Just when crypto markets were in danger of falling below the crucial $200 billion market capitalization level a massive surge injected over $50 billion back in. The Bitcoin led rally is one of the largest in recent history and nearly all altcoins are enjoying big double digit gains today. Crypto Markets Surge 25% Bitcoin literally…
Bitcoin (BTC) has been caught in the throes of a persisting bear market over the past several weeks and months, and it has failed to garner much significant upwards momentum throughout the course of its recent downtrend. It is important to note that a few fundamental factors are painting a very bullish picture for Bitcoin…
The crypto market is a volatile market, and the emerging class of digital assets can both make millionaires overnight and completely wipe out one’s wealth in days. It’s also a wild west environment, rife with scammers, hackers, and more at every turn. A recent SIM-card hack resulting in a substantial amount of crypto being stolen,…
Jack Dorsey has said “hell no” to the thought of Twitter joining the Libra Association. He also said that he didn’t understand why the project needed its only crypto asset-like currency to deliver on its stated goals. Dorsey said he much preferred decentralised crypto assets. He added that he thought Bitcoin was well on its…
Bitcoin and the aggregated crypto markets have posted a decently strong rally overnight after incurring a steady stream of downwards pressure that has sent BTC to fresh multi-month lows within the lower-$7,000 region. Analysts are now noting that this latest bounce came about after the crypto visited a key long-term support level and are also…
Bitcoin has dropped 8.5% this week but the move has been largely predicted. What is not being predicted just yet is another bear market lasting a year, but today’s death cross may indicate otherwise as that is exactly what happened the last time one appeared. Bitcoin Death Cross Today Like a scene from The Revenant,…
Bitcoin (BTC) has been caught in a firm downtrend ever since it set a yearly high at $13,800, with the cryptocurrency continually facing significant downwards pressure that has forced it to drop to fresh multi-month lows of just above $7,000 over the past 24-hours. Analysts are now noting that increasing regulatory scrutiny surrounding Bitcoin and…
Bitcoin (BTC) and the aggregated crypto market has incurred a notable influx of selling pressure over the past 24-hours that has caused significant technical damage to many of the cryptocurrencies, with multiple prominent analysts claiming that this latest drop has opened the gates for further losses. Although it is not unusual for analysts to flip…
Binance has added its first fiat currency trading pair. Nigerian users of the platform will now be able to deposit using their local currency, the naira, at the popular crypto trading venue. Previously, users of the platform have only been able to trade cryptocurrency for other cryptocurrency. However, that looks set to change with today’s…
A zoomed out version of the bitcoin chart shows it would take the cryptocurrency another 365 days to achieve a full-fledged upside breakout. Brought to notice by Teddy Cleps, a prominent cryptocurrency analyst, the weekly Bitcoin chart shows the possibility of it forming a massive bullish pennant. In retrospective, a Pennant structure marks a pause…