This Bitcoin on-chain analyst says retail hasn’t “bought the dip this hard” since the Covid crash

While the Bitcoin price continues to stubbornly move sideways, market watchers are wondering how the year will end–is there time for another rally or will the support at $46.000 cave? Despite the tight trading range over the past two weeks, popular Bitcoin on-chain analyst Willy Woo pointed out indicators that are showing no signs of […] The post This Bitcoin on-chain analyst says retail hasn’t “bought the dip this hard” since the Covid crash appeared first on CryptoSlate.

247 +

Safe Cryptos To Invest in During a Crypto Winter

Crypto winters are one of the greatest fears of crypto investors and are predicted to occur in four-year cycles, with the previous cycle occurring in 2018. Moving forth to the year 2021, this phenomenon is believed to have commenced in early November 2021, where massive selloffs of Bitcoin and Ethereum took place as a result of a collective of negative catalysts such as the US Infrastructure Bill, China’s clampdown on Bitcoin mining and the emergence of the Omicron Covid variant, just to name a few.

177 +

On-Chain Data Shows Open Interest is Reset to Previous Lows in May, Indicating a Spot-Driven Market

The crypto market has been making violent swings over the past couple of weeks. The new covid variant, Omicron, certainly contributed to the initial sell-off, bringing down the price of bitcoin by more than 25 percent.

93 +

Bitcoin Price Crashes Below $50k In Largest Single-Day Drop Since September — Possible Reasons Why

On Saturday, Bitcoin’s price saw yet its largest drop in a single day in more than three months, dipping to $45,063. This is after fresh concerns of the new Covid variant suppressing markets and fears of Mt Gox creditors dumping their Bitcoins gripped market participants, sending them into a selling frenzy. In less than four […]

181 +

Bitcoin Falls Below $50,000, Omicron Variant Found in the United States

Most of us know that there’s a new strain of Covid going around dubbed Omicron. With recent news regarding Omicron becoming the dominant variant, Stock and Cryptocurrency markets are showing bearish momentum, with Bitcoin dropping below $50,000.

111 +

Bitcoin Open Interest Remains Elevated Post Dramatic Dip

Data shows Bitcoin open interest has remained high despite the dramatic sell-off that occurred a few days back due to fud from the new COVID variant. Bitcoin Open Interest Remains High Following The Sell-Off As per the latest weekly report from Arcane Research, the BTC open interest hasn’t fallen much in the past few days.

117 +

Here's how the new Covid variant is turning Bitcoin into a traditional asset

Bitcoin has been seeing a price downtrend since it touched a record peak of $69,000 earlier this month. However, BTC rose over $57,000 after a sluggish week, recording around 5% gains in the last 24 hThe post Here's how the new Covid variant is turning Bitcoin into a traditional asset appeared first on AMBCrypto.

211 +

New Covid Variant, New Crypto Problems As Bitcoin, Ether, Solana, Cardano Enter Bear Territory

The price of Bitcoin fell to new lows following the outbreak of a new strain of the Covid virus. Bitcoin barely recovered from the slump on Thanksgiving before being battered by the general panic selling by traders.

189 +

New COVID Variant FUD Drives Bitcoin Down To $54k

The news of the latest COVID variant is invoking a fresh wave of FUD among investors, with Bitcoin crashing down to $54k, and markets across the board slipping into the red. Bitcoin Plunges To $54k As News Of COVID Variant Emerges Financial markets are moving into the red on Friday as news of a new COVID variant makes investors around the world worried.

133 +

Bitcoin dumps $2,000 within minutes as new COVID strain detected

Bitcoin, the world’s largest cryptocurrency by market cap, plunged nearly $2,200 within minutes in mid-European hours. The post Bitcoin dumps $2,000 within minutes as new COVID strain detected appeared first on CryptoSlate.

216 +

Bitcoin Made Americans More Than $4.1 Billion In 2020, New Data Reveals

During the peak months of COVID, interest in bitcoin and cryptocurrencies skyrocketed in the United States, and now many traders in the country are profiting from it. According to Chainalysis, an analytical firm specializing in blockchain technology, Americans have seen their bitcoin assets return more than $4 billion.

303 +

A new milestone for Bitcoin, COVID hits conference, Buterin’s DOGE payday: Hodler’s Digest, June 6–12

73 +

Australian Cricket Legend Brett Lee Joins Sportsbet.io in Donating Bitcoin to Help the Covid Crisis in India

Australian cricket legend Brett Lee and leading sportsbook Sportsbet have donated 1 Bitcoin each in an effort to provide much-needed aid to India during the ongoing Covid pandemic crisis. The money will be used for general aid and to help to provide India with general medical supplies. Having spent a lot of time in the […]

214 +

Bitcoin Accelerates Towards $60k As Bulls Blow Hot – How Near Is The $100k Phase?

The price trajectory of bitcoin over the last few months has been an interesting one. After plunging to around $5,400 at the start of the COVID pandemic in 2020, the world’s most significant digital asset saw its price climb steadily following greater crypto adoption as a result of the overflowing turmoil and increased institutional support. […]

243 +

Cricket Legend Brett Lee and Sportsbet.io both ‘bowl a Bitcoin’ as Crypto Community Supports the Covid Crisis in India

April 30th, 2021,Tallinn, Estonia — Sportsbet. io and Australian cricket legend Brett Lee are both ‘bowling a Bitcoin’ to help bring much-needed medical supplies and support to India during the ongoing Covid crisis in the country.

165 +

Cricket Legend Brett Lee and Sportsbet.io both ‘bowl a Bitcoin’ as Crypto Community Supports the Covid Crisis in India

April 30th, 2021, Tallinn, Estonia — Sportsbet. io and Australian cricket legend Brett Lee are both ‘bowling a Bitcoin’ to help bring much-needed medical supplies and support to India during the ongoing Covid crisis in the country.

276 +

EXCLUSIVE: Alex Mashinsky Says Take Whatever Spare Cash You Have And Buy Some Bitcoin

Full transcript: Jessica Walker (JW): We’re ending the year on another hugely positive note. We’re seeing bitcoin (BTC) as the best performing asset, over the past ten years. How are you reviewing this year’s performance in crypto? Alex Mashinsky (AM): Well, we were obviously tested a few times — once with COVID, and again, with … Continued The post EXCLUSIVE: Alex Mashinsky Says Take Whatever Spare Cash You Have And Buy Some Bitcoin appeared first on BeInCrypto.

204 +

Bitcoin Falls by Over $1,000 as New Covid Strain Boosts Dollar Demand

A minor rebound in the US dollar market prompted Bitcoin to reverse its upward momentum on Monday. The benchmark cryptocurrency fell by more than $1,000 in the early morning European session, hitting an intraday low at $22,430.

204 +

Darknet Market Crypto Revenues Hit All-Time Highs in 2020

A study revealed that darknet markets have astonishing figures so far in 2020, despite the coronavirus pandemic, but the dynamics changed compared to the last year’s numbers. Darknet Vendors Surpassed $800 Million in Revenues Despite Covid Pandemic According to the Chainalysis report, darknet marketplaces surpassed the $800 million threshold worth of cryptocurrencies in revenue made […] The post Darknet Market Crypto Revenues Hit All-Time Highs in 2020 appeared first on Bitcoin News.

316 +

How Bitcoin Could React To the Promising Moderna Vaccine

This morning, news broke that Cambridge, Massachusetts-based biotech firm Moderna, had reached 94. 5% efficiency in preventing the onset of COVID with their in-the-works vaccine. Bitcoin responded with a rally, but the last time around when Pfizer revealed their success rate, the cryptocurrency plummeted by over $1,000.

237 +

How Bitcoin Could React To Promising Moderna Vaccine

This morning, news broke that Cambridge, Massachusetts-based biotech firm Moderna, had reached 94. 5% efficiency in preventing the onset of COVID with their in-the-works vaccine. Bitcoin responded with a rally, but the last time around when Pfizer revealed their success rate, the cryptocurrency plummeted by over $1,000.

220 +

Trump COVID Test, BitMEX Charges Bring October Shocks for Bitcoin

Crypto analysts scramble to assess U.S. charges against BitMEX, home of 100x bitcoin perpetual swaps and a venue for getting "rekt."

183 +

3 Biggest Takeaways for Bitcoin From Powell’s Press Conference

The Bitcoin price popped above $11,000 just as the Federal Reserve Chairman Jerome Powell started delivering his speech after finishing their two-day policy meeting on Wednesday. Mr. Powell’s office boosted its monetary response to the COVID pandemic.

188 +

This American firm will custody Bitcoin donations for NGOs battling COVID

A Bitcoin nonprofit partnered with American custodian and security firm BitGo the past week to bring custody services to crypto donations, according to a release shared with CryptoSlate. The post This American firm will custody Bitcoin donations for NGOs battling COVID appeared first on CryptoSlate.

284 +

Bitcoin Could Be Latin America’s Ladder Out of COVID Chaos

Although back in March, coronavirus seemed like a European problem, it was only a matter of time before it startedContinue Reading The post Bitcoin Could Be Latin America’s Ladder Out of COVID Chaos appeared first on CoinMarketCap Blog.

111 +

Poor Weekly Jobless Claims Hint at Another Bitcoin Price Plunge

Bitcoin rally came under the threat this Friday as the number of Americans filing for unemployment claims remains elevated. That, combined with a rising number of COVID cases amid reopening efforts, led the US stock market lower a day before.

130 +

Bitcoin Outperforms Stocks in Q1 Despite Worst Month Since Jan 2018

Bitcoin just experienced its worst month since departing from its all-time highs 2 years ago, but still the leading crypto managed to outperform the US stock market in the first quarter of 2020. Global Pandemic Tears Markets Apart The financial markets were hit by the COVID pandemic that forced entire countries and industries to shut down.

172 +

Роджера Вера раскритиковали за высказывание о коронавирусе

Роджер Вер, известный сторонник Bitcoin Cash (BCH), считает, что общество переоценивает опасность коронавируса. В твите, опубликованном 29 марта, Вер привел статистику, в которой число погибших от COVID-19 сравнивается с малярией, сезонным гриппом, ДТП, самоубийствами и ВИЧ/СПИД, в период с 1 января по 25 марта 2020 года.

248 +

What Could Drive Bitcoin Price Back to $5K?

Bitcoin has experienced some wild fluctuations again on Monday. Initially, it surged to a daily peak at $5,823 but then shed almost $1,000 to a daily low $4,857. What can bring the crypto back to a support level of $5,000? Trading Below $5k is New Norm Last Thursday, Bitcoin couldn’t resist the COVID 19-induced panic that crashed stock markets and broke below the $5,000 level for the first time since April 2019. On Friday things […]

171 +