Schiff doesn’t learn from his mistakes Riding it to zero Peter Schiff, the CEO of Euro Pacific Capital who’s known for his unpopular bearish views on Bitcoin, is convinced that the flagship cryptocurrency is never touching $25,000, according to his recent tweet. This is the lowest price point posted by in Read more…
Bitcoin options worth $1 billion are set to expire tomorrow. The largest options expiration to date could mean strong volatility ahead for Bitcoin. But some analysts say don’t expect a big impact right away. A billion dollar batch of Bitcoin options is set to expire tomorrow—and that means a $1 billion question Read more…
Bitcoin is trading inside a tight range with its 10-day realized volatility dropping to a year-to-date low of 30 percent. Several analysts point to a lackluster sentiment in the market as Bitcoin repeatedly fails to continue its uptrend beyond $10,000. A period of low volatility mostly ends up in a Read more…
Bitcoin addresses that contain more than 100 BTC are on the rise, according to data fetched by Santiment. Forty-three new crypto wallets are holding more than a ton bitcoin tokens as the cryptocurrency trades flat below $10,000. The growing number of large BTC holders has lately resulted in short-term price rallies. Read more…
A new Bloomberg report claims that bitcoin will approach its record all-time high of $20,000 amidst the fallout from COVID-19 and other market accelerators. According to Bloomberg’s June 2020 Crypto Outlook report, bitcoin has been gaining support around the $10,000 price point since the halving. Senior commodity strategist Mike McGlone writes that Read more…
Asudden surge in sell orders has dropped the price of Bitcoin (BTC) below $10,000. The price of Bitcoin fell to $9,700 before heading even further, down to $9,400. At time of writing, the price is currently recovering a little, back up to $9,500 but the price action isn’t over yet. Read more…
The start of June has turned out very positive for the cryptocurrency market. What is interesting, altcoins have kept up with the growth of Bitcoin (BTC). Bitcoin Cash (BCH) has rocketed even more, showing more than 7% growth over the past day. Top 10 coins by Coinstats The current blast Read more…
Bitcoin has seen some incredibly mixed price action as of late, with BTC struggling to garner any notable momentum as it approaches its heavy resistance $10,000 This resistance has proven to be insurmountable on multiple occasions throughout the past several weeks and months One analyst is now noting that BTC’s Read more…
Bitcoin has registered a strong recovery the past few days from lows of around $8.6K. At the time of publication, BTC is sitting comfortably above $9,400. Perhaps the most interesting thing about this rally is that it came hot on the heels of public criticism from a mainstream investment bank. Read more…
Bitcoin price is looking to retake the key psychological level at $10,000, which may now propel BTC to multi-year highs. The price of Bitcoin (BTC) had seen a substantial rally before the halving, as the price topped at $10,100. Since then, the BTC price has been hovering inside a sideways Read more…