Bitcoin Price Hesitates, But Further Gains Seem Likely Toward $30K

Bitcoin price is attempting a fresh increase above $28,500. BTC is eyeing another upside break toward the $30,000 resistance in the near term. Bitcoin found support near $28,150 and started a fresh increase.

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Bitcoin Price Consolidates Losses and At Risk of Fresh Decline To $25K

Bitcoin price is consolidating losses below the $26,500 level. BTC is showing bearish signs and remains at risk of a fresh decline toward $25,000. Bitcoin is struggling to recover above the $26,600 resistance zone.

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TA: Bitcoin Price Resilience Suggests A Fresh Rally is Imminent: Here’s Why

Bitcoin found a strong buying interest near $18,500 against the US Dollar. BTC is recovering and there could be a fresh increase above the $20,000 resistance. Bitcoin remained stable and the bulls again protected the $18,500 support zone.

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Bitcoin Faces Trouble as Dollar Logs Fresh 2021 High, Researcher Warns

Key Bitcoin Takeaways Bitcoin reversed its short-term downside bias after Elon Musk introduced a new BTC payment option on Tesla online stores. Meanwhile, the US dollar index reached a fresh year-to-date after Jerome Powell’s congressional testimony on Tuesday.

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Technicals Suggest Bitcoin Could Correct To $10,700 Before Fresh Increase

Bitcoin is struggling to gain momentum above the $11,200 level against the US Dollar. BTC is currently correcting lower and it could test $10,700 before a fresh increase. Bitcoin is showing signs of a downside correction below the $11,200 level.

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Bitcoin Could Correct Further To 100 SMA at $8,200 Before Fresh Increase

Bitcoin rallied to $9,500 before starting a downside correction against the US Dollar. BTC price might dip towards the $8,200 support zone before a fresh increase. Bitcoin jumped more than 20% and tested the main target of $9,500 (as discussed yesterday).

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Small Miner Squeeze Can Catapult Bitcoin to Fresh 2019 High

The drop in bitcoin mining difficulty may be a sign of a…

The post Small Miner Squeeze Can Catapult Bitcoin to Fresh 2019 High appeared first on CCN.com

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Bitcoin Price at ‘Huge Risk’ of Crashing to $7,300

A recent prediction by veteran trader, Elixium, warns that Bitcoin is at a major risk of seeing yet another price crash. This time, towards the $7,300 level if bulls don’t push back soon. Bitcoin’s performance in the first half of 2019 brought back a lot of investors with fresh optimism that crypto winter had passed.

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Mexico: State-Owned Oil Firm Targeted in $5 Million Bitcoin Ransomware Attack

Petroleos Mexicanos (PEMEX), a state-owned petroleum company established in 1938, has suffered a ransomware attack that has succeeded in shutting down its computers and online payment systems. The hackers are demanding for 565 BTC and have given the firm a 48-hour deadline to send the money.

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Bitcoin (BTC) Price Eyeing Fresh Monthly Low Below $8.5K

Bitcoin price is trading in a downtrend below $8,800 and $9,000 against the US Dollar. The price is currently declining and it seems to be struggling near the $8,840 level. Yesterday’s major bearish trend line is active with resistance near $8,920 on the hourly chart of the BTC/USD pair (data feed from Kraken).

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ETH/BTC Ready To Print New High, Veteran Trader Says

Ethereum blockchain’s native asset, ETH, is about to establish fresh highs against rival Bitcoin, believes avid crypto trader, Elixium. ETH Breaks Away From BTC The popular cryptocurrency analyst said in a tweet today that the ETH/BTC trading pair is looking stronger ever since the quoted asset Bitcoin has started underperforming.

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Bitcoin Drops $300, Daily Losses Among Altcoins Reach 10%

In a fresh price dip, Bitcoin loses another $300 to see a $500 decline over the day

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Bitcoin and Gold Feeling the Pressure while Stock Market Makes a Fresh Record

Today, the market has hit yet new highs. The benchmark S&P 500 Index, up 22. 7% so far this year, is on track to rise for a fifth week in a row while Nasdaq is eyeing its sixth straight week of gains.

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Ethereum (ETH) Eyes Fresh Rally To $200, Bitcoin Up 3%

Ethereum price is rising and it broke the key $185 and $186 resistance levels against the US Dollar. Bitcoin is up around 3% and it managed to climb above the $9,400 resistance. There is a new bullish trend line forming with support near $185 on the hourly chart of ETH/USD (data feed via Kraken).

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Bitcoin (BTC) Price Could Dip Further Before Fresh Rally

Bitcoin price is currently correcting lower and is trading below $9,500 against the US Dollar. The price is likely to decline further towards $8,700 before it could rise again. Yesterday’s highlighted key bearish trend line is intact with resistance near $9,460 on the hourly chart of the BTC/USD pair (data feed from Kraken).

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Bitcoin (BTC) Price Consolidating Gains, Bulls Eyeing Fresh Increase

Bitcoin price is currently consolidating above the key $9,000 support area against the US Dollar. The price is struggling to gain bullish momentum above the $9,600 and $9,720 resistance levels. There is a connecting bearish trend line forming with resistance near $9,560 on the hourly chart of the BTC/USD pair (data feed from Kraken).

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Bitcoin Price Could Correct Further Before Fresh Rally

After a strong rally, bitcoin price started a downside correction below the $10,000 level. BTC to USD could test the $8,850 support area once again before a fresh rally. Key Takeaways: BTC/USD Bitcoin price is showing a lot of bullish signs above the $8,850 and $9,000 support levels against the US Dollar. BTC/USD is approaching […]

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Bitcoin on-chain metrics spike after BTC price moves near $10,000

The Bitcoin blockchain has enjoyed a fresh influx of network activity following the large upswing seen on Oct. 25 and 26, which brought the price of BTC from $7,300 to $10,600 in under 24 hours. An on-chain analyst says that these signals could be a sign that bears are losing control of the market.

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Exhausted Bitcoin Price Down 13% From $10,500 Daily High

Bitcoin (BTC) has seen an absolute whirlwind 24 hours. Over the course of a single day’s time, $400 million worth of BitMEX positions were liquidated, Bakkt volume surged to fresh all-time highs, blockchain became a topic of discussion for Chinese President Xi Jinping, amongst other crazy events that managed to fall into the time span.

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Bitcoin Bounces at Key Support Level as Bulls Fight Back

Bitcoin and the aggregated crypto markets have posted a decently strong rally overnight after incurring a steady stream of downwards pressure that has sent BTC to fresh multi-month lows within the lower-$7,000 region.

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Bitcoin Price Analysis: BTC Starts Fresh Rebound To $7,800

After a sharp decline, bitcoin price consolidated above the $7,400 level. Finally, BTC to USD started an upside correction and it is now trading above the $7,520 resistance. Key Takeaways: BTC/USD Bitcoin price is currently correcting higher and is trading above the $7,600 level against the US Dollar. BTC/USD broke the $7,520 resistance and a […]

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Increasing Regulatory Scrutiny May Be Driving Latest Bitcoin Downtrend

Bitcoin (BTC) has been caught in a firm downtrend ever since it set a yearly high at $13,800, with the cryptocurrency continually facing significant downwards pressure that has forced it to drop to fresh multi-month lows of just above $7,000 over the past 24-hours.

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Bitcoin Breaks Below Bear Channel as Analysts Eye Further Downside

Bitcoin has plummeted below its previous support levels during a swift and sharp sell-off earlier this morning that led the aggregated crypto market to drop to fresh multi-month lows. BTC has continued grinding lower throughout the day and it is unclear as to where it will find any meaningful support that halts its current downtrend.

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Why Institutions Have Yet to Delve Into Bitcoin: Crypto VCs Explain

Bitcoin (BTC) has long been described as a movement to phase out institutions. But ironically, it is institutions that many cryptocurrency investors have claimed to rely on to boost Bitcoin to fresh all-time highs.

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Bakkt Continues to Disappoint, Despite Growing Institutional Interest

A grand total of 1 Bitcoin (BTC) was traded on Bakkt during the first quarter of Thursday. The forecast for the day at the time was hovering around 5 BTC, adding fresh fodder for skeptics to mock the pre-launch hype the ICE subsidiary had created.

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104 Addresses Hold 70% of Tether, Research Reveals

The ownership of tether (USDT) turns out to be quite concentrated. According to a recent report, a few addresses control the bulk of the stablecoin, which is widely used by bitcoin traders. The finding comes on top of fresh accusations of creating a bubble levied in a lawsuit against tether’s operators.

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Bitcoin Price Drops Below $8000 While Altcoins Get Crushed

The signs were there. Another bearish downturn has been expected but it has been the altcoins leading the decline this time around as bitcoin price clings to support. A $6 billion crypto purge has resulted in a sea of red across the boards this morning.

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Bitcoin (BTC) Price Hesitates But Fresh Rebound Seems Likely

Bitcoin price is currently trading in a range below the $8,400 resistance area against the US Dollar. The price remains well supported on the downside near $8,200 and $8,150. There is a new breakout pattern forming with resistance near $8,400 on the hourly chart of the BTC/USD pair (data feed from Kraken).

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FXCM Group Unveils Fresh Cryptocurrency Trading Product

FXCM Group, a leading forex trading and contract for differences (CFD) broker with presence in London, Australia, and Johannesburg, has announced the launch of its crypto trading product dubbed CryptoMajor.

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Bitcoin (BTC) Price Weekly Forecast: $8,300 Holds Key For Fresh Increase

After a sharp increase, bitcoin price corrected lower sharply below $8,500 against the US Dollar. The price is currently consolidating above the key $8,300 support area. There was a break below a key bullish trend line with support near $8,420 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).

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Ukraine in a Rush to Legalize Cryptocurrencies Under Zelensky

The new administration in Kiev, headed by the young president Volodymyr Zelensky, has brought renewed interest in cryptocurrencies. Fresh energy is now being injected into efforts to legalize decentralized digital money and regulate related economic activities.

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Bitcoin Miners Drove Price Volatility In 2018 Bear Market, Says New Data

Bitcoin miners are behind spikes in price volatility which saw the largest cryptocurrency hit $3100 in 2018, new data suggests. Miner Sell-Offs Preceded BTC Price Floor In fresh analysis uploaded to social media on October 11, on-chain intelligence resource Token Analyst revealed miners selling coins directly influenced the Bitcoin price.

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PlanB: Negative Interest Rates Will Spark Bitcoin Arbitrage Craze

Bitcoin will see fresh adoption thanks to fiat weakness – but not in the way many users assume, says one of the industry’s best-known analysts. “Forget About Mainstream Adoption” In a tweet on October 10, the social media commentator known as PlanB said that Bitcoin’s next use case would come in the form of traders and arbitrage.

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Bitcoin is Currently The Most Undervalued Asset: Crypto Management Firm’s Founder Travis Kling

“BTC is the most undervalued asset in the world today,” while equities, bonds, precious metals, real estate, and venture capital are all near their all-time highs, says Ikigai founder Travis Kling. Hitting New Peaks The yellow metal, gold recently jumped to a fresh six-year high and is now trading near this level. Experts believe the […]

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IRS Offers Fresh Guidance for Cryptocurrency Holders

The IRS has released its first cryptocurrency taxation guidance since 2014, when it ruled that all virtual currencies are property and taxed as such. According to Bloomberg, several notable accountants and lawyers see this is a great move, as it gives investors more clarity and paves the way for reasonable regulation, October 9, 2019.

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Bitcoin (BTC) Price Drops To $7800 Again, Altseason Inbound?

As we start a new week bitcoin (BTC) price has made fresh declines below $8000 and has dropped to its five-month support area. A dip in market share and general cooling off could be good news for altcoins which appear to be holding ground at the moment.

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Bitcoin.com Launches Games Stars Leaderboard – Win BTC Every Week

To introduce a new flavor to the ever exciting online gaming experience at games. bitcoin. com, we are launching a fresh new promotion where you can win BTC worth $200 every week. The Games Stars promotion sets the stage for 10 players to win from a prize pool of $1000 each week.

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Bitcoin Price (BTC) Downside Thrust Underway Before Fresh Rise

Bitcoin price is currently declining after it failed to surpass the $8,400 resistance against the US Dollar. The price is trading near the $8,000 support level, with a minor bearish angle. There is a key declining channel forming with resistance near the $8,260 level on the hourly chart of the BTC/USD pair (data feed from.

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Bitcoin Price to Make New High By Early-2021, Investor Declares

According to Ikigai’s Travis Kling, Bitcoin bulls might not need to wait long for the leading cryptocurrency to establish a fresh all-time high. Related Reading: If In Doubt Zoom Out, Bitcoin Profitable Days Still at 91.

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Tron Founder Justin Sun Endorsing Brooklyn Nets’ Spencer Dinwiddie’s Shoes

Tron founder and CEO Justin Sun are now endorsing Brooklyn Nets guard Spencer Dinwiddie’s shoes. Sun will be paying 8.2 Bitcoin that the basketball player has pledged to donate to his charity. Dinwiddie wears a fresh pair of custom sneakers at every game, then auctions them and gives a portion of his proceeds to the […]

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Bitcoin (BTC) Price Could Drop to $6,500 Before Fresh Rally

A little hopium filled the crypto community over the weekend as Bitcoin (BTC) price attempted a push higher. Sunday saw it evaporate however as all gains were lost again and this morning has been even worse with a fall back below $8,000 again.

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Bitcoin Price Can Rocket Higher Without Institutions: Venture Capitalist

“The institutional herd is coming” is a phrase uttered by countless Bitcoin bulls ad nauseam. They believe that the arrival of this subset of investors will be a catalyst that drives cryptocurrencies to fresh all-time highs and catapult the technology into the mainstream.

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Bitcoin Outperforming 2016’s Recovery, Price Crash to $7,700 Not Bearish

If you haven’t checked *insert your favorite Bitcoin (BTC) price tracker here* over the past few hours, you’re in for a fresh surprise. The cryptocurrency market has incurred its second large trading session of losses this week, with the aggregate market capitalization of all digital assets tumbling to $209 billion.

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Fundstrat’s Tom Lee: Bitcoin Bull Market Will Follow S&P 500 Surge

Global equities need to post fresh highs before Bitcoin re-enters its bull market, one of the industry’s best-known analysts has said. Lee: Bitcoin Needs To Quit ‘Trendless Macro’ Phase In two tweets beginning on September 25, Fundstrat Global Advisors founder Tom Lee calmed fears about the state of Bitcoin markets.

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XRP Recovers from Dip to $0.21, But Analysts Expect Further Losses

Bitcoin’s massive drop yesterday sent shockwaves throughout the aggregated crypto markets, leading most major altcoins – including XRP – to plummet to fresh post-2018 crash lows, which may signal that the rest of 2019 will prove to be bearish for the crypto markets.

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Thomas Lee: Bitcoin Price Cannot 'Blast Off' Without Record S&P 500

As the bitcoin price languishes at $8,300, down more than 12% on the day, Fundstrat Co-Founder Thomas Lee has an unfortunate truth for crypto bulls. Lee does not believe bitcoin is a safe haven; in fact, quite the opposite as he forecasts that the S&P 500 will need to hit fresh highs this year before […] The post Thomas Lee: Bitcoin Price Cannot 'Blast Off' Without Record S&P 500 appeared first on CCN.com

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Bitcoin Price Plunge Came From $1.2B Sell, Data Says Amid Hashrate Row

A giant Bitcoin transaction – possibly a sell-off – caused Bitcoin to drop to lows of under $8000 on September 24. Byte Tree: Exchange Triggered ‘Short Term Panic’ That was the conclusion of monitoring resource Byte Tree, which provided fresh data for the past 24 hours’ trading activity on Wednesday.

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‘Liquidity Is King!’ BitMEX Volumes Beat Bakkt Bitcoin Futures By 375,000%

Bitcoin trading platform BitMEX has gained unlikely positive publicity from the launch of Bitcoin futures by its rival Bakkt. BitMEX In Driving Seat For Bitcoin Liquidity According to fresh data from the company, 24-hour volumes on September 23 hit 270,000 BTC ($2.

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Moonday Mornings: Kate Winslet is hunting for Bitcoin scammers

Good morning Forkies. It’s that time of the week again when we serve you up a fresh plate of blockchain and cryptocurrency headlines from over the weekend. Let’s see what this week has in store.

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