Bitcoin Bulls Reclaim Cloud But Stormy Days Still Ahead

Bitcoin price is struggling to hold above $40,000 and is now below it. On the three-day timeframe, the top cryptocurrency is also well back within the Ichimoku cloud, suggesting there’s more support now built below.

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‘There’s No Change In RBI’s Position’: Indian Central Bank Still Has Grave Concerns Over Cryptocurrencies

RBI’s notorious circular back in 2018 prohibiting banks from offering services to crypto firms may have been revoked in March 2020, but the central bank is showing no signs of changing its tune on crypto-assets.

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Andreessen Horowitz Discusses Raising Third Crypto Fund to $2 Billion, Sources Say

In May 2020, back when the crypto economy was still tumultuous from the coronavirus outbreak fears and gloomy global financial outlook, in general, the private venture capital firm Andreessen Horowitz (a16z) revealed the 500 million-dollar “Crypto Fund II.

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The Most Profitable Signal In Bitcoin Is Back And About To Trigger

Bitcoin price is still down 40% from recent highs, forcing investors to face the reality that the bull run could be over. And while that scare and related selloff certainly shook out even the strongest of hands, those that are still holding could end up reaping enormous profits.

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Nic Carter: Elon Musk Shouldn’t Lead Crypto Green Debate

Nic Carter of Castle Island Ventures believes Elon Musk isn’t the proper person to lead the “clean Bitcoin” discussion, “at least not in the eyes of the Bitcoin community.” Elon Should Sit At The Back “Bitcoiners are still extremely distrustful of Musk, and they see him as conflicted, given that his business includes the sale […]

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Meme Stock GameStop to Launch NFT Platform on Ethereum & A Dedicated GME Token

Meme stock GameStop (GME), a video game retailer, is back on the rise this week. Though still down 57% from its all-time high of nearly $483 in late January, currently trading around $209, GME is up over 435% from the mid-February low of $39.

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Putting Things In Perspective: Bitcoin Is Down, But Up 400% YOY

Despite the market crash, ARK Invest Analyst @yassineARK points out that Bitcoin is still +400% up compared to this time last year. A look back to that period shows BTC priced at $9. 5k, and uncertainty over the “corona-crash” was dominating sentiment.

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Buy Signal? “Chart Master” Calls For $29K Bitcoin on CNBC

Still in the red, Bitcoin and the crypto market have held the line in the past day. A bounce back seems feasibly, but not guaranteed. At the time of writing, BTC trades at $42,913 with sideway movement in the 1-hour chart and a 20% correction in the weekly and monthly chart. The crypto market is […]

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Why The Next Bitcoin Bear Market May Only Last Months

Bitcoin is still struggling to get back above $60,000, and is sinking lower with each passing day. Another defense at $50,000 might be near, and if bulls cannot support the key level another time, a bear market could follow.

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Bitcoin Overcomes Technical Hurdle; Ethereum Prints 7 Consecutive Green Monthly Candles

Before moving into the weekend, Bitcoin started seeing traction and made its way past $58,500. As of writing, we are still keeping around $57k on the back of very low funding rates. The highest Bitcoin funding rate is currently 0.

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How Bitcoin back above $60,000 could create a powerful upside move

After a consolidation phase spread over the last few weeks, Bitcoin is trading back above $60,000. With 3% gains in the daily chart, at the time of writing, and 2% profit in the weekly chart BTC still looking for confirmation on its rally.

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Stock-To-Flow Creator: Bitcoin Cycle “Nowhere Near The Top”

Bitcoin price still can’t crack back above $60,000 and prices are slowly moving downward. And while the creator of the popular stock-to-flow model agrees there’s no avoiding regular corrections in the leading cryptocurrency, the top of the current cycle is “nowhere near.

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Bitcoin (BTC) price analysis for April

Bitcoin (BTC) price is still trading below the $60,000 mark as buyers take a step back to allow for consolidation to take place.  Fundamental analysis: Kevin O’Leary says he will not buy “blood” Bitcoin mined in China Canadian businessman and investor Kevin O’Leary said he will only purchase Bitcoin mined in countries that use clean […] The post Bitcoin (BTC) price analysis for April appeared first on Invezz.

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Bitcoin Miners Dumping Half A Million BTC Couldn’t Dent Bull Rally

Bitcoin price is still fighting to break back above $60,000 per coin, but things could push higher according to miner behavior. After dumping more than a half a million BTC on the market during the bull rally, and barely being able to make a dent in terms of price decline, miners might have finally given in and started holding their coins for the sudden surge ahead.

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Third Time’s The Harm: Trader Warns Of Bitcoin Reversal Pattern

Bitcoin price is back at local highs, but still struggling to set a new record beyond $61,800. The lack of a further push by bulls even with positive news out of PayPal, has caused one iconic trader to warn of the possibility of a topping pattern forming. The theory is based on a set of […]

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The promise of smart contract adoption is held back by crypto silos

Smart contracts present one the most promising tech solutions for business, but there are still barriers that have to be addressed.

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This Bitcoin Metric Says The Top Is Still 350% Away

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.

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Weak Bitcoin (BTC) Bounce Fails to Clear Critical Resistance

Nevertheless, Bitcoin is still expected to bounce back above $50,000 and complete the second part of its correction.   Bitcoin Indicators Show Weakness The daily chart shows that despite the ongoing bounce that began on Feb.

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Ripple Optimistic of a Speedy Resolution of MoneyGram Tiff

Ripple has released a statement after MoneyGram stepped back from its partnership with the blockchain ledger provider because of woes with the Securities and Exchange Commission. MoneyGram-Ripple Partnership Ripple has stated that they made a multi-year contract in 2019 with MoneyGram, which is still in place and is not limited to their use of ODL.Read More

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Bitcoin (BTC) Falls Back After Reaching New All-Time High

Despite the drop, it is still likely that the Bitcoin trend is bullish and the price will continue higher.   Bitcoin Shows Weakness During the week of Feb. 8-15, the BTC price created a bullish candlestick in the weekly time-frame, reaching an all-time high price of $49,707 on Feb.

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Ethereum Jumped Above $1,800 This Week But Fundamentals Still Outpacing Price

With Ether in price discovery, the digital asset continues to hit new highs. This week, ETH/USD went to $1,840 with more than 145% gains YTD. Today, we also dropped to $1,692, following Bitcoin’s fall to $44,575, which coincides with actress Lindsay Lohan tweeting “bitcoin to the moon,” only to make it back above $1,750.

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Analysts warn of 'institutional exhaustion' with Bitcoin price back below $32K

The Coinbase premium has returned, but why is the price of Bitcoin still struggling to stay above $32,000?

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Litecoin Regains Footing After Being Knocked Back by Resistance

While it is possible that Litecoin is still in a corrective phase, another upward move is expected that could take LTC toward $225.   Long-Term Litecoin Levels Litecoin has been decreasing since Jan.

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Ethereum Shoots Past $1k But High Gas Fees Still a Problem

Ethereum spiked as high as $1.1k after a 30% advance on Sunday, a level not seen since February 2018. The market has since cooled off, back to just below the $1k level at the time of writing. But having breached psychological resistance of $1k, expectations of a continuation are heightened. Head of Business Development at […]

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Bitcoin Rejected After Bounce Back to $24,000

While the most likely scenario is that the trend is still bullish, BTC has not yet confirmed this.   Bitcoin Bounces from Range Lows On Dec. 22, BTC bounced from the range lows and regained the majority of its losses from the past two days.

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‘I’d Be A Billionaire Now’ — Early Bitcoiner Regrets Selling 50,000 Bitcoins Before 2012

The price of bitcoin recently soared beyond $23,000 after effortlessly taking out the $20,000 psychologically important level. The recent upsurge means that MicroStrategy’s holdings have doubled in value since the business intelligence firm invested millions into the cryptocurrency back in September when the flagship cryptocurrency was still hovering sub-$11,000. But, not every large investor has […]

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Bitcoin Can Potentially Unseat Google, Declares Pundit Following Global Outage

At 12:00 pm UTC on Monday, Google users experienced a shut down as the company’s services were inaccessible for a short period of time. Although at 12:30 pm UTC the services were back up. This still did little to suppress the massive impact that the 30 minutes service outage had caused globally. Users all over […]

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Here are the Crucial Levels to Watch as Bitcoin Climbs Back Above $19,000

Bitcoin is once again trading above $19,000, as this has been a crucial level for the cryptocurrency that bulls have ardently been trying to flip into support It remains unclear as to whether or not it is going to be able to establish any meaningful support at this level The selling pressure here has proven to be significant in the past, and may continue hampering its growth Where the market trends next will still likely […]

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Dutch family that sold everything for BTC in 2017 is still buying

Known as the Bitcoin family, the Taihuttus made news back in 2017 when they liquidated all of their assets for Bitcoin. The post Dutch family that sold everything for BTC in 2017 is still buying appeared first on CryptoSlate.

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OCC works to win back House Democrats, still miffed at leader's focus on crypto

Acting Comptroller Brian Brooks continues his work to reach across the aisle with pledges from major players to support minority-owned banks.

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Grayscale’s Sonnenshein On The Bitcoin Price Surge, “We’re Just Getting Started”

Bitcoin has been on a rally and though it slowed down with a pullback in the last few days, it has bounced back quickly, currently priced at over $19,000. Though this looks impressive and investors are pleased with the price movement, the Managing Director of Grayscale, Michael Sonnenshein says the rally is still in its initial […]

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Search Engine Marketing Data Reveals Highest Retail Interest In Bitcoin Ever

Bitcoin is nearly at $20,000 once again and to the surprise of the crypto community, Google Trends search data now still doesn’t anywhere nearly compare to the search interest back then. However, digging deeper into search engine volume using a plethora of search engine marketing tools, there’s a very different “story” to be told. Here […]

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Bulls In Control: Total Bitcoin Market Cap Achieves New All-Time High

Bitcoin still has some room to climb before setting a new all-time high in the price per BTC. However, the current market cap of Bitcoin is now currently larger and more valuable than it was back when the cryptocurrency traded higher.

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Kucoin Co-founder Reveals That 84% Of Hacked Funds Have Been Recovered

Kucoin’s co-founder, Johnny Lyu, in a tweet on Wednesday, November 11th, 2020, updated the community about the progress so far on the recent hack that rocked the exchange in September. Lyu, in his tweet, made it known that 84% of the hacked funds are now recovered, with efforts to get back the rest still ongoing. […]

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Bitcoin rebounds after flopping on Pfizer vaccine news

BTC price still strong despite pullback to $14,800 lows Bitcoin price is back above...

The post Bitcoin rebounds after flopping on Pfizer vaccine news appeared first on Coin Journal.

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Investors are back into Bitcoin but DEXs are still the future of crypto

Bitcoin’s rally to $15.9K stole the limelight from DeFi tokens and decentralized exchanges but the tables could turn rapidly.

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John Hopkins Economist: Bitcoin Is Still “Highly Unstable” and “Speculative”

Bitcoin has undergone a strong surge since the March lows, rallying as high as $16,000 from $3,500. Stepping back even further, Bitcoin’s performance is even more impressive. Even still, the cryptocurrency has its critics.

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MicroStrategy CEO: Bitcoin Is Bringing Back The Thrill Of Saving Money

Over the last few years, the crypto industry has grown exponentially. There are currently thousands of crypto projects going on. However, Bitcoin still remains the top coin with the largest market cap.

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Bitcoin's market still has plenty to fear from OKEx halt

If I told you back in March that six months later, Bitcoin would be trading at over $13,000 while the biggest derivatives exchanges' executives were indicted by U.S authorities and the biggest crypto-The post Bitcoin's market still has plenty to fear from OKEx halt appeared first on AMBCrypto.

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Ethereum Hype Grows on the Back of DeFi and Bitcoin Boom

Virtually all the attention in the cryptocurrency space has been on Bitcoin this past week as it soared to a new 2020 high driven by momentum from PayPal accepting cryptocurrency payments. Ethereum has caught a small wave from this hype, but analysts think there is still much more room to grow.

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Mt. Gox Rehabilitation Plan Deadline Postponed, Yet Again, for Two Months

It’s been over six years, and Mt. Gox creditors are still not any closer to getting their BTC back. In the Tokyo District Court's latest announcement, the rehabilitation plan deadline has been postponed, yet again, from Oct.

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Digibyte (DGB) price spikes up as the new week starts

Digibyte (DGB) has seen a significant price growth over the last week, and especially in the last 24 hours. The project is heading back to its YTD high, and while there is still some way to go, the progress is certainly being made.

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A Catastrophic Dump Might Not be Coming to Bitcoin, But Smaller Whipsaws Are Still on the Radar

Bitcoin has started the week on a positive note. The world’s leading digital currency first started moving over the weekend, going to $10,600 but only to come back down to around $10,200. On Monday, BTC went even higher to above $10,800.

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Green Shots Emerge in DeFi Following the Painful Unwinding of the Crowded Space

During the recent correction, the DeFi market pulled back hard, so much so that the seven days percentage returns are still in the negative by 20% to 40%. Except for a handful of top DeFi tokens, all of them plunged 70% to 95%.

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Analyst: Ethereum Poised to Dip to $270 as Selling Pressure Mounts

Ethereum has been fully exposed to the weakness seen by Bitcoin and the aggregated crypto market today This has caused it to post some notable losses, with its price reeling down to lows of $325 earlier this morning before bears lost some of their momentum and the crypto rebounded back above $330 Despite some slightly positive price action seen this morning, one analyst is still noting that the likelihood of a decline down towards the […]

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Bitcoin’s Key Psychological Level Showing ‘Strength’ But Price Could Still Drop Another 30%

The weekend didn’t bring any reprieve for digital currencies, rather resulted in bitcoin falling to $9,850 briefly before going back above the $10,000 level. The good thing for bitcoin is that the key psychological level of $10k, although broken a few times, has managed to hold the fort.

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Ethereum Struggles to Reclaim $400, But Bulls May Be Building Up Strength

Ethereum has seen some mixed price action throughout the past 24-hours Despite diving as low as $375 at one point yesterday, the cryptocurrency was able to post a massive rebound that allowed it to climb back up towards $400 It has been consolidating ever since, being unable to firmly surmount this level – signaling that there is some resistance here One trader is noting that although it has shown some signs of weakness, it still […]

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Warren Buffett takes a step back from the crumbling US economy

The legendary investor, Warren Buffett, recently made a major change in his investment patterns. While many have recently predicted that Buffett is likely to start investing in crypto soon, this is still not the case.

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Why The Upcoming US Election is Bitcoin’s Biggest Risk

Bitcoin broke up through $12,000 but is now crashing. Gold set a new all-time high but has since pulled back. The S&P 500 keeps on setting high after high. Still, all of these assets have one thing in common: they’re all at risk for a sizable correction, primarily due to the dark cloud hanging over the coming United States 2020 Presidential election.

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