Cryptocurrency Analysis and News Portal
While trading Chinese yuan through Bitcoin may technically be banned in China, that hasn’t stopped the country’s citizens from talking up a storm about cryptocurrency.This much was made clear on Sunday when Samson Mow, CSO of Blockstream, noted that according to data from Weibo (‘Chinese Twitter’), Bitcoin was a trending
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It’s been an explosive past few weeks for Bitcoin. The cryptocurrency, which traded in the $6,000s at the start of April, traded as high as $9,500 last week.While the ongoing rally has stalled in the $8,000s, with BTC holding at $8,800, analysts expect upside.Backing this sentiment is a confluence of
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Bitcoin has lagged gold this year as investors looked for hedges against inflation – especially with the Federal Reserve creating trillions of dollars of fresh money to offset the devastating economic and market toll of the coronavirus. The oldest cryptocurrency jumped 13% on Wednesday, the most in six weeks, as Fed
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With the Bitcoin blockchain's once-every-four-years rewards halving now just two weeks away, some analysts are starting to fix their sights on the next upside target: $10,000. Source
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Major South Korean exchange Bithumb has launched leverage trading for Bitcoin (BTC) and Ether (ETH) on its global platform.While the exchange states that the move is in response to “a surge in demand in crypto services,” Bithumb Global’s introduction of margin comes just weeks after the largest deleverage event
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Bitcoin’s price action over the past couple of weeks has made it incredibly unclear as to whether or not the uptrend it has seen throughout 2020 is more than just a fleeting attempt to rally. Now, BTC’s ongoing bout of sideways trading comes just a couple of months before what one
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Bitcoin is continuing to pile on the gains.The number one cryptocurrency by market value rose to a three-month high of $9,859 during the U.S. trading hours on Thursday and was last seen trading at $9,801, according to CoinDesk's Bitcoin Price Index. With the surge to multi-month highs, bitcoin has recovered a
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A sudden bounce back led bitcoin to register its biggest daily gain in seven weeks.Earlier this week, the cryptocurrency had fallen by up to 9.91 percent on Coinbase exchange.The latest push upwards flashes an interim bullish setup.Bitcoin on Wednesday surged by more than 10 percent to register its biggest daily
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Bitcoin, the world’s most famous cryptocurrency continued through this fall following charges from sharp pickups the previous month, plunging nearly 40% in just hours after China’s head of state made hopeful statements about blockchain innovation.The digital money started in November at $9,131.42, before hitting $9,526.17 on November 4, after which
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Bakkt, the bitcoin subsidiary of NYSE owner ICE, has announced the launch date and specs for its Singapore-listed, cash-delivered bitcoin futures. Source
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