BitcoinBitcoin went through another powerful 15% price surge this week, which saw the cryptocurrency climbing over $18,000 and reaching as high as $18,800. It was trading at $16,400 last Friday, and it struggled to break this resistance over the weekend.This change on Monday, when Bitcoin started to surge higher. It quickly managed to push above $17,000 and break the resistance at the 2018 High at $17,186. The bull run continued higher throughout the week until resistance was found at around...
Read More »Some Think Bitcoin Will Surpass Its All-Time High This Year
Bitcoin is trading for around $17,800 at the time of writing, though the world’s number one cryptocurrency by market cap had initially spent the early parts of this morning trading above the $18,000 mark, thus suggesting that the currency has the power to rise further.Could Bitcoin Beat Its Old Record?The asset is presently undergoing a slight correction, having lost a few hundred dollars and settling at a lower price, though to be fair, this has happened a few times with the currency....
Read More »Bitcoin Price Analysis: BTC 5% Away From ATH, Breakout Soon?
Bitcoin price continues its parabolic intraweek rally with a surging breakout from the bullish pennant we discussed in yesterday’s analysis. Since the opening of the traditional markets on Monday, BTC has risen by an eye-watering 17%.With the leading crypto asset now holding at around $18,700, it’s only 5% shy from getting back to its all-time high set on December 17, 2017 – 1,069 days ago.Looking at the global crypto picture, a further $21 billion has entered the market in the last 16...
Read More »SoftBank Billionaire CEO Still Doesn’t Understand Bitcoin After A $50M Investment Loss
Masayoshi Son, the founder, and CEO of the giant Japanese multinational conglomerate SoftBank Group, has lost millions from buying Bitcoin high and selling it low. In a recent speech, he also admitted that he doesn’t understand how the cryptocurrency works, but he believes some digital asset will have a role in the future.SoftBank CEO’s Unsuccessful Bitcoin InvestmentThe 63-year old Japanese billionaire and philanthropist recently spoke about his regrets, especially financial misfortunes,...
Read More »Top DeFi Tokens Explode as TVL Nears $14 Billion
It’s an all-around green day in crypto land. Bitcoin price has surged beyond $18,000, closing the gap with its previous all-time high of $20,000. ETH just rocketed past $500 for the first time in two years.But apart from the usual cryptocurrencies, decentralized finance (DeFi) tokens are sitting on gains as a majority of them exploded in valuations over the past couple of days.Top 100 DeFi Coins Register Explosive Weekly GainsA bull market pulls every asset out of the bearish rut. The same is...
Read More »Ethereum at $500 For the First Time Since July 2018: Interest Increasing
After failing to tap the $500 mark two days ago, ETH woke up from its slumber with jetpacks mounted on its back. The cryptocurrency rallied vertically and just smashed the $500 resistance against the US Dollar after more than 2 years of trading at the said rates. This comes amid a rising trend of Ethereum searches on Google.Ethereum’s ETH Soars Straight Up To $500It seems ETH bulls are no longer in the mood to remain in the sub-$500 zone, as a bout of galvanizing price action pushed the...
Read More »Rapper Logic Has Purchased $6M Worth Of Bitcoin In October
The list of celebrities purchasing Bitcoin has officially grown by one more with a new representative from the hip hop world. The now-retired rapper going by the stage name Logic recently confirmed that he had purchased $6 million worth of BTC last month.Logic Buys $6M In BitcoinLogic was born in 1990 under his real name – Sir Robert Bryson Hall II. He became a popular songwriter, record producer, streamer, and author. He also had a successful hip hop career with six studio albums and two...
Read More »Uniswap User Loses $20,000 With a Fake Google Play Store App
Scams within the cryptocurrency industry come in different shapes and forms, including impersonating legitimate applications downloadable from trusted establishments. A popular digital asset commentator recently warned the community about such a scam using the Uniswap name, resulting in the loss of $20,000.$20K Lost In A Uniswap-Impersonating ScamUniswap is a sort of decentralized exchange (DEX) running on the Ethereum blockchain that enables users to swap various tokens. Its popularity...
Read More »#1018 Mariner Wealth Advisors Bitcoin, Mystic Valley Token & ETH 2.0 Verzögerungen
Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 1018. Im heutigen Video geht’s um folgende Themen: Mariner Wealth Advisors bietet Kunden Bitcoin Zugang, Thailändisches Musikfestival nutzt eigenen Token & Vitalik Buterin rechnet mit ETH 2.0 Verzögerungen. 1.) 29 Milliarden US-Dollar-Gigant bietet Kunden Zugang zu Bitcoinhttps://www.btc-echo.de/29-milliarden-us-dollar-gigant-bietet-kunden-zugang-zu-bitcoin/ 2.) Thai music festival to use its own token for a...
Read More »Bitcoin Cash Analysis: Risk of Downside Break Below $250
Bitcoin cash price is holding ground above the key $242 support zone against the US Dollar.The price is now trading above the $252 support and the 55 simple moving average (4-hours).There is a major declining channel forming with resistance near $258 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could rally significantly if it clears the $258 and $260 resistance levels.Bitcoin cash price is rising steadily above $250, similar to bitcoin above $18k against the US...
Read More »