Abra has long been a household name in the crypto industry, providing consumers worldwide with financial services and investment opportunities that are centered around Bitcoin (BTC) and other digital assets. NewsBTC sat down with Abra’s chief executive and founder, Bill Barhydt, last month to talk about the future of this industry, his firm, and enterprise…
The battle between Bitcoin bulls and bears rages on and the former have the upper hand at the moment. As BTC grinds ever higher those short positions which have loaded up may start to get exposed which could lead to liquidation. Bitcoin has hit a new 2019 high of just over $5,600 and has shown…
Bitcoin price broke the main resistance at $5,400 and rallied sharply against the US Dollar. The price traded to a new 2019 high and it remains in an uptrend above $5,350. There is a major bullish trend line forming with support at $5,360 on the hourly chart of the BTC/USD pair (data feed from Kraken).…
Crypto markets starting to surge; Bitcoin breaks resistance, Cardano cranking, Tezos climbing and DigixDAO getting fomo. As the week progresses crypto markets are looking stronger. Bitcoin is pulling them all up as it breaks through resistance to form a new 2019 high. Market capitalization is ramping up to do the same as it surges upwards…
The past several weeks have been overwhelmingly positive for the crypto markets, with Bitcoin finding its footing in the lower-$5,000 region and many altcoins putting a significant amount of distance between their current prices and their 2018 lows. Despite this, Ripple (XRP) has been one of the few cryptos that has not incurred any massive…
Ever since the start of April when Bitcoin price rallied nearly a grand in roughly an hour, bullish sentiment has returned to the crypto market, and many have begun confidently calling the bottom as in. Following the massive price surge, Bitcoin price has consolidated above $5,000, and is forming an extremely bullish pattern on price…
For the past twenty days cryptocurrency markets have hold on to gains and formed new trading ranges. In terms of total market capitalization this is between $170 and $185 billion with Bitcoin holding above $5,000. More analysts, using previous chart patterns as a guide, are of the opinion that this consolidation could continue for several…
Has Bitcoin (BTC) bottomed? This is the question that has pained crypto investors since BTC plummeted to $3,150 in the middle of December. While some, especially those subscribed to the Hyperwave theory, claim that cryptocurrencies are poised to head lower, a leading analytics researcher claims that if historical trends are followed, the bears have already…
I’m sure you’ve heard the popular adage: “great minds think alike.” While this seems true in scientific contexts, in the case of finance, even cryptocurrencies, this is far from the case. Some of the greatest minds in Bitcoin (BTC) analysis recently convened in a Skype room to discuss if the bottom is truly in. Over…
In the eyes of analysts across the board, Bitcoin (BTC) decidedly bottomed at $3,150. They cite the fact that at $3,150, BTC was down 85% from its all-time highs, which is where the crypto asset has bottomed in previous cycles, coupled with the idea that industry fundamentals are better than ever. And so far, this…