Bitcoin’s massive upwards momentum that was first incurred when BTC bounced from its recently established lows of $6,400 has begun showing signs of faltering, as buyers have been unable to maintain the momentum as bears ramp up the selling pressure.It is important to note that one technical indicator is flashing a sign that BTC may…
Bitcoin’s upcoming mining rewards halving – which is slated to occur in May of 2020 – has long been looked upon as a catalyst for next major BTC bull run, primarily due to the historical precedent of these events.In spite of this, one research group is now noting that the direct fundamental impact on Bitcoin’s…
FinTech startup Ripple announced today that they are capping off a “record” year with a $200 million Series C fundraising round, which was completed in hopes of providing them with more flexibility to help continue building their operations on a global scale.This fundraising round comes concurrently with significant community criticism of the company’s regular market…
Bitcoin’s buyers have been ardently defending the cryptocurrency’s newfound position within the $7,000 region, as it appears that selling pressure has been ramping up in the time following BTC’s surge from lows of $6,400.Although the bounce at this level was certainly a bullish sign, it is important to note that the momentum that resulted from…
Bitcoin’s bulls have lost the overwhelming strength they incurred yesterday when they propelled BTC off of its recent lows of $6,400, as the crypto has now lost nearly all of the momentum that it incurred during the course of this fleeing rally.It is important to note that this recent rally marked an ardent defense of…
Institutions have long been looked upon by Bitcoin and crypto investors as a mysterious force that would help catalyze the next major bull run. Throughout 2019, however, there was much less brazen institutional involvement than was previously expected, which greatly disappointed embattled investors.In spite of this, a recent report from a digital asset management group…
The cryptocurrency market is has a wild west atmosphere, rife with hackers, cybercriminals, and scammers galore.The developer of a new altcoin project called HEX – accused of being a widespread scam – has now left the project and is sharing his thoughts about why he made the decision for a departure.HEX Developer Departs Cryptocurrency Project…
Lacking any central authority for either issuance or custody, Bitcoin has often been described as resistant to confiscation. Recent news out of Hong Kong highlights the importance of such qualities, particularly in an increasingly divided world.Authorities in the Chinese Special Administrative Region have frozen almost US$9 million of donations received by protesters in Hong Kong.…
The cryptocurrency markets have been caught in the throes of immense volatility over the past few days, with Bitcoin plummeting to lows of $6,400 earlier this morning before posting a strong rally back up towards $7,000.With the exception of Bitcoin’s recovery today, this volatile price action has primarily favored sellers. The ongoing downtrend may be…
Bitcoin experienced a sharp and sudden drop earlier this morning that led the crypto as low as $6,400, and its reaction to this level has provided some much-needed validation for embattled bulls who feared that BTC would experience significantly further losses.Much to the chagrin of bears, analysts are noting that Bitcoin may be positioned for…