Bitcoin

This Technical Pattern Signals Bitcoin is About to Explode to $12,000

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...

Cole Petersen | 2 hours ago
bitcoin
Bitcoin Price

The Last Time This On-Chain Signal Was Seen, Bitcoin Rallied 2,000%

Bitcoin remains below key resistances, but this hasn’t stopped investors from becoming extremely bullish on the asset. Key on-chain data indicates that the propensity that...

Nick Chong | 11 hours ago
crypto
Altcoin Price

Key Derivatives Data Show Crypto Investors Are Finally Betting on a Rally

The past few months and years have seen derivatives become increasingly important to crypto. This is largely due to the introduction of more institutional-centric fund managers, which...

Nick Chong | 14 hours ago
bitcoin
Bitcoin Price

Analyst: Bitcoin Market Structure Looks Very Similar to $10,500 February High

Since bottoming at $8,600 over five days ago, Bitcoin has performed extremely well. The asset rallied as high as $9,650 on Thursday, liquidating dozens of millions of dollars worth of...

Nick Chong | 17 hours ago
Bitcoin

Bitcoin’s Funding is Flashing a Warning Sign After Rejection at Key Resistance

Bitcoin faced a grim rejection within the upper-$9,000 region yesterday that caused it to erase most of the gains that came about as its latest push higher The subsequent decline that...

Cole Petersen | 19 hours ago
Altcoins

Ethereum’s Rocketing Funding Rates a Grave Sign for Its Ongoing Rally

Ethereum has been severely underperforming Bitcoin in recent times, but this appears to be shifting as the cryptocurrency posts a breakout rally while BTC declines This uptrend has...

Cole Petersen | 22 hours ago
Bitcoin

Analysts Foresee a Harsh End to Bitcoin’s Uptrend if It Losses $9,350

Analysts believe that the uptrend Bitcoin saw yesterday may soon come to a harsh end following the cryptocurrency’s swift rejection within the upper-$9,000 region This marked yet...

Cole Petersen | 1 day ago
News

Lithuania’s Central Bank to Fully Deploy its Blockchain Platform By Year-End

The Bank of Lithuania announced that it had completed the research phase of its blockchain project called LBChain. The central bank now plans to deploy the platform by the end of 2020...

Anatol Antonovici | 1 day ago
bitcoin asset class
Bitcoin

‘Not an Asset Class’ Bitcoin Spiked by 100,000,000% Since 2011

Earlier this week, major investment firm Goldman Sachs held a client call where it denounced Bitcoin and other cryptocurrencies as “not an asset class” and blasted its use as an...

Tony Spilotro | 1 day ago
Ripple

Federal Judge Merges Two Cases Against Ripple

Earlier this week, a federal judge ordered a case against Ripple and its CEO Bradley Garlinghouse be consolidated with a class action led by Bradley Sostack. In civil law...

Anatol Antonovici | 1 day ago
Ethereum bitcoin
Bitcoin Price

Ethereum Just Breached a Crucial Level, and That Means Bitcoin May Rip Higher

After days of stagnating, both Bitcoin and Ethereum have registered strong gains over the past 48 hours. While it is normally BTC leading the pack, this time, it’s ETH. The...

Nick Chong | 1 day ago
Bitcoin featured chinese yuan
Bitcoin

Bitcoin May Surge as Chinese Yuan Gets Fixed to Lowest Price in a Decade

Unlike Bitcoin and other free markets, the Chinese yuan market is fixed and somewhat controlled by the country’s central bank. As Wikipedia describes: “Since 2006, the...

Nick Chong | 1 day ago