Cryptocurrency Analysis and News Portal
The cryptocurrency market faced another day of downward pressure as the unease in the traditional markets continues to spread following the recent interest rate spike on the 10-year U.S. Treasury bond. Data from Cryptox Markets and TradingView shows that the price of Bitcoin (BTC) fell to a low at $44,710 late
Read More
Bitcoin is stable after a volatile Wednesday and mostly trading at $51,220.By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.Bitcoin (BTC) price is over $51 now.MicroStrategy is investing $900 million in BTC.SynBiotic SE is converting some of its funds into BTC.The weekly chart of Bitcoin shows the ascending tendency with the target at
Read More
Purpose Investments CEO Som Seif, speaking on CryptoX TV, said there have been measurable improvements made to the infrastructure supporting the crypto economy. In fact, he thinks it would have been a mistake three years ago if regulators had approved a bitcoin exchange-traded fund when his firm first floated an
Read More
Spillover from market drama on Wall Street is crippling U.S. crypto exchanges. Source
Read More
Some bitcoin investors appear to be buying in around $30,000 and taking profits at $40,000, according to one analyst. Meanwhile, ether’s spot market is decoupling from bitcoin and gyrating wildly, according to volatility metrics.Bitcoin (BTC) trading around $32,963 as of 21:15 UTC (4:15 p.m. ET). Gaining 3.5% over the previous
Read More
Data from on-chain data site Glassnode shows the number of addresses with 1,000 or more bitcoin (often called “whales”) continued to increase this week while bitcoin’s price dropped, dipping below $30,000 on Thursday. The count of such addresses dropped in late December and has spiked again since the beginning of
Read More
Bitcoin price has re-established the $40,000 level as support but as bull push toward a new all-time high the possibility of another sharp sell-off looms.According to analysts at Material Indicators, a crypto analytics company, mega-whales sold off steeply when Bitcoin hit $40,000 on Jan. 7. This led to a quick
Read More
Both Bitcoin and Tesla stock have benefitted from each other’s individual volatility to date with 2020 marking a historic year for both assets.The cryptocurrency ecosystem is known to be a very volatile space with Bitcoin’s volatility causing skepticism amongst some groups of investors. While many people are familiar with Bitcoin
Read More
Bitcoin is so far seeing a quiet weekend, with bulls taking control of its price action as they
Read More
Bitcoin price is still trading within striking distance of $20,000, however, momentum could be turning toward the downside
Read More