Crypto Market Hits $3 Trillion In A Surprising Turn Of Events As Bitcoin Mounts Fresh Vigor

“Going to be a big week.” That was all Luno and Digital Currency Group (DCG) CEO, Barry Silbert, tweeted and in less than ten hours, BTC and ETH set new highs. BTC raked in a 7.30% gain over the last 24 hours rising from its $62,000 value foothold, which it had held over the last […]

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BTC Total Transaction Size Spikes 36% in Past 24 Hours While BTC Enters $10,700 Zone

Glassnode spread the word that BTC total transaction size has seen a 36% rise in the last 24 hours, while BTC has increased significantly and entered the $10,700 area

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Technical Analyst Fears Stocks May Top Here — and That’s Bad for Bitcoin

Both Bitcoin and the stock market surged on Monday after a shaky past week. BTC is up 5% in the past 24 hours as it has pressed to weekly highs at $10,700. The S&P 500 and other leading indices are up around 1.

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Bitcoin May Soon Push Higher After Taking Out Key Liquidity Levels

Bitcoin has witnessed some slight instability throughout the past few hours, with sellers rejecting BTC above its key resistance level at $10,500 The decline from its highs shows that this price remains a strong region of selling pressure The likelihood of BTC seeing further downside in the near-term is now significantly higher than what it was previously Some analysts are noting that where it trends next will depend largely on its reaction to a few […]

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Bitcoin Could Be Coiling Up for a Move to $11,000 as Bulls Spark Slight Rally

Bitcoin and the aggregated crypto market have been flashing some signs of strength throughout the past day While BTC rebounded hard from its key support at $10,000, ETH was able to climb back up towards the upper-$300 region This marks a notable rise from its recent lows that were set earlier this week Where the market trends in the coming hours and days should provide significant insight into its near-term outlook One analyst is noting […]

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Ransomware hackers shut down Argentina’s borders, demand $4M BTC

Officials shut down border checkpoints for 4 hours on Aug. 27.

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Whales Transfer $89,637,680 in Bitcoin As BTC Strives to Remain Above $10,000

Over the past thirteen hours, crypto whales have made several transfers, shifting 8,800 Bitcoin, totalling almost $90 million, while BTC is testing $10,000 as support

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Crypto market crashes as Bitcoin (BTC) sheds over 5% in 24 hours

In less than 24 hours, Bitcoin (BTC) has dropped by 5% from a high of $11,950 to trade at $10,115 at the time of writing. The bulls had taken over the market since July when the world’s largest crypto has been on an uptrend.

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Analysts Set Their Sights on a Move to $9,600 as Selling Pressure Mounts

Bitcoin has been facing unusually strong selling pressure throughout the past few hours, which appears to be coming from multiple large mining pools This caused the price of BTC to crater, dropping as low as $10,700 before finding some support that allowed it to climb significantly higher One analyst is now noting that this latest decline struck a blow to its technical outlook, leading him to set his sights at $9,600 A decline to these […]

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Phishing Attacks On Electrum Wallet Sees Over $16 Million Stolen From Unsuspecting Users

New reports show that over $500,000 worth of Bitcoin (BTC) has been siphoned from Electrum wallets – about 72 hours after a GitHub user claimed they had lost 1,400 BTC in a similar hack. Some of the funds have been traced to Binance, with the exchange blacklisting up to 70 accounts linked to the transaction […] The post Phishing Attacks On Electrum Wallet Sees Over Million Stolen From Unsuspecting Users first appeared on BitcoinExchangeGuide.

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$15k predictions emerge as Bitcoin (BTC) shows new strength

Bitcoin price has been stuck between $11k and $12k for quite some time now, although some recent price forecast seem to signal that a change might be coming. The coin’s performance has indicated strong signs of strength, especially in the last 24 hours.

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Tether (USDT) Overtakes XRP Yet Again, Exceeds $13.4 Billion Market Valuation

Over the past 24 hours, Tether stablecoin has overtaken Ripple’s XRP once again to become the world’s third-biggest cryptocurrency just behind ethereum (ETH) and bitcoin (BTC). Tether now boasts a staggering market valuation of over $13.

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Crypto Whales Transfer $96.3 Mln In Bitcoin While BTC Transaction Size Is 30.8% Up

Bitcoin whales have wired almost $100 mln worth of Bitcoin between OKEx and anonymous wallets, while Glassnode noted new highs in BTC fundamentas in the last 24 hours

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Celo explodes 55% as Coinbase Pro adds trading support

Both CELO/USD and CELO/BTC pairs jumped over 50% in 24 hours as the token...

The post Celo explodes 55% as Coinbase Pro adds trading support appeared first on Coin Journal.

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Bitcoin Is in “Do or Die” Territory After $500 Correction: Here’s Why

Bitcoin has embarked on a strong correction over the past 24 hours. After peaking at $11,850 earlier this week, the asset slipped as low as $11,150 on Tuesday as selling mounted on spot exchanges, evidenced by a negative predicted funding rate with OKEx’ BTC perpetual futures market.

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This Eerie Fractal Predicts Bitcoin Price Will Flatline For Another Month

Bitcoin has bounced back after plunging as low as $11,400 on Friday. The leading cryptocurrency now trades for $11,650 as of this article’s writing, up around 2% in the past 24 hours. BTC’s recent price action has confused pundits as they believed that the asset was in a clear uptrend.

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Why Bitcoin Is “Most Likely” Going to Test $10,500 in the Coming Days

Bitcoin has finally bounced after plunging as low as $11,400 on Friday. The asset trades 2% higher in the past 24 hours as the BTC price is retesting $11,700. Bitcoin remains in a bearish state despite the ongoing recovery, according to some analysts.

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Bitcoin Just Hit a Crucial Trendline; Analysts Expect Imminent Fireworks

Bitcoin and the rest of the crypto market has witnessed some bear-favoring volatility throughout the past few hours This came about following a day of relative stability yesterday, and it appears that Ethereum’s potent decline is creating headwinds for the rest of the market BTC is now trending down near a crucial support level that coincides with a key trendline Analysts believe that a continued bout of trading above this level could be all that […]

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Here’s What Top Analysts Think About Bitcoin After It Corrected 7%

Bitcoin has not performed well in the past 24 hours. After peaking at $12,400 on Monday, the leading cryptocurrency’s price action has rapidly reversed. As of the time of this article’s writing, BTC trades for $11,800 — around $600 before the local highs.

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Chainlink's low Bitcoin correlation hasn't helped its price

The market is once again expressing bullish features, as the price of Bitcoin [BTC] pumped above $12k on 17 August. The price of the largest crypto asset spiked by 5.68% within two hours on Monday, enThe post Chainlink's low Bitcoin correlation hasn't helped its price appeared first on AMBCrypto.

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Bitcoin Plunges Under $12,000 After Breakout: Here’s What Could Come Next

On Monday, Bitcoin underwent a notable breakout. The asset surged from the $11,800 baseline it was trading at to a daily high just shy of $12,500 in the span of hours. The move brought BTC above the pivotal $12,000 region, which acted as resistance at the highs of three separate rallies over the past two […]

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Bitcoin Is Up 45% Since the Halving: Is There More Upside on Its Way?

Bitcoin has performed extremely well over recent months, despite the dismal macroeconomic outlook. As of this article’s writing, BTC trades for $12,400, up around 4% in the past 24 hours. This is the highest the cryptocurrency has traded at this year.

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Here’s the Level Bitcoin Traders Should Be Watching for the Weekly Close

Bitcoin’s weekly candle close is coming up. It is set to take place in around two hours after this article’s publishing time. BTC is trading flat in the past 24 hours, having found support in the $11,800 region.

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Market Update: BTC Inches Toward $12K, ETH Jumps 12%, Report Says LINK May See ‘Rough Waters’

Digital currency markets have increased significantly in value during the last 24 hours as the market capitalization of all 5,700+ coins is up over 2. 4% on Friday. Bitcoin has been inching toward the $12k region again and ethereum touched a high over $442 a coin during the afternoon trading sessions.

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Bitcoin Still On Track To Hit $13,000 This Month As Bulls Set To ‘Teleport’ BTC

Bitcoin continues on its way to a new all-time, however, just days ago, the digital asset had another massive flash crash because of bots selling and longs getting liquidated. Bitcoin is currently trading at $11,870 but was trading above $12,000 for many hours before the flash crash that saw it plummet to $11,450. This crash […]

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Analyst Who Called Bitcoin’s Move to $3,000s Thinks This Comes Next

Bitcoin is pressing higher after consolidating in the mid-$11,000s for a number of days. As of the time of this article’s writing, the leading cryptocurrency trades for $11,800. BTC is up 2% in the past 24 hours, underperforming Ethereum’s 10% performance.

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Bitcoin’s correlation with Gold hits all-time high

BTC price is down 4% over the past 24 hours as Gold slips from...

The post Bitcoin’s correlation with Gold hits all-time high appeared first on Coin Journal.

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Despite $500 “Bart” Pattern, Analysts Are Still Bullish on Bitcoin

Bitcoin surged past $12,000 on Monday morning, rallying as certain altcoins plunged. The move brought the cryptocurrency as high as $12,100. Just as fast as BTC rallied, though, it dropped. Just hours after $12,000 was tapped, Bitcoin plunged around $500 in the span of an hour, forming a “Bart” formation.

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Market Outlook: BTC Trend Targets $15K, Bitcoin Bull Raoul Pal ‘Irresponsibly Long’

Cryptocurrency markets have been fluctuating quite a bit lately, as bitcoin and a number of crypto assets have been testing new resistance levels. The market valuation of the entire crypto-economy is hovering around $360 billion as a decent portion of the top twenty digital assets have gained 1-15% in the last 24 hours.

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Ethereum Classic Prints Bearish On-Chain Signals Despite Bitcoin Breakout

Bitcoin is breaking higher, but the same cannot be said about Ethereum Classic (ETC). The popular altcoin has dropped in the past 24 hours, posting a loss of around 2%. This means the asset is underperforming BTC by 5%.

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Bitcoin Could Erupt Towards $13k as Market Structure Flips Bullish: Analysts

Bitcoin has begun to break out after flatlining around $11,500-11,700 for a number of days. Just hours ago, as reported by Bitcoinist, the cryptocurrency crossed the pivotal $12,000 level. While BTC has been slowing around that level, analysts are optimistic.

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Bitcoin Erupts Past $12,000: Here’s What Analysts Think Comes Next

Just hours after the daily candle close, Bitcoin has begun to erupt higher. The cryptocurrency just minutes ago crossed above $12,000 for the first time since the flash crash on August 2nd. BTC bulls are believed to be in control after Bitcoin closed the weekly candle above the ever-important $11,500 level.

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BitMEX Leaderboard Trader Fears Bitcoin Could See a Second “Flash Dump”

Bitcoin has slid lower over the past 24 hours as the cryptocurrency failed to surmount $12,000 in the latest leg higher. As of the time of this article’s writing, BTC trades for $11,600 — 5% shy of the local highs.

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Bitcoin Mania in Full Bloom as BTC Held on Exchanges Falls off a Cliff

Bitcoin’s price is moving back towards $12,000 as we make our way above $11,700 today. With a 3% move, $2. 4 billion worth of BTC exchanged hands in the past 24 hours to take bitcoin back to yesterday’s level.

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Bitcoin and Ether Market Update August 6, 2020

Total crypto market cap added $15. 2 billion to its value since Monday morning and now stands at $353. 3 billion. Top ten coins were mostly in green for the last 24 hours with bitcoin (BTC) and ChainLink (LINK) being the best performers with 3.

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Bitcoin Just Broke Past $11,500—and That’s Huge For Bulls

Bitcoin is ripping higher once again. In the past few hours, the leading cryptocurrency has begun to test the year-to-date highs at $11,500. And just minutes ago, BTC reached a local high of $11,700 after an influx of buying pressure.

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An Eerie Fractal Predicts a Huge Altcoin Surge—But Bitcoin Could Stop It

The past week has seen Bitcoin and Ethereum explode higher while a majority of altcoins have plunged. On Monday alone, on the day BTC surged by approximately 10% in 24 hours, Bitcoin dominance jumped by 2%.

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More People are Moving BTC to Centralized Exchanges as Addresses in Profit Hit All-Time High

In the last 24 hours, Bitcoin addresses in profit have recorded an all-time-high-average of 26,054,215, breaking the previous record of 26,041,525 in 2018, according to data by on-chain analysis firm Glassnode.

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Bitcoin Forms Striking Sell Signal After Rallying 10% Higher to $10,300

Bitcoin is moving past resistances above $10,000 after making the initial breakout some 24 hours ago. As of this article’s writing, BTC trades for $10,225, having traded as high as $10,350. Despite the rally, not everyone is convinced this is the breakout that will kickstart another massive move.

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Prominent Trader Suggests Bitcoin Could Soon Hit $15,000 by “Following Gold”

In the past few minutes, Bitcoin has crossed above $10,000 once again after consolidating at $9,900 for multiple hours. While it isn’t yet clear if BTC has flipped $10,000 into support, a prominent stock/futures trader is expecting a bigger breakout in the weeks and months ahead.

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Bitcoin Just Hit $10k But It May Rally Higher as More Stimulus Nears

It’s been an explosive past few days for Bitcoin. After starting last week at $9,200, the asset now trades above $9,900. BTC temporarily hit $10,200 on leading exchanges just hours ago. Some fear that the initial rejection at $10,000 is a sign that BTC has room to fall.

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Crypto Price Analysis July 22: BTC, ETH, LTC, BSV, EOS

Coinspeaker Crypto Price Analysis July 22: BTC, ETH, LTC, BSV, EOSThe cryptocurrency market was overwhelmed by bulls over the last 24 hours.Crypto Price Analysis July 22: BTC, ETH, LTC, BSV, EOS

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Chainlink’s Violent Rejection Leads it to Crucial Support; Will It Hold?

Bitcoin has been stealing altcoins’ thunder over the past several hours, with many smaller tokens plummeting as BTC surges past $9,400 Chainlink, despite its overt strength, is one example of a token that has posted major losses over the past day This latest decline marks an extension of the downtrend that it has been caught within throughout the past few days It has now reached a crucial support level that bulls are attempting to defend […]

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20,000 BTC Withdrawn From Coinbase as Major Outflow Hits Exchanges

More Bitcoin withdrawals have hit top cryptocurrency exchanges in the last 24 hours, data from Glassnode shows. More than 20,000 BTC worth $183 million have been withdrawn from one of the top exchanges.

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Bitcoin to Follow the Equities Market Up or Down? One-Month Correlation Spikes to an All-Time High

Yet another week of weak price movement. The world’s leading digital asset is trading at $9,072, in red with 24 hours ‘real’ volume of just $624 million. Consolidation precedes more consolidation. $BTC pic.

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Last Time Bitcoin Volatility Was This Low, BTC Surged by 25% in 24 Hours

For the past few weeks, Bitcoin analysts have observed extremely low volatility in the nascent cryptocurrency market. Nothing shows this inaction quite as well as the chart below from Blockroots founder Josh Rager.

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Bitcoin’s Flash Crash Could Send it to Range Lows

Bitcoin (BTC) decreased considerably on July 2, dropping from a high of $9,255 to $8,940 in a span of fewer than three hours. The decrease also created a bearish engulfing candlestick on the daily time-frame, causing the price to drop below an important moving average (MA).

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Cryptocurrency News Roundup for June 30, 2020

The cryptocurrency space has remained relatively uneventful over the past 24 hours with Bitcoin (BTC) stubbornly anchored in the $9,100 – $9250 range. Even Ether (ETH), the second-largest crypto by market cap, has remained low-key just above support at $220.

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BItcoin Breaking Below $8,500 Will Make This Summer “Long” For Holders

it’s hasn’t been a pretty past 24 hours for Bitcoin investors. The cryptocurrency has exhibited a strong reversal after hitting $9,800 on Monday. As of the time of this article’s writing, BTC trades for $9,200, $600 shy from the peak.

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