Traders are mixed after the price of Bitcoin sees a sudden pullback from $10,950 to $10,630 overnight. The price of Bitcoin (BTC) abruptly dropped on Sep. 29 from $10,950 to $10,630 overnight, recording a 3% drop. Following the rejection at $11,000, the sentiment of traders remains mixed. Some are cautiously optimistic under the premise that…
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Bitcoin tests $11,000 on Donald Trump’s tax revelations but KuCoin’s $150 million may yet put a dampener on bulls. Bitcoin (BTC) starts the week pushing for $11,000 as ranging behavior continues, but futures gap danger remains. Cointelegraph takes a look at five factors that could shape Bitcoin price action in the coming week. Trump tax…
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Bitcoin’s controversial hard fork now buys less BTC than ever before as one analyst warns that buyer support has disintegrated. Altcoin Bitcoin Cash (BCH) is plumbing new lows against Bitcoin (BTC) after crashing through fresh support. Data from price tickers including Cointelegraph Markets and CoinMarketCap confirm that BCH/BTC is now at its worst levels in…
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Coronavirus stimulus failures show just how irrelevant the dollar supply has become and this “a wakeup call” for those not looking at Bitcoin, Cameron Winklevoss argues. The United States’ failure to agree on Coronavirus stimulus shows that the dollar is “funny money” and endorses Bitcoin (BTC), says Cameron Winklevoss. In a tweet on Aug. 6,…
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On-chain data shows miners have sold more than they mined in the past week, but this might not necessarily impact BTC price for three reasons. The latest on-chain data from July 30 suggests miners are preparing to sell Bitcoin (BTC). According to data analytics resource Glassnode, miners’ outflows to exchanges increased significantly in the last…
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The Ethereum network is turning five years old, but ETH price performance versus Bitcoin leaves something to be desired. Ethereum is five years old and Ether (ETH) has surprised investors with a trip above $300 — but compared to Bitcoin (BTC), the biggest altcoin is underperforming. As data from on-chain monitoring resource Skew confirms, ETH/USD…
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Gold builds on all-time highs as markets wait for news from the U.S. Federal Reserve and Bitcoin price volatility returns — where will it go? Bitcoin (BTC) begins a new week above $10,000 and teasing investors with more gains — will it last or is a correction already guaranteed? Cointelegraph takes a look at the…
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The price of Bitcoin abruptly surged to $10,200, as it liquidated $75 million worth of short contracts. The price of Bitcoin (BTC) rose to as high as $10,272 on July 26 in an unexpected weekend rally. It liquidated $74 million worth of long contracts on BitMEX alone, catching many traders off guard. The hourly price…
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Chainlink, one of the best-performing altcoins in 2020, is seeing consistent improvement in cryptocurrency community sentiment and social media presence. Chainlink (LINK), one of the best-performing alternative cryptocurrencies (altcoins) in 2020, saw another statistic reach a record high, namely the number of Twitter followers. According to market data and research firm CryptoCompare, social media followers…
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The price of Bitcoin surged by 4.6% overnight but some traders are turning cautiously bearish on BTC/USD for two main reasons. The price of Bitcoin (BTC) surged from $9,160 to $9,584 within the last 48 hours. But despite the 4.6% gain, some traders are turning short-term bearish on the top cryptocurrency. According to several technical…
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