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Bitcoin Rebounds from Below USD 10K to above USD 11K in Ten Hours
3.7.2019
It took ten hours for the largest cryptocurrency, bitcoin, to rebound from USD 9,960 to USD 11,000 before it moved even higher.
At pixel time (04:38 UTC), bitcoin trades at c. USD 11,360 and is up by more than 13% in the past 24 hours, trimming its weekly loss to 7% and increasing monthly gains...
Share of Illegal Bitcoin Transactions Declined to Less Than 1%
2.7.2019
The proportion of bitcoin transactions tied to illicit deals is declining, according to blockchain research company Chainalysis.
Illegal activity has accounted for less than 1% of all bitcoin activity so far this year — down from 7% in 2012, Bloomberg reported, citing Hannah Curtis, senior product...
Bitcoin Sell-off Continues, Price Drops Below USD 10,000
2.7.2019
The most popular cryptocurrency, bitcoin, just declined below the psychologically important level of USD 10,000, where it was more than 10 days ago.
At pixel time (05:44 UTC), bitcoin trades at c. 9,880 and is down by more than 11% in the past 24 hours and by 13% in the past week. In June, bitcoin...
Crypto Market Sentiment Worsened as Prices Drop
1.7.2019
The crypto market sentiment measure, Sentscore, for the top ten coins has dropped significantly in the past week, deep into the neutral zone, from last Monday's 5.32 to today's 4.8, according to Omenics , a crypto market sentiment analysis service.
The only coin in the positive zone remains...
Bitcoin and Altcoins are Facing an Uphill Task
1.7.2019
This past week, bitcoin and altcoins started a major downside correction. BTC/USD declined below the USD 12,500 and USD 11,500 support levels. The price even broke the USD 11,000 support area and it is currently consolidating losses in a broad range. Similarly, there were heavy downsides...
Another Volatile Weekend Takes More Than USD 1,000 from Bitcoin
1.7.2019
Source: Alan_Lagadu
After starting this past weekend above the USD 12,000 level, the most popular cryptocurrency, bitcoin, enters the new week at the USD 11,000 level.
At pixel time (05:59 UTC), bitcoin trades at c. USD 11,098 after rebounding from USD 10,800 and is down by 7.53% in the past...
Bitcoin and Altcoins Still in the Red Zone
28.6.2019
Recently, bitcoin price started a major drop below the USD 12,500 and USD 12,000 support levels. BTC/USD even broke the USD 11,000 support and trimmed most its weekly gains. The recent decline was sharp and the price traded close to the USD 10,500 level. It is currently (08:00 UTC) correcting...
Crypto Volatility Jumps as Market Crash Coincides with Coinbase Outage
27.6.2019
Bitcoin (BTC) once again showed its volatility that coincided with an outage that lasted just under an hour at exchange platform Coinbase . (Updated on 13:21 UTC: updates throughout the entire text.)
BTC had been soaring at prices of over USD 13,800 on June 26 when an outage of Coinbase’s website...
Parabolic Bitcoin Rally Prompts Warnings
26.6.2019
The most popular cryptocurrency, bitcoin continues its rally, surpassing the USD 12,000 and USD 13,000 marks, approaching USD 14,000 in one day and prompting analysts to warn investors. (Updated on 19:42 UTC with the latest market data.)
Moreover, bitcoin dominance, or the percentage of the total...
Bitcoin Reaches New 2019 High, Altcoins May Accelerate
25.6.2019
After a downside correction, bitcoin price started a fresh increase above the USD 11,000 resistance level. BTC/USD even gained bullish momentum above USD 11,200 and recently traded to a new 2019 high. The price is currently (08:10 UTC) consolidating and it may continue to rise towards USD 11,500...
Bitcoin Leads Crypto Market, Takes Stronger Step Above USD 11,000
25.6.2019
After a few short-lived attempts to stay above the USD 11,000 level over the past few days, the most popular cryptocurrency, bitcoin took a stronger step into this zone.
At pixel time (04:53 UTC), it trades at c. USD 11,215 and is up by 4% in the past hour and by 21% in the past week.
Bitcoin...
Bitcoin Bulls Pushing a New Narrative - BTC at USD 100,000
24.6.2019
After bitcoin expectedly breached the USD 10,000 level this past weekend and started to playing with USD 11,000, more bitcoin bulls are looking for the new inspiration as FOMO (fear of missing out) "is already in the air."
First, right after bitcoin jumped above USD 10,000, professional career...
Bitcoin and Altcoins Seem Set for Further Gains
24.6.2019
This past week, we saw a strong bullish momentum in bitcoin and altcoins. BTC/USD rallied significantly above USD 10,000 and USD 11,000. A new multi-month was formed near USD 11,250 before the price started a short term downside correction. The price broke a few important support and it...
What USD 10,000? Bitcoin Almost Touched USD 11K, Ether Above USD 300
22.6.2019
As it was estimated by many analysts recently, bitcoin price jumped above the psychologically important level of USD 10,000. Moreover, it almost reached USD 11,000 before correcting lower. Majority of altcoins are also in green but they are registering smaller gains.
At pixel time (04:29 UTC)...
Lightning Network Makes Another Important Step Towards Adoption
21.6.2019
A screenshot of the app. Lightning Labs, working on scaling and speeding up Bitcoin transactions, released its first Lightning Mobile App, “the first [Bitcoin] mainnet app on all major mobile and desktop platforms.”
Having already released the Lightning App on desktop, their official announcement...
Major US Convenience Store Chain Circle K Begins Bitcoin ATM Pilot
21.6.2019
As bitcoin price is getting closer to the USD 10,000 mark, Circle K, one of the United States’ biggest convenience store chains, is set to welcome 20 new Bitcoin ATMs at stores located in Arizona and Nevada as part of a pilot initiative.
The devices will be installed after Circle K sealed a deal...
Bitcoin Rallies, Less Than USD 300 Left on the Road to USD 10,000
21.6.2019
The most popular cryptocurrency, bitcoin, rallied in the past 24 hours, reaching the new high of 2019 and getting closer to USD 10,000, which is considered as a crucial level.
At pixel time (04:40 UTC), bitcoin trades at c. USD 9,750, or almost 5% more than 24 hours ago and is up by 19% in...
Tom Lee Has a New Price Target for Bitcoin - USD 40,000
19.6.2019
Tom Lee. Bitcoin is just at the beginning of its bull run, and it will easily surpass its all-time-high, said Fundstrat Global Advisors’ research chief Tom Lee.
According to him, what could power the strong rise in Bitcoin’s price is FOMO (fear of missing out). On Monday, in the note to clients...
Bitcoin and Altcoins Dips Remain Attractive
18.6.2019
After a successful close above USD 9,000, bitcoin price climbed further. BTC/USD broke the USD 9,200 resistance level and recently traded above the USD 9,400 level. However, it failed to continue higher and started a downside correction below USD 9,200. Similarly, there were corrective moves...
International Giant Broker Turns to Bitcoin
17.6.2019
Source: TP ICAP, Instagram
Major broker in the global financial markets, TP ICAP, has officially entered cryptoworld by expanding their services and becoming an intermediary between clients who want to trade Bitcoin futures.
The broker has been looking into Bitcoin for a while now. As Financial...