Following the recent bullish momentum experienced by the entire cryptocurrency markets that was driven by bullish Bitcoin (BTC) price action, the markets have now experienced a somewhat minor pullback that has led most cryptos to drop. Although the markets are currently taking a breather, one widely used indicator may signal that Bitcoin is ready to…
Ever-the-optimist when it comes to crypto, Tom Lee has stated that he thinks a fair price for Bitcoin is $14,000. He bases this opinion on the cost to mine a Bitcoin and what he considers a traditional markup on commodities. The managing partner and head of research at Fundstrat Global Advisors also stated that the…
Last year, Charlie Lee, the creator of Litecoin, sold all his LTC holdings in a now-infamous move. While the crypto insider attributed this sudden move, which came as Bitcoin (BTC) effectively peaked, to a bid to avoid conflicts of interest, affirming that he believes in the cryptocurrency of his creation, many called for Litecoin to…
It only took a day for the Bitcoin bashers to emerge from their caves and start spreading fear, uncertainty and doubt again. After four months of inactivity crypto markets came alive again this week and headed upwards to reach new 2019 highs. This was enough it seems for the mainstream media dogs to start spewing…
Crypto markets remain buoyant; Bitcoin Cash and Litecoin ripping it at the moment, Dogecoin gets a new listing. The major pullback that was expected after such a huge rally has not materialized just yet. Crypto markets are still holding gains made this week and a couple of higher cap altcoins are pushing even further. Total…
After yesterday’s monumental price surge that led Bitcoin to surge from the low-$4,000 region and past $5,000, there has been a lot of noise as to whether or not this move confirms the end of the persisting bear market – and if so, whether or not BTC will begin moving towards its late-2017 highs of…
Two commissioners at the US SEC have published digital asset guidelines to help those launching or investing in various cryptos decide whether they fall under existing securities legislation. Whilst not an official SEC ruling, the commissioners behind the guidelines hope that they will aid market participants in determining the legality of a digital asset investment…
In case you haven’t noticed already, the crypto markets have been absolutely on fire over the last couple of days. The entire market for all digital coins and tokens has increased by more than an impressive $22.1 billion in just the first few days of April. Whilst most the top ten digital assets by market…
Following on from accusations of fake bitcoin trading volume, crypto data specialists Messari are fighting back in a bid to re-establish industry integrity. They have announced the launch of two unique metrics to help crypto investors make better-informed decisions. Furthermore, CoinMarketCap has also sought to reassure users by committing to changes in the way they…
Thousands in the broader crypto industry turned bullish on Tuesday morning as Bitcoin (BTC) rapidly surmounted $5,000, in what some have called a “black swan event” — an occurrence that is unpredictable but has dramatic ramifications on its surroundings. While technicals were the primary driver behind this move, all eyes remain on fundamentals, as this…