If a fractal plays out on Bitcoin price charts matching the previous halving post-consolidation breakout, the cryptocurrency could keep on climbing from here. The target, if the rally takes a similar path, would put valuations of the top cryptocurrency at between $15,000 to $17,000 before peaking. Bitcoin Breaks Out: What Happens Next Will Be Fast…
Another week, another round of Crypto Tidbits. It’s been an explosive week for the Bitcoin and crypto market, to say the very least. Bitcoin surged from under $10,000 to as high as $11,500 this week. Over the past seven days, the asset has gained approximately 20% — the best weekly performance in many months. Chart of…
One of the biggest crypto narratives over the past few months has been decentralized finance — better known as “DeFi.” Coins pertaining to this segment of the blockchain space have gone parabolic and users of DeFi protocols have shot up. Coinbase, seemingly, is taking notice. The leading crypto-asset exchange announced that it is looking to…
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…
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…
It’s been an explosive past few weeks for the crypto market. While much focus has been put on Bitcoin and Ethereum, altcoins have also performed extremely well, with some rallying hundreds of percent or thousands of percent in literal days. Although much of this growth has been through legitimate projects, the U.S. Securities and Exchange…
Bitcoin’s signature volatility is finally returning, but not even the crypto market has been pumping like Kodak stocks. The photography powerhouse surged Wednesday as high as 500% intraday following news the Trump administration tapped the firm to produce generic pharmaceuticals. The film and photography brand’s share prices surging brings back memories of the now-defunct KodakCoin…
IOTA, a transaction settlement token for the Internet of Things (IoT), has surged by more than 400 percent from its March 2020 nadir. Its price rally this week led to the formation of its first Golden Cross on a weekly chart. Technically, the moving average crossover indicates a bullish continuation in the coming sessions. IOTA…
Ahead of the United States’ second round of economic stimulus, gold and Bitcoin exploded as the dollar fell. According to financial analysts, after setting a new record the gold rally may be peaking, leaving room for the cryptocurrency market to catch up to precious metals. Here are five important factors why Bitcoin will outperform gold…