Following a positive Covid-19 test result from one of Donald Trump’s closest aides, the POTUS himself took the test which produced the same result for him and the First Lady. He tweeted the news a couple of hours ago. Tonight, @FLOTUS and I tested positive for COVID-19. We will begin Read more…
Comparison between Bitcoin and the U.S dollar is an unavoidable plot in the current financial industry. With the increased interest in the Bitcoin market, the asset is currently more defined and credible than in the past and its movement has often been the bud of many discussions. With the U.S dollar index recently rising, Read more…
The hype and increased interest toward decentralized finance (DeFi) fueled Ethereum’s growth as well as its transaction fees so much that the network has finally surpassed Bitcoin’s total transaction fees. Data from Coinmetrics suggests Ethereum’s cumulative transaction fees in 2020 stands at $350 million compared to Bitcoin’s $157 million. According Read more…
Ki Young Ju, CEO of CryptoQuant, noted that Bitcoin is likely on the verge of a full-blown bull run as the mining ecosystem flashes a number of bull signals. He shared the chart below on September 24th, noting that Bitcoin miners are suggesting that a bull run is around the corner. This Read more…
The volatile start of that week that saw Bitcoins sell-off from nearly $11,000 to $10,000 in a matter of hours may have an even more turbulent ending. According to the Skew, provider of data for Bitcoin and Ether derivative, 88,000 Bitcoin options contracts are set to expire on Friday, September 25. Read more…
After two or three failed attempts at around $11,000 area, the Bitcoin price began to create a new lower low against the US Dollar. BTC broke the $10,750 support level to begin a considerable decline. Bitcoin is currently trading around $10,420 area and trying to decline. After rejecting the $11,000 Read more…
It has been a dramatic first week of September with Bitcoin kicking off the month by breaking the $12,000 ceiling. However, this accomplishment was short-lived as Bitcoin started what would be a good downward spiral that started on the 2nd of September and momentarily cooled down today, September 6th. During Read more…
Bitcoin is primed to begin a macro rally from here if history repeats itself, a recent analysis by a crypto chartist indicates. The chartist shared the chart below on September 3rd. It shows that BTC’s about to bounce off a pivotal downtrend from the $20,000 all-time high. While not identical Read more…
Bitcoin has slipped over the past 72 hours. After peaking at $12,500 on Monday, the asset has slipped lower and lower, now trading for $11,450. This isn’t much than it was just a week ago, but analysts have begun to mark out important levels as the downtrend may persist. One cryptocurrency trader Read more…
‘Buy the dip’ is a popular strategy among traders and investors and especially within the cryptocurrency field, especially for Bitcoin trading. As Bitcoin approaches what seems like a begging of another bull-run, and based on the past real bull-run of 2017, buying dips might be a very wise and profitable Read more…