Bitcoin (BTC)

Earlier today, Bitcoin price managed to rise by over $2,000 as it bounced from $32,800 to reach a daily high of around $34,900, according to BItstamp. However, as of writing these lines, BTC failed to hold and retraced down below the crucial support turned resistance level of $34,000.As of writing these lines, Bitcoin had failed to close the 4-hour candle above the resistance at a short term bearish .5 Fib Retracement of $34,450. As of now, it struggles to maintain the critical area of...

While some altcoins have gained in Ethereum’s slipstream, others are plotting their own course while seeking to topple the front-runner itself.Is alt season upon us? Many crypto commentators are predicting just that, after Ethereum (ETH) hit a record high of over $1,440 on January 19. Altcoins have traditionally taken a backseat when Bitcoin is in the ascendancy and appreciated only when BTC consolidates. At the time of publication, several top 40 cryptocurrencies have popped, while Bitcoin’s...

2021 has so far been an exciting year in the cryptocurrency market. We saw its capitalization surpassing $1 trillion for the first time in history.And while a lot of it had to do with Bitcoin’s surging price, over the last few days, it’s becoming evident that altcoins are claiming their share, causing many to believe that we’re in a state of the market known as “altcoin season.”Altcoin Season 2021: It’s Just BeginningAn “altcoin season” is a term used to describe a market condition where...

Several weeks after signing legislation that required Russian officials to disclose their crypto holdings, the world’s largest country by landmass has gone a step further by prohibiting them from owning any digital assets. The Ministry of Labor and Social Protection of the Russian Federation has sent a letter to civil servants regarding their cryptocurrency holdings, according to Forklog coverage. It reads that such officials have until April 1st, 2021, to get rid of their digital asset...

Bitcoin will have a hard time reclaiming $40,000 as the inflows towards the Grayscale Bitcoin Trust (GBTC) have reduced in the past few weeks, argued strategists from the giant US multinational investment bank – JPMorgan Chase & Co.Inflows Towards GBTC Not Enough To Push BTC HigherJPMorgan analysts, led by Nikolaos Panigirtzoglou, have highlighted the role of Grayscale in terms of BTC adoption and price development.Simultaneously, they have reasoned that if the inflows from institutional...

Bitcoin has matured as an asset in the past few years and is now a safe investment such as gold and bonds, said SkyBridge Capital’s Anthony Scaramucci and Brett Messing.In a recent joint post, the duo also highlighted BTC’s intangibility as significant merit, which outlines bitcoin’s uniqueness.BTC Is As Safe As Gold And BondsAnthony Scaramucci, the co-founder of the large Wall Street investment company SkyBridge Capital, and the firm’s president and COO, Brett Messing, published an...

Stellar lumen price remained stable above $0.2200 and recovered above $0.2600 against the US Dollar.XLM price is facing hurdles near $0.2850 and the 55 simple moving average (4-hours).There is a key contracting triangle forming with resistance near $0.2840 on the 4-hours chart (data feed via Kraken).The pair could start a major bullish wave once it clears the $0.2840 and $0.3000 resistance levels.Stellar lumen price is showing positive signs above $0.2500 against the US Dollar, similar to...

The bitcoin price is trading for well over $30,000 at the time of writing, though to be fair, it has experienced one of the biggest dips in recent months, having fallen from a recent $40,000 high. With this latest dip of around $7,000, the currency is being called into question by many industry analysts, including Scott Minerd, the chief investment officer at Guggenheim Partners.Scott Minerd Is Bearish On BTCIn a recent interview with CNBC, Minerd commented that he wouldn’t be surprised if...

Bitcoin and the crypto market have been acting rather bearish as of late. The world’s number one cryptocurrency by market cap has recently shed around $7,000 off its price, and as a result, the entire arena has lost about $100 million in value.Bitcoin Keeps Falling, and People Are ConcernedThus, everyone is beginning to get rather negative about where bitcoin and digital assets will go in the coming days. They are not sure if bitcoin will rise any further, and some believe there’s reason to...

Dans ce quatrième et dernier épisode de la série quelle place pour bitcoin dans la prochaine crise économique ?, Valentin Demé de Cryptoast interroge Raphaël Bloch, journaliste économique, spécialisé dans les cryptos au journal l’Express : « Au cours de ce dernier épisode, nous synthétisons avec Raphaël les grandes infos de cette série. Nous parlerons également de son métier de journaliste...