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Bitcoin exchange balances shrink to yearly-low; Ethereum exhibits an opposing trend

Bitcoin halving hype has faded and the coin hasn’t had any violent price swings since the event. Over the past few weeks leading up to the halving, BTC accumulation rose to record levels as hodlers in

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Bitcoin Cryptocurrency News

Bitcoin Exchange Outflows Hit 8-Month High, HODL’ing Soars

Bitcoin adopters seem eager to hold their own coins as withdrawals now outpace deposits on exchanges. This cryptocurrency outflow reflects the growing unease about the state of the global economy, as well as the stability of the crypto space. BITCOIN EXCHANGE BALANCES HAVE BEEN DECLINING FOR WEEKS Analytics firm Glassnode has noted that exchange liquidity Read more…

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Bitcoin Cryptocurrency News

3 Major Positives From the Crypto Market Meltdown

Yesterday’s meltdown of the crypto markets was not entirely negative, Bitcoin, although price dropped substantially, has remained resilient through its first financial crisis.  The network has stayed up, and even made a higher low than 2018, and the halving is less than 60 days away. 1. Crypto Markets Weather First Major Global Crisis Even though Read more…

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Bitcoin Tanks as Low as $7,700 In Brutal Sell-Off: Is There Hope of Recovery?

Since our last market update, Bitcoin hasn’t fared any better; just minutes ago (as of the time of this article’s writing), the cryptocurrency was trading at $7,700 — the lowest the asset has traded at since mid-January, amid the breakout that brought it as high as $10,500. This means that at the worst of the Read more…

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Bitcoin Cryptocurrency News

Bitcoin Price Must Break This Level to Turn Bullish Again

After breaking above $9,000 and finding support, Bitcoin price is seeking direction again. But the leading asset must cross over the $9,500 resistance to initiate another bull rally, analysts state. Bitcoin Price Bounces Off $8,550, Faces Resistance Above $9,000 Bitcoin price managed to bounce off the recent lows in the $8,500 range. But standing above Read more…

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Bitcoin Cryptocurrency News

Bitcoin Could be a ‘Spaceship’ for Many Americans: Binance US CEO

Using Nasdaq as her platform Binance.US founder and CEO Catherine Coley, commented on the state of Bitcoin and cryptocurrency adoption in the US.  Misunderstanding Gap Fueled by Media Coley points out that the United States had typically been viewed as a world leader in innovation and entrepreneurship. However, it is greatly lagging behind when it Read more…