Bitcoin Cryptocurrency News

After $2,000 Drop, Bitcoin Could Undergo a Strong Bounce For These 4 Reasons

Bitcoin has sustained a heavy correction over the past few days. At the local lows, the leading cryptocurrency was trading at $9,800. At current, BTC is trading for $10,100 as buyers have stepped back in. Millions worth of futures contracts have been liquidated over recent days; Skew.com reports that $350 million worth of longs has Read more…

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Bitcoin Cryptocurrency News

Dave Portnoy Lost 1.6% of His Crypto Investment, Then Liquidated His Bitcoin

Dave Portnoy famously entered the Bitcoin and crypto market last week with the help of the Winklevoss Twins. He originally bought $250,000 worth of digital assets, $50,000 into Chainlink and the rest into Bitcoin. The video of him buying this cryptocurrency went crypto-viral as many acknowledged the significance of his entrance into the industry. While Read more…

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Bitcoin Cryptocurrency News DeFi

Defi Explosion: Chainlink (LINK) Records 80% Weekly ROI As Bitcoin Dominance Below 60%

Bitcoin has recouped from yesterday’s dip to below $11,200, but most altcoins are significantly outperforming the primary cryptocurrency. Several impressive price increases, including new all-time highs for Chainlink and Tezos, have reduced Bitcoin’s dominance to below 60%. Altcoin Wild-Ride Continues With LINK and XTZ At ATH As CryptoPotato reported yesterday, 24 hours ago, the entire Read more…

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Bitcoin Cryptocurrency News

History Suggests Bitcoin Could Soon See a Rapid Rise to Fresh All-Time Highs

The entire cryptocurrency market – including Bitcoin – is currently witnessing some slight downwards pressure that has slowed BTC’s ascent The benchmark cryptocurrency is facing what appears to be insurmountable resistance at $12,000 Each attempt that bulls have made to break through this level has resulted in firm rejections that send its price reeling down Read more…

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Bitcoin Cryptocurrency News

Tezos To New ATH Above $4.4 While Bitcoin Fails at $12,000 Again

Bitcoin couldn’t succeed at conquering $12,000 so far and got rejected. Although many top 10 alts are retracing slightly today, the rest of the market is in the green, including another all-time high from a top 20 coin – Tezos (XTZ). Lower-cap Altcoins And Tezos To The Rise The majority of top 10 coins have Read more…

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Bitcoin Cryptocurrency News

Here’s Why an Analyst Thinks Bitcoin Is Primed to Retest $12,000

Bitcoin plunged during Friday’s trading session as the cryptocurrency was once again rejected at $12,000. $12,000 has been a pivotal level for BTC in the past week and also in the past three years. The drop scared many traders, many of whom opened short positions as Bitcoin slid under $11,500. Going against the grain, Bitcoin Read more…

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Crypto Analysis Cryptocurrency News Ethereum

Despite Recent Strength, Ethereum has Yet to Break Above One Critical Level

Ethereum, like Bitcoin, is currently flashing some immense signs of strength as it pushes past $400 The resistance at this price level remains heavy, so buyers must continue propelling the crypto higher in the near-term Where ETH trends next as it hovers around this crucial level may depend on Bitcoin, as it guided the market’s Read more…

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Bitcoin Cryptocurrency News

Bitcoin Price Stagnant as Gold Records ATH Above $2,000

During yesterday’s trading session, gold’s futures contracts and shortly after the spot price broke above the coveted $2,000 level for the first time. In the cryptocurrency market, Bitcoin remains relatively calm, while some altcoins are fluctuating with another all-time high charted by Chainlink. Cryptocurrency Price Movements After yesterday’s unsuccessful attempt to overcome the $11,500 resistance, Read more…

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Bitcoin Cryptocurrency News

Bitcoin’s Latest Surge Higher Is Extremely Positive: Factors to Consider

For the past month, Bitcoin has effectively flatlined in an extremely tight consolidation pattern. Prices have been locked in a ~7% range between $8,900 and $9,400. Earlier this week, the cryptocurrency began to resolve the consolidation by inching higher. This culminated in a strong surge higher that peaked on Thursday, when BTC hit $9,650 on Read more…