Key Points Bitcoin price extended gains and broke the $4,000 and $4,050 resistances against the US Dollar. Yesterday’s key bullish trend line is in place with support at $3,850 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is currently consolidating gains above $3,770 and it may continue to rise…
It has been nearly one year since San Fransisco-based payment processing company, Square, rolled out peer-to-peer Bitcoin trading within their popular Cash App, allowing customers to buy, hold, and sell the cryptocurrency without incurring any fees. The company’s decision was lauded by the company’s investors and the cryptocurrency community alike, with Square’s stock surging 16%…
Following the recent price surge that Bitcoin has experienced after dropping into the low-$3,000 region last week, it has since recovered much of its recent losses and has now climbed above the $4,000 price level. Bitcoin’s positive price action has led the altcoin markets up, with some of today’s best performing cryptocurrency trading up nearly…
The original Bitcoin Cash (BCH ABC) is having a gala day at the crypto market as it rises 40% and beyond. The BCH/USD price on Thursday has extended its prevailing bullish bias to register new highs at 182 on Coinbase. On weekly basis, the pair has noted a 182% jump from its so-called bottom near…
Latest Bitcoin News The crypto and Bitcoin market is resilient, surviving several obituaries over the years. From FUDs churned by mainstream media and economists as Tim Harford, Bitcoin continues to trudge, weathering the critic storm. At that time, BTC was changing hands at around 23 cents and enthusiast could “mine” BTC using a standard CPU…
Bitcoin is dead; Blockchain is wasted; Crypto is gone–this is something the world has been told over and over again. The first ever article that predicted a bitcoin death was published in 2010 by Tim Harford, an economist. At that time, bitcoin was trading at $0.23. The following year, after bitcoin surged to $7.80, Gizmodo…
A veteran commodities trader who was responsible for one of the most accurate price calls in cryptocurrency history has spoken about where he believes the price is now heading. Peter Brandt correctly predicted that the speculative mania surrounding the Bitcoin price was over back in January and that the asset would lose 80% or more…
Following yesterday’s market surge, Bitcoin has continued to climb and is now looking to target $4,000 as its next point of resistance. Bitcoin’s bullish price action has led to a widespread market surge, with the overall crypto market cap climbing to $125 billion. At the time of writing, Bitcoin is trading up 7.3% at its…
Latest Bitcoin News After a damaging fall from Dec 2017 peaks, Bitcoin bulls are well positioned to recover and print above Nov 2018 highs all because of changing sentiments and bullish candlestick formation of the last three days. On the fundamental front, long-term Bitcoin bear and former International Monetary Fund economist, Mark Dow has closed…
Crypto markets still on the up; Waves and Bitcoin Cash are flying, Tron and Iota following. Following yesterday’s long-awaited crypto market pump things have continued rising for a second day adding another $7 billion into the digital currency pot. This has taken total market capitalization back over $120 billion again and resulted in a solid…