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Market Wrap: Bullish Traders Push Bitcoin Over $9,100, Returning to Halving Levels
27.5.2020
Traders were feeling good about bitcoin’s upward trend and pushed it over $9,100 Wednesday
Bitcoin Price Caught Between Key Support Levels as Bearish Sentiment Grows
27.5.2020
Bitcoin price is struggling to reclaim $9,000, leading investor sentiment to turn bearish on BTC’s short-term price action
After Spiking to February 2018 Levels, Bitcoin Fees Have Dropped 54%
27.5.2020
The average Bitcoin fee has fallen by nearly 54% over the last five days, but some believe network congestion could push users to altcoins
Bitcoin Sentiment on Twitter Reaches Its Highest Level in 3 Years, Says Data Firm The Tie
20.5.2020
Positive investor sentiment about bitcoin (BTC) on Twitter has reached record levels – its highest in three years – triggered by the cryptocurrency’s supply cut earlier this month, data shows. According to crypto data company The Tie, the 30-day average daily sentiment score is...
Bitcoin Rally Stalls at $10K But Dip-Buyers Should Watch These Levels
9.5.2020
Bitcoin has been unable to stay above the psychological barrier of $10,000 with just three days remaining before miner block rewards are cut in half
Bitcoin Continues Grinding Higher as Stocks, Gold Levels Off
7.5.2020
With the halving now several days away, bitcoin (BTC) has continued to grind higher in the market in recent days, despite a weaker overall crypto market and a levelling off in the price of both gold and US stocks.
The outperformance of the number one digital asset has been particularly strong after...
Chainlink (LINK), Tezos (XTZ) — Key Levels to Watch as BTC Consolidates
5.5.2020
Tezos and Chainlink having been the top performers in altcoins as Bitcoin consolidates at $9,000
US Manufacturing Crisis: Fastest Economic Deterioration Ever Recorded, Analyst Says
3.5.2020
The US manufacturing activity has plunged to a record low, indicating that the country has entered into a deeper recession. “This recession is the quickest deterioration in economic activity ever recorded,” an economist explained. This data is accompanied by collapsing global demand...
Silvergate Adds 46 More Crypto Clients in Q1 While Existing Customers Increase Deposit Levels
29.4.2020
Silvergate Bank added 46 crypto customers in the first quarter and saw fee income and deposits increase from those customers because of “Black Thursday,” according to its earnings report released before market open on Wednesday
Bitcoin Soars to Pre-Crash Levels, Breaks Above Key Technical Barrier
29.4.2020
The price of bitcoin (BTC) is once again seeing strong gains in the crypto market today, after soaring to levels not seen since before crypto’s “Black Thursday” on March 12, and again positioning the asset above a key technical level in the chart.
As of press time (11:40 UTC), bitcoin is up...
Bitcoin Market Returns to ‘Rational Levels’ - Report
23.4.2020
The crypto market is “returning to rational” levels as the correlation between bitcoin (BTC) price and spot trading volume has dropped following the crypto market plunge on March 12, according to TokenInsight, a token data and rating agency.
Total trading volume across almost 300 spot exchanges...
$2,000 a Month: US Lawmakers Propose Basic Income for Americans to Cope With Covid-19 Economy
16.4.2020
Democrats from the House of Representatives have introduced legislation that would pay eligible Americans $2,000 a month until U.S. unemployment numbers return to pre-covid-19 levels. Under the proposal, any American citizen 16-years or older making less than $130K per year would receive monthly...
Bitcoin And Altcoins Trading Near Make-or-Break Levels
15.4.2020
In the past few hours, bitcoin price traded with a bullish angle above USD 6,700. BTC/USD managed to climb above the USD 6,850 resistance area, but it is still below the USD 7,000 and USD 7,200 resistance levels. Moving forward, it could either surge above USD 7,200 or start a fresh decline towards...
Bitcoin Tests $7K as Spot Trading Volumes Subside to Normal Levels
14.4.2020
After weeks of elevated activity, trading volumes on spot bitcoin exchanges have subsided, boding well for some traders if not the venues themselves
Steady Price Rise Brings XRP Back to Almost Pre-Crash Levels
9.4.2020
XRP, the cryptoasset affiliated with California-based fintech company Ripple, appears to finally be catching up after heavy selling brought it down nearly 50% during the two darkest days of March.
The rise in the price of XRP over the past 4 weeks has now brought the price almost back up to levels...
Argo Blockchain Defies COVID-19, Mines Record Levels of Bitcoin in Q1 2020
6.4.2020
Bitcoin miner Argo Blockchain has reported bullish results for March 2020, seemingly unperturbed by the COVID-19 pandemic
Homeowners Can’t Pay: US Lenders Prepare for Catastrophic Real Estate Market
3.4.2020
The coronavirus has managed to seep into every facet of the global economy and it seems nothing will escape its financial wrath. During the last two weeks as unemployment levels have skyrocketed in the U.S.; analysts, economists, and wealth managers have been warning about another subprime mortgage...
Bitcoin Hashrate Down 45% – Miners Witness Second-Largest Difficulty Drop in History
27.3.2020
Bitcoin’s hashrate has plummeted 45% since the record-breaking levels it saw on Feb. 29. The hashrate touched an all-time high of 136 exahash per second (EH/s) but has since dropped to 75 EH/s. Moreover, the crypto network has seen the second-largest difficulty drop since October 2011. Also...
Bitcoin Price Stable as COVID-19 Pandemic Drops Stocks to 2017 Levels
19.3.2020
Bitcoin is holding the $5,050 to $5,400 range, prompting traders to wonder if the crypto will function as a hedge against the volatility currently rocking traditional markets
BTC Hashrate Follows Price Drop – 20% Lower Before Bitcoin Halving
16.3.2020
Four days ago, digital currency markets lost billions and prices sank to levels not seen since last March. The market bloodbath has affected bitcoin miners as they are making fewer profits than they were a week prior. By Monday, March 16, BTC’s hashrate slid below the 100 exahash (EH/s)...