Cryptocurrency Analysis and News Portal
A new token lets traders make gains whenever bitcoin’s price falls.Swiss fintech firm Amun launched its BTCSHORT (BTCS) daily inverse token Wednesday, which returns a gain based on bitcoin’s (BTC) inverse price movements in a given 24-hour period. The product complements a recent bitcoin inverse exchange traded product (ETP) released
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Bitcoin (BTC) rose to take $9,000 yet again on May 6 as the mission to create new support levels continued.Cryptocurrency market daily overview. Source: Coin360Analyst: BTC “doing well” even with $6K dipData from Cryptox Markets showed BTC, the top-ranked cryptocurrency by market capitalization, grinding upwards overnight on Tuesday, having hit
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Recent research shows that there is an inverse relationship between the percentage of the Tether (USDT) stablecoin on exchanges and Bitcoin’s (BTC) price.Cryptocurrency market insights firm Santiment published analysis showing that the percentage of USDT held on exchanges is inversely related to Bitcoin’s price. In a May 4 tweet, the
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On May 5, Bitcoin (BTC) price recovered a significant portion of its losses from Sunday’s weekly close correction and data from Cryptox Markets and CoinMarketCap shows that within the last hour the digital asset crossed above the $9K mark again. Despite correcting to $8,500 on Sunday, Bitcoin price quickly rebounded and
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Bitcoin (BTC) is trading below $9,000 at around $8,800 as the halving is getting closer with a high level of price uncertainty. According to Morgan Creek Digital co-founder Jason A. Williams, BTC price will hit $10K before the halving.After a bull run that saw the Bitcoin (BTC) price clinch above
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Bitcoin halving is expected to happen in 7 days and analysts have very different opinions on possible BTC price movements after the event. It said that the price may drop.Even though we were witnessing Bitcoin rally in the last few days, it seems that we came to the history repeating
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Bitcoin has again rallied sharply in the weeks leading up to its impending halving event. But if historic patterns are anything to go by, the cryptocurrency could suffer a temporary price pullback following the supply-altering event. The top cryptocurrency by market value has risen by over 130% since bottoming out at
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The Bitcoin (BTC) block reward halving is set to occur on May 12 and traders have mixed opinions on the direction of BTC price following the event. Some believe that a “sell the news” type drop will occur after the event while others foresee bullish continuation.If BTC, the top listed
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Bitcoin (BTC) price has risen over the $9K mark for the second time in 24-hours. On Saturday the day bulls managed to push the price of the top listed crypto-asset on CoinMarketCap to $9,010 but the price quickly rejected at the top of the bull pennant and pulled back to
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Investors in Bitcoin (BTC) have seen a tremendous week, as the price of the top-ranked cryptocurrency rallied from $7,500 to $9,500. A rally of $2,000 in just a matter of a week.Is this halving FOMO? Sustainable growth? All questions are arising in the recent movements, but overall a solid week
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