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Crypto Analyst Says Bitcoin Price Still Depends on Stock Market as Correlation still Intact
Bitcoin experienced a severe crash last week alongside the stock market which was responding to the COVID-19 pandemic that has led to record crashes in stock prices. The crash in BTC price suggested its correlation with the stock market although some have argued that this is not the case. The number one cryptocurrency was on […] дальше »
2020-3-23 00:42
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Bitcoin Sheds 10% After Rejection At $6,800, Where Next For BTC Price?
This week the crypto market was thrown a lifeline. After weeks of setting a bearish trend, the market bust out. Starting Wednesday, the top coin Bitcoin climbed from $5,200 to reach its recent high of $6,800 on Friday. дальше »
2020-3-22 15:28
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New Evidence Shows Bitcoin Sell-Off Triggered By Newer Market Entrants
Bitcoin recorded one of its greatest single-day loss last Thursday, March 12, after its price plunged by over 50%. The huge decline was a result of a massive sell-off in the bitcoin market triggered by concerns of an impending global economic crisis due to the mass spread of the coronavirus epidemic. The selling pressure was […] дальше »
2020-3-19 18:49
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Bitcoin Correlation To Traditional Markets Decoupling, But Altcoins Lead Recovery
The crypto market is looking solid. A majority of cryptocurrencies are in the green zone. Leading the road to recovery are altcoins. While Bitcoin is recording a modest gain of just over 2%, top altcoins are up by 5% to 20%. дальше »
2020-3-19 14:11
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Institutional Investors Primarily Fueled Recent Bitcoin Bloodbath – But There Is A Silver Lining
The bitcoin(BTC) price got hammered last week in an epic sell-off that sent shock-waves to investors and traders. There are a number of theories that explain why the flagship cryptocurrency plunged to unforeseen levels. дальше »
2020-3-19 09:58
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Long-Term Investors Have Been Accumulating Bitcoin, Unfazed By Market Sell-Off: Report
Long-term BTC investors have been stocking up on sats, despite the steep drop in crypto prices over the past week. Bitcoin endured a brutal sell-off that saw it lose at least 35% from the $8,000 level that had been holding strong. дальше »
2020-3-18 17:39
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Bitcoin Relief Rally Above $5K Unsustainable; A Further 50% Drop Expected To Reach Bottom
In the last few weeks, Bitcoin has suffered a more than 60% drop from its year high $10,000. Last week, Bitcoin suffered its worst drop as it dipped below $5,000. A relief rally at the start of the week held much promise. дальше »
2020-3-18 14:58
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Fed’s Sudden Rate Cut Plays Right Into The Bitcoin Halving
The US Federal Reserve (Fed) announced on Sunday March 15, that it is dropping the benchmark interest rate to zero. The Fed also launched a new round of quantitative easing program that involves buying $700 billion worth of assets in a bid to stabilize the financial market. дальше »
2020-3-17 17:46
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Bitcoin’s Fear And Greed Index Suggests BTC Price Might Take A While To Recover
While the global stock market, major economic sectors, and world economies take a hit amid strong rumors of a looming economic recession, the crypto market especially Bitcoin has had struggles of its own. дальше »
2020-3-16 01:13
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The Bitcoin Dip Is Here, But Who’s Buying It?
The last few days have been quite a rollercoaster for Bitcoin, with prices fluctuating rapidly. Before the flash crash a few days ago, Bitcoin had hit the highs of $10,500 and was all ready to cruise for the $15,000 target. дальше »
2020-3-16 23:30
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Bitcoin Investors Show Great Resilience As Markets Rise
The crypto market experienced its worst single-day loss on March 12 as multiple cryptocurrencies prices plunged by more than 30% within 24 hours. Bitcoin alone lost around half its value while approximately $100 billion was wiped out of the entire market. дальше »
2020-3-14 22:00
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Dan Tapiero Trumpets Bitcoin (BTC) As The ‘Only True Free Market In The World’
The price action witnessed in the bitcoin market over the last few days has been historic. Bitcoin (BTC) slumped to as low as $3,700 yesterday, before rebounding above $5K in a span of minutes. A similar trend was seen in the traditional markets with the Dow Jones experiencing its worst day since the “Black Monday” […] дальше »
2020-3-14 00:19
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Fed To Inject A Whopping $1.5 Trillion Into Financial Markets. This Is Why Bitcoin Is Important
History is unfolding right before our eyes. In years to come, several books will be authored regarding the happenings of the financial markets as it is. Yesterday, bitcoin endured heavy clobbering alongside traditional markets and safe-haven assets as coronavirus headlines stole the show. дальше »
2020-3-13 10:09
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Bitcoin Mirrors Risk Assets as Trump Bans Travel From Europe
Bitcoin (BTC) price continues to move in tandem with assets like securities following Trump’s announcement banning all travels from Europe to the US. Analysts observed that Bitcoin underwent a major sell-off mirroring that of US stocks thus acting like a risk-on asset. дальше »
2020-3-13 14:25
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Top Bitcoin, Blockchain and Cryptocurrency News Stories From February
February was the month when fear gripped financial markets; with stock markets tumbling in the face of worldwide fears of Coronavirus. But that didn't halt progress towards further development and regulations. дальше »
2020-3-12 23:36
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FOMO and Why Bitcoin Price Is Still On Bullish Track Despite Recent Poor Market Performance
Bitcoin (BTC) price action in the past three weeks has raised concerns about the long-term outlook of the leading cryptocurrency. The digital asset has failed to maintain an upward momentum since late February and now risks reversing its 2020 bullish trend. дальше »
2020-3-13 23:13
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Bitcoin Falls 3% As Bank Of England’s Emergency Rate Cuts Fail To Dazzle
The Bank of England has announced an emergency rate cut to shore up the negative impact of the coronavirus epidemic. The BoE made the rate cut on Wednesday, slashing the rate by 50 basis points (bps) from 0. дальше »
2020-3-13 17:29
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How Bitcoin Could Finally Surpass $20,000 In 2020
Bitcoin has been tipped to surpass the $20,000 mark for years ever since its historic rise which saw its price reach $19,498.63 on December 18, 2017. The most prominent cryptocurrency has since being tasked by investors and envisions to break that boundary but has failed to do so for some years now. Bitcoin sees many […] дальше »
2020-3-13 12:02
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Bitcoin Options Volume Skyrockets, Hits All-Time High Of $198 Million
Bitcoin (BTC) achieved yet another milestone yesterday as the digital asset’s options skyrocketed to hit its highest daily volume to date. According to data provided by cryptocurrency research firm Skew via its Twitter page, nearly $200 million worth of Bitcoin options were traded on March 9. дальше »
2020-3-10 20:43
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Bitcoin Price Sees Mild Recovery Bounce Above $8,000 Amid Global Market Turmoil
Bitcoin suffered a big hit in the last 3 days crashing down to $7,635 but it wasn’t the only asset to plummet, in fact, most of the traditional stock market suffered even harder than Bitcoin with Oil being down 34% and the S&P 500 suffering the biggest plunge since the 2008 financial crisis. It seems […] дальше »
2020-3-10 16:21
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Bitcoin Boom: New York FED Ups Daily Overnight Repos By 50% To Cushion Markets
The world is facing a financial crisis as markets continue to crash. World governments led by the U. S are using every financial tool at their disposal to try and mitigate the downfall. Through the FED, the U. дальше »
2020-3-10 17:26
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Bitcoin Price Collapses Under $8,000 Amid Global Turmoil; Where Analysts Say BTC Goes Next
The past day has been unnerving for bitcoin investors, to say the least. After losing support at the $9,000 level, BTC price swiftly cascaded below $8,000. At press time, the king of cryptocurrencies is trading at $7,894. дальше »
2020-3-10 15:58
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Three Simple Reasons Why Bitcoin Feels Bearish Sub-$9,000
The crypto market saw impressive gains in February. After soaring for weeks whilst the stock markets succumbed to intense selling pressure, cryptocurrencies finally joined in on the proverbial bleeding party. дальше »
2020-3-9 21:25
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Bitcoin (BTC) Bounces Back Above $9,000; Is Another Pre-Halving Rally Underway?
After attempting to reclaim the $9,000 level a couple of times with no success, the bulls finally gained enough momentum to push the price slightly above $9K on March 5. Bitcoin (BTC) hit a local high of $9,137 a few hours ago. дальше »
2020-3-6 21:28
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Bitcoin’s Bullish Cycle Returns In Full Force As Market Pundit Projects $100k BTC Price
Another bullish forecast for Bitcoin has been unveiled as its price draws closer to $10k after surging above $9,000. According to popular crypto analyst Willy Woo, Bitcoin’s bull market has already begun and before it is over, he believes that the king coin will hit $135,000. дальше »
2020-3-6 19:37
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Be Prepared To Lose All Your Money If You Invest In Bitcoin, Warns Incoming BoE Governor Bailey
Many skeptics have come forward over the years to lambast bitcoin. Some believe it has no value, hence it will eventually collapse. Others believe it is a bubble that is bound to burst and frustrate its investors. дальше »
2020-3-6 09:13
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Here’s Why This Top Analyst Believes Bitcoin Will Smash Through $135,000 In This Bull Cycle
Bitcoin (BTC) will boom in this new cycle to hit over $100K. That’s the prognostication of one on-chain analysis expert, Willy Woo. Woo recently sat down with Max Keiser to discuss things such as the current bull market, impact of May rewards halving and on-chain analysis. дальше »
2020-3-4 21:51
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No Bitcoin Manipulation: Analyst Defends 2020 Price Surge of 57%
As the crypto market awaits the upcoming halving, there are naturally many thoughts about the Bitcoin market. Firstly, there are several predictions about what the halving will present for Bitcoin. While some believe that the halving is already priced in, most others have predicted extremely bullish prices for the king coin. On the other hand, […] дальше »
2020-3-4 13:18
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Bitcoin Has Cemented Its Role As A Store Of Value, Says Grayscale Investments Exec
As the threat of a full-fledged coronavirus pandemic grows by the day, investors around the world are searching for viable hedges against the chaos. Gold has been a store of value for investors worldwide for thousands of years, but one executive thinks bitcoin is overtaking the precious yellow metal. дальше »
2020-3-4 23:49
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Bullish For Bitcoin: U.S. Federal Reserve Makes Emergency Rate Cut
It’s just two months left to the much-anticipated Bitcoin halving event slated for May, and things are already heating up. Despite a few hiccups, the crypto market seems to have been charging up in preparation for a bull run that many have termed as imminent. дальше »
2020-3-4 19:54
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BTC Ready to Take Off? These Bullish Fundamentals Are Driving Bitcoin’s Price Higher
Bitcoin’s hash rate has seen a very significant increase recently although the digital asset crashed down to $8,409 from the high of $10,500 just a few weeks ago. The increase of Bitcoin’s hash rate basically means that miners are dedicating more power and resources to mining Bitcoin, this basically implies that miners believe in the […] дальше »
2020-3-4 23:33
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Bitcoin Gears Up For Another 9 Million Percent Rise As The World Braces For The Next Financial Crisis
Bitcoin is the first-ever crypto to be created and become fully functional. When it was introduced to the world in 2009, Bitcoin didn’t seem to capture much attention. Back then, a Bitcoin was worth way less than a penny. дальше »
2020-3-4 20:40
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Bitcoin Miners Set Record Hash Rate Despite Price Recently Experiencing Largest Weekly Drop In Over Two Months
Bitcoin’s hash rate recently reached a new all-time high as the miners clearly shrugged off the market-wide bloodbath seen last week. Yesterday, the global network hit a new record of 136 exahashes per second. дальше »
2020-3-4 20:17
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No ETF: SEC Rejects The Wilshire Phoenix Bitcoin ETF Proposal
Once again, the Securities and Commodities exchange has dashed all hopes of ever having shares of a bitcoin exchange-traded fund (ETF). According to a filing on Feb 26, the SEC revealed that it had denied the Wilshire Phoenix proposal on the grounds that the firm did not provide sufficient evidence showing that the bitcoin market […] дальше »
2020-2-27 08:41
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Bitcoin Halving Not Priced In: Is The Market Still In For A Big Year?
The cryptocurrency space has been excited following the market’s 2020 bullish opening. While the number one cryptocurrency still retains the potential to rise higher according to analysts, the community has gone further to ask what happens after the Bitcoin halving that is coming in May. дальше »
2020-2-26 17:50
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Why Is Bitcoin Having A Hard Time Cracking Past $10,000?
Bitcoin has been rejected several times from the mythical $10,000 level. This resistance level is definitely one of the most important levels for Bitcoin, technically and psychologically. The last time Bitcoin attempted a break above $10,000 was back in October 2019 when the digital asset peaked at $10,370 and crashed shortly after. Bitcoin was only […] дальше »
2020-2-26 21:08
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Newsflash: Even With The Impending Halving, Bitcoin (BTC) Unlikely To Pierce $10k In Near Future
Over the weekend, bitcoin (BTC) climbed from $9650 lows to slightly above $10,000. However, BTC was soundly rejected at the $10k level as it slumped back to the $9,650 level, before stabilizing above $9,770. дальше »
2020-2-25 19:10
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Investor Loses $45 Million In Bitcoin (BTC) And Bitcoin Cash (BCH) Via A SIM-Swap Attack
A hacker has drained the account of a Chinese whale of approximately $45 million in a SIM-swap heist. For those in the dark, a SIM swap attack is an act of porting a user’s mobile number to another SIM card in the possession of a hacker without the user’s knowledge. The bad actor is then […] дальше »
2020-2-22 17:49
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Bitcoin Dominance Vs Altcoin Season. Which One Will Thrive In The Long Run?
Bitcoin and altcoins are all having a strong start to the year. The biggest cryptocurrency in the market for most of its existence has dominated the market in terms of performance, market cap and also being the investors “choice. дальше »
2020-2-22 10:18
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BoE Economist; Speculation in Crypto Markets Reduces Bitcoin’s Transactional Value
A senior Economist at U. K’s central bank has published a working paper on how speculation affects the value of digital currencies. Peter Zimmerman, a BoE economist, highlighted that crypto coin users are mostly speculative making it hard to realize the transactional value of digital assets like Bitcoin. дальше »
2020-2-19 21:54
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Bitcoin Shoots Up to $8,600, Traders Call for the Top
The leading cryptocurrency is back to surging. In a matter of a few hours, we went from below $8,100 to $8,606 on Bitfinex. At the time of writing, BTC/USD has been trading at $8,516 with 24 hours gains of 5. дальше »
2020-1-14 16:56
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Research by Bitmex Reveals That Bitcoin Decentralization Is Due to Scalability Improvement
A recent study by BitMex shows that software improvements have made it easy for Bitcoin node synchronization. The study calculated Bitcoin Core’s Initial Block Download times of software released between 2012 and 2019. дальше »
2019-12-2 23:11
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Financial Uncertainties and The Eurasia Debt May Welcome A Bulls for Bitcoin
The financial industry is currently seeking to integrate the new financial technology with the traditional financial tech. Bitcoin is among the cryptocurrencies that serve as a digital asset globally. дальше »
2019-12-1 21:58
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Investors in Bitcoin Begin sending BTC to “Elliott” After Spotting A Bitcoin Address in Mr. Robot
Bitcoin investors in the United States have discovered a Bitcoin address in Mr. Robot and are already sending their Bitcoins to “Elliot. ” Hacker Elliot Alderson has coded a program that will be used to clean money using crypto. дальше »
2019-11-28 19:36
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Movie Piracy Investigation Leads New Zealand Police to Seize $4.2 Million in Cryptocurrency
Cryptocurrency has dealt with many different scams, but one recent issue arose in a separate arrest in New Zealand. The national police force reportedly seized a total of NZ$6. 2 million and NZ$6. 7 million in cryptocurrency. дальше »
2019-11-24 19:20
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2000 Bitcoin Hodlers Control 40% of Circulation; Stacking Sats Is More Important Now Than Ever
The Bitcoin ownership and distribution are still circulating among few, despite Satoshi Nakamoto designing the crypto coin to be used by everyone. The destitution of the cryptocurrency is still like the distribution system of the Fiat money. дальше »
2019-11-21 18:29
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Bitcoin Shopping App Fold Adds AirBNB Payments to Earn 3% in Crypto Cash Back Rewards
The Fold payments app for Bitcoin is now supporting Airbnb transactions. The announcement was made by the firm on November 11th. More than this, Fold users can receive 3% back of every Bitcoin they spend on Airbnb. дальше »
2019-11-12 03:33
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October Review – A Quantum of Solace from the East & Top Stories of the Month
Oct 1 Tether trumps Bitcoin for the monthly reported trading volume. Reported volumes compiled by CoinMarketCap showed that the controversial stablecoin, which is being sued by The New York Attorney General's office (NYAG), had the highest trading volume for the month of September, with roughly 18% higher volume than that of Bitcoin. Tether’s volume first […] дальше »
2019-11-11 09:13
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Ex-ECB Chief is “Strongly Against Bitcoin,” Says Cryptocurrencies are “Not Real”
Jean-Claude Trichet, the former president of the European Central Bank is not a fan of cryptocurrencies and is doubtful that they could ever become the future of money. “I am strongly against bitcoin, and I think we are a little complacent,” said Trichet during a panel discussion at Caixin’s 10th annual conference in Beijing on […] дальше »
2019-11-11 04:58
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Hong Kong Securities and Futures Commission Regulates Crypto Exchanges, Bitcoin Futures Not Allowed
New rules for cryptocurrency exchanges are here. A potential step was taken by Hong Kong’s financial regulator to improve the regulation and standards within the cryptocurrency market. As it publishes new rules for crypto exchanges can now apply for an operating license. дальше »
2019-11-7 23:33
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