Markets

Crypto investor Mike Novogratz says that big things will happen for bitcoin this year.Mike Novogratz: BTC Will Hit a New All-Time HighIn a recent interview with CNBC, he commented that the currency could exit 2020 having hit a new all-time high. The previous record for bitcoin is just shy of $20,000, which the world’s number one cryptocurrency by market cap reached at the end of 2017. He’s confident that in approximately ten months, the currency will strike an even higher range.He...

Uh-oh. Is bitcoin suddenly beginning to lose its momentum?Could Bitcoin Be Heading for Oblivion?The world’s number one cryptocurrency by market cap has started the day off at just over $9,900. This means that the currency has dropped by more than $400 over the past 24 hours. It’s got a lot of people worried considering just how well bitcoin has been doing for the past week.Not long ago, BTC jumped beyond the $10,000 mark. Many believed that this was a sign of great things to come – that...

This week alone, gamers, virtual reality enthusiasts, and the cryptocurrency community have invested nearly a million dollars worth of real world currencies into virtual real estate generated and maintained by blockchains.The three largest blockchain generated virtual world games, The Sandbox, Decentraland, and Cryptovoxels, all saw the total trading volume of their digital tokens surge above $940,000 USD. That’s according to data compiled by Nonfungible, the largest database of blockchain...

Just a quick weekend recap: Following our most recent BTC price analysis from Friday, where we had stated that the correction is likely to test lower levels, we can see Bitcoin breaking below $10,000 after failing to break above the crucial resistance at $10,500.As can be seen on the following daily chart, after getting rejected by the long-term ascending trend-line (started forming on July 2019), Bitcoin broke down the significant 38.2% Fib level at $10,200, along with the marked 4-hour...

Die letzten Wochen ging es bergauf für den BTC-Kurs. Zuletzt wurde der Preis sogar wieder 5-stellig und der BTC erreichte 10.300 US-Dollar. Doch heute drückte der Widerstand den Preis wieder in die 4-Stelligkeit – Analysten gehen davon aus, dass es sogar noch weiter runtergehen wird.Bitcoin News: Bitcoin Widerstand drückt Kurs wieder unter 10.000 US-DollarEine Kurskorrektur ist gerade im Gange, die den BTC-Kurs sogar wieder unter 9.000 US-Dollar treiben könnte. Auch Ethereum könnte es hart...

Tesla stocks (TSLA) saw a tremendous price surge in the last few months, and the firm is looking to monetize the increase. Tesla plans a $2 billion common stock offering to strengthen its financial position.While similar scenarios could play out in the traditional financial market, Bitcoin stands on the opposite shore. Its finite pre-programmed supply of 21 million means that no more coins can come in the market.Tesla Stocks Performance And OfferingThe last several months have been nothing...

Binance through its official blog page has outlined its future vision and mission as an open platform through which other businesses can use to grow.Binance has announced through its blog page that it’s working to build its company as an open platform in the future. According to the blog post, the crypto exchange, which offers both centralized and decentralized blockchain services, is working to make the company more decentralized to give access and freedom to its users.The crypto exchange...

When your completely non-computer savvy, totally apolitical friends or family members come up to you asking, “Hey, you think I should buy this Bitcoin thing?” you’re in bubble territory. The coin is very possibly overheated, and it might be time to sell.We need a healthy pull back. Too much hype about #bitcoin halving and altseason. Too much dumb money re-entering shitcoins. Looking for $7200. It takes time for halving to propogate and market to react. Maybe 6-7 months. Only my opinion. What...

Bitcoin’s price made yet another positive week of continuous gains. In the past seven days, BTC is up more than 4%, finally breaking above the essential technical and psychological resistance of $10,000. The price shot up to as much as $10,500 but failed to claim this level and retraced to where it currently trades at around $10,200.As it stands, Bitcoin might need some more time to regain its momentum and try again for the crucial ascending trend-line resistance. In any case, it’s important...

BitcoinBitcoin saw a small 4.7% price increase over the past 7-days as the cryptocurrency finally managed to break above resistance at $9,815 to climb above $10,000. It has met slight resistance at around $10,430 and will need to break here to continue higher.If the bulls penetrate $10,430, higher resistance lies at $10,500 $10,707 (1.414 Fib Extension), $10,810, and $11,000. On the other hand, if the sellers push lower, support is found at $10,000 and $9,815. Beneath this, additional support...