It only took a day for the Bitcoin bashers to emerge from their caves and start spreading fear, uncertainty and doubt again. After four months of inactivity crypto markets came alive again this week and headed upwards to reach new 2019 highs. This was enough it seems for the mainstream media dogs to start spewing…
Bitcoin price settled above the key $5,000 hurdle and tested the $5,240 resistance against the US Dollar. The price faced a strong selling interest near the main technical barrier at $5,240-5,260. There is a major connecting bullish trend line formed with support near $4,200 on the daily chart of the BTC/USD pair (data feed from…
Although the Lightning Network is most often touted as a way to reduce transaction burden on the main Bitcoin blockchain, various other use cases are becoming apparent as more people experiment with it. One of the most potentially revolutionary is the ability to make incredibly small payments for online content. This could have a massive…
After yesterday’s monumental price surge that led Bitcoin to surge from the low-$4,000 region and past $5,000, there has been a lot of noise as to whether or not this move confirms the end of the persisting bear market – and if so, whether or not BTC will begin moving towards its late-2017 highs of…
In case you haven’t noticed already, the crypto markets have been absolutely on fire over the last couple of days. The entire market for all digital coins and tokens has increased by more than an impressive $22.1 billion in just the first few days of April. Whilst most the top ten digital assets by market…
Supporters of Bakkt continue to grow weary of further delays to the Bitcoin futures ruling. The Commodity Futures Trading Commission (CFTC) confirmed last month the matter is under review, but their lack of urgency casts doubt over the probability of Bakkt’s launch in Q1 of 2019. However, developments at a rival futures exchange give hope…
Following on from accusations of fake bitcoin trading volume, crypto data specialists Messari are fighting back in a bid to re-establish industry integrity. They have announced the launch of two unique metrics to help crypto investors make better-informed decisions. Furthermore, CoinMarketCap has also sought to reassure users by committing to changes in the way they…
Thousands in the broader crypto industry turned bullish on Tuesday morning as Bitcoin (BTC) rapidly surmounted $5,000, in what some have called a “black swan event” — an occurrence that is unpredictable but has dramatic ramifications on its surroundings. While technicals were the primary driver behind this move, all eyes remain on fundamentals, as this…
While many mainstream media outlets recently addressed the crypto industry with overt skepticism and seeming misunderstandings, with Gizmodo recently bashing Bitcoin’s power draw, this market has continued to push higher. As of the time of writing, Bitcoin (BTC) is slated to enter its second day of rallying strongly — the asset’s first clearly bullish streak…
After Bitcoin’s meteoric rise to its all-time high price of $20,000 back in December 2017, the first ever cryptocurrency has given investors, traders, and mainstream media more than enough reason to criticize the crypto, call it a bubble, and point to severe losses as reason for why the asset would die a slow death. It…