China Decoupling From Bitcoin

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This “Perfect” Sell Setup Marked Bitcoin’s $10,000 High. It Just Returned

Early this week, analysts were expecting for Bitcoin to start to reverse lower. The cryptocurrency, after rallying for five weeks straight, was seemingly starting to top out, falling to $6,800 in a move that liquidated dozens of millions.

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Cryptocurrency In 2019: The Year Bitcoin Waltzed Into Wall Street and Made Believers Out of Bankers

It speaks for the unique irrationality and lingering immaturity of cryptocurrency markets that a year which followed a seemingly interminable death spiral and yet saw Bitcoin more than double its dollar value is not interpreted to be as bullish as it would be for any other asset.

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Bitcoin Increase Driven by $500M Rise in Tether’s Market Capitalization

Many noticed that Tether (USDT) seemed to gain some $500M to its market capitalization seemingly out of nowhere on CoinMarketCap yesterday. Bitcoin began to rise just hours after. The market capitalization of Tether (USDT) has been mostly stagnant since August of 2019.

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Gold Price Dips as Iran Risk Subsides, Bitcoin Retains Value

Gold price seemed to react immediately to the lessened risk of tensions between the US and Iran today. Gold bullion has now dropped from its recent highest peak since 2013, as investors seemingly switch to more risky assets.

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Bitcoin Naysayer’s Doomsday Prediction Perfectly Called the Bottom (Again)

It is never easy to predict the movement of Bitcoin. Peter Schiff, who has seemingly set up a crusade against Bitcoin, has been making doomsday predictions which not only fail to come to fruition but appear to be a reliable counter indicator.

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Low Bitcoin volumes and volatility signal uncertainty behind BTC’s latest rally

Despite a strong rebound in both price and sentiment, the Bitcoin market is grappling with the lowest real trade volumes seen since April last year, as reported by Forbes.   Bitcoin posted a convincing bull rally Friday morning, seemingly ending a weeks-long consolidation that had taken BTC down to $6,900.

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This Scary Fractal Suggests Bitcoin Price Is On Its Way to $3,000

Over the past few weeks, Bitcoin (BTC) has been consolidating in the range around $7,000, seemingly stuck in between a rock and a hard place. Indeed, the cryptocurrency has many times bounced in the mid-$6,000s, where there is macro support, and has been rejected multiple times in the resistance band around the high-$7,000s.

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Bitcoin Is Much Better Than Gold ? Unseizable and Extremely Portable: Weiss Ratings

In the seemingly endless dispute of investors about gold and Bitcoin, the financial agency Weiss Ratings takes the side of BTC, mentioning its advantages over gold

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Bitcoin Is Less Useful Than Gold, Says Billionaire Mark Cuban

Mark Cuban seemingly prefers gold over Bitcoin, according to his latest Twitter debate with the crypto community

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MARKETS DAILY: Defeating the ‘Domination’ of the US Dollar

With bitcoin seemingly back to 'normal', we take a moment to look at historical adoption at the fringe and how it might apply to national cryptocurrencies. It's CoinDesk's Markets Daily.

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Breaking: As Bitcoin Reclaims $7,000, Bakkt Volume Explodes to New High

The past three days have been an absolute whirlwind for Bitcoin, with the price of the leading cryptocurrency whipping between $7,150, $6,400, and everywhere in between, seemingly without rhyme or reason.

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Forget Bitcoin Volatility, Let’s Talk About Amazon’s 99% Collapse

Today’s tech company world is dominated by names like Amazon, Google, Facebook, Cisco, and a bevy of others who have seemingly, without much strife, cornered the market. However, some of these companies have faced an over 96 percent collapse in value in their time – but people still say Bitcoin is an unnecessary risk.

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Why Bloomberg Analysts Expect Bitcoin Price to Rally Past $10,000

Bitcoin didn’t have the best second half of 2019, plunging from a year-to-date high of $14,000 in June to $7,400, where it sits as of the time of writing this. At its lows, the cryptocurrency fell as low as $6,600, languishing as BTC buyers failed to step in amid selling pressure seemingly catalyzed by Chinese.

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Bitcoin’s Hashrate is Seemingly on a Downward Spiral

As the year almost comes to a close, there could be some interesting Bitcoin action in the weeks ahead. If the network hashrate is any indication, that activity might not necessarily be positive.

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Eerie Bitcoin Fractal Suggests Bottom in at $6.6k, Surge to $8k Likely

While Bitcoin’s price seemingly moves without rhyme or reason — collapsing by dozens of percent and embarking on face-melting rallies on a whim — the cryptocurrency market is filled to the brim with fractals.

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Emirex Doubles Down with IEO Announcement, Building a Comprehensive Crypto Ecosystem in the Middle East

The cryptocurrency space has seemingly revived in 2019. After a massive blood-letting through the course of 2018, the space has begun to regain a new life. The price of Bitcoin, for example, increased over 400% through the first half of the year.

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Crypto Tidbits: RBC May Embrace Bitcoin, China Bashes Cryptocurrency, Ethereum DeFi Booming

Another week, another round of Crypto Tidbits. The past seven days were rather painful for Bitcoin (BTC), with the leading cryptocurrency tumbling by some 4% according to Coin360. Altcoins have posted similar losses.

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Eerily Accurate Fractal Suggests Bitcoin (BTC) Price to Fall 25%

While Bitcoin’s price seemingly moves without rhyme or reason — collapsing by dozens of percent and embarking on face-melting rallies on a whim — the cryptocurrency market is filled to the brim with fractals.

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The ‘Doomsday’ Economists Were Wrong, May Underestimate Bitcoin Too

“Armageddon” economists have been proven wrong by the economic recovery of the past few years. Many will likely be just as wrong about Bitcoin and cryptocurrencies. The economic forecast looks surprisingly good, but some economists were saying otherwise a few years ago.

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Technicals Lean Bullish as Massive Bitcoin Price Move Brews

Bitcoin (BTC) is about to see a massive bout of volatility, according to a long-term technical indicator. Sure, the leading cryptocurrency spiked by 42% two weeks back, surging from $7,300 to $10,500 seemingly on the news that China’s President was calling for the formal adoption of blockchain technologies.

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Will Bitcoin Retrace to Low-$7,000s? Price Fractal Says So

While Bitcoin’s price seemingly moves without rhyme or reason — collapsing by dozens of percent and embarking on face-melting rallies on a whim — the cryptocurrency market is filled to the brim with fractals.

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Data shows no increase in Bitcoin withdrawals following BitMEX email leak

Crypto derivatives exchange BitMEX hasn’t seen a major increase in withdrawals following the email leak it experienced last week. With 30,000 emails potentially compromised, the exchange prevented users from emptying their BitMEX balances by temporarily disabling Bitcoin withdrawals during the weekend.

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Fractal: Bitcoin Price to Surge Back Above $10,000 in Coming Weeks

While Bitcoin’s price seemingly moves without rhyme or reason — collapsing by dozens of percent and embarking on face-melting rallies on a whim — the cryptocurrency market is filled to the brim with fractals.

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Who Caused the 42% Bitcoin (BTC) Rally?

The Bitcoin rally late last Friday added a dramatic 42% gain to its peak at above $10,000. The days before that saw seemingly disconnected “whale” transactions going to exchanges. Chinese Traders Not the Whole Story But then, the markets were on fire, with the common cause seen as “the Xi Effect”.

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Detente: Will China Reopen Bitcoin Exchanges as Part of Trade Deal?

China has seemingly gone full blockchain with a media blitz following a speech by president Xi Jinping. Easily dismissible as a gimmick, especially their plans for a Central Bank Digital... The post Detente: Will China Reopen Bitcoin Exchanges as Part of Trade Deal? appeared first on Trustnodes.

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Analyst: One-Week Chart Implies Bullish Bitcoin Price Reversal

The Bitcoin price has seen a crazy past 36 to 48 hours. After tumbling to as low as $7,300 in the middle of this week for seemingly no reason, BTC shot higher on Friday and Saturday, blowing the socks of traders the industry over.

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Bitcoin Price to Pump Further After Friday’s 15% Bounce: Analysts

Seemingly in response to news that China has officially endorsed blockchain development, Bitcoin (BTC) surged on Friday, liquidating $150 million worth of BitMEX shorts in the process. Ouch. At its daily peak, the cryptocurrency’s price hit $8,800 — the highest it had been in over three weeks.

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An Increase in Bakkt Bitcoin Futures Volume Isn’t a Good Thing

Many different factors can influence the future value of Bitcoin. Given the current circumstances, it seems rather unlikely that any major uptrend will materialize. The Bakkt Bitcoin futures are seemingly becoming more popular, but it seems plausible to assume that popularity will only trigger more bearish pressure in the foreseeable future.

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Bitcoin SV Leads Altcoins With 20% Daily Increase Yesterday

Since the Bitcoin Cash blockchain hard forked, Bitcoin Satoshi’s Vision (BSV) has been very closely associated with Craig Wright. Even though Wright has been embroiled in one controversy after another, the Bitcoin SV price has seemingly been immune to negative news, having increased by roughly 30% in the past two days.

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5 Reasons McAfee’s $2 Million Bitcoin Prediction May Not Be So Crazy

McAfee’s latest call for a $2 million bitcoin by the end of 2020 may seem a bit far-fetched but hear him out. Despite even the most optimistic models falling short of that value, here are five reasons why his prediction may not be so crazy.

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Why Institutions Have Yet to Delve Into Bitcoin: Crypto VCs Explain

Bitcoin (BTC) has long been described as a movement to phase out institutions. But ironically, it is institutions that many cryptocurrency investors have claimed to rely on to boost Bitcoin to fresh all-time highs.

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Bitcoin Whale Seemingly Unloading Large Stacks on OKEx

In an industry where whales are thought to be behind the scenes pulling the strings on the market, tracking large transfer originating from high net worth wallets could be considered market analysis.

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Bitcoin May Still Be in a Downward Channel, Despite Yesterday’s Rally

Bitcoin is an asset noted for its sustained volatility and unpredictability. This has been especially true in the short-term, where the price has made upward and downward moves seemingly at will.

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Bitcoin Price Looks North Despite SEC’s Latest ETF Rejection

Bitcoin may rise to $9,000 in the short-term, as traders are seemingly unfazed by the U.S. regulator's decision to reject Bitwise's bitcoin ETF proposal.

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First Bitcoin Buy Signal This Year as It Stabilizes at $8,000

The GTI Global Strength Indicator (GSI) is giving investors a buy signal for Bitcoin, the first time since December 2018. The metric measures the volatility of a given asset to calculate a suitable buy-in price.

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Britain’s FCA Considering Retail Ban on Cryptocurrency Derivatives

Bitcoin derivatives are all the rage, lately, with seemingly everyone wanting to get in on futures or options regarding the asset. For example, we have Bakkt’s futures contracts that just launched, though they aren’t performing as enthusiasts had hoped, as BeInCrypto has previously reported.

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Bitcoin Hash and Difficulty Play Leads to Rare Block Variations

The inter-play between bitcoin’s hashrate and difficulty has seemingly led to considerable block time volatility in the past 24 hours. According to Coin Dance data, there was no block at. .

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Venezuela’s Bitcoin Stash Built by Intimidation and Extortion

A new report emerged yesterday claiming that Venezuela’s central bank is considering using the Bitcoin and Ether reserves at its disposal to alleviate the country’s seemingly never-ending economic woes.

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Bitcoin scammers are already impersonating Bakkt just days after its launch

Cryptocurrency giveaway scams are nothing new. Fraudsters have been known in the past to impersonate the likes of Elon Musk or Vitalik Buterin to con unwitting victims. And now, just days after its launch, we are seeing crypto con artists impersonate Bitcoin futures platform Bakkt.

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When Bottom? Here Are The Top Bitcoin Price Predictions Today

The BTC market price moved from a seemingly bulletproof $10,000 to as low as $8,000. For this year, lows around $5,000 look distant, but September’s correction raised a new batch of predictions.

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Crypto Bloodbath Depresses Bitcoin (BTC) to $8,000

Without warning, Bitcoin (BTC) abandoned the seemingly stable $10,000 range, fulfilling the expectations of a deep correction.

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Ethereum Price Analysis and Prediction – Is the Bloodbath Over?

There was major panic in the cryptocurrency market today as most coins took double digits losses of over 10%, with some like Bitcoin SV losing close to 30% of its value in 24 hours. The Ethereum price also exhibited a 16% loss, but things might be looking up.

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5 Top 100 Coins Noting Gains as Bitcoin Plummets Further

As the Bitcoin price is seemingly intent on trending lower over the next few hours and days, there will be other markets reaping the benefits. Altcoins need to rise up in value to thwart Bitcoin’s gravitational pull.

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Bitcoin Weekly Chart May Point to Covert Bullishness

After incurring a sudden influx of buying pressure yesterday that sent Bitcoin’s price surging past $10,400, the crypto’s bulls were unable to perpetuate this momentum, which has since led BTC to retrace back towards the lower-$10,000 region.

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Sunday Digest: Bitcoin Price Moving Up, Arthur Hayes is Back

With worldwide politics in disarray, and even the weather seemingly conspiring against humanity… Is it time to take our Bitcoin stash and move into a remote bunker yet? Bitcoin Price: Finally On The Up Again? After several weeks of consolidation, it feels like bitcoin price may finally be heading upwards again… until the next dip, that is.

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Youngest Bitcoin Millionaire Upgrades Crypto-Payments App to Depose Libra Cryptocurrency

The self-acclaimed youngest bitcoin millionaire is seemingly ambitious and confident that a newly upgraded payments app would depose Libra even before the Facebook cryptocurrency has launched. In a Twitter post on August 19, 2019, the young cryptocurrency investor announced the launch of Metal Pay, which is touted to reach a large number of people inRead MoreRead More.

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Bitcoin Maximalist Sceptical of @Bitcoin’s Pivot from BCH

Author, professor, and staunch Bitcoin maximalist Saifedean Ammous is sceptical about the seemingly overnight change of allegiances at the Twitter account @Bitcoin. The Twitter account that was clearly affiliated with the Bitcoin Cash, despite its name, now expresses pro-BTC sentiment.

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‘Bitcoin Broke Up With Roger’: Major Twitter Account Ditches Bitcoin Cash

A Bitcoin Twitter account with almost a million followers has dumped Bitcoin Cash in favor of Bitcoin itself – and everyone is trying to explain why. @Bitcoin Finally Promotes Bitcoin Again In a seemingly random turn of events, @Bitcoin, one of the Bitcoin industry’s biggest misnomers, suddenly began promoting Bitcoin , in line with its Twitter handle.

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