Tag: Markets

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Bitcoin Price Hits Tipping Point Above $7.6K — Pivotal Weekend Ahead

Bitcoin bulls and bears are set to have a key battle going into the weekend at a critical price level that could set the tone for the rest of the year. Bitcoin (BTC) is trading up around 2% at $7,600 on the back of the European session this morning, which is where it has been…
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Bitcoin Price Retains $7.5K After Bullish Breakout Upends Bear Market

Having traded as low as $6,500 in recent days, Bitcoin delivered a conspicuous blow to bears, retaining higher levels after climbing $700 in hours. Bitcoin (BTC) stayed around $7,500 on Nov. 27 after a surprise bullish reversal took markets $700 higher the previous day. Cryptocurrency market daily overview. Source: Coin360 Bitcoin clings to surprise gains…
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Antonopoulos: Cash-Settled Bitcoin Futures Traders Face ‘Black Hole’

Bitcoin educator Andreas Antonopoulos says that while futures markets may indeed place a damper on the coin’s price, the stakes are different to what you might think. Bitcoin (BTC) educator Andreas Antonopoulos says that while futures markets may indeed place a damper on the cryptocurrency’s price, the stakes are different to what you might think.…
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Bitcoin Price Blasts Through Key $7.4K Resistance – Next Target $8.1K

Bitcoin has cleared a key resistance level at around $7,400 opening the door for the next test closer to $8K. Since dropping below the descending channel on Nov. 25, Bitcoin (BTC) has reclaimed $7,000, cleared some hefty resistance at $7,400 and now made its way up to above $7,500 by press time. Crypto market daily…
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PlusToken Scam Selling Could Dump BTC Price For the Next Two Months

Analysis shows bearish Bitcoin pressure may continue for the next two months if alleged ponzi PlusToken sells off what’s left of its 200k BTC war chest. This year has yielded significant price action for Bitcoin (BTC), both to the upside and to the downside. Bitcoin’s price recently fell to around $6,500 as selling pressure continues…
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Bitcoin Dives Below $7K as Upbit Confirms $50M ‘Abnormal Withdrawal’

News that South Korean exchange Upbit had lost control of 342,000 ETH appeared to send shockwaves through Bitcoin markets, which lost $7,000 support. Bitcoin (BTC) fell below $7,000 once again on Nov. 27 as fresh selling pressure suddenly impacted already fragile markets. Cryptocurrency market daily overview. Source: Coin360 Likely exchange hack rocks BTC price Data…
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MATIC Up 100% in 10 Days — Why Are Binance IEOs Starting to Pump?

Binance IEO tokens such as MATIC and ONE have been flashing bullish signals amid some impressive price gains in recent days. As everybody focuses on the recent price action of Bitcoin (BTC), some other cryptocurrencies are deciding to break out of their long term downtrend. Notably, Initial Exchange Offerings (IEOs) and Binance IEOs, in particular. …
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Bitcoin Price: Strong Bounce at $6.5K Enough for a Bullish U-Turn?

Strong Bitcoin support at $6,500 resulted in a 13% gain today, pushing BTC back over $7K as key metrics point to a possible bullish reversal. Bitcoin (BTC) closed the week down at $6,900 having lost around $1,400 or 18.72%. Monday got off to a disastrous start for the bulls, with a selloff in the Asian…
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French Central Bank Official Wants to Improve Financial System With Blockchain

The first deputy governor of the French central bank has called for distributed ledger technology-based settlements and payment systems in Europe. The first deputy governor of the French central bank has called for distributed ledger technology (DLT)-based settlements and payment systems in Europe. Speaking at the AFME Annual Capital Markets Technology and Innovation Conference on…
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Bitcoin Price Drops to $6.5K as Traders Eye CME ‘Gap’ Bounce

Markets defend the critical Bitcoin price level after BTC/USD extends a week of rapid losses, which at one point totaled almost 25%. Bitcoin (BTC) dropped to within $15 of $6,500 on Nov. 25 after another day of significant losses obliterated previous support levels. Cryptocurrency market daily overview. Source: Coin360 Bitcoin comes within an inch of…
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