Bitcoin Blockchain and Cryptocurrency News Center
Technical charts indicate that BTC, XRP, LINK, BCH and FIL may be on the verge of a sharp breakout, but traders are unsure of the direction. Bitcoin (BTC) and most major altcoins have been relatively quiet during the holiday period from Good Friday onward. This suggests that cryptocurrency traders are not initiating large bets during the period […]
As the Cointelegraph announced, Bitcoin could pick up momentum above $56,100 and that could attract buying in DOT, UNI, LINK, and XMR. Bitcoin (BTC) has continued to trade near the $55,000 level. The sharp rally in Bitcoin has pushed its market dominance from 40.70% on Sep. 12 to about 45% today. This shows that the […]
Bitcoin and most major altcoins remain above their respective 200-day moving average but the market’s momentum will depend on whether BTC can pierce the $48,000 level. Bitcoin’s (BTC) strong recovery and march toward the psychological level at $50,000 has improved the overall sentiment in the crypto sector. That has boosted the total crypto market capitalization to […]
Bitcoin price has hit a few barriers but many altcoins appear positioned for continuation. Bitcoin (BTC) dropped back below $39,000 on Aug. 2, suggesting that short-term traders were booking profits after the price failed to close above $42,451.67. However, lower levels could again attract buying as seen in late July. Data from Santiment showed that Bitcoin held […]
Bitcoin is still stuck in a predictable range below Binance Coin, Cardano, Litecoin and Chainlink have formed bullish patterns suggesting further upside in them. Over the past week, several traders bought Dogecoin (DOGE) leading up to Elon Musk’s Saturday Night Live appearance as they expected a pump. However, the mention of Dogecoin during the monologue by Musk […]
Altcoins retraced to key lower support levels after Bitcoin price dropped below $56,000, but will traders view the dip as a buying opportunity? According to CoinShares, the institutional inflow into crypto products hit $4.5 billion in Q1, which is 11% higher than the intake seen in Q4 2020. This shows that institutional interest is on the rise […]
Bitcoin’s recovery from its recent lows and the stellar performance from altcoins signal that bulls are confident BTC will retest its all-time high. Following in the footsteps of Morgan Stanley, Goldman Sachs has announced plans to allow its wealth management clients to trade in cryptocurrencies and other digital assets. In an interview with CNBC, Mary Rich, the […]
Bitcoin price bounced off the 50-day moving average but the real test is near $57,500 where the bears are likely to push back, the Cointelegraph reported. Glassnode data shows Bitcoin (BTC) exchange reserves on Coinbase have dropped by about $8 billion. This indicates that institutional investors are locking away their purchases in cold storage for the long […]
Bitcoin price is still meeting strong sell pressure near a key trendline, indicating the possibility of further downside for BTC and altcoins in the coming days. On March 24, Tesla CEO Elon Musk announced that U.S. buyers are now able to purchase Tesla vehicles with Bitcoin (BTC). Musk also tweeted that Tesla will not convert BTC payments […]
Several altcoins are moving to new all-time highs as bulls struggle to lift Bitcoin price above $60,000, the Cointelegraph reported. A report by Deutsche Bank Research said that Bitcoin (BTC) has become “too important to ignore” and may attract regulation by the end of 2021. Deutsche Bank analysts expect Bitcoin to reach a turning point in about […]