Tag: Bitcoin News

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Bitcoin and Altcoins Topside Bias Vulnerable

In the past three sessions, bitcoin price mostly traded in a range below the USD 7,350 and USD 7,400 resistance levels. BTC/USD could start another bearish wave below USD 7,200 if it continues to face resistance near USD 7,400. Similarly, most major altcoins traded in a range with a minor bearish angle, including ethereum, XRP,…
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Bitcoin and Altcoins Restart Downtrend, Bulls Under Pressure

This past week, bitcoin price recovered above the USD 7,350 and USD 7,550 resistance levels. BTC/USD tested the USD 7,850 resistance area, where the bulls struggled. As a result, the price started a fresh decline and traded below the USD 7,350 pivot area (09: 00 UTC). Similarly, many major altcoins are down in the past…
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Is Russia Set to Ban Bitcoin Pay?

Russia’s increasingly confusing cryptocurrency policy continues to develop – and the latest curveball is a proposed ban on payments made using Bitcoin and other cryptocurrencies. Per a report from media outlet Izvestia, the country’s Central Bank and the regulatory Federal Financial Monitoring Service (known locally as Rosfinmonitoring) are preparing to issue a ban  Read more…
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Bitcoin and Altcoins Could End November In Bullish Zone

In the past three sessions, there were mostly range moves in bitcoin price above the USD 7,350 and USD 7,400 support levels. BTC/USD seems to be forming a support base and it could continue to rise above the USD 7,550 and USD 7,650 resistance levels. Similarly, there are positive signs emerging for major altcoins, including…
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Happy Thanksgiving, Mr. Robot! Here’s Some Bitcoin For You

If it’s crypto-related, the crypto fans will notice it. Bitcoiners saw a Bitcoin (BTC) address in popular TV series Mr. Robot and, in the spirit of Thanksgiving, have actually sent some of the world’s number one cryptocurrency to it. For those of you who haven’t seen it yet, Mr. Robbot is a USA Network’s show…
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Bakkt Smashes Another Bitcoin Futures Record, But There is a ‘But’

Source: iStock/Sergey_P Bakkt, the recently launched U.S.-based physically-settled Bitcoin futures trading platform, has set another record, but it came with one ‘but.’ Even though Bitcoin (BTC) dropped in November, the platform announced that two months after the launch of Bakkt Bitcoin Futures, they’ve reached a record high of 4,443 contracts traded on Wednesday, which means…
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Bitcoin and Altcoins Target Further Upsides, Dips Supported

Recently, there was a strong recovery wave in bitcoin price above the USD 7,000 resistance area. BTC/USD climbed above the USD 7,200 resistance and recently surged above USD 7,400. The price even spiked above USD 7,600 and it is currently (09:00 UTC) correcting gains. Likewise, there was a strong upward move in major altcoins, including…
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It’s Best Time Ever to be a Black Friday Bitcoin Shopper

Turns out, there are all sorts of things one can pay for with their crypto, with options increasing each holiday season. Admittedly, we’re still far from being able to buy absolutely all we need/want, but we’re definitely closer than ever. Thursday, November 28 is Thanksgiving in the United States, and this holiday is followed by…
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Bitcoin Jumps 10% Again, Outperforms Major Altcoins

Source: iStock/hocus-focus The most popular cryptocurrency, bitcoin (BTC), for the second time this week rallied c. 10% in around 7 hours, leaving all major altcoins behind. At pixel time (18:33 UTC), bitcoin trades at c. USD 7,572 after touching almost USD 6,900 earlier today. The price is up by 6% in the past 24 hours,…
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Bitcoin and Altcoins Move Below Major Breakout Levels

Yesterday, there was a recovery wave in bitcoin price above the USD 7,000 resistance area. BTC/USD climbed above USD 7,200, but it struggled to break an important resistance near USD 7,350. At pixel time (09:43 UTC) it already trades below USD 7,000. Similarly, there was an upside correction in major altcoins, including ethereum, XRP, bitcoin…
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