A new Bitcoin scam has emerged on YouTube, using the name of Elon Musk and his company SpaceX. The video is a live stream of a legitimate SpaceX event with Bitcoin addresses superimposed on the video asking viewers to send Bitcoin in order to join a “live conference.”Another Elon Musk Bitcoin Scam Attracts 33,000 viewersViewers…
Browsing through crypto Twitter or any Bitcoin or cryptocurrency-related subreddit, lately, there’s been talk of an altcoin season brewing right under the noses of crypto investors everywhere.However, a bull flag forming on BTC dominance could not only keep an alt season from occurring, but it could also deal altcoins a crushing blow and bring their…
Bitcoin is surging and it recently tested the $9,400 support area against the US Dollar. BTC price is likely to continue higher towards $10,000 as long as it is above the 100 hourly SMA.Bitcoin is showing positive signs above the $9,650 and $9,700 levels.There was a sharp rebound after the price declined towards the $9,400…
After fears of “capitulation” passed over the market, Bitcoin miners are back in the game, activating new hardware once again after May’s block reward halving.There’s been such a high amount of activity in the mining space that according to Bitcoin data analyst Digitalik.net, blocks are being mined (on average) at their fastest rate since June…
Bitcoin’s price action has been rather volatile over the past two weeks, with the asset whipsawing between the $8,000s and $10,000s.In the past week alone there was approximately $250 million worth of position liquidations on BitMEX alone due to the volatility, according to data shared by crypto derivatives tracker Skew.com.Yet the price action has actually…
After plunging on Sunday morning, Bitcoin has mounted a strong comeback over the past two hours that has seen it reverse the earlier losses.In the past 30 minutes, the cryptocurrency has rallied from $9,540 to a high of $9,800 — a 2.7% move. And since the daily lows of ~$9,370, the asset is up just…
Bitcoin price continues to fail to breach above $10,000 and hold. The last time the cryptocurrency held for consecutive daily closes above the key level, was in February 2020 before the Black Thursday collapse.During that time, the Nasdaq composite and other major stock indices set a record for a new all-time high. This past week,…
Even though Bitcoin is up more than 150% from March’s lows, analysts have still been questioning if it is just a matter of time before the bear trend continues.A trader that months before March called for Bitcoin to fall to the $3,000s and for XRP to reach $0.11 recently touched on this. He indicated in the…
Bitcoin corrected lower, but it remained well bid above the $9,300 level against the US Dollar. BTC is currently consolidating and preparing for the next key break.Bitcoin is facing a couple of key hurdles near the $9,700 and $9,800 levels.The price is likely to find a strong support near the $9,400 level and the 100…
On June 1st, Bitcoin surged just under $1,000 in mere hours, rallying from $9,500 to a high of $10,400. It was a move that made analysts immediately flip bullish on the flagship cryptocurrency.Chief executive of Real Vision Raoul Pal shared the below chart in the wake of the move with the following comment:“Here it is on…