IOHK is planning a “smooth upgrade path to Goguen.” IOHK, the development arm behind Cardano, recently announced a new hard fork of the protocol scheduled for mid-December. Kevin Hammond, a software engineer at IOHK, revealed this week that Cardano will undergo a hard fork later this month as part of its transition to the Goguen…
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Bitcoin reclaimed the $19,000 level, but charts suggest BTC and altcoins may consolidate for a few days before starting the next trending move. Bitcoin price hit a new all-time high above $19,892 on Dec. 1. This is a significant event because it proves that the rally in 2017 was ahead of fundamentals but not a…
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Bitcoin broke out to secure a new 2020 high at $19,863 and altcoins look ready to follow BTC higher. Bitcoin (BTC) price came within striking distance of hitting a new all-time high today. This shows that institutional and retail investors continue to buy on every dip and BTC is in a strong uptrend. Hence, traders…
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Bitcoin and a few altcoins have seen aggressive buying at lower levels, which could result in a retest of their recent highs. As Bitcoin price rallied to a new 2020 high, the open interest on CME Bitcoin (BTC) futures rose to $1.16 billion, making it the world’s largest Bitcoin futures market, according to Arcane Research.…
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Bitcoin’s recent correction is healthy, but several altcoins have lost momentum and could remain range-bound for a few days. Bitcoin’s (BTC) rise above $20,000 will have to wait, as the price saw a strong correction and turned away from reaching a new all-time high. Data suggests that whales decided to book profits when Bitcoin was…
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Bitcoin and most major altcoins could consolidate for a few days before starting the next big move. The crypto market has been in a strong bull run over the past few days, and that has pushed Bitcoin (BTC) to its second-best day ever. Almost every trader now seems to be fixated on the magical figure of $20,000…
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XRP, Stellar and Cardano are some of the cryptocurrencies spearheading the rally as traders herald “altseason.” Bitcoin (BTC) has topped $19,000 in a fresh bullish surge, but traders are all about altcoins on Nov. 24. In what many are heralding as the beginning of “altseason,” large-cap cryptocurrencies are seeing their biggest gains in three years.…
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Bitcoin price is back on the path to a new all-time high, and it seems altcoins intend to follow suit. Bitcoin’s (BTC) current rally has largely been led by investments from institutional investors and publicly listed companies. Data from Bitcointreasuries shows that companies hold about 4.54% of the current Bitcoin supply. A survey of 700…
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Bitcoin has resumed its journey toward a new all-time high, and the renewed bullish momentum is pulling altcoin prices higher. As Bitcoin (BTC) continues to rally to a new 2020 high above $16,700, traders are pondering whether this is the start of a new bull market. Mike McGlone, senior commodities strategist at Bloomberg Intelligence, believes…
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A few altcoins are trying to start a new up-move even though Bitcoin is struggling to pull above $16,300. Data shows that Bitcoin’s (BTC) current rally is supported by greater participation from retail and institutional investors. The CME Bitcoin futures open interest has moved closer to the previous all-time high, a sign that institutional investors…
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