In a shocking turn of events, Binance CEO Changpeng Zhao has agreed to step down from the crypto exchange and has plead guilty to “violating US anti-money laundering requirements.” The news is currently being priced into the crypto market, leading to extreme volatility in Bitcoin and altcoins, plus a lot of chatter on social media.…
Bitcoin price has made an intraday move higher, pushing above the Ichimoku cloud on BTC CME Futures daily charts. This signal in the past sent the entire cryptocurrency market soaring higher. Will crypto once again continue to storm ahead, or is it about to rain more pain on investors? Bitcoin Storms Above $28,000 After Technical…
Bitcoin price just tanked just as US President Donald Trump crushed hopes of the stimulus round two. In just 20 minutes from the time the President tweeted, the price of the leading cryptocurrency plunged $200. Here’s what’s at risk if Bitcoin drops lower. BTCUSD $200 Drop in 20 Minutes | Source: TradingView Trump Tweet Tanks…
The dollar sank in July to the lowest point in two years in response to more stimulus money being printed to inflate the economy. At the same time, Bitcoin spiked to the highest level in over a year. The dollar has since bounced, and the leading cryptocurrency by market cap experienced its first powerful pullback…
Bitcoin price is currently trading at a substantial premium on South Korean crypto exchanges – more than $6,000 per coin in USD equivalent. However, in the past this so-called “Kimchi Premium” has signaled the end of the bull trend. Is this a sign that things across the crypto market could soon turn bearish? Or is…
Bitcoin price continues to be propelled higher from aggressive dip buyers looking to ride the new bull market beyond $20K. But first, the cryptocurrency has to get through just under $16K where it was stopped in its tracks just days ago. Today, the cryptocurrency is back at the key level and making its third attempt…
Bitcoin price is struggling to get back over $60,000 where the current all-time high record stands. However, according to one top crypto researcher’s take on the cryptocurrency’s Energy Value, the top is still as much as 350% away from here. A rise from current prices by 350% as predicted, would bring the price per coin…
With only a 30% pullback on the books, it is hard to consider the most recent consolidation phase in Bitcoin much of a correction. But whatever base is currently being built within this range, could act as the next bear market botton after the leading cryptocurrency by market cap tops out and the cycle restarts…
Bitcoin price is still trading well above $30,000 after a nearly $5,000 retreat from highs set at the turn of the new year. But during the first decent-sized correction in the cryptocurrency since $20,000 was broken, one “parabolic” indicator could be suggesting that the daily uptrend has been lost. Here’s a closer look at the…
Bitcoin price recently set a new high for 2020 but has since pulled back to just under $12,000. However, the cryptocurrency is slightly “ahead of schedule,” according to a top crypto expert and former Google engineer. Because the asset is further beyond in its cycle “trajectory,” it could mean that there’s still more downside to…