While Bitcoin remains up in 2019, outperforming effectively all other assets except for altcoins and Tesla, market participants have been scared by the recent reversal. In fact, one popular cryptocurrency trader, who called the bearish reversal quite well over the past few days, has warned that the macro BTC bottom might not have been established...Read More
Bitcoin’s recent turbulence has come fresh on the heels of the cryptocurrency’s intense bull rally seen throughout the past couple of months, with buyers propelling the crypto from lows of $6,800 to highs of $10,500. Unfortunately for bulls, the resistance BTC has found within the $10,000 region has been insurmountable, leading the cryptocurrency to face...Read More
Finnish Customs seized 1,666 bitcoins several years ago during major drug busts. The digital asset’s value has grown with almost 2,000% since then, and the authorities are wondering what they could do with all the bitcoins. Finland’s Seized Bitcoins Back in 2016, police raids in Finland were a common sight. The notorious black market, the...Read More
The last few days have been catastrophic for traditional financial markets and pretty damaging to the cryptocurrency field as well. Major global indices are charting tremendous losses while the crypto market cap lost more than $30 billion in the past week. Major Indexes Chart Serious Losses Over the course of just a few days, major...Read More
Morgan Creek Digital’s founder and early bitcoin investor, Anthony Pompliano at CNN debunks the present assertion that Central banks around the world are building digital currencies aimed at supporting the immutability of bitcoin. A Competition Is Brewing: Bitcoin Vs CBDCs During his recent interview with CNN’s Chatterley, Anthony Pompliano, hereinafter known as Pomp says there...Read More
The recent volatility in the cryptocurrency markets hasn’t done much to fend off Bitcoin bulls. In fact, in two recent interviews with mainstream media, two of the industry’s most powerful executives and investors separately confirmed that they think the price of BTC will surpass $100,000 in the coming years. As crazy as they may sound...Read More
Bitcoin has seen some bear-favoring turbulence over the past week, with its recent break below $10,000 sparking a bout of capitulation that led it to lows of $9,200, from which point it has struggled to garner any sustainable upwards momentum. This intense selling pressure has cause BTC bulls to cave in, as they are currently...Read More
Over the past few hours, Bitcoin (BTC) has started to tank lower once again, reaching $9,350 just an hour or two ago on some exchanges. The asset has since seen a slight bounce, returning to $9,400. This means that in the past 24 hours, the price of the leading cryptocurrency has fallen by 3.25%, crushed...Read More
If you’ve read the most popular “Bitcoin” and “crypto” headlines, you likely know that for the first time in what must be a year, legendary investor Warren Buffett decided to weigh in on this nascent market. the CEO of Berkshire Hathaway, a conglomerate with major stakes (and some ownership stakes) in some of America’s most...Read More
Cryptocurrency is expanding into the everyday lexicon, and growing interest is expanding the pool of people interested in investing. It is estimated that slightly less than 10 percent of Americans own cryptocurrency. Individuals who do not own any typically give a variety of reasons why they don’t, including the fact that they don’t see a...Read More
Not long ago, the much anticipated Justin Sun’s million-dollar launch with the business tycoon, Warren Buffet, was held. Following the event, Justin Sun informed the community of a successful launch with Buffet and some of the gifts exchanged was revealed. Among those gifts that Buffet received from Sun were top cryptocurrencies like bitcoin and TRX. ...Read More
Unfortunately for bulls, Bitcoin’s surge to $10,000 on the weekend did not last. Case in point: on Monday, the cryptocurrency started to tank for the umpteenth time, plunging as low as $9,490 on some exchanges as bears managed to take control of the market once again. While BTC remains up over 30% since the year...Read More
Renowned venture capitalist, Tim Draper during a recent interview has doubled down on his long-standing bitcoin prediction of $250k. This time, Draper believes this price altitude is achievable within a few years from now. Draper On His $250k BTC Prediction During an interview session with CNBC, popular crypto frontier and bitcoin evangelist, Tim Draper has...Read More
Bitcoin, altcoins, and global equities have all seen some intense bearishness today, which has primarily stemmed – at least in the case of the traditional markets – from fears surrounding the rapid spread of the Coronavirus across the globe. The fact that this selloff has transcended just the traditional markets and has had impacts on...Read More
Earlier this year Tron founder Justin Sun held a widely watched dinner meeting with investing legend Warren Buffet. This dinner came about as the result of the crypto company winning a multi-million-dollar charity auction. During the dinner, Sun and multiple other prominent figures within the blockchain industry discussed the promise of DLT technology, and supposedly...Read More
On 24 February, Bitcoin’s price underwent a similar trend it has familiarized the market with. The price of the world’s largest cryptocurrency, in terms of market cap, started to ascend towards the The post Bitcoin longs worth $23 million liquidated as high volatility creeps in appeared first on AMBCrypto. The post appeared first on AMBCryptoRead More
Over the past 36 hours, Bitcoin has finally started to show signs of strength after the brutal 10% sell-off earlier this week. From the week’s most traded price at $9,600, the cryptocurrency has pressed higher to $10,000 as of the time of writing this, seemingly to establish a short-term candle close above this crucial psychological...Read More
In just a few months’ time, Bitcoin will see what is known as a halving, a once-every-four-years event which sees the asset’s inflation cut in half, skewing the supply-demand dynamic in favor of bulls. This cyclical event previously marked the start of some of the crypto market’s parabolic rallies, during which the price of BTC...Read More
Bitcoin and the aggregated cryptocurrency market have incurred some notable upwards momentum overnight, allowing many altcoins to surge and put some significant distance between their recent lows. This momentum, however, may be short-lived as analysts closely watch to see how Bitcoin’s dominance over the market reacts to a key level, as a bounce at its...Read More
Bitcoin and the aggregated cryptocurrency market have incurred some notable upwards momentum overnight, allowing many altcoins to surge and put some significant distance between their recent lows. This momentum, however, may be short-lived as analysts closely watch to see how Bitcoin’s dominance over the market reacts to a key level, as a bounce at its...Read More
With Bitcoin’s price increase in 2020, so does the interest in futures trading. A few days ago, for instance, CME recorded one of its best trading days with over $1 billion in daily volume. Other significant names in Bitcoin Futures trading, including BitMEX and Binance, are also noting impressive volumes lately. CME Bitcoin Futures Volume...Read More
Euro Pacific chief Peter Schiff says bitcoin is in a bubble and will crash to $3,000 before spot gold surges to that level. He’s wrong. The post Peter Schiff Says Bitcoin Will Hit $3,000 Before Gold Does. He’s Wrong. appeared first on CCN.com The post appeared first on CCNRead More
A tale of two halves – Bitcoin Futures market edition. On 22 February, Bitcoin stayed flat. The reason this nonchalant movement bears significance owes to how the week started, with the coming of t The post Bitcoin Futures stall early as market springs a surprise appeared first on AMBCrypto. The post appeared first on AMBCryptoRead More
Bitcoin’s total supply gets distributed among more addresses as its network matures over time. At the same time, some notable altcoins have up to 95% of their total supply held by several large addresses. This information came from a report gathered by the popular monitoring resource – coinmetrics. By examining numerous variables of data, the...Read More
Top cryptocurrency by market capitalization, BTC has started a surprise price recovery which many believe is the continuation of its January bull run. According to stats on CoinmarketCap, bitcoin gained as much as 4 percent over the last 24 hours to touch around $9,900 as of the early hours of Sunday. Bitcoin Nearing $10K This...Read More
The Schnorr Signature and Taproot Softfork proposal marked a new milestone in January this year. Touted as one of Bitcoin’s most significant upgrades since its inception a decade ago, this soft fork u The post Bitcoin’s scalability woes may find relief in ‘flexible’ Taproot, Schnorr appeared first on AMBCrypto. The post appeared first on AMBCryptoRead More
Bitcoin has once again started to show signs of recovery. In the past hour, the price of the leading cryptocurrency has exploded higher, from the daily low around $9,650 to as high as $9,040, a jump of 3%. While this move has not yet been sustained on a weekly basis, analysts say that this recovery...Read More
While Bitcoin and crypto is largely a movement to disempower institutions and to put power back in the hands of regular people, there has been a space-wide focus on getting institutions involved in this industry. The thesis with this antithetical move is that institutional involvement in cryptocurrency: the world’s biggest firms and investors dabbling in...Read More
The prophecized golden cross is clearly taking its time to kickstart the rally. At press time, BTC was worth $9,670, slightly higher than last week’s close [$9598]. On the weekly time frame, Bitcoin’s The post Bitcoin’s potential rally depends on its pullback; $9,075 or $9,600? appeared first on AMBCrypto. The post appeared first on AMBCryptoRead More
XRP Could Plunge, Analyst Warns After Brutal Rejection Above $0.34 Last week, XRP saw a brutal rejection above the $0.34 price point, falling off a cliff all the way to $0.265 as Bitcoin saw a similar rejection at the $10,500 resistance. According to full-time cryptocurrency trader Cold Blooded Shiller, this rejection could spell disaster for...Read More
