From the $8,800 lows seen on Thursday, Bitcoin has registered a healthy rebound, recently retaking $9,200. While this bounce off the lows has made many traders optimistic, the cryptocurrency remains on the edge of a cliff, a new analysis suggests. That’s to say, should prices fall or stagnate from here, Read more…
Multinational investment bank Goldman Sachs will be hosting a Bitcoin call on May 27th for its clients. The news was revealed Friday by The Block’s Mike Dudas, who shared the image below of an invitation to a call for May 27th entitled “Implications of Current Policies for Inflation, Gold, and Read more…
It’s been a tough past few days for Bitcoin. The cryptocurrency has slipped approximately 10% from the $10,100 monthly highs to a recent low of $8,800, triggered by fears that Satoshi Nakamoto is dumping his BTC. While those rumors have since been disproven by blockchain analytics companies, BTC has yet to recover. Worse Read more…
Satoshi teases a comeback Bitcoin price bounces back The rumored return of Satoshi Nakamoto, the elusive Bitcoin creator, tanked the BTC price more than seven percent to its intraday low of $9,100 on the Bitstamp exchange. However, those who are concerned about this drop certainly miss the forest for the trees Read more…
Bitcoin experiences a Golden Cross for the first time since February 2020. The bullish indicator surfaced as open interest for CME Bitcoin Futures hit a record high. Nevertheless, the cryptocurrency continues to hover below $10,000, while eyeing a price breakout. On Wednesday, Bitcoin printed what is known in technical analysis Read more…
Exchanges, Custodies, Whales Difficult Not be Bullish Delphi Digital, which addresses the sphere of digital asset consulting, revealed the inspiring takeaways from its recent State of Bitcoin 2020 report. Exchanges, Custodies, Whales According to the experts at Delphi Digital, three factors determine the current landscape of Bitcoin (BTC): First of Read more…
Most of the users who buy Bitcoin on Coinbase end up switching to an alternative currency, especially when BTC starts a “bull run”, according to a Coinbase report. Users trade BTC for Altcoins looking to boost profits According to Coinbase, this could be because traders feel confident about their investments Read more…
Bitcoin bull Mike Novogratz has yet again called for a big price target for the leading cryptocurrency. Novogratz’s price prediction for bitcoin by the end of 2020 is $20,000, the all-time high hit by the world’s leading currency during the 2017 bull rally. However, he expects the halving event to Read more…
The cryptocurrency space is in high spirits as the third Bitcoin halving approaches. Investors and BTC holders alike also have high expectations as they expect a bull run both before and after the lockdown. Such expectations, however, should be held with caution as the bull run may not be all roses. This Read more…
Bitcoin’s block reward halving is here at long last. Estimates suggest that the event is a mere seven days out from taking place. The halving is an event that will see the number of coins issued per Bitcoin block cut in half from 12.5 to 6.25. This will result in an instant 50% Read more…