitcoin (BTC), have ignited debates as to whether or not precious metals are still relevant tools of stability during times of market turmoil.…
Bitcoin (BTC) bulls have continued to lose grip heading into Wednesday. As of the time of writing this, BTC sits at $7,750, up by $300 from Tuesday’s $7,450 low. Despite this recovery, some analysts are still leaning bearish, expecting for cryptocurrencies across the board to continue to slump lower to begin a much-needed bout of…
Price action is not linear so any movements in either direction will come in stages. Bitcoin’s two day slide of over a thousand dollars may not be over yet, but at the moment BTC appears to be taking a breather. Bitcoin Scenarios A number of scenarios could be on the cards for Bitcoin’s next move.…
Bitcoin price started a major downward move below the $8,200 and $8,000 supports against the US Dollar. The price even broke the key $7,600 support level and it is currently recovering higher. There are two major bearish trend lines forming with resistance near $7,950 and $8,200 on the hourly chart of the BTC/USD pair (data…
Yesterday, Cupertino-based tech giant Apple held its annual Worldwide Developers Conference (WWDC) where it gave an update on its product lineup, and while new products were revealed to the public for the first time, the event skews heavily toward talk of future development on Apple software development kits. One such crypto-focused dev kit, dubbed CryptoKit,…
Bitcoin is a lot of things to a lot of people. It’s a currency outside of government’s reach; it’s a hedge in a dwindling economy; it’s a store of value; it’s a vehicle for money-laundering; it’s a life-changing investment asset. And for some, it’s simply an exciting and emerging technology to tinker with. Such is…
BTC is weak, down 6.1 percent Real FOMO is after BTC blast past $10,000 according to Tom Lee After two months of higher lows and higher highs, BTC bulls are exhausted. In the last day, the asset is down 6.1 percent. As bears press lower, it is likely that prices will crumble to $7,500 or…
The Bitcoin rally is running out of steam it seems. A bearish candle closing below $8,200 has been a signal for further losses and, as expected, they came pretty quickly. For the second time over the past seven days markets have fallen back instead of heading higher indicating that a correction is imminent. Bitcoin’s bearish…