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Puppets, Pundits and Partnerships: Why Crypto Sentiment and Prices Are Soaring
12.2.2020
With blockchain puppets (we really mean it) on TV, CNBC pushing the bitcoin-as-gold narrative and The Guardian seeing connections between coronavirus and bitcoin's recent rally, we've got a lot to talk about on today's episode of The Breakdown
Altcoin Season Trending – LINK, XTZ, BSTX, HBAR Gain Up to 120% in 24h
12.2.2020
The last few days have shown bullish price activity across the list of top cryptocurrency markets. There’s been a lot of focus on coins like BTC, ETH, BCH, and EOS, but digital assets like HBAR (120%), STX (52%), XTZ (20%) and LINK (13%) have seen much larger gains this week. The cryptoconomy...
Bitcoin Is Most Overbought in 2 Years After Price Rises Back Above $10K
12.2.2020
Bitcoin's rally is looking overstretched and a correction may be seen if prices fail to secure a foothold above resistance at $10,350
Bitcoin Hits 5-Month High Following Fed Chair Powell’s Privacy Praise
12.2.2020
Bitcoin’s price is trending solidly back above the 5-digit figure mark
$118 Million of Plustoken BTC on the Move Again – New Dump Incoming?
11.2.2020
Plustoken’s stash of bitcoin is on the move again. The haul of ill-gotten gains, amassed during a long-running Ponzi scheme that accrued 187,000 BTC, has been sporadically liquidated, impacting the market price of bitcoin in the process. At 2:46 a.m. today, a known Plustoken address moved...
Monday’s Price Drop Didn’t Break Bitcoin’s Bullish Trend
11.2.2020
The path of least resistance for bitcoin is still to the higher side. In the short-run, though, a deeper pullback may be on the cards
Bitcoin’s $10k Value Pushed Down by CME Futures Price Gap
10.2.2020
Just recently BTC prices surpassed the $10,000 zone and held above that region for around 24 hours. Some speculators believe the price of BTC dipped below the $10k range on Monday, after the price aligned with the price gap on CME Group’s global market exchange. During the course of 2019...
Bitcoin Takes a Dive After the Longest Daily Winning Run Since September
10.2.2020
Bitcoin's bulls look to have run out of momentum following a five-day streak of gains
What Are Altcoins and Why Are There Over 5,000 of Them?
10.2.2020
According to crypto market capitalization aggregators, there are more than 5,000 cryptocurrencies in existence today and over 20,000 different types of markets. BTC is the oldest and most known digital asset and most everything else has been typically referred to as an “altcoin.”...
Prediction: Bitcoin to Rival Gold as a Store of Value in the Digital Age Thanks to Halving
9.2.2020
The total market capitalization of gold is estimated to be above $7 trillion, which is over 38 times that of bitcoin at the moment. However, there are those that think that the cryptocurrency is a better store of value for our age than the precious metal. The latest take on the idea explains...
London-Based Cryptocurrency Exchange LBX Faces Compulsory Liquidation
9.2.2020
London-based cryptocurrency exchange LBX is the latest digital asset trading venue to face critical difficulties and is now being liquidated. Despite rising crypto prices, which typically lead to an influx of new traders, some regulated exchanges have struggled to survive amidst rising legal fees...
Above $10K: CME Bitcoin Futures Hit 3.5-Month Highs
7.2.2020
Bitcoin futures listed on the Chicago Mercantile Exchange rose to multi-month highs, breaking above $10,000 early Friday
Bitcoin Has Erased Over 45% of 2019 Sell-Off in Just 7 Weeks
7.2.2020
In just seven weeks, bitcoin has recovered over 45 percent of the value lost in the second half of 2019
Bitcoin Trust GBTC Shares Spike Despite 30% Premium
6.2.2020
Bitcoin and cryptocurrency prices have seen significant gains as the entire cryptoconomy is up more than 40% since mid-December. Grayscale’s Bitcoin Trust (GBTC) has also seen an uptick and shares have climbed 9% this week. The news follows the asset manager’s recent registration as...
Bitcoin’s Uptrend Is Gathering Pace and Many Altcoins Are Surging Too
6.2.2020
Bitcoin's rally has picked up in the last 24 hours, setting the stage for a test of $10,000. At the same time, a number of alternative cryptos are outperforming even bitcoin
Bitcoin Rises Above $9,700 to Reach Highest Point in 3 Months
6.2.2020
Bitcoin has reached its highest point in over 3 months, above $9,700
4 ‘Bitcoin Contenders’ With Zero Use Cases and Barely Any Infrastructure
6.2.2020
Cryptocurrency markets and the industry are extremely competitive and many users believe a single digital asset will reign someday, and that it may not be BTC. Over the last few years, many holders believe the assets they hold are bitcoin contenders with coins like IOTA, EOS, ADA, XRP, and...
Market Update: Bitcoin Cash Shines as Crypto Markets Show Bullish Signals
5.2.2020
Digital currency markets are in the green again today after seeing some moderate losses the day prior. The leading cryptocurrency in the top 10 is the fourth-largest blockchain by market cap, bitcoin cash, which is up 14% today. A variety of other digital asset markets are doing well as the overall...
Bitcoin Sees Bull Revival as Price Bounces Above $9.4K
5.2.2020
Bitcoin has bounced strongly in the last 24 hours, opening the doors for retest of recent highs above $9,600
Galaxy’s Novogratz: XRP Will ‘Underperform Immensely Again This Year’
5.2.2020
XRP will have another lackluster year in 2020, Galaxy Digital CEO (and Ripple shareholder) Mike Novogratz told a roomful of financial advisers