Bitcoin (BTC) rally, adds 23 percent Crypto awareness better than it was two years ago Presently, Bitcoin’s market cap exceeds $200 billion. These are levels last seen 17 months ago, revealing the strength of buyers. From the charts, BTC bulls are solid as buyers aim at $15,000, adding 23 percent Read more…
The bitcoin market capitalization on Tuesday skyrocketed above $200 billion for the first time since January 2018. The price of the world’s first and foremost cryptocurrency surged from $4,092 to as high as $11,470 in just less than three months. Earlier before, bitcoin has dipped as low as $3,404 during Read more…
Cryptocurrency investors have long harped on the myriad similarities between bitcoin and gold. At a basic level, the two assets are considered as vehicles for the storage of value. Additionally, both are interchangeable and divisible. Most importantly, bitcoin and gold have limited supply; a property that makes both assets attractive Read more…
Streaming giant Twitch may just be re-enabling crypto payments, months after phasing it out. A Canadian user of the hugely popular online streaming service is reporting that Bitcoin and Bitcoin Cash payments have been re-enabled on the platform. CCN outlined earlier this year how the Amazon subsidiary quietly ditched all Read more…
The crypto market is an unusual one. The Wild West atmosphere, the volatility, and the 24/7, 365 trading provides little rhyme or reason, and often times Bitcoin and altcoins rise together, while other times they do not. At the start of the year, both Bitcoin and altcoins performed well relative Read more…
View Bitcoin jumped to fresh 15-month highs near $11,430 on Bitstamp earlier today, invalidating a bearish divergence on the 4-hour chart. With a key indicator reporting the strongest buying pressure in over two months, prices appear on track to test resistances lined up at $11,688 (March 2018 high) and $11,780 (February Read more…
A big bullish weekend is usually followed by a red Monday for bitcoin and crypto markets but this has yet to materialize. BTC has continued to climb and is now back at its 2019 and fifteen month high again. Further gains are likely and if Bitcoin can repeat is previous Read more…
Crypto markets hit another new 2019 high; Bitcoin surges higher, TRX, NEO climbing, VeChain going vertical. There has been no dip this week as we have seen in previous ones. Usually after a bullish weekend, crypto markets cool off early the following week. This has not happened as Bitcoin has Read more…
Over the last few months, Bitcoin price has more than tripled from the deepest depths of its bear market lows, and is well on its way to revisiting its previous all time high of $20,000 it set at the height of the 2017 crypto hype bubble. But having risen so Read more…
Bitcoin has continued to surprise investors as it has been able to maintain its upward momentum even after it pushed into the upper-$10,000 region, where it faced increased levels of selling pressure. Despite this, BTC is still facing some resistance in the lower-$11k region, and it is unclear as to Read more…
The world has been entrenched in a deluge of news surrounding Facebook’s recently announced cryptocurrency initiative, dubbed Libra, which was been met with a wide variety of responses from Bitcoin advocates and analysts alike, ranging from positivity and excitement to extreme negativity. Despite the significant amount of information now available Read more…
Citing data that demonstrates that over 86% of all Bitcoin SV volume originated from just 100 transactions, analyst Kevin Rooke told Twitter that Craig Wright’s pet crypto project is a “total ghost town.” Indeed, the stated purpose of the Bitcoin SV fork is to have the capacity for millions of Read more…
Over the weekend, Bitcoin price yet again shocked the crypto market and breached the important psychological resistance at $10,000, and soon after tested above $11,000 before a pair of violent rejections below. With the price level acting as such an important “FOMO” trigger, one crypto analyst says that $16,000 is Read more…
The euphoria that followed the bitcoin price’s climb to a new 2019 high above $11,000 couldn’t last forever, and it wasn’t long before some low-volume drama broke out over the weekend on Crypto Twitter. Seemingly apropos of nothing, Dan Held (@danhedl), a pal of Anthony Pampliano and legend of Bitcoin Read more…
Bitcoin (BTC) prints double-digit gains Central banks could slash interest rates to avert a global recession, boosting risk assets in the short term & safe havens in the long term Perhaps in anticipation of an economic slowdown and central banks intervening by cutting rates, data suggests fund managers are shifting Read more…
There’s no shortage of catalysts behind bitcoin’s weekend rally beyond $11,200. Institutional capital is at long last entering, the bitcoin supply halving event is nearing, and major players including the likes of Fidelity and Bakkt are building much-needed infrastructure. Considering that the crypto market rally overlapped with Facebook’s Libra development, Read more…
Unlike previous weekends in this uptrend, Bitcoin (BTC) was rather mild on Saturday night and Sunday. As of the time of writing this, BTC has found itself trading for $10,800 — down 5% from year-to-date highs, but up 1% in the past 24 hours. Simultaneously, altcoins have begun to slip, Read more…
View Bitcoin’s 165 percent gain so far this quarter is the best second quarter performance on record and the highest quarterly percentage gain since the end of 2017. The stellar gains have bolstered the long-term bullish technical setup. While the relative strength index is reporting overbought conditions, there are no Read more…
This weekend has been nothing short of monumental for Bitcoin. Over the past two days the king of crypto has surged almost 15 percent to its highest price for 15 months. The big question now is will it carry on brushing resistance aside or is a pullback imminent? Over the Read more…
Bitcoin has broken yet another 2019 record, reaching as high as $11,304, before conceding a short-term period of profit taking. At 21:00 UTC on June 23, the world’s largest cryptocurrency by market capitalization shot upwards on the daily chart, cementing a new high beyond June 22’s peak of $11,215. The move Read more…
Facebook’s Libra cryptocurrency whitepaper dropped this week, sending shockwaves through the Bitcoin and altcoin community. Is Libra the thing that pulls blockchain kicking and screaming into the mainstream, for the benefit of one and all? Or is it the final nail in the coffin of a cryptocurrency experiment just a Read more…
William [email protected] William Grant is the anchor and scriptwriter for CCN TV. He is based in US, New Jersey. Before joining CCN, he was working as a freelance video spokesperson. He sees news stories from a unique perspective and writes his scripts from a fresh and sarcastic point of view. Read more…
As much as “FOMO” is a meme in the Bitcoin (BTC) community, the fear of missing out seems to be an entirely real phenomenon. It’s been just a day since the cryptocurrency rocketed past $10,000, and data is already revealing that more money (and investors) are already flooding into these Read more…
Following a massively volatile past few days for Bitcoin and the aggregated crypto markets, BTC has now been able to slow down and find some stability around $10,700 and is forming $10,500 as a level of support. Analysts have long noted that the mid-$11,000 level would be an important region Read more…
Published: 23/06/2019 14:45 ET. Journalist: By CCN Markets: Self-proclaimed bitcoin inventor Craig Wright had his fondest wish come true when the capital city of Colombia formally recognized him as Satoshi Nakamoto. Bogota Grants Craig Wright’s ‘Satoshi’ Wish Officials in Bogota presented Wright with a fancy certificate affirming him as the Read more…
Over the past few weeks, Bitcoin (BTC) analysts have been wrestling with what has been pushing the cryptocurrency market higher. Some have said that this swing to the upside, marking the start of so-called “crypto spring”, was catalyzed by technical events; Others have looked to fundamentals. A recent analysis performed Read more…
By CCN Markets: Trading bitcoin comes with an extremely high degree of risk because of its volatility. Other than technical analysis, which can assist in finding buy and sell points, crypto traders are beholden to the whims of other traders. This is particularly true for bitcoin because its value isn’t Read more…
Mark “Murch” Erhardt tells CoinDesk about the weirdest, most surprising interaction he ever had in his years of running the Bitcoin Stack Exchange. Turns out the crypto world *is* that small! Subscribe to CoinDesk on YouTube: http://www.youtube.com/subscription_c… Site: https://www.coindesk.com Facebook: https://www.facebook.com/CoinDesk Twitter: https://www.twitter.com/coindesk Instagram: https://www.Instagram.com/coindesk Newsletter: https://www.coindesk.com/newsletter/ Twitter (Markets): https://www.twitter.com/coindeskmarkets Read more…
By CCN Markets: The red hot bitcoin price rally isn’t showing any signs of stopping. The flagship cryptocurrency has touched the $11,000 mark once again and there’s ever-growing chorus that it will keep flying higher. Crypto trader Josh Rager believes that the price of bitcoin could hit $60,000. | Source: Read more…
By CCN Markets: One day Bitcoin will occupy the same corner of internet nostalgia occupied by Nikola Tesla. So it goes: were it not for Thomas Edison’s superior resources, influence and propaganda, we could all be running our laptops on Mr. Tesla’s free energy right now. Surveying the thunderous hype Read more…
