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Bitcoin’s Stock Market Correlation Just Hit Zero for the First Time Since May

Bitcoin is now caught within an intense uptrend that has sent its price rocketing up to fresh yearly highs, with bulls currently testing these highs as they target further upside This strength has come about due to the confluence of multiple positive news developments and has allowed BTC to far outperform the stock market One bullish result of this recent rally has been Bitcoin’s correlation with the stock market diving to zero This correlation previously […] дальше »

2020-10-25 19:00


Bitcoin Creates Strong Tailwind as Traders Rotate Capital into Altcoins

Bitcoin’s price has begun consolidating following its immense surge seen throughout the past 48 hours Yesterday afternoon, it rallied as high as $13,200 before it found any strong resistance that forced it lower Unlike the trend seen during fleeting upsurges, Bitcoin did not retrace that far into its recent rally following the rejection at these highs This indicates that bulls are in control of the asset at the moment and may indicate that further upside […] дальше »

2020-10-23 02:00


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This Technical Pattern Suggests Yearn.finance’s YFI Could Plunge to Sub-$7,000

Yearn.finance’s price action has been far from bullish over the past few weeks, with bears aggressively selling into each price pump as buyers continue struggling to gain any traction. There are many different factors behind this descent, including a downturn seen across the aggregated DeFi space, a fractured community, and founder risk that is growing […] дальше »

2020-10-21 02:00


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Ethereum Gets a Vote of Confidence from CFTC Chairman & Holders

Bitcoin is seeing a lot of activity, receiving a vote of confidence from the likes of Square, MicroStrategy, and legendary investor Paul Tudor Jones. But Ethereum isn’t far behind either. The second-largest cryptocurrency received its unexpected vote of confidence from the chairman of the Commodity Futures Trading Commission (CFTC) Heath Tarbert. дальше »

2020-10-15 17:03


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Fed Chairman Claims ‘Now Is Not the Time’ to Worry About the Federal Budget

According to the Federal Reserve Chairman, Jerome Powell, the road to economic recovery is far from over and the Covid-19 pandemic has fueled the tragedy. During his speech at the National Association for Business Economics annual meeting, Powell highlighted that the federal budget was essentially a disaster, but stressed that “now is not the time […] The post Fed Chairman Claims ‘Now Is Not the Time’ to Worry About the Federal Budget appeared first on Bitcoin News. дальше »

2020-10-8 15:00


$10K Bitcoin Shows Resiliency Facing BitMex Drama, KuCoin Hack, And Now This

Bitcoin price is currently back over $10,500, holding on after a brief crash to under $10,400 on the heels of several pieces of extremely negative news. The recent news normally would be enough to send the crypto market collapsing, highlighting just how resilient support at $10,000 has been so far. Bitcoin Price Holds Strong At […] дальше »

2020-10-3 20:00