Bitcoin recently had a crash below $30k this week. For the first time since January 2021. $30k had been the stronghold for the coin for a long time since bitcoin began its descent down for its $64k all-time high. A good holding point to make sure that bitcoin does not crash into a bear market.…
The past week has been a brutal one for bitcoin and crypto in general. The market has taken hit after hit. So much so that it’s starting to seem like there is no end in sight. Coins have been falling at high percentages. It brings back a popular saying in the financial markets; “there’s blood…
More than $1 billion in crypto positions was liquidated last night which has led to a plunge in the market. Bitcoin price currently sits at a little above $32k, losing nine percent of its value. While Ethereum’s price currently sits at 2$k. Losing 10 percent of its value overnight. Twitter user Lex Moskovski tweeted a…
The Bitcoin Mining Council has publicized its aim to tackle negative media narratives. In its inaugural meeting which was hosted on Twitter Spaces, the council discussed bad press that has been surrounding Bitcoin and its mining in the past weeks. The China crackdown has led to the shut down of a number of mining farms.…
Technical analyst John Bolinger says that the price of Bitcoin is trying to move up. He pointed out that the first real target is the bottom side of the prior. This means the $48k to $50k range. This was in response to a tweet from BigCheds on Twitter which posted a candlestick chart showing Bitcoin’s…
Billionaire Tim Draper has doubled down on his prediction that Bitcoin will reach $250,000 by the end of 2022. Draper first made this prediction in 2018 when Bitcoin’s price was still trending below $10,000. Being a venture capitalist and tech investor, Draper has always had faith in the coin. Always taking any opportunity he could…
Bitcoin price pulled back in the early trading session Tuesday after logging a strong opening for the weekend a day before.The corrective action appeared as the rising number of COVID cases in the US prompted the Federal Reserve to make a stark warning.The central bank said the trajectory of the US’s economic recovery would be…