Crypto markets retreating this Saturday; Bitcoin Cash, SV and Waves getting bashed, Tron still afloat. It was to be expected, the start of this weekend has seen the beginning of a pullback from five days of solid gains for cryptocurrency markets. Total market capitalization has dropped back below $130 billion as traders take short term…
As the crypto market bounced en bloc, this industry’s news cycle has been starting to look lively yet again. Rob Paone, better known as “Crypto Bobby,” recently explained that this week’s industry developments have been “big,” and in stark contrast to prices, insiders continue to “hunker down” to build bonafide valuable products, platforms, and services.…
A market pullback from five days of solid gains was inevitable. A few hours ago Bitcoin broke through support and dropped below $4,000 pulling all cryptos in the top twenty five down with it. All except one that is as Tron is resisting the rout and posting solid gains today. TRX On The Up According…
2018 has been a rough year for the crypto markets, with Bitcoin, the market’s largest digital asset by market cap, falling from highs of nearly $20,000 one year ago to recently established lows of just over $3,000. The tumultuous market conditions throughout 2018 have disheartened many investors and has led the industry as a whole to…
Billionaire investor and all-round cryptocurrency advocate Tim Draper has recently announced that he has invested in a Bitcoin payment processing platform. OpenNode aims to make it easier for regular companies to accept payments using Bitcoin. Draper backed the company through his own firm, Draper Associates, to the tune of $1.25 million. The long-time Bitcoin bull…
As Bitcoin (BTC) plummeted heading into December, investors thought that the visions of a Santa Claus rally were going to be quashed. Yet, in an unexpected turnaround, the crypto market at large has undergone a reversal, with BTC moving 25% higher in a week’s time. Speaking in the context of this seeming “relief rally,” Coinbase’s president,…
Bitcoin has been able to hold above $4,000 following its recent upwards swing that sent it up nearly 30% from its recently established 2018 lows. Despite being able to hold above $4,000, Bitcoin’s upwards momentum was not able to sustain into Friday, and its recent rally has stalled. At the time of writing, Bitcoin is…
Over the past week, as the holiday season has drawn ever nearer, Bitcoin (BTC) and its crypto asset brethren have started to see a drastic uptick in buying pressure. Within a week’s time, BTC, which found a year-to-date low at ~$3150 last week, has recovered to the $4,000-$4,100 range. Many commentators and market analysts have…
The Bitcoin price appears to have bottomed out near the $3,000-level after falling more than 80% this year. The digital currency at press time is trading above $4,000, up over 30% within just a week. It is clear that traders interested in the long-term aspect of Bitcoin have bought the dip. As a result, in…
Many had predicted a year end Santa rally for Bitcoin and crypto markets. It appears that this has kicked in over the past few days as most cryptos are making daily gains. The big question however is how long will this rally last? Bitcoin Santa Rally Welcomed but Cautioned A gain of 25% in less…