Bitcoin (BTC)

Bitcoin, at the time of writing, is still performing quite well and is trading for just over $8,700. The currency has experienced a slight drop of less than one percent over the past 24 hours, though it’s still maintaining its present position in the high $8,000 range.Bitcoin Is a Popular AssetNaturally, analysts are rushing to the “prediction space,” looking to see what could be responsible for the currency’s sudden surge and to discuss where they think it will wind up by the time 2021 is...

XRP fell over 4% after it was rejected around $0.2450 price level versus the US dollar, as Bitcoin traded around $8,900 price level. The XRP price has now moved toward the primary support levels at $0.2212 and $0.2200.During the present week, we recorded great development up in Bitcoin, Ethereum and XRP versus the US dollar. The price of XRP rose past barrier levels of $0.2250 and $0.2320.The price has relentlessly declined after the development of a transient top in the district of $0.2450...

Craig Wright, who claims to be the creator of Bitcoin, Satoshi Nakamoto, has reportedly seen his defamation case against Hodlnaut dismissed by UK’s High Court. The reason for the court’s decision is that it doesn’t have the jurisdiction to rule.Craig Wright’s Case Against Hodlnaut DismissedCraig Wright is undoubtedly one of the most well-known and discussed names within the cryptocurrency community. He has proclaimed himself to be the creator of Bitcoin, Satoshi Nakamoto. However, so far, he...

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.BTC/USD tech analysisThe application for launching the ETF for the BTC called back againCME Group started trading options for the BTCOn W1 of the Bitcoin, there begin ascending dynamics after a breakout of the resistance line of the 6-months descending channel. It is too early to say this impulse can renew the high. First of all, we should consider a move to the long-term resistance line at $11500.00. All said above, the Stochastic and MACD...

The cryptocurrency market has started 2020 with a huge bang, expanding by an impressive 23% within the first two weeks of the year. The overall market capitalization of the cryptocurrency market – a measure of the size of the market – has grown from $192 billion at the start of the year, to well over $240 billion by the middle of January.BitcoinLeading the pack is Bitcoin (BTC), which constitutes more than 65% of the overall market size. Going from just under $7,200 at the end of 2019 to a...

The bitcoin rally is making many crypto investors euphoric. An economist ran a poll to check on the pulse of the BTC market. An ultra bullish atmosphere may be a sign that a trend reversal is incoming. Over the last couple of weeks, bitcoin has been slaying bears and disbelievers. On Tuesday, bitcoin printed a fresh 2020 high of $8,903.20. The crypto token’s renewed bullish vigor is driving many retail investors into euphoria. One retail trader is already predicting...

Through a bonded courier, Craig Wright has delivered what should be the key ingredient for access to the controversial Bitcoin vault. As the case between Wright and the Kleiman estate has raged on for a while, the crypto community expected that this means the case is one step closer to resolution. However, this is not the case as the Kleiman estate has called Wright out on another case of foul play.The Bonded Courier from Craig WrightLast year, the case between Wright and the Kleiman estate...

If Judge Phyllis Hamilton will decide that Ripple is breaking the U.S. law with its token offerings, this could tank the 500 billion economy to the bottoms of the cryptocurrency market, after possible panic-sell.On 4 December, Ripple had asked the Chief District Judge Phyllis Hamilton of the Northern District of California to dismiss the case against cryptocurrency. The representatives are saying that the lawsuit sent to court by the angry Ripple investors is not relevant. Because there was a...

NBA Basketball team Sacramento Kings has recently joined hands with blockchain software development studio ConsenSys for its new sports gear auction platform. On Tuesday, January 15, Kings announced its Ethereum-based live auction platform.Thus, fans can bid live for different in-game sports gear using Treum, a ConsenSys-backed supply chain product. The use of Ethereum blockchain will also ensure that every auctioned item is genuine and authenticate. Furthermore, it will also allow for a...

Since breaking the $8600 resistance two days ago, Bitcoin had continued its surge directly to the upper ascending line, the one that is marked on our following 4-hour chart.It looks like Bitcoin’s rally got a (temp?) ‘roof’ at that ascending trend-line. Why a temp roof? If Bitcoin would like to reach new highs, it’s advisable to do it slowly with corrections and not just a parabolic race (as we had seen during last June).Besides, As shown on the 4-hour chart, the correction we see so far...