In just around nine months, Bitcoin (BTC) will see its next block reward reduction — dubbed “halving”. Despite this rapidly approaching bullish event, however, the cryptocurrency market has stagnated, establishing a trading range. Related Reading: Bitcoin: Crypto-Like Global Monetary System To Be a Boon For BTC But a model from PlanB suggests that should history…
Just 72 hours ago, Bitcoin investors were bullish. After remaining in the low-$10,000s for a number of days, the cryptocurrency suddenly broke out, moving past key resistances. It even tapped $11,000 after a surge of buying pressure. This surge higher made some analysts bullish, as the reclamation of $10,800 and other key technical levels was…
Ethereum hasn’t done too well over the past year. Since peaking at $1,400 and nearly “flipping” Bitcoin, the cryptocurrency has embarked on a steep downtrend, shedding a large majority of its value as demand has tapered off. In fact, one ETH is now valued at under 0.02 BTC — a level not seen since the…
A market wide dump this Wednesday has seen $15 billion exit crypto markets as Bitcoin leads them back down again. The choppy conditions have continued and BTC has remained range bound for now but this could be its fifth foray into four figure prices. Weekly Crypto Gains Wiped Out Since the weekend, BTC has been…
For the umpteenth time Bitcoin has dumped double digits in a single day … again. Yet the FUD and panic still pervades the scene like a bleak cloud of despair that will be blown away and forgotten within a week. A Fourth Dip to Four Figures Since the big rally begun in early April, Bitcoin…
A bad day for Bitcoin usually spells a nightmare for the rest of the cryptocurrencies. That appears to be exactly what is happening this Thursday on crypto markets as BTC falls to four figures while altcoins get absolutely annihilated. Double Digit Dump For Crypto This time yesterday total crypto market capitalization was over $280 billion.…
There has only been one mover and shaker in the world of cryptocurrencies over the past month or so. All eyes have been on Bitcoin while its smaller siblings have been eroded as altcoins remain in deep hibernation. Big Potential on Bitcoin Cash Chart BCH is one of today’s top crypto assets in terms of…
Bitcoin has continued to tear higher. As of the time of writing this, the flagship cryptocurrency is up 5% in the past 24 hours, finding itself trading for $12,500 a piece. Altcoins, interestingly, have not followed suit, perpetuating a trend of non-BTC crypto assets underperforming as Bitcoin sees a strong performance. As seen in the…
All eyes have been on Bitcoin today as the king of crypto cranked ten percent to tap $11,800 during earlier Asian trading. The altcoins have been slow to react as usual but they are starting to wake up now with Litecoin leading the way in a post-halving pump. Litecoin Spikes 14 Percent Usually price pumps…
Weekend trading for Bitcoin has been bullish but things really started to take off during Asian trading this morning. As BTC tapped a twenty four day high, it is now only $2k away from its 2019 peak and reaching it this week is not out of the question. BTC Taps $11,800 Bitcoin has not looked…