Bitcoin (BTC)

Social media influencers made people believe that quantitative easing is bullish for bitcoin. The recent selloff obliterated this narrative. HODLers now rely on the halving and the stock to flow ratio to ignite a bull market. Over the last few months, social media influencers on Twitter peddled that quantitative easing (QE) is bitcoin’s rocket fuel. The rationale is simple. If governments can print billions of dollars, some of it will eventually find its way to bitcoin. Additionally, QE may...

It seems like everyone wants to know a bit more about Bitcoin after prices of the cryptocurrency token have dropped significantly to new six-month lows. According to Google Trends, the recent spike in Bitcoin searches seems to have been originating from African countries with Nigeria, Ghana, and South Africa taking the lead while Austria and Switzerland are the other two countries that make up the top five sources of Bitcoin searches.The search terms have gone beyond just Bitcoin prices as...

The past week was one of the worst for Bitcoin. The coin’s price had seen a $2000 decline over the past seven days.This morning Bitcoin recorded another new low since May 17 – at $6513 (Bitstamp). However, the cryptocurrency didn’t spend much time at those price levels, and over the past hours, we are witnessing a decent comeback in green:As of writing this, Bitcoin is trading $700 above the daily low, whereas the current daily high almost touches $7300 (~$800 intra-day price increase).The...

Bitcoin’s outlook went from bullish to extremely bearish real quick. Institutions may be playing a huge role in the current selloff. Miners and retail traders add to the supply of bitcoin in the market. Bitcoin is down over 21% in eight days. It has taken out key support of $7,400. Even worse, it is dangerously close to breaching psychological support of $6,000. With bears enjoying total dominance, the cryptocurrency market reeks with extreme fear. The bullish steam that drove bitcoin to a...

Bitcoin’s been on a downtrend lately. The price dropped from around $8,700 to its current level of $6,700, losing more than 20% in a few days. However, despite the overly negative sentiment lurking amid the cryptocurrency community, good news might stem from the fact that institutional interest seems to be on the rise. Bakkt, the Bitcoin futures trading platform geared for institutions, sees a continuously increasing volume.Interest In Bakkt Bitcoin Futures Picking UpBakkt is the Bitcoin...

Anthony Pompliano, a Bitcoin bull enthusiast, says that the hysteria surrounding the price of the BTC will probably increase more and more until there is “real blood on the streets”.In a new note to investors, Pompliano points out that Bitcoin has always forced weak hands to surrender, through extremely volatile cycles of new and arbitrary highs and lows.When Bitcoin reaches extended periods in an accumulation phase, it has always been caused by violent epidemics that have left investors...

StormGain: Die Bitcoin-Trading App ist seit Sommer offizieller Sponsor des FC Newcastle United in der Premiere League. StormGain ist ein neuer Player im Bereich Bitcoin. Angeboten wird hauptsächlich Bitcoin Trading. Und vom Trading auf dieser Plattform ist abzuraten. Denn StormGain bietet Leverage-Trading an, also das Handeln mit Hebelwirkung. Und das kann, insbesondere beim Handeln mit den schwankenden Kursen der Kryptowährungen zum...

Die Krypto-Börse Binance plant, „The Block“ wegen einer als falsch erachteten Behauptung zu verklagen. Das Online Magazin berichtete, dass es im „vermeintlichen“ Binance-Büro in Shanghai eine Razzia der chinesischen Polizei gegeben haben soll. The Block: Polizeirazzia bei Binance Im jüngsten Bericht stellte das Bitcoin News Online Magazin „The Block“ die Behauptung auf, dass es im Shanghai-Büro der Krypto-Börse Binance einen Polizeieinsatz gegeben haben soll. Nach Angaben des...

YouHodler Turbo Loans: Multiply Your Crypto Portfolio in a Bear Market YouHodler’s “Turbo Loan” feature lets users take a “chain of loans” in one click to help multiply their crypto portfolio. So in a bear market like this, see how you can “Turbocharge” your crypto up to ten times, while also lowering interest fees, eliminating fees on crypto purchases and creating a better way to earn crypto. Earn crypto: How „Turbo Loans“ work YouHodler...

Investment apathy in global cryptocurrency markets and also traditional markets deepened over the weekend as Bitcoin price which has been sliding in recent times slipped below the normal psychological $7,000 which everyone within the crypto space has been looking forward towards as a support for one last rally towards the end of this year. Apart from Bitcoin, all other cryptocurrencies are also down as well indicating a market malaise which hasn’t occurred in quite a bit.Ethereum lost almost...