Bitcoin (BTC)

BitcoinBitcoin saw a slight retracement from its bullish rally this week after dropping 6.3% over the past 7 days. The cryptocurrency started the week on a bullish footing as it climbed higher from $18,000 and reached as high as $19,500. Unfortunately, it could not close a daily candle above $19,265 (1.272 Fib Extension) during the week.Yesterday, Bitcoin dropped by a steep 10% to the $17,000 region. The decline continued today as BTC fell into the $16,375 support – provided by a .5 Fib...

The price of bitcoin has continued to exceed expectations during these final months of 2020, and as things grow from where they were just eight months ago in March, many analysts are predicting that 2021 is going to be a year fully devoted to the world’s number one cryptocurrency by market cap. Figures such as Todd Gordon – founder of TradingAnalysis.com – believe that the asset could spike as high as $74,000 by next year.Gordon: Bitcoin Will Soon Explode Like We’ve Never SeenTo come up with...

The PlusToken Ponzi scheme is reported to have begun back in May 2018 and advertised a non-existent crypto arbitrage trading platform. Chinese law enforcement has seized cryptocurrencies worth over $4.2 billion from the PlusToken Ponzi scheme. Apparently, a total of 194,775 BTC, 833,083 ETH, 1.4 million LTC, 27.6 million EOS, 74,167 DASH, 487 million XRP, 6 billion DOGE, 79,581 units of BCH, and 213,724 USDT have been seized by Chinese law enforcement from seven convicts during the...

Every year, the number of “wholecoiner” Bitcoin wallets holding at least 1 BTC has been increasing gradually. Now, the remaining addresses with less than 1 BTC account for just 5% of Bitcoin’s market cap.Bitcoin wallets holding 1 BTC or more — dubbed “wholecoiner” wallets — take 95% of the popular cryptocurrency’s entire capitalization, according to new data that recently emerged. Meaning just 5% of the market cap remains, which users with a balance of less than 1BTC, assumed to be tens of...

The rise of the DeFi sector has brought a lot of new projects to the attention of the crypto community, as DeFi aims to offer decentralized banking services, particularly targeting the unbanked and underbanked. The year 2020 has been a great year for cryptocurrencies. Despite the fact that it has been one of the worst years in recent history — one that brought a global pandemic, worldwide protests, and more — it finally allowed crypto to start heading down the real road of recovery.At the...

Users withdrew a record 29,300 BTC from OKEx after the Malta-based cryptocurrency exchange resumed withdrawals yesterday. This comes after bitcoin (BTC) price kickstarted its epic freefall dropping to levels near $16,500 before bouncing back up again. But what is the reason behind the massive bitcoin exodus out of OKEx?OKEx Sees Significant BTC Withdrawals And DepositsAs per the latest update from on-chain and market analysis firm Glassnode, OKEx users have withdrawn a record 29,300 bitcoins...

Black Friday is the day shoppers anticipate the most. Being regarded as the beginning of the Christmas shopping season in the US since 1952, Black Friday has also infiltrated almost every country with significant discounts on clothing, consumer electronics, home utilities, and more.The cryptocurrency space also provides compelling offers. Perhaps the most attractive one arrived yesterday as most digital assets, including Bitcoin, started an early Black Friday sale.Black Friday On The Crypto...

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 1023. Im heutigen Video geht’s um folgende Themen: BTC Korrektur letzte Marktbereinigung vor ATH, John Lennon’s Sohn hofft auf Bitcoin & IOTA und Pantos forschen an Blockchain Technologien. 1.) BTC-Absturz: Trader gibt Entwarnung, sieht “letzte Marktbereinigung vor dem Allzeithoch”https://coincierge.de/2020/btc-absturz-trader-gibt-entwarnung-sieht-letzte-marktbereinigung-vor-dem-allzeithoch/ 2.) Let it ฿:...

Bitcoin has recovered a bit since yesterday’s massive price drop to $16,250. Most alternative coins have also bounced off their most significant dips, and the total market capitalization has recovered over $30 billion in a day.Bitcoin’s Black Friday SaleFollowing weeks of gradual increases that led to BTC coming less than 3% away from its 2017 all-time high, the primary cryptocurrency plummeted yesterday.Bitcoin went from a high of $19,500 down to $16,250 in a matter of hours. In other words,...

Bitcoin cash price started a sharp decline after trading as high as $373 against the US Dollar.The price broke the $300 support and settled below the 55 simple moving average (4-hours).There was a break below a crucial contracting triangle with support at $320 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could restart its upward move if there is a clear break above the $280 and $288 levels.Bitcoin cash price is holding the $250 support zone and recovering...