Most of the cryptocurrency market has been trading in the red over the last 24 hours. However, altcoins are seemingly making a slight recovery when looking at the bigger picture, as Bitcoin’s dominance loses 1%. Bitcoin’s price has been ranging between $7,400 and &7,600 in the last few days, but yesterday it marked a slow...Read More
Bitcoin price makes a retreat on Sunday’s trading. | Source: Shutterstock The bitcoin price dropped from $10,968 to $10,252 over the weekend within a two-day span by more than six percent against the U.S. dollar. Bitcoin price dropped by more than six percent since weekly high at over $10,900 (source: coinmarketcap.com) Previously, when the bitcoin...Read More
Bitcoin price fell sharply on Saturday after failing to break beyond $11,000. | Source: Shutterstock The bitcoin price abruptly dropped by more than five percent $10,949 to $10,204 in the past 24 hours at a point which technical analysts described as a critical moment for bitcoin. The bitcoin price has dropped by more than $500...Read More
Bitcoin could be on its way to $20,000 next year if a historical trend repeats itself once again, according to crypto trader Josh Rager. | Source: Shutterstock Crypto trader Josh Rager is a noted bitcoin bull known for his ambitious price targets. He is now predicting that the price of the flagship cryptocurrency could surge...Read More
Bitcoin is looking at a fresh yearly high if support sticks, analysts have claimed. | Source: Shutterstock Since September 2, within four days, the bitcoin price has recovered from $9,500 to $10,700, rising by well over 10 percent against the U.S. dollar. The bitcoin price on a steady recovery since early September (source: coinmarketcap.com) As...Read More
Bitcoin price has gained this week but what’s behind the move? | Source: Shutterstock This week brought a small reprisal for bitcoin price and the broader cryptocurrency market as it witnessed $20 billion added to its total market cap by late Tuesday. This was also reflected by an approximate 10% gain for BTC alone; so...Read More
In a sign of its growing maturity, bitcoin is nearing a 3-month period with a bottom at $9000. | Source: Shutterstock The bitcoin price has held above $9,000 for a record 81 days, a feat it couldn’t manage even during the monster bull run of 2017. Although BTC remains around 50% below its all-time high,...Read More
Tuesday’s bitcoin price surge launched BTC as high as $10,750 on Bitstamp, decimating $68 million worth of shorts in the process. | Source: Shutterstock Bitcoin (BTC) is back in positive territory today. Yesterday’s surge of nearly 8% on Bitstamp saw BTC shoot back past $10,000 and then briefly clip the $10,750 mark on Tuesday. Most...Read More
The bitcoin price increased from $9,766 to $10,500 as its dominance over altcoins and the rest of the cryptocurrency market hit 70 percent. | Source: Shutterstock The bitcoin price increased from $9,766 to $10,500 in the past 24 hours as its dominance over altcoins and the rest of the cryptocurrency market hit 70 percent. Prior...Read More
A bitcoin price premium has developed in Argentina as the government imposed currency controls in a bid to support the peso. | Source: Shutterstock Argentina’s decision to impose currency controls has had a bullish effect on bitcoin in the South American country. With demand rising for the cryptocurrency, a bitcoin price premium has subsequently developed....Read More
Thailand’s biggest crypto exchange, BX Thailand, announced it was ceasing services at the end of the month. | Source: Shutterstock By CCN Markets: BX Thailand, also known as BX.in.th and Bitcoin Co. Ltd., the largest bitcoin exchange in Thailand according to data published by CoinGecko, has announced it is shutting down its cryptocurrency trading platform...Read More
Bitcoin broke over the weekend,indecisive in making any moves after trading flatly. | Source: Shutterstock By CCN Markets: According to technical analysts and cryptocurrency traders, the bitcoin price is at a critical juncture following its indecisive weekly close and is waiting for confirmation for either a full short term trend breakdown or reversal for BTC....Read More
Bitcoin maximalist Max Keiser set an exuberant $28,000 bitcoin price target, citing an escalating hash rate and Game Theory. | Source: Shutterstock (i), Keiser Report/YouTube (ii). Image Edited by CCN. By CCN Markets: As the bitcoin price sputters this weekend, crypto bulls are stepping in to pump the market up. Bitcoin permabull Max Keiser set...Read More
The bitcoin price suffered a painful crash this week, but bulls shouldn’t imagine the worst is over. This dump isn’t finished – not even close. | Source: Shutterstock By CCN Markets: The bitcoin price suffered a massive setback on August 28th, crashing through support at $10,000 before testing the low $9,000s. We warned that this...Read More
Bitcoin price fell sharply on Thursday’s trading to land around the $9,500 level. | Source: Shutterstock By CCN Markets: The bitcoin price crumbled overnight, breaching the psychological barrier of $10k and dropping as low as $9,334 on Coinbase. The fall marked a nine percent collapse in a matter of hours, wiping out a total of...Read More
Bitcoin and the wider crypto market are taking an absolute beating on Thursday. | Source: Shutterstock Following an abrupt drop from $10,277 to $9,700 in the bitcoin price on August 28, the dominant crypto asset has continued to demonstrate weakness in its short term trend. The bitcoin price has dropped by more than $1,000 in...Read More
The likelihood of bitcoin price hitting a fresh all-time-high near $20,000 in 2019 is diminishing. | Source: Shutterstock The likelihood of the bitcoin price surpassing its all-time high of $20,000 by the end of the year is a mere six percent. That’s according to data from Skew which tracks the BTC options market. Bitcoin has...Read More
By CCN Markets: Bitcoin has a new bedrock support level, and for the first time ever, it’s in five-figure territory. According to the CEO and founder of the deVere Group, Nigel Green, Bitcoin’s “new normal bottom” is $10,000. “It bounces at this price. If it fluctuates below this level, it shoots back up again. We...Read More
By CCN Markets: On August 28, the bitcoin price flash surged across major cryptocurrency exchanges, rising to as high as $10,800 on BitMEX, the largest margin trading platform for crypto traders based on daily volume. A large number of shorts were liquidated on BitMEX, triggering buy orders at a higher price, taking the bitcoin price...Read More
By CCN Markets: The bitcoin price has declined by more than 8 percent in the past week from $10.950 to $10,030 across major exchanges like Bitstamp and Coinbase. The bitcoin price remains stable throughout the weekend. | Source: Coinmarketcap The bitcoin price tried to test the $10,900 to $11,000 range that has acted as a...Read More
The bitcoin price just did something it has NEVER done before, and it’s great news for bulls who view crypto as a stock market hedge. | Source: Shutterstock By CCN Markets: Bitcoin has been hawked as a safe haven asset for quite some time now, with bulls crediting the rising price of the cryptocurrency in...Read More
Chonic crypto critic Peter Schiff promised that the Bitcoin price would never, ever hit $50,000. One trader told us he is dead wrong. | Source: Cambridge House International Inc./YouTube (i), Shutterstock (ii). Image Edited by CCN. By CCN Markets: The Bitcoin price has defied his bearish portents before, but goldbug and chronic crypto critic Peter...Read More
Bitcoin price is having a volatile week. | Source: Shutterstock By CCN Markets: Since August 15, in less than five days, the bitcoin price (BTC) has increased from $9,500 to $10,700 by well over 12 percent against the U.S. dollar. The bitcoin price has demonstrated a short term reversal after dipping to as low as...Read More
Where is the bitcoin price heading? Image from Shutterstock. By CCN Markets: Since the official announcement of Bakkt’s bitcoin futures market launch on August 17, the bitcoin price has surged by well over 6 percent against the U.S. dollar to $10,700. On Saturday, before Bakkt received green light from the Commodities and Futures Trading Commission...Read More
The bitcoin price spiked after regulated futures platform Bakkt announced it had received approval to launch in September. | Source: Shutterstock By CCN Markets: Bakkt, a bitcoin futures trading platform operated by ICE, the parent company of the New York Stock Exchange (NYSE), finally received approval from the Commodities and Futures Trading Commission (CFTC) to...Read More
