Bitcoin is now flashing some immense signs of strength as its price pushes up towards its yearly highs of $11,400. This comes as Ethereum, and many other major altcoins, also build technical strength. This ongoing uptrend is being driven by massive inflows of buying pressure that are helping to degrade the resistance established throughout the…
Oddly enough, Apple is known for never using its official Twitter account to market its flagship iPhone or Mac computers. However, the one tweet the account has ever made was directly about Bitcoin to its more than 4.6 million followers. Comparing Apples To Oranges, And a Computer Firm To Crypto Bitcoin was created by the…
The top two crypto asset by market cap Bitcoin and Ethereum pumping so hard has left the rest of the crypto market in its dust. Even DeFi tokens that had once been hot to trot have plummeted in the wake of this week’s rally. But one crypto analyst claims its wise to pay close attention…
Bitcoin is eyeing a breakout towards $12,000, according to crypto-chart analyst Josh Rager. The analogy appears out of Ethereum’s latest upside move from a consolidation range. Mr. Rager sees Bitcoin repeating the same bullish action as it trades inside a similar sideways pattern. Bitcoin is at the cusp of hitting $12,000 in the coming sessions,…
If you’ve been involved in the Bitcoin market over the past year, you know of PlusToken. PlusToken was a Ponzi scheme with a focus on the Asian cryptocurrency space that was active in 2019. In offering depositors of Bitcoin, Ethereum, EOS and other cryptocurrencies high levels of interest, the operators of the scam managed to…
Bitcoin’s intense uptrend in recent weeks hasn’t phased its long-term investors, who appear to be holding out for higher prices before they offload their holdings. Data shows that these investors are not yet selling their crypto and are even adding to their long-term stashes as the crypto’s mid-term outlook brightens. Their long-term investment approach is…
Fidelity Digital Assets has released a new report citing the company’s investment thesis for the first-ever cryptocurrency: Bitcoin. According to the finance firm, the crypto asset is an “aspirational store of value.” They also call it an “insurance policy” that may protect wealth against “unknown consequences.” Here’s why the cryptocurrency acts as the best insurance…
Bitcoin and the entire crypto market are currently seeing some quiet price action. This newly established consolidation phase comes close on the heels of the recent surge that send BTC to highs of $11,400. It appears that BTC is struggling to hold above $11,000, as it has been trading beneath this crucial support level for…
Earlier in June, Bloomberg analysts made a bold Bitcoin price prediction, stating that the cryptocurrency could revisit its all-time high near $20,000. The forecast is now receiving further support from a worsening macroeconomic climate. Observers believe that safe-haven assets, as well as equities, could rally further into 2020 because of the TINA effect. It has…
Bitcoin has begun to consolidate after its explosive breakout on Monday. Over the past 48 hours, the leading cryptocurrency has jumped between $10,800 and $11,300, attempting to establish a short-term range. Some fear that this is a sign that the market is reaching a top. After all, Bitcoin failed to pass $11,500 in the recent…