This is not the first time an event called halving has happened on the Bitcoin (BTC) network. The first halving took place in 2012; the second halving took place in 2016. Now, the third halving is expected, and like the previous ones, it will halve the reward for the calculated Bitcoin block. Originally, Read more…
After a good week, Bitcoin crashed on Saturday night. Prices have since stabilized. Ahead of Tuesday’s halving, it’s not clear which way the coin will go. Many hope that Tuesday’s Bitcoin halving will bump up the price of Bitcoin, but last night, the largest cryptocurrency by market cap crashed in Read more…
Coinbase went offline as Bitcoin plunged some $1,500 in less than an hour. Traders were met with an error message and were unable to access their crypto-assets. Bitcoin’s price collapse comes less than two days before its much-awaited halving event. For some reason, Coinbase was seemingly completely unresponsive as Bitcoin crashed less Read more…
Macro trader Henrik Zeberg has once again called for a major downside move that would take Bitcoin all the way to $1,760. This extremely bearish price target now seems a tad more realistic hot on the heels of Bitcoin’s 15 percent crash that caught the bulls off-guard earlier today. #Bitcoin may have topped in Read more…
Bitcoin (BTC) price dropped from $10,000 to $8,100 within just over a day, as it plunged by 9% in a single hour. It liquidated $200 million worth of shorts, obliterating the futures market. The three key reasons that triggered the immense Bitcoin correction were: strong multi-year resistance area above $10,000, Read more…
The market after a strong week has made a huge retracement. In the last 24 hours, the market has wiped out over $25 billion. For many cryptocurrencies, this has seen them wipe out their weekly gains. For Bitcoin, the asset has suffered a more than 10% drop. At the time Read more…
The number of HODLers with large amounts of BTC is constantly increasing, as Bitcoin shows a bullish trend, according to a report by Glassnode. This increase in the number of BTC whales has been the largest since the 2017 crypto boom, when Bitcoin also known as “digital gold” had its Read more…
Women to drive Bitcoin adoption forward Women’s take on Bitcoin In December 2019, in one of his interviews, the billionaire, global investor and Bitcoin advocate Tim Draper doubled down on his forecast regarding the Bitcoin price in the near future. He again stated that BTC would be worth not less than $250,000. Read more…
The cryptocurrency suffers from all the problems it has always had and that may never change. But digital currencies more broadly may be about to take off. How is bitcoin getting on? By its own standards, bitcoin has achieved a certain stability, in that its price in recent weeks – Read more…
Since the $3,700 lows, Bitcoin has roared higher, crossing above resistance after resistance in succession. Just recently, BTC tapped $10,000. Although impressive, a top analyst expects for the cryptocurrency to head even higher, citing three “solid” tailwinds for this market. BITCOIN’S MACRO TAILWINDS ARE GROWING There’s a confluence of four fundamental Read more…