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Bitcoin Cryptocurrency News

These 4 Factors Signal Bitcoin is Gearing Up for a Breakout Rally

The crypto market is heading into the weekend without any clear momentum, as the past week has been relatively quiet for Bitcoin Many altcoins are still maintaining their firm upwards momentum, although this appears to be slowing down as investors grow more concerned about where Bitcoin may trend next There are four factors that one Read more…

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Bitcoin Cryptocurrency News

Stablecoin Supply Has Reached $12 Billion; Why This is Bullish for Bitcoin

The amount of stablecoins circulating throughout the crypto market has been tremendous growth in 2020 Although it took this fragment of the market five years grow to $6 billion in size, it has grown to over $12 billion throughout the past six months alone This is an extremely positive development for Bitcoin, as many view Read more…

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Altcoin Blockchain Cryptocurrency News

Chainlink (LINK) Explodes 40%, Enters The Top 10: Monday Price Watch

Without any shred of doubt, today’s spotlight in the cryptocurrency market is entirely on Chainlink (LINK). The price for the token surged with about 40% to reach $8.480 on Binance and shatter all perceived resistances on the way up. Chainlink (LINK) Price Explodes All eyes are focused on Chainlink (LINK) as its price increased by Read more…

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Altcoin Cryptocurrency News

Bitcoin Analyst Shares 4 Reasons Why the Altcoin “Party” Will End Soon

It’s been an explosive week for the altcoin market, but not for Bitcoin. As Bitcoinist has extensively covered over recent days, a number of altcoins have surged higher. This list includes Dogecoin (DOGE), Chainlink (LINK), Synthetix (SNX), Cardano (ADA), and VeChain (VET). BTC vs. altcoins Tron, Ethereum, Cardano, and Crypto.com since the start of 2020. Read more…

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Bitcoin Cryptocurrency News

How Bitcoin Outperformed Both the S&P 500 and Nasdaq in First Half 2020

Despite major setbacks from the Black Thursday market collapse, the cryptocurrency market and Bitcoin had a strong H1 close. The leading crypto asset by market cap also beat the best performing stock market index by nearly double. Will the strength continue into the second half of the year? Recounting The Rollercoaster Ride That Was The Read more…

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Bitcoin Cryptocurrency News

Bloomberg Researchers Bullish on Bitcoin, Demand Points To $12,000

A new 2020 crypto outlook report from Bloomberg has been released, revealing just how bullish the company’s analysts are on Bitcoin.  The report puts a spotlight on the first-ever cryptocurrency’s digital scarcity and suggests that the current active addresses point to prices closer to $12,000 in the short term. First-Ever Cryptocurrency Matures Into Digital Gold Read more…

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Bitcoin Cryptocurrency News

The Grayscale Bitcoin Trust May Be Signaling BTC has Formed a Long-Term Bottom

Bitcoin has been consolidating between $9,000 and $10,000 for the past several days and weeks, struggling to garner any clear trend The crypto has expressed some overt weakness in recent times due to its propensity to trade near the lower boundary of this range Buyers have been ardently defending against a drop below $9,000 One Read more…