Tag: Bitcoin News

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Bitcoin And Altcoins Still Capped by Key Hurdles

Recently, there was a downside correction below USD 15,350 and USD 15,200. BTC even tested the USD 15,000 support zone before correcting higher. The price is currently (05:30 UTC) trading above USD 15,350, but it facing a strong hurdle near USD 15,600. Similarly, most major altcoins are struggling to gain bullish momentum, including ethereum, XRP,…
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Spot Trading Dropped On Binance, OKEx, Coinbase, Kraken, Huobi in October + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Exchanges news Major crypto exchanges experienced up to a double-digit drop in their spot trading volumes in October, according to CryptoCompare. Binance was the largest Top-Tier exchange by volume in October, trading USD…
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Bill Miller & JPMorgan Find Logic In Bitcoin, Roubini Sees Some Value in BTC

A few major names in the worlds of finance and entertainment made bullish statements on bitcoin (BTC) in the past couple of days, while even a well-known BTC skeptic said that it’s "maybe a partial store of value." "It’s been a great month for bitcoin, but it’s also been a great year-to-date, three years, five…
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Bitcoin, Altcoins Fluctuate while Stocks Rally on COVID-19 Vaccine News

Bitcoin (BTC) and other major coins extended their decline today, while stocks rally on the major vaccine news. It has been revealed that the COVID-19 vaccine that is being developed by American pharmaceutical corporation Pfizer Inc. and German biotechnology company BioNTech SE prevented more than 90% of symptomatic infections in a study of tens of…
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Cryptoverse Might Face ‘More Aggressive’ SEC Under Biden

American President-elect Joe Biden could be set to unleash the regulatory hounds once he takes power in January – with an expert warning, “There will be a new [regulatory] sheriff in town, and they won’t be friendly to business.” "When potential candidates start emerging, we are eager to hear whether they would plan to continue…
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Crypto Market Sentiment Sinks Further; Tether is the Winner of the Week

The combined moving 7-day average crypto market sentiment score (sentscore) for the top 10 coins by market capitalization has continued its drop over the course of the past seven days, as shown by the crypto market sentiment analysis service Omenics. While it fell to 5.55/10 last week, we find it further down today, at 5.28.…
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3 Ways Troubled Cred Aims To Repay Millions to Thousands of its Customers

The troubled American crypto lending service Cred has suggested three ways the company could refund thousands of its customers after it filed for bankruptcy in Delaware this weekend. In a Telegram post on its official channel, the firm wrote, that they "have come to the conclusion that it is in the best interest of our…
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Bitcoin And Altcoins Regain Strength, Hurdles Remain

After a major downside correction, bitcoin price found support near the USD 14,450 zone. BTC started a fresh increase and climbed above the USD 15,000 resistance. The price even cleared the USD 15,350 resistance, but it is currently (05:30 UTC) struggling to clear the USD 15,550 and USD 15,600 resistance levels. Similarly, there was a…
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Bitcoin Dives Below USD 15K as Joe Biden Announced US President-Elect

Joe Biden. Source: a screenshot, Instagram/joebiden On Saturday, after a few nail-biting days of vote-counting, Democratic candidate Joe Biden announced as the winner of the US presidential election, beating Donald Trump. Bitcoin (BTC) price dropped following the expected news. Biden, who now should become the 46th president of the United States, has secured 284 electoral…
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Bitcoin Fees Slipped, Miners Return While Price Rallies

Source: Adobe/Татьяна Палладина While Bitcoin (BTC) price has rallied these past two days, surpassing USD 15,000, Bitcoin miners turned more of their machines on and the fees and transaction time somewhat dropped. The price of a single BTC coin is USD 15,500, as of 10:26 UTC Friday morning. It has gone up more than 7%…
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