2021-7-10 15:46 |
The bearish outlook surfaces as Bitcoin prices form a classic cup and handle pattern, now in the last stage of its maturity.
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According to TradingView analyst Maximilian_FX, the bullish structure for Bitcoin (BTC) is “under threat” as a downtrend pattern continues to form on the charts. In a recent analysis, Maximilian_FX highlights that Bitcoin is currently trading around $64,000, testing the 0.
2024-4-26 23:30 | |
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A push higher for Bitcoin is likely to form the final fakeout before plumbing new multi-year lows, fresh analysis maintains.
2022-10-5 13:34 | |
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Recent facts have proven the value of bitcoin as an investment asset. Created as an alternative to fiat money, bitcoin has a significant advantage in the form of limited emission, which makes it much more valuable.
2021-7-28 20:46 | |
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It’s been a quiet past few weeks for Bitcoin. After reaching $10,400 at the start of June, the cryptocurrency has seen a correction and now trades in the low-$9,000s. Although a bear trend has yet to form, many have stated that the rejection BTC faced at $10,400 was bearish.
2020-6-27 03:21 | |
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A trader from TradingView believes Bitcoin is about to form a major bullish pattern and surge to $12,500 but analyst Michael van de Poppe disagrees
2020-6-25 14:17 | |
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Ethereum’s native asset, Ether, has outperformed Bitcoin by over 50% in 2020. With growth drivers in the form of DeFi, EIP 1559, and ETH 2.0, this trend is likely to...
2020-6-25 09:30 | |
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Ethereum’s native asset, Ether, has outperformed Bitcoin by over 50% in 2020. With growth drivers in the form of DeFi, EIP 1559, and ETH 2.0, this trend is likely to...
2020-6-26 09:30 | |
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Bitcoin faced a harsh rejection at $9,800 yesterday that has since caused it to form a strong short-term downtrend. This has led it back to the lower-region of its long-held trading range BTC does appear to be technically weak at the moment, as buyers are struggling to guard against the heavy selling pressure that was incurred at this level One “nasty” technical pattern could now be flashing If history repeats itself, this pattern could result […]
2020-6-25 21:00 | |
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From its inception in 2008, Bitcoin has proved to be massively popular with people who do a lot of business online. The first form of digital currency, Bitcoin has grown in popularity because of its ability to give the user complete privacy.
2020-6-24 20:45 | |
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Bitcoin has found yet another supporter in the government in the form of Rep. Warren Davidson, (R) Ohio's 8th Congressional District. The sitting US Congressman took to Twitter on June 22nd to Tweet, “#SoundMoney is required to #DefendFreedom” with an image containing Bitcoin.
2020-6-23 17:47 | |
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Ernst & Young (EY) has introduced a new application that helps U.S. cryptocurrency traders calculate and file their taxes with ease. The EY Cryptoprep app, a Software as a Service (SaaS) web-based crypto tax engine, helps users calculate crypto-related gains and losses that have to be reported on Form 8949, a form used to report […] The post Ernst & Young Launches Application to Help US Crypto Investors With Tax Filings appeared first on Bitcoin News.
2020-6-20 03:25 | |
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Bitcoin has seen some intense turbulence throughout the past day, with the cryptocurrency losing the support it had at $9,400 before plummeting into the $8,000 region Buyers were able to guard against the massive influx of selling pressure, supporting it above $9,000 for most of the day The defense of the upper-$8,000 region has caused the crypto to form a double bottom seen while looking towards its RSI This indicates that the crypto could be […]
2020-6-16 02:00 | |
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An oddly similar fractal mimicking Bitcoin’s price action during last year’s parabolic advance has started to form after the latest dip below $9,000. If the first-ever cryptocurrency continues to follow the same pattern, the asset could target as high as $15K before August 2020 is over.
2020-6-15 18:02 | |
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Bitcoin has posted some mixed price action as of late, offering few insights into the strength of its current market structure Analysts do believe that the recent price action following its latest rejection at $10,000 struck a blow to its underlying strength This may be causing the benchmark crypto to form a clear top formation that suggests a violent downturn is imminent This weakness could also be compounded by the recent break below a key […]
2020-6-15 22:00 | |
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Ethereum has been closely tracking Bitcoin’s price action throughout the past several weeks and months The cryptocurrency did recently form an incredibly bearish technical pattern that analysts are still closely watching There’s a strong possibility that the crypto could be positioned to see notable downside in the near-term due to this pattern One analyst is even targeting a movement down to the sub-$200 region This price action could be magnified by a recent surge in […]
2020-6-15 22:00 | |
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Bakkt to the future? After reeling under the weight of expectations last year, 2020 has seen Bakkt roar back to form somewhat. Weeks after Bakkt saw its open interest and volumes surge, the IntercoThe post 3 snippets to begin your day: Bitcoin & Bakkt, SpaceX, and more appeared first on AMBCrypto.
2020-6-11 14:00 | |
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Bitcoin is looking to repeat a bearish pattern in June 2020, which has led its spot price to be lower by 60 percent. The cryptocurrency’s daily chart could form a “Death Cross” if it continues to struggle below $10,000.
2020-6-11 14:02 | |
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The ongoing political unrest in the U. S. is giving the masses a rather unfortunate reason to adopt cryptocurrencies. While some might move to use Bitcoin as a form of “protest,” a new software allows individuals to mine Monero (XMR) to pay bails for those jailed unnecessarily.
2020-6-10 15:00 | |
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Ethereum has been holding up quite well against Bitcoin despite seeing some slight weakness throughout the past week after facing a harsh rejection at its local highs of $255. The cryptocurrency now appears to be well-positioned to see further upside in the near-term, as analysts are noting that it has been able to form a...
2020-6-6 02:00 | |
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Bitcoin Futures listed on the Chicago Mercantile Exchange could form a Golden Cross in June 2020. The bullish pattern would confirm the growing presence of institutional investors in an emerging Bitcoin market.
2020-6-4 10:21 | |
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The aggregated cryptocurrency market has been struggling to spark a macro uptrend due to Bitcoin’s inability to break above $10,000 This has led it to form some heavy resistance just above its current market cap – with this level potentially being insurmountable in the near-term Analysts are also pointing to altcoins severe underperformance of Bitcoin in recent times, which could suggest that this potentially imminent market-wide decline will be brutal for smaller cryptocurrencies Bitcoin and […]
2020-5-31 22:00 | |
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Bitcoin saw a sharp overnight rebound that allowed it to reclaim its position within the mid-$9,000 region This came about after a period of weakness as it traded within the lower $9,000 region It now appears that the crypto’s recent volatility has allowed it to form an incredibly bullish technical formation If it posts a breakout of this formation, the crypto could soon be trading at fresh yearly highs of around $12,000 Bitcoin and the […]
2020-5-31 19:00 | |
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At the moment, more than half of the crypto users store the majority of their coins in 'cold storage', according to a research report. The research involved 339 Sweden citizens under survey and aboThe post Bitcoin advocate: Hardware wallets are 'robust and much safer' form of crypto-custody appeared first on AMBCrypto.
2020-5-25 00:01 | |
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The last few days have been critical for Bitcoin. With sentiments high, investors have been on the trembling edge. This has seen Bitcoin face trial in the form of a panic sell. From highs of $9,800 early in the week, Bitcoin went on freefall and as of yesterday had dipped under $9K. The bearish trend […]
2020-5-23 15:06 | |
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Cryptocurrencies, after a decade-long existence, seem to have cemented themselves in the world's collective consciousness as a legitimate form of currency. While cryptos like Bitcoin have peddled a vaThe post Are Zcash, Monero et al.
2020-5-22 22:30 | |
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Bitcoin is looking to form two historical bullish Golden Cross patterns this week. Traders use the indicators as a signal to gauge the cryptocurrency’s direction. The next breakout could see Bitcoin closing at or above $10,500, its year-to-date high.
2020-5-19 11:30 | |
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Bitcoin is eyeing significant growth in the year 2020 as global economies form a unified front against China over its failure to handle the coronavirus outbreak. Veteran investor David Sokulsky warned that escalating tensions would begin a trade war much worse than the one between Beijing and Washington.
2020-5-15 13:00 | |
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New York Digital Investment Group (NYDIG) revealed this week that it sold just shy of $140 million in a bitcoin fund, that was previously unknown. It became public after the fund was revealed in a Form D filing for an exemption to the US SEC on Tuesday, reported Forbes.
2020-5-13 19:10 | |
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Bitcoin saw an overnight decline that has caused it to further extend the bout of consolidation that it has been caught within in the time following its sharp rise to $10,000 This latest movement seems to suggest that there is in fact heavy resistance within the lower-$10,000 region Although its inability to gain a solid foothold within this region does seem to be overtly bearish, the crypto was able to form an elusive “golden cross” […]
2020-5-10 19:00 | |
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Bitfinex says the perpetual swap provides investors with a less volatile form of exposure compared to a plain-vanilla bitcoin futures contract.
2020-5-9 16:00 | |
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Bitcoin can now be used as collateral in a tokenized form on MakerDAO’s algorithmically dollar pegged crypto token DAI. “WBTC will help bring greater liquidity to the Ethereum and decentralized.
2020-5-7 22:46 | |
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Bitcoin could form a Golden Cross pattern in the third or fourth week of May. The bullish signal will surface immediately after the cryptocurrency’s mining reward halving. The converging indicators could result in a massive upside shift.
2020-5-7 13:56 | |
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The coronavirus pandemic that has brought the world to a standstill has provided more perspective on bitcoin and gold and the need for a hedge against the associated uncertainty. Yet, the flight to gold has led to an unprecedented global shortage which only proves bitcoin’s superiority as a reliable form of money to fall back […]
2020-5-4 20:22 | |
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Bitcoin price recently exploded from under $7,800 to over $9,400, just twelve full days before the asset’s block reward halving. The powerful push from last month’s extreme low set during Black Thursday, to current levels, has caused a bullish engulfing candle to form on monthly Bitcoin price charts. But what exactly does this mean for...
2020-5-1 19:00 | |
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Venture capitalist Tim Draper says that the most dramatic form of an economic recovery could take three years
2020-4-28 21:00 | |
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The China-based ASIC Bitcoin miner manufacturer Ebang is applying for a $100 million IPO in the US, as per the form filed with the US Securities and Exchange Commission on April 24, 2020. In this IPO, Ebang is offering Class A ordinary shares at a value of HK$0.
2020-4-27 21:04 | |
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If you’ve been following Bitcoin for any period of time, you likely know of the narrative that the cryptocurrency is some form of “digital gold.” The idea goes that because the asset has similar fundamental characteristics to the precious metal — both are decentralized money, scarce and hard to create, not controlled by a central authority, globally-accepted, and fungible — Bitcoin will become a gold-like asset with time, both in size and price action. According […]
2020-4-20 13:00 | |
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As per regulatory form filled on March 30, 2020, Renaissance Technologies is permitted to enter the Bitcoin Futures market for cash-settled contracts. The company’s Medallion hedge fund is currently in the news for having its best years ever.
2020-4-19 20:19 | |
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Cryptocurrencies like Bitcoin have radically re-written the story around money. Over the course of the past decade, Bitcoin has been the poster child for a more democratized form of currency, one thatThe post Has Bitcoin storage's steep learning curve hindered crypto-adoption? appeared first on AMBCrypto.
2020-4-18 14:30 | |
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Russia is always an interesting region when it comes to Bitcoin and other cryptocurrencies. Despite the nation’s negative sentiment toward this form of money, citizens are actively visiting crypto exchanges and trading platforms.
2020-4-16 01:00 | |
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Crypto trader shares charts on which Bitcoin and XRP are printing a bullish ?Diamond Bottom? formation and expects a massive price surge. It may take some time, though
2020-4-15 13:48 | |
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Over the past few years, there has been increased interest regarding cryptocurrencies such as Bitcoin. What was earlier a disruptive form of currency endorsed by tech enthusiasts is now gaining tractiThe post Will Bitcoin become worthy investment thesis for 'crypto-curious' institutional investors? appeared first on AMBCrypto.
2020-4-12 22:30 | |
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A new Visa-backed card offers users the prospect of earning rewards in the form of Bitcoin (BTC) instead of traditional reward points. The startup behind the app – Fold – has joined the Visa Fast Track Program to make such an arrangement possible, Fortune reports, April 9, 2020.
2020-4-11 08:30 | |
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The Bitcoin price has been increasing since reaching a low on March 13. The increase has taken the form of an ascending wedge. In addition, it is possible that the price is following an A-B-C wave count.
2020-4-8 20:15 | |
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With the recent coronavirus spread and its overall effect on the global economy, some people believe the powers that be are preparing a financial reset. During these times, a number of bitcoiners think a bitcoin-induced form of fiat currency demonetization will take place, otherwise known as ‘hyperbitcoinization.
2020-4-8 03:15 | |
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Block halvings, which happen every four years, form a key component of bitcoin’s code. Every 10 minutes, a miner on the bitcoin network receives a pre-set number of newly-created bitcoins after solving a given cryptographic block puzzle.
2020-4-5 01:08 | |
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At the time of writing, Bitcoin's price had attained some form of stability after the king coin pumped from $6200 to $6700 within a matter of 4 hours. However, such pumps have been the exception, rathThe post Bitcoin supply on BitMEX drops while Bitfinex, Kraken report rise appeared first on AMBCrypto.
2020-4-2 11:00 | |
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Last night, the Bitcoin price closed its monthly candlestick for March. The candlestick took the form of a bearish hammer, with a very long lower-wick. It closed 24% below the opening price, while the candlestick had a lower-wick with a magnitude of 40%.
2020-4-1 10:10 | |
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When compared to traditional fiat currencies, Bitcoin and other cryptocurrencies do offer a greater form of self-sovereignty and censorship resistance. For emerging economies, countries that are riddeThe post Bitcoin could act as bridge currency in Venezuela's dollarized economy appeared first on AMBCrypto.
2020-3-27 11:00 | |
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Argentine President Javier Milei has officially dismissed Florencia Mizrahi, the head of the country’s tax office, in a momentous political move that has sparked national and worldwide interest.
Headline inflation year-over-year is expected to increase by 0.2% and end a six-month consecutive decline, last seen in March 2024.
The U.S. government's debt and deficit issues aren't going anywhere no matter who wins the presidency next month, said Jones.
The cryptocurrency market shows signs of an incoming correction hours before the U. S. Consumer Price Index report is released. The global crypto market capitalization declined 3. 3% in the past 24 hours, sitting at $2.
Former Coinbase CTO Balaji Srinivasan spoke at the Network State Conference in Singapore on Sept. 22 about Bitcoin’s potential to protect wealth against inflation. Srinivasan claimed that Bitcoin (BTC) serves as a shield against what he describes as the gradual…
Will Bitcoin’s price hold above critical support levels as the market digests cooling inflation and yen trade risks? A brief look at inflation figures Inflation is like the temperature in a room — too hot, and it’s uncomfortable; too cold,…
Layer-2 transactions have increased 20% since the Dencun upgrade in March, and that success could be a positive sign for the future of the network, the report said.