Bitcoin (BTC)

Blockchain and crypto will soon become common across traditional and modern industries. Artificial Intelligence (AI) and Virtual Reality (VR) can become a good way to make the process of their adoption easier.The world of cryptocurrencies remains largely unexploited despite its underlying value proposition. This was evident at the height of Black Lives Matter (BLM) protests in recent weeks when the crypto community made fun of a vandalized Bitcoin ATM machine. Industry stakeholders cracked...

The last seven days were relatively calm when it comes to Bitcoin as it marks a slight decrease of less than 1%. However, on June 15th, the price dropped to about $9,000, but it managed to recover very quickly and has traded in a narrow range since. Overall retail interest in the asset seems to be decreasing as Bitcoin recorded the lowest number of searches in the past three months, data from Google Trends revealed. The asset remains mostly correlated with legacy markets, but the latter...

BitcoinBitcoin saw a period of sideways movement over the past week as it dropped by a small 0.5%. The cryptocurrency has pretty much traded between $9,600 and $9,200 over the past seven days as it remains above the rising trend line support.So long as BTC can continue above this rising trend line, the bullish trend would be intact.Looking ahead, if the buyers push above $9,600, the first two levels of resistance lie at $9,815 and $10,000. Above this, additional resistance is found at $10,226...

Although Bitcoin volatility is still rather high, now it is the perfect time to trade the most rewarding asset of the century. It’s better late than never.Bitcoin is an asset like anything else before it. Other cryptocurrencies cannot touch it in terms of market share and adoption. The first move advantage has served the world’s first cryptocurrency and instance of working blockchain technology well.The asset has the potential to be a complete failure and go to zero, or could be someday worth...

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Mike Novogratz believes that the partnership with the financial education firm CAIS would help kickstart the institutional adoption of Bitcoin.Mike Novogratz, the CEO of Galaxy Digital, believes that the next phase of Bitcoin adoption is institutional. His company recently partnered with the financial education firm CAIS to train fund managers and financial institutions on the prospects of alternative investments such as Bitcoin.In an interview with CD, the Wall Street veteran said that the...

According to a popular metric, Bitcoin has dropped back in a “buy zone.” Historically, it has been an attractive point for investors to accumulate as a price surge has followed on most occasions.Bitcoin’s PM Indicator Drops To 0.5The Puell Multiple is a metric calculated by dividing the daily issuance value of bitcoins in USD by the 365-day moving average of the daily issuance value. Daily issuance is the number of freshly minted coins added to the ecosystem by miners after receiving them as...

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Over the past days, Bitcoin price was mainly trading around the $9400 mark, following the MA-50 pink line of both the attached 4-hour chart and the daily.This dull sideways action had started a week ago, and despite a little glitch below $9200, we can say that the trading range had been $9200 – $9500, which is quite stable for a currency like Bitcoin.What’s Next?As history taught us, Bitcoin does not like staying at one spot for a long while. We do anticipate a wild move to take place,...

Bitcoin cash price started a steady decline from the $260 resistance against the US Dollar.The price broke the $250 and $240 support levels to move into a bearish zone.There is a key bearish trend line forming with resistance near $236 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair remains at a risk of more losses below the $225 support unless it surges above $240.Bitcoin cash price is showing signs of bearish continuation below the $225 support against the US...