Bitcoin (BTC)

Tezos resumed bearish sentiment after meeting rejection at a crucial resistance area.Despite losing 3.5% today, the price of Tezos continued to find support at 2500 SAT level against  BitcoinThere’s hope for the bulls if Tezos can clear the $1.8 resistance level.XTZ/USD: Tezos Remains Bearish Under $1.8 ResistanceKey Resistance Levels: $1.80, $2Key Support Levels: $1.25, $0.845XTZ/USD. Source: TradingViewFrom what’s happening so far, it appeared the coronavirus is still causing serious panic...

The Bank of China went to the WeChat platform to highlight its concerns about Bitcoin. In a long post titled “3.15 protection of financial consumption rights and interest”, the bank warns the public on the risks of investing in Bitcoin.In a series of posts on WeChat, the Bank of China vehemently disqualified claims that Bitcoin can be classified as a safe haven, due to its high volatility especially in this period of coronavirus outbreak. The post which was titled, ‘3.15 protection of...

All eyes are on Bitcoin halving scheduled in mid-May 2020 to retrieve the lost glory of Bitcoin. Amid the COVID-19 outbreak, Bitcoin price has corrected over 40% in just the last month.The COVID-19 pandemic has severely hit not only the traditional markets but also the cryptocurrency markets. The overall cryptocurrency market has corrected nearly 40% in just the last month. The world’s largest cryptocurrency Bitcoin has also corrected 40% during the same period. This market crash has wiped...

Bitcoin price experienced a slight fall under $6,000, despite the fact that people started to look more into what is going on in the sphere. The peak of searches comes on the 13 March, when BTC had one of the scariest falls in the last months.Baidu is the largest search engine in China. They are aiming at competing with Google in the Asia Pacific region. Per the stats from a Chinese report showcased by Cointelegraph, Chinese people are looking into what is Bitcoin. The search request on Baidu...

The coronavirus outbreak led to new developments and restrictions in the past 24 hours. The 2020 Tokyo Olympic Games could be postponed, while India inserts a lockdown on 75 districts in its borders. The financial markets reacted adversely today, as U.S. futures and Asian stocks nosedived by up to 10% in some cases.Bitcoin is down by 9% to $5,800 in the same timeframe, hinting again a positive correlation with the stock market.Stocks and Futures Plunge (Again)The number of deaths linked to...

Ethereum decreased by 8.5% today as the cryptocurrency struggles to hold the support at the $120 level.This price drop is largely a result of Bitcoin falling below $6,000 as it returns to $5,800.Ethereum has been declining against Bitcoin all month as the buyers battle to keep the coin above the 0.021 BTC level.Key Support & Resistance LevelsETH/USD:Support: $120, $110, $105.Resistance: $135, $150, $165.ETH/BTC:Support: 0.021 BTC, 0.0204 BTC, 0.02 BTC.Resistance: 0.0215 BTC, 0.022 BTC,...

Stellar lumen price recovered above $0.0400, but it failed near $0.0450 against the US Dollar.XLM price is currently declining and it is struggling to stay above the $0.0360 support.There is a key bearish trend line forming with resistance near $0.0400 on the 4-hours chart (data feed via Kraken).The pair is likely to extend its decline as long as it is trading below the $0.0450 pivot.Stellar lumen price is trading in a bearish zone against the US Dollar and bitcoin. XLM price is likely to...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 840. Heute sprechen wir über folgende Themen: The Last Man Standing – BTC und der 24/7 Handel – Sind die Miner verantwortlich für den massiven Bitcoin Einbruch 51 Tage vor dem Halving? [embedded content] 1.) Bitcoin: The Last Man Standing? – BTC und der 24/7 Handelhttps://cryptomonday.de/bitcoin-the-last-man-standing-btc-und-der-24-7-handel/ 2.) Did BTC Miners Crash Bitcoin Price With 51 Days Before the...

The bitcoin and crypto markets are making stocks appear weak these last few days.Bitcoin and Stocks Aren’t That CorrelatedTo be fair, bitcoin has suffered a bit over the last 48 hours. Despite spiking as high as $6,800 about two days ago, the currency has since taken a bit of a tumble and fallen back to roughly $6,200 at the time of writing. However, it’s still doing miles better than the Dow and the S&P, both of which have fallen heavily since yesterday morning.The Dow, for example, has...

Bitcoin price is down 12.5%, S&P 500, Nasdaq indexes as well as companies like Berkhire Hathway has also lost significantly since the beginning of the year. Oil war adds fire to the financial crash party.Since the year beginning, the halving hype was striking the news. Many of the industry experts issued predictions of a sharp price increase. However, even despite the halving that will make Bitcoin more scarce, coronavirus is drowning the markets. Bitcoin has gained a lot, yet lost -12.5%...