One crypto trader recently noted that Bitcoin’s three-week RSI and 9 exponential moving average looks similar now to what it looked like at the start of the previous bull run. Should Bitcoin follow the path it took last time the 9 exponential moving average and RSI looked as they did on the Read more…
Bitcoin has stabilized after last week’s sharp sell-off, but is there going to be more short-term pain before we see long-term gains, or is the selling already done? After last week’s sizeable drop, Bitcoin has struggled all week to get going. Every recovery attempt has been futile. Similar price action has Read more…
Ethereum was trading at $370.46 by 22:20 (02:20 GMT) on the Investing Index on Thursday, up 10.08% on the day. It was the largest one-day percentage gain since August 1. The move upwards pushed Ethereum’s market cap up to $41.31B, or 12.26% of the total cryptocurrency market cap. At its highest, Read more…
Binance pioneers XRP derivatives Bitcoin Futures turns one Binance Futures, the futures trading platform of the world’s largest cryptocurrency exchange by reported trading volumes, is set to launch two new perpetual contracts for XRP and Ethereum Classic (ETC), according to its Tuesday announcement. The contracts will be paired against the USD Read more…
A new report suggests that Satoshi Nakamoto mined 1,125,150 Bitcoin in the network’s early days. This is slightly higher than a previous estimate of around 1.1 million Bitcoin. The researcher also said that Nakamoto was mining largely to protect the young network from 51% attacks. Satoshi Nakamoto, the enigmatic creator Read more…
Coinbase blocked 30.4 BTC from being transferred to the address of the Twitter hackers by blacklisting it However, before the address was blacklisted, 14 Coinbase customers sent a collective $3,000 worth of BTC An analyst thinks the stolen BTC were already sold and the new owners are trying to clean Read more…
Joe Biden revealed via Twitter that he holds no Bitcoin. The presumptive Democratic presidential nominee fell victim to a large scale hack on dozens of high profile Twitter accounts the day before. Both sides of the aisle have had things to say about digital currencies like Bitcoin. The Biden campaign Read more…
‘Not so bearish’ patterns are surfacing and Bitcoin looks prepared to move past the $9,000 range. The king coin had been trading sideways throughout the week as Bitcoin trifled with the higher ends of $9,000. Not very much has changed in price movement, yet the constant sideways move is another indication that Read more…
After the massive Twitter hack in which official Twitter accounts of Apple, Uber, Bill Gates, Joe Biden, Elon Mush and others were hijacked and fake tweets were posted. The fake tweet was offering $2,000 for every $1,000 sent to an anonymous Bitcoin address. Elon Musk, just tweets about Dogecoin [DOGE] when one Read more…
Gold bug and notorious cryptocurrency critic Peter Schiff wonders whether the recent hack of verified profiles on Twitter is “a harbinger of Bitcoin itself being hacked.” In a July 16 tweet, Schiff mentioned yesterday’s mass hack of verified Twitter profiles which were used to promote a Bitcoin scam, further suggesting that it could Read more…