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…
Raoul Pal, the CEO of Real Vision, said in a recent interview that he thinks “no trade matters except for Bitcoin” at this moment. He added that “almost everything is an inferior trade” to the cryptocurrency. This comes shortly after he said that the ongoing money printing is making him more bullish Read more…
Bitcoin is undoubtedly the biggest cryptocurrency in the market and in the eyes of many people, it will continue to reign for as long as cryptocurrencies continue to exist. Since the release of Bitcoin, more than 5000 altcoins have been created and released onto the crypto scenes, each claiming to be Read more…
The past week was incredible for Bitcoin. During the previous weekend, the primary cryptocurrency saw its price touching above $12K and dumping to $10,500. A loss of $1600 in a matter of minutes. However, throughout the past week, the price slowly recovered towards the $12K mark once again. On Thursday, Read more…
Today, Bitcoin is in the green, currently trading above $11,585. The recent price trend of the largest cryptocurrency suggests bitcoin is consolidating before making the next jump. This move could see us going back to $12,000, a resistance level that dates back to last August and was rejected this weekend. Read more…
The US recorded the largest budget deficit in its history in June owing to the stimulus packages released to manage the impact of the Covid-19 pandemic. Jon Matonis, chief economist at Cypherpunk Holdings, shared an article on how the US printed more money than in the first two centuries since Read more…
Cryptocurrency exchange Bitfinex is offering $400 million for the return of $1.33 billion worth of Bitcoin BTC stolen by hackers in 2016. “Bitfinex is offering a reward to any persons that connect us with hackers responsible for the unauthorized transfer of almost 120,000 bitcoins from the exchange in August 2016,” said the company in Read more…
This week the price of Bitcoin (BTC) went from about $10,200 to a near $12,000 high, but it was met with resistance and crashed to less than $11,000 within 6 minutes. At press time, it’s trading at $11,200 as it steadily recovers. Ether (ETH), the second-largest cryptocurrency by market capitalization, Read more…
Ripple Labs Inc. and its CEO Brad Garlinghouse have fired back at plaintiffs in an ongoing lawsuit against them, claiming the investors can’t prove the company lied about XRP’s utility. The defendants claim that while XRP tokens weren’t being used to settle financial transactions in 2017, Ripple Labs and Garlinghouse Read more…