Bitcoin Blockchain and Cryptocurrency News Center
Bitcoin has been the main attraction in the past week, as it has scaled every stiff hurdle with ease. The rally has helped its marketdominance hit levels not seen since December 2017. After a long time, the traders have focused on the positives and have disregarded the negative news. This shows that the sentiment is bullish. A rally being led […]
Bitcoin (BTC) has continued its uptrend. It broke above the overhead resistance of $5,900 on May 7 but could not close above it. However, we are not seeing any profit booking or aggressive shorting at this critical resistance. Both the moving averages are trending up and the RSI is in the overbought zone. This increases […]
Though institutional players have been dabbling in cryptocurrencies, they are yet to take sizeable positions. This might change with the launch of Bitcoin trading by Fidelity. According to certain sources, the financial giant is only weeks away from offering cryptocurrency trading for institutional clients. While Bitcoin futures trading is already available, an unnamed official of the Commodity […]
As the CoinDesk announced, Bitcoin has officially entered the longest stretch of declining prices in its 10-year history. The world’s oldest and most valuable cryptocurrency achieved an all-time high of $19,764 on Dec. 17, 2017 on the CoinDesk Bitcoin Price Index and has printed a series of lower price highs ever since, making February 2 (as […]
A new report from the Bank of International Settlements (BIS) contends that bitcoin markets are swayed by news events related to regulation, the CoinDesk writes. “While cryptocurrencies are often thought to operate out of the reach of national regulation, in fact their valuations, transaction volumes and user bases react substantially to news about regulatory actions,” […]