Tag: Bitcoin News

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Bitcoin and Altcoins Bullish Bias Intact Despite Recent Dip

Recently, bitcoin price trimmed most gains and declined below the USD 7,350 support. Moreover, BTC/USD declined below the USD 7,250 support and traded close to the USD 7,150 support. The price is currently (09:00 UTC) trading in a range and seems to be preparing for a fresh increase towards USD 7,350 and USD 7,550. On…
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Bitcoin and Altcoins Showing Positive Signs

In the past few sessions, there were decent bullish moves in bitcoin price above the USD 7,250 and USD 7,350 resistance levels. BTC/USD even rallied above the USD 7,400 level, but it struggled to surpass the main USD 7,550 hurdle. The price trimmed gains and it is currently (09:00 UTC) consolidating near USD 7,350. Out…
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How Good Is Mike Novogratz In Guessing Bitcoin’s Price?

Mike Novogratz. Former Goldman Sachs partner turned crypto investor Mike Novogratz believes that Bitcoin (BTC) will finish 2020 above the USD 12,000 mark. However, his previous predictions show how unpredictable the crypto market is. Though he didn’t explain the reasoning behind this particular BTC prediction, this isn’t the first time Novogratz expressed  Read more »Pay/Trade/Buy…
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Bitcoin and Altcoins Confined In Crucial Range, Bulls Struggling

Recently, bitcoin price spiked above the USD 7,250 and USD 7,350 resistance levels. However, BTC/USD was rejected near the USD 7,400 level, resulting in a fresh decline. The price trimmed gains and it is now (09:00 UTC) consolidating near the USD 7,200 level. Likewise, most major altcoins are back to key support levels, including ethereum,…
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Relax, There is Not Enough Data to Predict the Impact of Bitcoin Halving

Source: iStock/Viktor_Gladkov There isn’t enough data for us to know for sure or predict with any certainty how Bitcoin (BTC) will behave before or after the mining reward halving, so there’s no room for stress, panic or wild predictions. The next BTC halving is the talk of the town, and it is safe to expect…
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Bitcoin and Altcoins Consolidate Above Key Supports

Yesterday, we saw a fresh decline in bitcoin price below the USD 7,400 and USD 7,350 support levels. BTC/USD even traded below the USD 7,250 level and it is currently (09:00 UTC) consolidating losses above USD 7,100. To start a fresh increase, the price must climb above USD 7,350 and USD 7,400 in the near…
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This Digital Asset Manager Has a Framework for Crypto Investing in 2020

2020 could be “one of the brightest years” that the digital asset industry has seen so far, finds Vision Hill,a New York-based full service digital asset management firm. They also provided a framework for how investors can think about approaching the digital asset market next year. Their report explains that this opinion is not price-related,…
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Bitcoin and Altcoins Reversing Gains With Bearish Angle

Yesterday, we saw a strong upward move in bitcoin price above the USD 7,350 and USD 7,550 resistance levels. However, BTC/USD struggled to gain momentum above USD 7,650 and it is currently (09:00 UTC) correcting lower. The price is trading below the key USD 7,350 pivot level and it is facing an increase in selling…
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E-commerce Giant Rakuten to Let its Customers Swap Points for Crypto

Rakuten CEO Hiroshi Mikitani. Japanese e-commerce giant Rakuten has announced that it will allow customers to exchange their loyalty points for three leading cryptocurrencies. Per an official statement, details of which were shared by Japanese media outlet Crypto Watch, the business group will let users redeem Rakuten Super Points for Bitcoin, Ethereum and Bitcoin Cash,…
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Meltem Demirors Explains Why the Next Bitcoin Halving ‘Will Be Different’

Meltem Demirors. Source: a video screenshot, Youtube, Bloomberg Technology Almost everyone in the crypto community is going into 2020 talking about Bitcoin halving, with many predicting price rises and more market movement. But one expert says that the next halving – expected to take place in or around May next year – will be completely…
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