The latest positive price developments in the cryptocurrency scene have helped Bitcoin to reclaim its position as the best performing asset in 2020. BTC is currently beating the S&P 500 index, US 10 year treasury bonds, and even gold. BTC’s Recent Price Jump 2020 has been nothing but volatile for the cryptocurrency market. Looking at...Read More
Traders are ecstatic as the cryptocurrency markets finally recover from the recent crash of March 12 amid the novel Coronavirus (COVID-19) pandemic. At that time, Bitcoin (BTC) and the altcoins shredded all the profits they have amassed since the start of the year, leaving many in bearish sentiment. Altcoin Crashes Against BTC However, with the...Read More
The last day will not surprise those who are following CryptoPotato since 2016, or those of you who had witnessed at least one real Bitcoin bull-run. When the primary currency decides to turn on its engines – it does it faster than any other asset existing on Earth, or on the blockchain. Bitcoin is now...Read More
For those of you who are trading crypto for a few years, it will not be a surprise. While Bitcoin saw its worst day during March 12, 2020, resulting in more than 50% intra-day loss, it felt like a matter of time until Bitcoin will make its pave back to $8K – the price it...Read More
Bitcoin’s stock-to-flow (S2F) model has become one of the most popular formulas based on monthly S2F and price data. It activated various analysts across the world as many have verified the actual relationship between Bitcoin’s price and its stock-to-flow ratio. Now, the analyst who originally came up with it has presented a new model that...Read More
A recent report by Bloomberg says it might be time for a 2017-like bull run for Bitcoin. According to the document, interest in BTC is increasing while the market is maturing in time for the 2020 Halving, winking at the previous event of the kind that took place in 2016. Becoming The Digital Gold, After...Read More
Bitcoin starts the week following a bullish weekend. Just as anticipated, Bitcoin broke above the $7600 to a new price high since the devastating collapse on March 12. As of writing these lines, Bitcoin marks $7800 (Bitstamp) as the new high. Following our previous BTC analysis from Saturday, we can see that Bitcoin broke above...Read More
Bitcoin futures contracts allow traders to speculate on the price of Bitcoin without necessarily have to own it. They are a derivative product that gained serious popularity in the past years. Traders are always looking for information that would give them an edge in the market. Arguably, the most valuable data is that which offers...Read More
Stablecoins issuance is not artificially inflating the prices in the cryptocurrency market, despite some controversial beliefs, suggested new research on the matter. At the same time, the paper acknowledged their vital role in the digital asset field and predicted that it’s only prone to grow in time. Tether Do Not Inflate The Crypto Market Last...Read More
Bitcoin mining hardware manufacturer Ebang International Holdings has become the latest mining chips company planning to get listed on a major stock exchange via an Initial Public Offering (IPO) in the United States. Ebang Files $100M IPO In The US The China-based firm has applied with the US Security and Exchange Commission (SEC), so it...Read More
Despite his short-term adverse views of Bitcoin’s price, Ross Ulbricht remains bullish in the long-term. In a recent post from the prison, he reiterated his last $1,200 price prediction, saying that this could be simply the start of a vast upwards movement, which could lead to $333m per one BTC. Bitcoin To $333 Million? As...Read More
What a recovery. Bitcoin is only a few steps away from a full recovery since the March 12 collapse, which took place only six weeks ago and saw Bitcoin plunging to $3600 (BitMEX). The primary cryptocurrency had recently broken above at $7230. On the following 4-hour chart you can notice the mid-term descending trend-line’s breakout....Read More
