Over the past couple of weeks Bitcoin SV – the Bitcoin Cash hard fork that is the brain-child of Craig Wright and Calvin Ayre – has been embroiled in controversy, mainly due to the legal action being brought about by BSV’s champions against popular figures within the cryptocurrency industry. These figures were targeted after they…
Bitcoin price close above $5,000 Analysts and Investors confident of market recovery The Bitcoin moon-sling chorus is only getting louder as the market ooze confidence thanks to early April upswings and supporting candlestick arrangement. Even so, there should be a conclusive close above $6,000 before bulls lift prices higher. Bitcoin Price Analysis Fundamentals Not only…
The cryptocurrency community is up in arms over recent controversy surrounding Bitcoin SV and its supporters. The controversy was enough to cause leading cryptocurrency exchange Binance to delist the digital asset from its platform. Following the wake of the delisting, Bitcoin Cash, the blockchain Bitcoin SV was forked from, has surged as much as 15%…
Weekends are usually pretty quiet for crypto markets. Unlike forex, digital assets can be traded around the clock and at weekends but old habits appear to die hard for traders. As we enter a new week there are big expectations for Bitcoin which could well make a move. Mixed Outlook from Analysts There has been…
Bitcoin price fund a strong support near the $4,920 level and later recovered against the US Dollar. The price broke the $5,120 resistance level to move into a positive zone. There was a break above a key bearish trend line with resistance at $5,080 on the hourly chart of the BTC/USD pair (data feed from…
Although in many ways Bitcoin (BTC) and other cryptocurrencies could pose significant competition to PayPal, one member of the company’s board of directors recently laid out a case for where he sees the cryptocurrency heading next, notably saying that he believes there is a good chance Bitcoin succeeds and garners widespread adoption within the next…
Bitcoin (BTC) and the crypto markets have continued to express increasing stability and have not yet made any large price movements despite it being a weekend trading session with lower-than-average trading volume. It is important to note that Bitcoin and the aggregated markets have seen continuously declining trading volume over the past seven days, which…
Harvard’s $37.1 billion endowment fund has reportedly invested $12.65 million in Blockstack. The New York-based blockchain toolmaker lately applied with the Securities and Exchange Commission (SEC) to raise $50 million. The application submitted to the US securities regulator detailed the name of Blockstack’s advisory members. Among those names was Charlie Savaria, one of the recently…
Bitcoin price above $3,000 is good news for bulls, according to Crypto Michael. The full-time trader and cryptocurrency commentator said bitcoin scaling between $3,000 and $5,000 was bullish, adding that a drop below $3,000 would result in an equally strong bullish makeover. “The future perspectives of BTC are brilliant, and we’ll laugh about $5,000 in…
A fresh yearly high was formed at $5,465 before bitcoin corrected lower against the US Dollar. The price started a downside correction and traded below the $5,200 support level. There was a break below a major bullish trend line with support at $5,200 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).…