Bitcoin and the aggregated crypto markets have been incurring significant volatility as of late that has made it increasingly unclear as to which direction BTC is heading and has even made it difficult to know whether bulls or bears are in control. Although Bitcoin’s recent drop to $9,100 certainly signaled that the crypto’s bears have…
The crypto industry was taken aback earlier today when news broke regarding popular leveraged crypto trading exchange, BitMEX, being investigated by regulatory authorities in the United States. Importantly, news regarding this investigation came about shortly after top officials within the US government criticized the nascent crypto markets, with the Treasury Secretary warning that they would…
Bitcoin price started a strong recovery and broke the key $10,000 resistance area against the US Dollar. The price surged more than 10% and broke the $10,500 resistance to test $10,800. There was a break above a major bearish trend line with resistance near $9,800 on the hourly chart of the BTC/USD pair (data feed…
The total crypto market cap started a decent recovery and broke the key $260.0B resistance. Bitcoin price rallied around 10% and broke the $10,000 and $10,500 resistance levels. EOS price recovered steadily and even broke the $4.00 resistance area. BCH price is up more than 5% and it recently cleared the $300 resistance. Tron (TRX)…
Bitcoin (BTC) is crumbling The success of Facebook’s Libra instrumental for Bitcoin Under attack for their reckless past, the success of Facebook will be immense for cryptocurrencies and Bitcoin. Even so, privacy is prime. Safeguarding personal data is a top priority. At the moment, the secure BTC is stable, bouncing back after this week’s rout.…
Bitcoin’s recent bout of downwards pressure has now sent its price decisively below $10,000, which appears to have marked the end of the long period of bullish momentum that BTC has experienced over the past several weeks. Importantly, the recent drop has been leading many analysts to believe that the cryptocurrency has violated the parabolic…
The total crypto market cap declined heavily and even broke the $250.0B support area. Bitcoin price settled below the $10,000 support level and spiked towards $9,200. Binance coin (BNB) price dived more than 10% and even broke the $25.00 support level. Litecoin (LTC) price broke the key $90.00 and $85.00 support levels to enter a…
Bitcoin (BTC) is down 14.8 percent Steven Mnuchin is calling for cryptocurrency oversight and compliance Eventual regulation of cryptocurrencies in the US, following Steven Mnuchin presser, could have far-reaching consequences on Bitcoin and cryptocurrencies. In the meantime, BTC is on edge and may slide to $9,500. Bitcoin Price Analysis Fundamentals From launch, Bitcoin is considered…
Bitcoin has made a bit of a recovery today in the wake of comments by US Treasury Secretary Steve Mnuchin. The 8 percent pump has left altcoins in the digital dust again as BTC market share knocks on the door of 70 percent. Bitcoin Briefly Back at $11,000 This time yesterday Bitcoin was trading very…
Bitcoin price started a decent upside correction after trading as low as $9,784 against the US Dollar. The price traded above the $10,500 and $10,800 resistance levels to start the recent recovery. Yesterday’s highlighted major bearish trend line was breached with resistance near $10,680 on the hourly chart of the BTC/USD pair (data feed from…