At long last, Bitcoin has finally broken past $10,000. On Saturday night, the cryptocurrency surged into the five-digit region for the first time in months, having trended higher for all of the past week.Over the past few hours, BTC has found itself trying to stabilize above $10,000, pushing as high as $10,200 as late buyers…
There’s no doubt Bitcoin has been on a tear over the past 50 days. Since bottoming at $6,400 in the middle of December, the price of BTC has rocketed higher and higher, surging as high as $9,900 earlier today — inches shy of the key $10,000 price point.According to a number of analyses, however, the…
Over the past few days, Bitcoin has found itself stalling in the low-$9,000s, failing to venture out of a tight range it has been stuck in for the past four days. The below chart from TradingView shows this non-action perfectly.Although some say that this flatlining price action is a precursor to Bitcoin return into the…
Over the past few days, Bitcoin has found itself stalling in the low-$9,000s, seemingly trying to establish a level of support at around $9,200-$9,300. Right now, it seems to be working, with BTC rallying after the price heads into that range.This consolidation, analysts suggest, is likely a precursor to even more gains in the coming…
There was a time when Litecoin was trading alongside the crypto market’s foremost leaders, Bitcoin, Ethereum, and XRP. But over the past few years, since the previous market bubble, the prominent altcoin has suffered.As of the time of writing this article, LTC is now the seventh-largest cryptocurrency by market capitalization — not bad by any…
Like it or not, XRP hasn’t fared too well over the past few years. Since its blow-off top in January of 2018, during which the cryptocurrency traded above $3.00, the price of XRP has crashed, falling to $0.24 where it is now and as low as $0.17. That represents an over 90% drop from the…
There’s no doubt XRP saw poor performance in 2019. During that year, the price of the asset against the U.S. dollar fell by 50%, managing to underperform a swath of traditional asset classes, from stocks and bonds to precious metals and commodities.Because Bitcoin saw a strong 2019, rallying by over 90%, the XRP/BTC pair fell…
May’s halving will reduce the amount of Bitcoin rewarded to miners, and in turn, increase the coin’s scarcity.Considering this scarcity – think supply and demand – as well as historical data of the previous two halvings, Bitcoin’s price may see a remarkable bump in the months following the event.Halving Historically Leads to Massive GainsThe so-called…
Just a day after New Year’s Day, prominent Bitcoin analyst Financial Survivalism (also known as Sawcruhteez) posted the below tweet for the world to see.In it, the pseudonymous trader, who is good friends with Tone Vays and the now-passed Tyler Jenks, claimed that Bitcoin was starting to show signs it was forming a textbook Wyckoff…
Over the past few days, crypto assets — from Bitcoin and Ethereum to Dogecoin and Maker — have surged higher.Since bottoming in the $8,200 range, the leading cryptocurrency BTC has surged as high as $9,425, marking a 15% gain. Although ETH, the second-largest cryptocurrency by market capitalization, has closely trailed Bitcoin, some say that a…