After incurring a bout of capitulation throughout the latter part of yesterday, Bitcoin (BTC) has been able to post a decently strong rally that has allowed it to recapture its position within the lower-$7,000 region, and its recent lows may ultimately mark a long-term bottom for the crypto. It is important to note that the…
There are a number of sound investment strategies a crypto investor may choose to gain exposure to Bitcoin and other cryptocurrencies, depending on important factors such as risk appetite or income level. Those who jump into Bitcoin investing without a plan can result in significant losses. However, one of even the slowest, and safest methods…
Bitcoin has been facing intense volatility over the past month, which first began when it incurred an explosive rally that sent it from $7,300 to highs of $10,600. In the time since this occurred, BTC’s bears have been firmly in control, erasing nearly all of the gains that were produced in this rally. In the…
After facing a sharp drop into the upper-$6,000 region yesterday morning, Bitcoin’s bulls have stepped up and propelled the crypto higher, laying the foundations for the cryptocurrency’s recent lows to be a mid-term bottom for BTC. Analysts now widely expect Bitcoin to see further gains in the short-term, but it is important to note that…
Ethereum (ETH) has been incurring significant selling pressure over the past couple of weeks, mirroring the bearish price action that Bitcoin has been facing in the time since it plummeted from its recent highs of $10,600. Analysts are now noting that Ethereum may be positioned for significantly further losses in the near-term, with one analyst…
A man suspected of online piracy has had almost US$4.3 million in cryptocurrency seized by authorities in New Zealand. Police also seized a further $700,000 in bank funds. The funds were restrained by the Criminal Proceeds Recovery act. It is by far the largest seizure of cryptocurrency ever in New Zealand. NZ Authorities Seize Online…
Bitcoin (BTC) has found itself caught firmly within a bearish downtrend over the past several weeks, which has led its price to plummet down to $7,000, with today’s drop marking a full retrace of the gains that were incurred in late-October. Analysts are now noting that Bitcoin is currently trading at a key long-term technical…
David Bull CBE, has just announced that he will be working with the crypto asset startup Electroneum. The former UNICEF UK CEO says he is optimistic about the project and thinks that it will help to deliver on Sustainable Development Goals aimed at increasing the standard of living for the planet’s poorest by 2030. Bull…
It’s not uncommon for technical crypto analysts to compare Bitcoin price charts with that of other assets hoping to draw some comparisons that an actionable strategy can be derived from. The leading crypto asset by market cap has been closely following the price action of early Nokia stocks, and if Bitcoin continues to follow the…
The crypto market this morning is a sea of red, following a massive breakdown by the leading cryptocurrency by market cap, Bitcoin. The market leader breaking down has led to as much as 10% declines across the board in most altcoins, including Ethereum, EOS, Binance Coin, and many others. Is this time to buy the…