Bitcoin (BTC) has kicked off the weekend trading up slightly but has still been unable to decisively move above $4,000, which has proven to be a key psychological resistance level for the cryptocurrency. Although Bitcoin has been able to climb consistently for the past several days, analysts now expect the cryptocurrency to fail to break…
Over recent weeks, overall sentiment in the crypto market has seemingly begun to express signs of turning optimistic. A number of polls conducted on Twitter indicated that investors, by and large, thought that a Bitcoin (BTC) bottom was in. Cryptocurrency commentators began to tout the merits of a bull rally in these depressed conditions. And…
Prospects for the crypto space remain bright. Over the past week, Wall Street giant Fidelity Investments has soft-launched its digital asset branch, Starbucks is purportedly looking to accept Bitcoin, and Twitter CEO Jack Dorsey has only doubled-down on his support for BTC and its respective ecosystem. Crypto Tidbits: Fidelity’s Crypto Branch Live, Serving Select List…
Bitcoin has been pitched as, and has the potential to be a lot of things: a global crypto currency; a store of value; and digital gold. However, as one of the world’s most prominent precious metal-focused investment firms drops crypto as a whole, Bitcoin’s positioning as digital gold may be in trouble. Goldmoney Drops Crypto,…
With Bitcoin constantly testing a big resistance zone price predictions are coming thick and fast. The longer BTC stays below the $4,000 barrier the more likely a move to the downside will occur. Some analysts however think it could well move above this in the coming months. Bitcoin in Bullish Territory, Above 0.5 Fib Over…
Bitcoin prices up 1.6 percent FCA Research paints crypto-asset owners as greedy Transaction volumes low, drive above $4,500 must be high-volume. The UK’s FCA research concludes that Bitcoin (BTC) and crypto-asset investors are here for the money. Meanwhile, prices are stagnant, and as accumulation continues, the next feasible target will be $4,500. Bitcoin Price Analysis…
Bitcoin is on track to post gains for the fourth consecutive day following a recent bout of volatility from last weekend. Importantly, the crypto is currently caught in a trading between approximately $3,700 and $4,200, which BTC may be stuck between for an extended period of time. Now, one popular figure within the cryptocurrency industry…
Analysts and investors alike widely believe that increased adoption of cryptocurrencies, like Bitcoin, will help drive their price higher while also providing more stability to the nascent markets. Despite the persisting crypto bear market, over the past year there have been multiple advancements in the industry that will likely lead to increased adoption down the…
The US Marshals Service is appealing for help disposing of seized or forfeited cryptocurrency. The government body is looking for firms to provide feedback on appropriate methods to store, liquidate, or potentially return Bitcoin and other cryptos involved with financial crimes. A request posted on FedBizOpps details a potential position with the US Marshals for…
There is much talk of 2019 being the year that institutional money comes. And with the recent update by Fidelity on its Bitcoin custodial service, there is renewed hope for an end to the bear market. However, by welcoming this news, does that mean we have collectively abandoned our principles? While the goal of institutional…