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Bitcoin and Altcoins Trim Gains, Key Supports Intact
2.11.2020
Bitcoin price failed to continue higher above the USD 13,800 resistance. As a result, BTC started a downside correction and traded below the USD 13,500 support. The price is currently (13:00 UTC) down over 2% and it is now approaching the USD 13,200 and USD 13,000 support levels.
Similarly, there...
Back on track: US macro events unlikely to fully derail Bitcoin price gains
30.10.2020
As the U.S. stock market enters earnings season, analysts explain how Bitcoin could perform after earnings and the presidential election
Microstrategy CEO Personally Owns $240 Million in Bitcoin — Company BTC Profit Outshines Other Earnings
29.10.2020
Following a $425 million bitcoin purchase by his billion-dollar company, Microstrategy CEO Michael Saylor reveals that he personally owns about $240 million in bitcoin. Meanwhile, his company’s bitcoin gains have outperformed the company’s other earnings. Microstrategy and Its CEO...
India's Crypto Ban to 'Get Thrashed', while Unocoin Gains 100s of Users Daily
29.10.2020
Sathvik Vishwanath, Co-founder and CEO of Unocoin, the operator of one of the oldest crypto exchanges in India, does not expect the much-discussed crypto ban to go through in this major market. Meanwhile, the exchange is getting hundreds of new customers per day, he told Cryptonews.com.
Head of...
Bitcoin Corrects Lower, Altcoins Reverse Gains
28.10.2020
After a strong increase, bitcoin price faced sellers near USD 13,850. BTC started a corrective decrease and traded below the USD 13,600 and USD 13,500 support levels. The price is currently (13:00 UTC) trading well below USD 13,500 and it seems like the bears are aiming for a test of...
Bitcoin bull cycle gaining steam: Whale cluster at $13K is now a support zone
28.10.2020
Data from Whalemap shows $13,000 is turning into a BTC whale support as the price of Bitcoin hovers above $13,600
Bitcoin and Altcoins Correcting Gains But Holding Key Supports
26.10.2020
Recently, there was an upside extension in bitcoin price above the USD 13,200 level. BTC traded to a new multi-week high near USD 13,350 before it started a downside correction. The price remained well supported above USD 12,750 and it is currently (05:00 UTC) trading above USD 13,000.
Similarly...
Market Update: Bitcoin Nears $13,000, Holds Record-Breaking 87-Day Streak Above $10K
21.10.2020
Cryptocurrency markets have seen intense gains on Wednesday after the payment processor Paypal announced it would be supporting digital currencies. At the time of publication, the market cap of all 7,000+ digital assets has gained 5.6% hovering above $379 billion during the afternoon trading...
First Mover: PayPal Rushes in and Bitcoin Breaches $12K, While USDC Gains on Tether
21.10.2020
PayPal gets conditional N.Y. state license for crypto. Bitcoin prices shoot past $12K. Dollar stablecoin USDC grabs market share from tether
Hackers Donate Bitcoin From Ransomware Attacks to Charities
21.10.2020
A group of hackers has donated some of the bitcoin it extorted via ransomware attacks to charities, claiming that it wants to “make the world a better place.” However, the law says donations from ill-gotten gains must be rejected but charities have no way of returning donated bitcoin...
Bitcoin Proponents Bemoan Joe Biden’s Proposed Capital Gains Hike
20.10.2020
The U.S. presidential election is only 14 days away, and a number of bitcoin proponents have been discussing the capital gains tax implications Joe Biden plans to invoke if he wins the American presidency. According to Biden’s plan, capital gains will be raised from 21% to 39.6% for certain...
Bitcoin and Altcoins Consolidate Gains, Bitcoin Cash Rallies
14.10.2020
Bitcoin price started a seemingly short-term pullback after trading just above the USD 11,700 level. BTC/USD tested the USD 11,300 zone and it is currently (05:00 UTC) trading above USD 11,400. However, the price must gain bullish momentum above USD 11,550 for another sustained move...
Spain Approves Bill Requiring Cryptocurrency Owners to Disclose Crypto Holdings and Gains
14.10.2020
Spain’s government has reportedly approved a bill that requires cryptocurrency owners to disclose their crypto holdings and any gains on their assets. Spain’s Finance Minister and the government’s spokesperson, Maria Jesus Montero, said at a press conference following the weekly...
Spain Working on Bill to Force Crypto Holders to Disclose Assets, Gains
13.10.2020
The planned bill comes as part of broader legislation aimed at cracking down on tax fraud, a government spokesperson said
Bitcoin Eyes $12K Price After 6-Day Streak of Gains
13.10.2020
Bitcoin's six-day run of gains has shifted the focus to psychological hurdle of $12,000. Some analysts are looking even higher
Bitcoin and Altcoins Extended Gains
13.10.2020
Bitcoin price was able to clear the 11,500 resistance, resulting in more upsides. BTC extended its rise above the USD 11,650 level, but there was no test of the USD 11,800 resistance. The price is currently (13:00 UTC) correcting lower from USD 11,720, but it might find support above...
Yearn.finance (YFI) gains 36% as DeFi tokens follow Bitcoin’s bullish trend
10.10.2020
Yearn.finance (YFI) price surged by 58% in the last few days as three key factors suggest investors expect further upside
Polkadot (DOT) Gains in Short-Term; Trades Above $0.00035
10.10.2020
Polkadot, one of the newest coins of the crypto market, is ranked amongst the top 10 digital currencies of the market and is listed on Binance. Polkadot is an open-source project and aims to enable a completely decentralized web to build a connection between private and organizational chains...
Market Update: Bitcoin Captures $11K, Flash Buy Signals, Bollinger Band Squeeze
9.10.2020
Cryptocurrency markets are seeing decent gains on Friday following the announcement Square made the day prior about purchasing $50 million worth of bitcoin for reserves. During the morning trading sessions, the overall market capitalization of all 7,000+ crypto assets is up over 2% hovering at $340...
$1 Bitcoin investment beats gold and stocks despite 2020 gains
6.10.2020
2020 is no exception to the rule that putting $1 into Bitcoin nets investors more than traditional assets