Over recent hours, Bitcoin (BTC) has begun to slow, with bullish momentum falling off across the board. Yet, some say it may be a bit too early to call for a doomsday-esque scenario, which sees BTC fully retrace its sudden spike higher. Bitcoin Moving Past $6,400 When BTC paused at $6,000 just days ago, few…
What a week it’s been for Bitcoin (BTC). In the past 72 hours, the asset has rallied from the low-$6,000s to $7,500, then to $6,900 (current), driven by a newfound sense of hype, passion, and belief in the cryptocurrency cause. However, as the market has cooled — temporarily at least — analysts have begun to…
The bitcoin price has jumped above $7,500 to discover its fresh yearly high. The world’s largest cryptocurrency established $7,568.32 as its new session peak, bringing its year-to-date net rebound up to 140 percent on San Francisco-based Coinbase exchange. The broader cryptocurrency market tailed bitcoin’s uptrend, with a majority of top assets posting double-digit gains, including…
As the bitcoin price surged past $7,550 to establish a new 2019 high, the daily volume of the dominant cryptocurrency on BitMEX hit $10 billion. New record for BitMEX trading volume. Praise be to volatility and our wonderful traders! pic.twitter.com/iLMGdpz65n — Arthur Hayes (@CryptoHayes) May 12, 2019 Arthur Hayes, the CEO at BitMEX, the most…
There was a sharp upward move above $6,800 in bitcoin price against the US Dollar. The price is up more than 25% in the past few days and it tagged the $7,450 level recently. There is a major bullish trend line in place with support at $6,750 on the 4-hours chart of the BTC/USD pair…
Whether this is the Consensus effect or not, Bitcoin (BTC) is now decidedly above $7,000. As of the time of writing this piece, BTC has finally tapped $7,400, a level that many see as short-term resistance. Let’s see what analysts are thinking right now. Related Reading: Despite Crypto Comeback, Prominent Investor Doesn’t Expect Ethereum 2.0…
Over the past weeks, crypto has returned to the limelight. Bitcoin, Ethereum (ETH), amongst other digital assets have absolutely surged. While no specific fundamental factors have been pinned to the recent rally, it is widely believed that certain bits of news, like Fidelity’s institutional platform and Ethereum starting a Proof of Stake (PoS) integration, has…
Bitcoin’s recent series of upwards surges that have led it towards $7,000 have put the final nail in the coffin for the crypto’s bears and have drastically altered the overall market sentiment for the better. Now, analysts are closely watching to see how altcoins respond to Bitcoin’s recent surge, and many analysts believe that Bitcoin’s…
After being stuck in a persisting bear market for over a year, Bitcoin appears to have formed $3,200 as a long-term bottom that has allowed the cryptocurrency to surge higher, firmly establishing a fresh bull trend that has sent BTC surging to new year-to-date highs. This bullish price action has led analysts to concur that…
Over a million internet users are visiting Binance every day as the cryptocurrency exchange manages a $40 million hack scandal amidst a bitcoin price boom. Toronto-based Kevin Rooke, known for his insightful crypto-related social media analysis, revealed that Binance’s daily average traffic had gone up by 13 percent in April. At 1,183,000 visits, the Malta-based…