Bitcoin (BTC)

The start of the new week came as a sad one for traders as the bears take over the cryptocurrency market, correcting Bitcoin price to below the $9600 region. At the time of writing, the coin is trading at $9,627.The current volatility in the market could be tied to the ongoing selling pressure and transfer of 600 BTC ($5,753,286) to BitMEX, which took place at block 617782. If the bearish movement continues, Bitcoin could dip further to $9170 and even $9000. At the time of this writing,...

Crypto enthusiasts are still divided on whether the halving is already priced in. Google Trends data reveal that the search term “bitcoin halving” is gaining traction. Analysts believe that bitcoin will soar after the halving generates media hype. The highly-anticipated bitcoin halving is months away and many traders are still undecided whether the event is priced in or not. To provide some context, the top cryptocurrency is up by over 50% from the 2019 bottom. In the...

Bitcoin margin trading is undoubtedly catching up to speed. In 2019, there was an outburst of different venues that started to offer high leverage on Bitcoin and other cryptocurrencies.This is mostly made available through futures contracts. KuCoin, a well-known crypto exchange, didn’t stand on the sidelines for long.KuMEX is the Bitcoin futures trading platform of KuCoin, and it offers a few different types of contracts. Besides, users can also take advantage of leverage rates of up to...

Tron rolled back beneath the key support of $0.023 after losing 14% in a day.It’s now breaking down from a rising channel to signal a major price correction.TRX nosedived after marking 4-month high against Bitcoin.TRON seems to be on a downhill journey throughout the past 24 hours. Interestingly enough, this takes place a day after they announced that the popular blockchain-based social media Steemit would be joining the TRON network. Unfortunately, the cryptocurrency retraced substantially...

According to the statistical data from the CME Bitcoin futures market, BTC may continue rising despite the current pullback.The CME Bitcoin futures market opened with the latest refresh data showing the best for BTC since the company introduced it in 2017. The data from CME Group provides investors and traders with transparency, price discovery and also risk management capabilities in order to make informed decisions in their trading. Therefore, it is worth noting that the latest update...

Having started at around $7,000 in January, the Bitcoin price has swung wildly above and below $10,000. With Bitcoin halving around the corner, many in the crypto space expect Bitcoin to keep climbing up the ladder.When we say Bitcoin halving we usually think of reduction of the miner reward in the Bitcoin  network. Well, the thing is – it is soon happening. The third ‘reward era’ will be opened in May this year and we cannot wait for it to happen. Why? Well, usually every time the halving...

The bears seem to be taking control of the crypto markets as Bitcoin and altcoins, including Ethereum and XRP, are losing heavily to wipe out all the last week’s gains. But technical indicators suggest good days ahead of this market correction.Bitcoin which was on an upswing last week took the beating on the weekend. The Bitcoin price nose-dived below $10,000 levels on Sunday, February 16, losing more than $300 in an hour.Having broken this crucial support, the world’s largest cryptocurrency...

Etheruem saw a pretty hefty price drop over the past 24 hours as it fell by 7% to reach the current $250 support.Even with the latest price drop, ETH remains up by a total of 45.5% over the past 30-days of trading.Against Bitcoin, ETH climbed as high as 0.0278 BTC before it rolled over and fell.Key Support & Resistance LevelsETH/USD:Support: $250, $237, $225.Resistance: $268, $286, $290.ETH/BTC:Support: 0.025 BTC, 0.0242 BTC, 0.0239 BTC.Resistance: 0.0278 BTC , 0.0288 BTC, 0.03...

Following our recent price analysis, we saw Bitcoin starting to go lower for a deeper correction. At least lower than the usual 38.2% Fib level correction we had seen three times before since the magnificent 2020 begun.After Bitcoin was testing the long-term ascending trend-line at $10,500 – a trend-line which had started forming in July 2019 – we saw Bitcoin getting rejected severely, breaking down the 38.2% Fib level at $10,200.On our recent price analysis, we expected Bitcoin to go even...

Bitpanda ist AML5 konform Eric Demuth, Mitgründer von Bitpanda, zeigte sich über die Unternehmenszahlen aus dem Geschäftsjahr 2018 zufrieden, auch wenn der Gewinn im Vergleich zum Vorjahreszeitraum um rund ein Drittel gesunken ist. Ergänzend dazu erläuterte Demuth, dass Bitpanda allerdings noch kein „Unicorn“ ist. Dennoch hätte das Unternehmen während der vergangenen drei...