After the recent run-up, most top crypto performers of the past week are showing signs of entering a minor correction or consolidation. Most major cryptocurrencies have started the new year on a positive note. However, in the past 24 hours, the crypto markets are witnessing a sea of red. This shows that the rally has…
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The altcoin Wright claims is the “real” Bitcoin has lost investors who bought on Jan. 15 almost half their money. Controversial altcoin Bitcoin SV (BSV) has crashed 17% overnight after its main proponent failed to prove he has access to $9 billion in Bitcoin (BTC). Data from Coin360 and Cointelegraph Markets confirmed a difficult 24…
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Most major cryptocurrencies have resumed their up move, which shows that the rally can extend for a few more days. The total crypto market capitalization has risen from about $190.5 billion at the start of the year to over $243 billion. That is a rise of about 27.55% within 17 days. This shows that the…
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The recent Bitcoin and altcoin rally is leading traders to wonder whether consolidation or a minor correction is in store but the current market conditions suggest buying on the dips. The crypto space is making a comeback and the rally is being led by altcoins. While several altcoins might participate in the initial rally, we…
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Dramatic bullish action in the first two weeks of 2020 buoys traders, who identified Bitcoin’s 200-day moving average as the next major resistance zone. Bitcoin (BTC) calmed its bullish growth after a week of gains on Jan. 15, settling just below its highest levels in two months. Cryptocurrency market daily overview. Source: Coin360 BTC steadies…
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Craig Wright continues to defy everyone’s expectations. Craig Wright, the polarizing figure who may or may not be Satoshi Nakamoto, is today telling the court that he has received the keys to access an $8.9 billion crypto fortune called the Tulip Trust. Some background on what that means: Wright was a business partner to one…
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As Bitcoin rallied to a multi-month high at $8,859, altcoins vigorously shook off their current malaise by posting double-digit gains, most notably, Bitcoin SV. On Tuesday Bitcoin price (BTC) pushed through $8,600 and rallied all the way to $8,859 before taking what appears to be a breather near $8,750. As reported earlier by Cointelegraph, crypto…
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The momentum from a week of gains continues, taking BTC/USD to its highest since November as altcoins gain as much as 45%. Bitcoin (BTC) surprised traders and analysts alike on Jan. 14 after BTC/USD broke out of its already bullish channel to strike at resistance levels near $8,600. Cryptocurrency market daily overview. Source: Coin360 BTC…
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Though several cryptocurrencies are stuck in a range, the trend is gradually turning positive. Bitcoin has seen an uptick in volumes in the new year. A report by cryptocurrency market research firm Arcane Research shows that 7-day average daily trading volume has surged 126% in a week. Along with Bitcoin trading volume, the CME Bitcoin…
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The up move in the top crypto performers of the past seven days shows that bulls are back in the game. The CME Group will launch its Bitcoin options contract on Jan. 13. The analysts at JPMorgan Chase & Co. have spotted a 69% increase in open interest from year-end in CME’s existing Bitcoin futures…
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