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Bitcoin Is More Like A ‘Casino Operation’, Says Investment Legend Mark Mobius
Mark Mobius, the founding partner of Mobius Capital Partners, is still bearish on bitcoin. Speaking with Financial News today, Mobius basically compared investing in bitcoin to a casino operation. He posited that the cryptocurrency’s upsurge is a “casino operation based on all sorts of rumors and speculation”. дальше »
2020-11-29 00:26
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Crypto Markets Turn Green Following Tough Week, Bitcoin Price Nears $18k
Following its latest plunge to $16.1k, Bitcoin has recuperated and almost at $18k again after dwindling close to $15k, inching closer to the all-time high of around $20,000. The digital asset appears unstoppable in the last couple of weeks, climbing higher every single day with only a few retracement periods. Nonetheless, this bull rally seems […] дальше »
2020-11-29 00:03
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Here are the Crucial Levels Bitcoin Must Break to See an Explosive Move Higher
Bitcoin has seen a strong move higher throughout the past day, with bulls aiming at reversing the recent market-wide selloff as the cryptocurrency begins pushing higher. Where it trends next will likely depend largely on whether or not bulls can maintain the ongoing uptrend as the weekly candle close fast approaches. Where this candle closes […] дальше »
2020-11-29 21:15
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This Pattern Suggests Bitcoin Could Plummet to $12,000 Before Uptrend Continues
Bitcoin and the entire crypto market are showing some signs of strength on this relatively quiet morning for the markets Following a brief bout of trading below $17,000, the benchmark cryptocurrency has firmly reclaimed this price region It is now attempting to push higher as bears lose steam, which could be a sign that its recent $16,400 lows are a long-term bottom Where the market trends in the mid-term will depend entirely on Bitcoin and […] дальше »
2020-11-29 20:00
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Breaking Down the Effect of Bitcoin’s $3,000 Drop on the Futures Market
Bitcoin has undergone a strong drop since peaking at $19,500 just days ago The coin currently trades at $17,000 as of this article’s writing Analysis compiled by Coinalyze found that over the course of the past few days, $1 billion worth of open interest has been wiped from leading Bitcoin futures exchanges This was accompanied How the Strong Bitcoin Drop Affected the Futures Market For BTC Bitcoin has undergone a strong drop since peaking at […] дальше »
2020-11-28 04:24
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Whales Dump Ahead Of Bitcoin ATH, More Than 93K BTC Sold Since Peak
Bitcoin price is now trading at roughly 15% less than it was just days ago, falling short of setting a new all-time high by just a few hundred dollars. A new record was so close bulls could taste the victory, but the achievement was blocked by massive whales who reloaded centralized crypto exchanges with a […] дальше »
2020-11-28 04:00
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Bitcoin’s Recent $3,000 Correction Actually Formed a Bullish Candle
Bitcoin has faced an extremely strong correction since its local highs around $19,500. The leading cryptocurrency currently trades for $17,000 almost exactly, though fell as low as $16,200 just the other day. дальше »
2020-11-28 02:59
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Here’s Why Bitcoin May Need to Tap $13,000 Before Continuing Its Uptrend
Bitcoin has been spiraling lower ever since it tapped its all-time highs within the mid-$19,000 region There are a few factors driving this move lower, including selling pressure stemming from the rejection, fear regarding a regulatory crackdown in the U. дальше »
2020-11-28 02:00
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OKEx Sees Massive Bitcoin Outflows as BTC Weakness Mounts
Bitcoin’s price has been flashing signs of immense weakness throughout the past few days, with the recent $19,500 rejections sending it reeling lower as analysts watch for further downside. The rejection just below its all-time highs was certainly what sparked the ongoing correction, but some other factors are at play here. One such factor is […] дальше »
2020-11-28 02:00
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Bitcoin And Crypto Black Friday 2020 Deals And Discounts
Today is the day after Thanksgiving in the United States, also known as Black Friday – a day when retailers everywhere offer the year’s best deals and discounts. The day is no different in the world of crypto, and those interested in Bitcoin and other altcoins can take advantage of the savings and stock up […] дальше »
2020-11-28 23:00
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1% Of Bitcoin’s Total Supply Has Just Been Seized By The Chinese Police
Chinese police have seized 194,774 Bitcoin (1% of Bitcoin’s total supply of 21 million BTC) worth over $3. 2 Billion, in the latest operation against the infamous PlusToken scheme that defrauded investors of approximately $7. дальше »
2020-11-27 21:34
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Bitcoin Struggles to Hold $17,000 After Wiping Out $1b in Open Interest
Bitcoin has been struggling to hold above $17,000, despite this being an important price level for the cryptocurrency Where it trends next will depend largely on whether or not bulls can continue building support at this level So far, each dip below it has been met with intense buy-side support that has allowed it to ascend Where it trends next will likely depend largely on its imminent price action It is important to note that […] дальше »
2020-11-27 21:00
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This Bitcoin Whale Trend Suggests a Serious Selloff Could be Imminent
It has been a rough past few days for Bitcoin, with the cryptocurrency seeing immense sell-side pressure as bears aim at erasing the gains that have come about as a result of the recent uptrend. Where the cryptocurrency trends next will depend largely on whether or not it sustained its recent break below its $17,000 […] дальше »
2020-11-27 19:54
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Bears Flip $17,000 As Resistance, Bitcoin Struggles To Hold Support
Bitcoin price is now trading at nearly $3,000 less than the high set earlier in the week, just shy of setting a new all-time record for the cryptocurrency. After a few strong attempts by bulls to get back above $17,000, bears might have flipped the zone into strong resistance, and are now making a stand […] дальше »
2020-11-27 18:44
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Facebook Libra Could Launch As Soon As January, Amidst Bitcoin Resurgence
Bitcoin and cryptocurrencies are once again a hot topic, being discussed across the broader financial space the most since Facebook’s Libra cryptocurrency was first announced. On the heels of the recent resurgence in the crypto market, rumors suggest that Facebook could be ready to launch Libra as early as January 2021. дальше »
2020-11-27 18:00
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Bitcoin’s Recent Rally Pushes Spot and Futures Trading Activity to ATH on Binance
Bitcoin broke out above $19,000 on 24th November sending the market into a euphoric state with many investors expecting the top cryptocurrency to breach and surpass 2017’s ATH of a little below $20,000. дальше »
2020-11-27 16:32
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Bitcoin Fundamentals Remain Great Despite $3,000 Drop From Highs: Analyst
Bitcoin has dropped dramatically from its $19,500 highs The coin fell as low as $16,200 earlier today amid a strong sell-off and a lack of buying support Some think that the $3,000 drop could be the start of a deeper retracement in the months ahead Willy Woo, a prominent on-chain analyst, remains optimistic. дальше »
2020-11-27 13:00
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Dan Tapiero: Influx of Institutional Money Could Push Bitcoin Price to $500,000 in 5 Years
A renowned gold investor and Bitcoin bull Dan Tapiero has made the case for a $500,000 Bitcoin price in 5 years. Speaking during a podcast with Anthony Pompliano, Tapiero said that $15 trillion could potentially flow into Bitcoin and push the price to $500,000, representing 20-30x of Bitcoin’s current price level. “In the next five […] дальше »
2020-11-27 12:26
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MicroStrategy Has Lost Over $100 Million On Its Bitcoin Investment Following The Bitcoin Market Crash
Bitcoin bulls have been fired up in recent weeks as its price came close to the coveted $20,000 high. However, the rally halted dead in its tracks with bitcoin crumbling over 11% on Thursday. As a result of this crash, investors have suffered significant losses. дальше »
2020-11-27 12:08
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TA: How A Double Bottom Could Restart Bitcoin Rally Above 17.5k
Bitcoin price declined heavily, but it found support near $16,300 against the US Dollar. BTC is likely forming a double bottom pattern and it could rally if it clears $17,500. Bitcoin is holding the $16,300 support zone and trading above $17,000. дальше »
2020-11-27 06:48
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Fund Manager: Regulation Rumors Not Likely to Affect Bitcoin in Long Term
Yesterday, the chief executive of top Bitcoin exchange Coinbase, Brian Armstrong, revealed that the U. S. Treasury is likely targeting Bitcoin. Armstrong elaborated that he thinks this could have extremely negative effects on the space. дальше »
2020-11-27 04:00
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Time To Pay Attention: Where The Bitcoin Bull Market Correction Might End
Bitcoin price over the last 24 hours saw an over $3,000 crash and more than 15% wiped out from its price tag. Despite the downside, the cryptocurrency is undeniably in a bull market. But bull markets do correct, and when they do it can be powerful. дальше »
2020-11-26 23:00
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Bitcoin Liquidation Data Suggest Recent Crypto Rally Wasn’t Driven by Retail Buyers
It has been a rough past few days for Bitcoin and the entire crypto market. Following BTC’s tests of its all-time highs in the mid-$19,000 region, the benchmark digital asset faced a massive influx of selling pressure. дальше »
2020-11-26 21:46
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Mass Carnage: Bitcoin Bulls Face $750m in Liquidations During Latest Selloff
It has been a rough past 12 hours for Bitcoin, as the benchmark cryptocurrency is currently in the process of erasing weeks of gains as it plunges lower The crypto came within a stone’s throw of its all-time highs before the selling pressure began mounting From here, its price rejected and began its descent down to where it is currently trading at One reason behind this dip is concerns regarding a new wave of crypto […] дальше »
2020-11-26 21:00
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OKEx Users Flee In Droves Shortly After The Exchange Restores Withdrawals
Cryptocurrency withdrawals on OKEx had been suspended for five weeks after one of the exchange’s private key holders could not be reached as they were cooperating with law enforcement in an investigation. дальше »
2020-11-26 16:25
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Bitcoin Could Face Deeper Correction After Dropping $2,000 From Highs
Bitcoin has sustained a strong correction since its $19,600 highs seen earlier today. The coin currently trades for $17,300, down approximately 12% from those highs. Some have suggested the coin could drop lower toward $16,000 in the days ahead. дальше »
2020-11-26 15:00
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Bitcoin Price Sheds Over $3,000 In Biggest Sell-Off Since March — Here Are 3 Simple Reasons Why
The price of the number one cryptocurrency today plunged over $3,000 within hours. After nearly hitting $19,500, bitcoin saw a sharp sell-off to $16,315. This is the worst single-day decline since “Black Thursday” and represents a fall of 11. дальше »
2020-11-26 13:45
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Bitcoin Wicks to $17,100 Amid 14% Pre-Thanksgiving Crash
Bitcoin wicked as low as $17,100 minutes ago as buying pressure finally abated after weeks upon weeks of upward price action. The coin corrected from the $19,600 region yesterday to these lows for a drop of approximately 14%. дальше »
2020-11-26 07:21
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TA: Bitcoin Price Corrects 5%, Why Bulls Are Still Comfortable
Bitcoin price formed a double top pattern near $19,500 and corrected lower against the US Dollar. BTC is now trading below $18,500 and it could test the $18,000 support or $17,600. Bitcoin failed again to clear the $19,500 resistance and started a sharp downside correction. дальше »
2020-11-26 06:48
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Bitcoin Rally Isn’t Just Institutional Driven, Emerging Markets Are Voting For Revolution
Bitcoin very well has the potential to be the successor to the dollar and the next global reserve currency. For now, the store of value narrative and acting as a hedge against inflation has drawn institutions to the asset class finally. дальше »
2020-11-26 04:00
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Peter Schiff Believes Wealthy Investors And Institutions Won’t Buy Bitcoin When Inflation Finally Kicks In
The past couple of months have been remarkable for the bitcoin markets. The number one cryptocurrency which was trading at $3,800 just the other day, breached $19,000 for the first time since the 2017 bull market. дальше »
2020-11-26 00:33
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Bitcoin Pushes Towards Highs as Spot Market Gains Full Control
Bitcoin has seen some incredibly strong price action throughout the past few days and weeks, with the selling pressure seen at its key resistance levels not slowing it down Overnight it was able to rally up towards its previous all-time highs, stopping just short of them when bears stepped up the selling pressure at $19,500 The rejection here was quite intense and caused it to briefly break below $19,000 It does appear to be entering […] дальше »
2020-11-26 21:22
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Quant Analyst: Surging Stablecoin Supply To Drive Unprecedented Bitcoin Buy Pressure
As Bitcoin soars toward a new all-time high and has recaptured the interest of the world of finance, a sizable supply of liquidity is building on exchanges, not in BTC, but in stablecoins. The rising supply alongside surging crypto valuations suggests that the recent rally is “liquidity-driven,” according to one cryptocurrency quantitative analyst. дальше »
2020-11-25 18:00
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What PayPal Allowing Crypto Usage On Over 28 Million Merchants Could Do For Bitcoin By 2021
Payment processing giant PayPal made its way into the crypto-industry after an announcement to support dominant digital currencies like Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), and Litecoin (LTC). дальше »
2020-11-25 17:15
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Bitcoin Price Rises Ahead of FOMC Minutes; What to Expect Next?
Bitcoin rose Wednesday, right ahead of the release of the Federal Open Market Committee’s minutes from their November meeting. The benchmark cryptocurrency climbed 0. 13 percent to $19,198, with its rally slowing down as traders weighted vaccine progress against a persistent rise in coronavirus infections in the US. дальше »
2020-11-25 15:48
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Bitcoin Could Run to New Highs as BTC Forms Tweezer Bottom at $19,000
Bitcoin has undergone its latest leg higher just recently, pushing to $19,450 on top exchanges. The coin now trades for $19,150 after a slight retracement. Analysts remain bullish as the chart remains bullish: a trader said that the coin just formed a tweezer bottom when it went to test the lows at $18,900. дальше »
2020-11-26 15:00
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Pundit Explains Why Bitcoin At $18k In 2020 Is Different From That Of 2017
Bitcoin broke above the $18,000 barrier for the first time in December 2017 and reached its all-time high of $20,089 on December 17, 2017. Three years later, Bitcoin has breached the $18,000 level for the second time and is eyeing $20k and beyond. дальше »
2020-11-25 13:28
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Top Industry Fund Managers Think Bitcoin Could Hit $100,000 This Cycle
Bitcoin has exploded nearly 100% higher in the past six weeks, rallying from the $11,000 range to $19,200 as of this article’s writing Speaking to the Canadian news outlet Globe and Mail, the CIO of Off the Chain Capital said that he thinks Bitcoin rally 500% from here. дальше »
2020-11-26 13:00
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Wall Street Investor: The Altcoin Squeeze Might Be Over, Eyes on Bitcoin
Altcoins have strongly outpaced Bitcoin over the past few days. This is a large shift compared to what took place just weeks ago where it was BTC that was leading the market and altcoins that were down in the dumps. дальше »
2020-11-25 13:00
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TA: Bitcoin Correcting Gains, Key Resistance Turned Support Nearby
Bitcoin price broke to the upside and traded close to $19,500 against the US Dollar. BTC is currently correcting gains, but the previous resistance near $18,800 could provide support. Bitcoin traded above the $18,700 and $18,800 resistance levels before correcting lower. дальше »
2020-11-25 06:48
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Jim Cramer After Pump Toward $20k: It Isn’t Too Late to Buy Bitcoin
Bitcoin is exploding higher after days of consolidation under $19,000. The leading cryptocurrency as of this article’s writing is in the midst of shooting toward previous all-time highs. Bitcoin currently trades for $19,400, which is the highest it has traded since the late 2017 highs. дальше »
2020-11-25 02:59
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Bitcoin Continues Plowing Higher as Uptrend Shows Few Signs of Slowing
Bitcoin has been pushing higher throughout the past few days and weeks, with sellers being wholly unable to gain any ground against bulls This comes as BTC pushes past $19,000, which has long been a strong resistance level that has sparked multiple fleeting selloffs Now that it is firmly above this level, it may be well-positioned to see significantly further upwards momentum in the near-term One analyst is noting that its failure to break below […] дальше »
2020-11-25 02:00
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This Technical Pattern Suggests Yearn.finance (YFI) Could See a Massive Breakout
Yearn. finance’s YFI token has been consolidating within the mid-$20,000 region throughout the past few weeks, with its recent parabolic surge from lows of $7,500 getting slightly overheated after it approached $30,000. дальше »
2020-11-25 02:00
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Bitcoin Price Hits Historic $19,000 Milestone, Eyes New Record Highs
The price of the world’s most valuable cryptocurrency has gone absolutely berserk over the past couple of days. After briefly cooling off while altcoins like XRP and ethereum stole the show, bitcoin moved past $19,000 today for the first time since December 2017. дальше »
2020-11-25 21:02
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Bitcoin Breaks $19,000: Why Analysts are Concerned of a 30%+ Pullback
Bitcoin and the entire cryptocurrency market have been caught in the throes of an intense uptrend throughout the past few days Bulls have been aggressively propelling the cryptocurrency higher, with BTC now pushing past its key $19,000 resistance level The selling pressure here has proven to be quite intense, making the firm break above this level technically significant If the cryptocurrency can hold above $19,000 for an extended period of time, it could be a […] дальше »
2020-11-25 21:00
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Too Many Active Bitcoin Whales On Coinbase Suggest Price Is Likely To Go Down Soon – CryptoQuant CEO Warns
A few days after Coinbase twice experienced technical difficulties during the BTC price spike moments, its data now suggests that there are too many active BTC whales on the spot exchange who might be waiting to cash in on an expected all-time high. дальше »
2020-11-25 20:39
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Ethereum Spikes To 2.5 Year Highs As Altcoins Benefit From Bitcoin’s Recent Ascent
Bitcoin is back with a bang. The oldest cryptocurrency surpassed the $18,000 level last week for the first time since the December 2017 rally. On Monday, the cryptocurrency marched higher on reports that the coronavirus vaccine created by the University of Oxford and AstraZeneca can be 90% effective. дальше »
2020-11-25 18:08
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Why The Record $5,000 Bitcoin Monthly Close Could Soon Become The Norm
Bitcoin is the best performing mainstream financial asset of 2020 and of the last decade. No other asset since its inception has brought investors a larger return on their initial capital. And at this point, there is only one day where the cryptocurrency traded at higher prices. дальше »
2020-11-25 18:00
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Futures and fund flows strongly indicates that Bitcoin is swiftly replacing Gold
Bitcoin’s price appreciation has been moving at an interesting pace, almost suggesting that Bitcoin is replacing Gold. This was implied by Bloomberg’s senior commodity strategist Mike McGlone who posted the Bitcoin futures flow chart on Twitter. дальше »
2020-11-24 15:27
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Analysts Don’t Know What to Think as Bitcoin Whipsaws Between $18k and $19k
Bitcoin has seen extreme intraday volatility over the past few days. In the past two days, the coin has traded at both $17,500 and $18,800. Analysts don’t know what exactly to think about this price action. дальше »
2020-11-24 13:00
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