This past week, bitcoin price started a strong upward move from the USD 7,550 support area. BTC/USD gained more than 25% and broke many resistances near USD 8,500 and USD 9,000. It even rallied above USD 10,000 before starting a downside correction. Currently (08:00 UTC), the price is trading above USD 9,000 with a lot…
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The Cryptoverse is stunned. While many analysts, traders were discussing where will bitcoin price go next – below USD 7,000 or USD 6,000 – the most popular cryptocurrency made one of its largest moves up. In less than one day, the price skyrocketed from c. USD 7,500 to more than USD 10,100. At pixel time…
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Yesterday, bitcoin price declined heavily below the USD 7,850 and USD 7,650 support levels. BTC/USD even settled below USD 7,550 and tested the USD 7,300 area. The price is currently (08:00 UTC) correcting higher, but it is likely to face a strong resistance near the USD 7,500 and USD 7,620 levels. Similarly, many major altcoins,…
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CEO of Canada-based blockchain technology firm Blockstream, Adam Back, said that the company is looking into ways how to help crypto users to safeguard their bitcoin (BTC) holdings even more. During an interview at the Lighting Conference in Berlin this past weekend, Back discussed the value of privacy and security but said that “managing backups…
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Crypto trading platform Bakkt announced the launch of the first regulated options contract for Bitcoin futures. Bakkt, the U.S.-based physically-settled Bitcoin futures trading platform, was finally launched a month ago, after a long time and many high expectations. Now, according to their announcement from October 24th, the Bakkt Bitcoin Options contract was developed out Read…
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Facebook’s CEO Mark Zuckerberg testified in the U.S. Congress yesterday, and the Wall Street seems to have liked what he had to say. On the other hand, the cryptocurrency market crashed right before the hearing, and bitcoin (BTC) price is on its way to a death cross. While the regulators’ response to Libra was largely…
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Earlier this week, bitcoin price started an upside correction and climbed above the USD 8,200 resistance. However, BTC/USD struggled to continue higher above USD 8,250 and USD 8,300. As a result, there was a sharp decline in the past two sessions and the price traded below the USD 8,000 support. Similarly, there were bearish moves…
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Source: istock/Photographer, Filmmaker, Designer In a sudden move on Wednesday afternoon (UTC time), bitcoin price dropped by 5% in one hour, reaching the level last seen in May 2019, while almost all top 100 coins also turned red. At pixel time (13:14 UTC), bitcoin trades at c. USD 7,612 and is down by 8% in…
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Some gold investors are not only looking at the digital gold, Bitcoin (BTC), but also considering investing in it, while its price is expected to hit USD 100,000 by the end of 2021, according to anonymous investor and Twitter user Plan₿, known for his insights into the stock-to-flow ratio, cited even by traditional banks. “I…
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Source: Opera, Instagram Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world. Adoption news The Opera web browser released a new version for Android, which, in addition to already existing support for Ethereum (ETH), is introducing support for…
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