Bitcoin Blockchain and Cryptocurrency News Center
Fidelity Investments’ Jurrien Timmer stays upbeat on Bitcoin network strength, while another commentator flags a “compelling” risk/reward ratio at $20,000, the Cointelegraph reported. Bitcoin (BTC) has not been this good value since it cost $1,130, one analyst argues as BTC offers a “compelling” risk/reward ratio. In a Twitter thread on July 7, Jurrien Timmer, director of global […]
Bitcoin has witnessed a massive plunge from the $30,000 level to $20,000 in the month of June. Price of Bitcoin has been witnessing movement within a range of $20,000 and $21,000 respectively. The short term technical outlook of the coin has been pointing towards bullishness. It is however too soon to term the upward price direction […]
Bitcoin could be up with some positive vibe in the coming days. Following last week’s calamitous meltdown that chopped more than 30 percent off the value of prominent cryptocurrencies, including Bitcoin, the broader crypto markets have made a modest comeback. After a sharp decline, Bitcoin’s price has stabilized at $17K, which is a far cry […]
With BTC recently trading at the $20,000 range for the first time since 2020, small-time investors found a small window of opportunity to achieve their dream of owning at least 1 BTC, the Cointelegaph reported. Ever since early Bitcoin (BTC) investors woke up millionaires as the ecosystem gained tremendous popularity alongside the mainstreaming of the […]
Crypto advocates often refer to Bitcoin as “digital gold,” but how does BTC stack up against gold as a long-term investment? The emergence of forty-year high inflation readings and the increasingly dire-looking global economy has prompted many financial analysts to recommend investing in gold to protect against volatility and a possible decline in the value […]
United States stock markets provide the backdrop for reversal in Bitcoin as $30,000 manages to hold, the Cointelegraph reported. Bitcoin (BTC) climbed to fresh local highs overnight into June 3 after United States equities cut losses. Wall Street provides short-term relief Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining steadily to hit $30,670 on Bitstamp before consolidating. […]
Deja-vu for BTC versus market sentiment as conditions mimic the weeks after the March 2020 COVID-19 crash. Bitcoin (BTC) returned to $30,500 on May 17 amid hopes that a retest of 2017 highs could be avoided. $20,000 retest ‘highly unlikely’ Data from Cointelegraph Markets Pro and TradingView showed BTC/USD climbing after the daily close to tentatively build on $30,000. […]
Bitcoin attempted a recovery wave above the $30,000 resistance against the US Dollar. BTC is struggling near $31,000 and might start a fresh decline, the NewsBTC predicts. Bitcoin recovered above the $30,000 level but struggled above $31,000. The price is now well above the $30,000 level and the 100 hourly simple moving average. There is […]
Bitcoin price action steadies, but things still look ugly for those with major skin in the game, the Cointelegraph writes. Bitcoin (BTC) found a new home at $36,000 into May 7 as volatility finally cooled into the weekend. Terra down at least $250 million in crunch Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling the $36,000 mark […]
Today the cryptocurrency market experienced a sudden crash, with Bitcoin and Ethereum prices falling. Other major coins also saw a significant fall, the NewsBTC reported. Around $100 billion was wiped from the combined value of all cryptocurrencies in just minutes. In the last 24 hours, Bitcoin experienced a 5% decrease. At the same time, the […]