Bitcoin has continued with its daily equilibrium pattern but had a strong bullish day yesterday going from $9,110 to $9,625. Currently, Bitcoin is under consolidation from yesterday’s move but the bulls are comfortable. The daily 12-EMA will serve as support as the bulls are looking to set a higher low Read more…
Bill Zielke, BitPay’s Chief Marketing Officer, revealed on Thursday this week that the company was not planning to integrate the layer 2 Bitcoin channels. Bill explains that Bitcoin transactions dominate the customers’ preference hence no rush to switch despite the fees reaching highs of $7 after a 256% spike earlier in the Read more…
A giant repositioning since December 2017 is about to come to a close, claims Positive Crypto, leading to new price all-time highs. Bitcoin (BTC) has spent almost 900 days correcting from its $20,000 all-time highs — but its trip to $100,000 is about to start. That is the opinion of Read more…
The Thirteenth National People’s Congress and Chinese People’s Political Consultative Conference has come to an end on May 28. According to Xinhua news, the same day the parliament passed a new civil code; a legislation package that includes protecting the civil rights of inheritance, marriage, property, personality, contract and infringement. The new code states: Read more…
If you were into Bitcoin and crypto for at least five years, the name Chris Dunn would probably sound familiar to you. The 35 years old Texas boy was one of the first crypto YouTubers. As of writing these lines, his popular channel has more than 200,000 subscribers since its first uploaded Read more…
The naked truth Bitcoin isn’t generous on clues In a new tweet, commodity trading veteran Peter Brandt opines that the actual price of Bitcoin is more important than any indicator when it comes to determining another pivotal move. Brandt explains that all indicators are actually derived from price, which makes them Read more…
Independent researcher Kevin Rooke estimates that Grayscale has ramped up its Bitcoin accumulation to a rate equivalent to 150% of the new BTC created since the halving. Crypto fund manager Grayscale Investments is accumulating Bitcoin at a rate equivalent to 150% of the new coins created by miners since the Read more…
Banks and other financial institutions have never been close friends of Bitcoin and other cryptocurrencies. Goldman Sachs is a good example, albeit it seems that the bank has some other problems to deal with as well. This week, the people at Goldman Sachs had an interesting discussion on Bitcoin, inflation, Read more…
Bitcoin (BTC) has just surged by more than $250 in the last three hours to reclaim the $9,000 price point. Bitcoin is now trading at $9,157—up by four percent since yesterday as a result of a sudden increase in trading volume. The last month has been a particularly volatile period Read more…
Bitcoin daily chart Bitcoin trades lower on Tuesday as general crypto sentiment remain weak. The market seems to be stuck between a rock and a hard place since the halving event took place last week. Now BTC/USD dipped below the 9K level after rejecting the 10K resistance zone twice in relatively quick Read more…