The recent Bitcoin-induced bull market has led many smaller altcoins to begin surging, making the current market condition look strikingly similar to that seen in 2017 when BTC’s rally allowed other cryptocurrencies to incur parabolic uptrends.One example of a relatively small crypto that has seen insane gains over the past couple of days is Hedera…
Bitcoin has seen an insane uptrend throughout 2020, with its momentum reaching a fever pitch after BTC broke above $10,000 this past weekend. In the time since breaking this critical level, BTC has begun stabilizing, giving other cryptocurrencies the chance to incur some massive rallies.In the near-term, despite the overt bullishness of the aggregated crypto…
The crypto markets are currently caught within an intense uptrend that echoes the feeling of the early stages of the 2017 rally, with altcoins like XRP and others following Bitcoin’s lead and posting massive gains on a daily basis.XRP, which was one of the worst performing major altcoins in 2019, is now shaping up to…
In recent weeks, the one factor that prevented analysts from considering a new bull run was starting across cryptocurrency assets like Bitcoin and Ethereum, was a lack of new money entering the market.However, a premium on Ethereum prices on Coinbase suggests that fiat inflow has begun pouring into the exchange, and could cause an explosive…
In case you missed, the crypto asset industry is getting remarkably bullish once again. With the price of Bitcoin crossing the psychologically important $10,000 mark twice in less than a week, many observers are bracing themselves for higher prices.Amongst those optimistic for the future of Bitcoin are the five panellists appearing on CNBC’s “Fast Money”…
Bitcoin reached its highest level this year on Wednesday after it breached above its psychological resistance of $10,000.The cryptocurrency settled a fresh year-to-date high of circa $10,483, bringing its net yearly gains up by 46.91 percent. The move uphill came as investors pacified their nerves over the coronavirus epidemic that has killed more than 1,000…
Bitcoin saw a massive movement today that led the cryptocurrency to reclaim its position within the coveted five-figure price region, with the latest rally allowing BTC to set fresh 2020 highs at $10,400.One byproduct of this rally has been an explosive surge in search volumes for the phrase “buy Bitcoin,” which is an indicator that…
Banking giant JPMorgan has offered mixed signals when it comes to their thoughts on cryptocurrencies, with the bank’s CEO frequently bashing Bitcoin and other cryptocurrencies, despite offering their own intra-bank digital asset dubbed JPM Coin that is built upon the Ethereum (ETH) blockchain.Now, it appears the JPMorgan could be dipping its toes into the Ethereum…
Bitcoin (BTC) has seen intense volatility over the past few days, with bulls propelling the crypto to highs of $10,200 before bears fought back and forced it down to lows of $9,700. In the time since, it appears that the crypto may be entering a bout of sideways trading.It is important to note that there…
Bitcoin price this week made a strong push above the important psychological resistance level of $10,000 but failed to hold it as support.While the cryptocurrency fell back below after a strong rejection and flash crash, two bullish factors are pointing to a revisit to above $10,000 in the very near term.Bitcoin Price Forms Bullish Wedge,…