On Sunday, the crypto market saw its first notable bout of price action in 2019, which comes after a multi-day lull following Xmas. Per previous reports from NewsBTC, the Bitcoin (BTC) price popped over $4,000 for the first time since Christmas Eve, as buying pressure quickly pushed the asset higher in a seeming “flash flood.”…
Japan’s financial watchdog could embrace exchange-traded funds that track the value of Bitcoin and similar digital asset classes, Bloomberg reported. The Financial Services Agency (FSA), according to an anonymous source, has been exploring Bitcoin ETFs on the sidelines of its disapproval of the Bitcoin futures and Ethereum derivatives. The agency has clarified that it will…
A lot of hopes have been pinned on institutional heavyweights entering the crypto space in 2019. The promise of more Bitcoin futures and crypto products from the big players could be the catalyst that drives market recovery. A new exchange has entered the fray and it aims to take on the giants with physically delivered…
Bitcoin price finally broke the $4,000 barrier and traded towards $4,100 against the US Dollar. There was a break above a major bearish trend line with resistance at $3,830 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is currently consolidating gains and dips towards $4,000 and $3,920 remain supported.…
The cryptocurrency markets have been able to maintain their upwards momentum and Bitcoin has now broken above its resistance level that was previously set around $3,900. Bitcoin’s upwards move has sent the overall markets surging. Although Bitcoin is showing signs of increasing buying pressure, many altcoins have not yet been able to break above their resistance…
Following yesterday’s market surge most cryptocurrencies have continued to rise, and Bitcoin has now surged above $4,000. Whether or not the markets can extend their upwards momentum long-term is very important for reversing the persisting bear market. The past few months have been especially tumultuous for the markets with most cryptocurrencies setting fresh 2018 lows.…
In an unexpected turn of events, the official Fortnite merchandise store recently began to accept Monero (XMR) purchases through crypto-friendly payment service GloBee. That begs the million-dollar question — Is Epic Games, the creator of the aforementioned video game, enamored with cryptocurrencies, Bitcoin, blockchain technologies, and the like? A recent tweet from a member of…
Since Bitcoin volumes began to dissipate in late-2018, which came alongside price plunges, the crypto’s curious investors have sought to determine where the money has fled. For the longest time, it was assumed that over-the-counter (OTC) desks picked up where spot exchanges, namely Bitfinex and Coinbase, were slacking. Yet, a recent company update from Circle has touted…
Bitcoin (BTC) became all the rage in late-2017, as the crypto asset surged to all-time highs, backed by an influx of naive, but money-hungry retail investors. And while many have argued that the project is stronger than ever, specifically in terms of fundamental factors (not price), it has become ostensibly apparent that the hype train…
Key Points Bitcoin price failed to gain momentum above $3,900 and declined recently against the US Dollar. There is a major contracting triangle formed with support at $3,765 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is approaching the next significant break either above $3,850 or below $3,750. Bitcoin…