Cryptocurrency Analysis and News Portal
Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin (BTC). The catalysts are increasing adoption, whales, inflows from other products into Bitcoin, and influence from other markets. Alameda Research is a major cryptocurrency firm that trades a variety of cryptocurrencies and
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Bitcoin inched towards $18,500 on Tuesday night. A sell-off occurred, and the cryptocurrency lost its support base of
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Bitcoin traders expect a significant increase in volatility as the leading cryptocurrency continues to recoup nearly all its losses since topping out just below $20,000 in late 2017. Whether the volatility comes from increased buying or selling is a matter of disagreement. Through bitcoin’s current rally, volatility has remained low. Since
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Bitcoin price gained bullish momentum and it broke the $16,500 resistance against the US Dollar. BTC is likely
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Bitcoin has continued to soar higher after our last market update. The cryptocurrency recently traded as high as
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Bitcoin price has been showing significant strength as Bitcoin (BTC) rallied by more than 60% in a matter of six weeks, surging from $10,000 to $16,500 and leaving many investors behind.These investors were waiting for the close of the CME gap at $9,600, which didn’t occur. However, can the markets expect
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Over the weekend numerous traders pointed out that Bitcoin (BTC) price broke its parabolic uptrend which had dated back to September. Technical analysts are bracing for a pullback as the dominant cryptocurrency eyes consolidation.Bitcoin could still see a strong recovery after the weekly close if there is a continuation of the
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Quick take:The share price of Grayscale Bitcoin Trust (GBTC) has increased by 63% since October 1stGrayscale continues to accumulate Bitcoin (BTC) owning approximately 2.7% of the total supplyInvestors who believe Bitcoin is overpriced could be buying GBTC as a long term holdThe share price of the Grayscale Bitcoin Trust (GBTC)
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The price of Bitcoin (BTC) dropped to as low as $15,670 on Binance on Nov. 15. The highly volatile drop came hours after BTC reached $16,355, demonstrating strong momentum. Three key factors likely caused the overnight drop in the price of Bitcoin. The three potential factors are a weekend shakeout, the
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Litecoin has been widely looked down upon by investors as an inferior version of Bitcoin with few distinguishable
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