Markets

Australia is in severe pain as massive bushfires spread across the country with a staggering 10 million hectares of land consumed by the ferocious flames, leaving at least 2500 buildings destroyed and 25 people and 500 million animals dead.Binance To Help With Australia’s DistressMany institutions and people from around the world, including foreign governments, private institutions, celebrities, and everyday people, have responded to the country’s current situation by offering prayers,...

Bitcoin’s price rises again. Many pundits have indicated that this has created a new paradigm where Bitcoin’s price is now finding new support levels. This also means that a bullish trend may be in the offing although many think that this isn’t so. Bitcoin’s prices have been under severe pressure lately. The downward trend suggested that prices may have finally fallen to less than $5,000 or even worse indicating the lack of footing for a support level. These fears, however, were dispelled as...

ADA price is trading with a positive bias above the $0.0350 resistance against the US Dollar.The price is gaining traction and it is likely to accelerate above the $0.0385 resistance.There is a major bullish trend line forming with support near $0.0365 on the 4-hours chart (data feed via Kraken).The price could dip a few points, but it is likely to accelerate above the $0.040 resistance area.Cardano price is trading nicely in an uptrend against the US Dollar, similar to bitcoin. ADA price...

Bitcoin’s price went on a rampage. Just five days ago, it was trading at around $6,850, and today, it went over $8,400 to settle at where it currently trades at around $8,270. With an increase of around 5% for the past 24 hours, Bitcoin seems to mark a good start to yet another year. As Cryptopotato reported, $8,400 was a significant resistance and we have yet to see a definitive close above it. Should that level fall, the next one to look forward to is $8,650. BTC/USD. Source:...

Bitcoin price is currently rising and trading nicely above the $8,000 resistance against the US Dollar.The price gained pace above the $8,150 level and the 55 simple moving average (4-hours).There was a break above a major bearish trend line with resistance near $7,340 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair remains well bid and it is likely to continue higher towards the $8,800 level.Bitcoin price is trading in a nice uptrend above $8,000 against the US...

Bitcoin tops $8,100 for the first time in over a month. The rally may signal a trend reversal underway for the largest cryptocurrency. Bitcoin’s Fear & Greed Index shows market conditions are improving at the start of the year. After more than a month of lateral trading, bitcoin’s price appears to be gearing up for a major breakout in the not-too-distant future. The largest cryptocurrency finally pierced above $8,000 on Tuesday thanks to a noticeable spike in trade volumes. Bitcoin...

BTC/USD is currently trading at $7,861 (+1.4% from the beginning of the day). The crypto is in motion as part of a vigorous bull trend in Asia amid growing volatility and a tested zone past the $8,000 price level.As Bitcoin halving approaches, several market analysts are trying to project how this will influence the price, while in some other forecasts, an analyst said that dominance in the Bitcoin market may not surpass 75%, and price recovery may be limited to $15,000.The Bitcoin sphere...

Telegram appears to have caught a break with the recent case filed by the U.S. Securities and Exchange Commission (SEC). The company recently refused to share its financial records with the market regulator, and now the New York court has ruled against SEC’s demand.SEC Request DeniedThis year started on the wrong foot for Telegram, as the SEC recently requested the firm’s financial records to explain what it did with the $1.7 billion raised for the TON blockchain. As Cryptopotato reported,...

Zwischenzeitlich fiel sogar die Marke von 8.000 US-Dollar für den BTC, der die bullishen Prognosen bestätigte und im neuen Jahr fast 10 Prozent zulegen konnte. Woran genau lag es eigentlich?Bitcoin News: Bitcoin Preis wieder im AufwindGeopolitisch waren die Auseinandersetzungen zwischen den USA und dem Iran zum Jahresanfang der Auslöser. Viele Investoren sehen den US-Dollar geschwächt und mit dem Iran ein Land, welches auf Sanktionen durch die USA mit einer Kapitalflucht in den BTC-Markt...

Bitcoin likes to do things fast: Following yesterday’s analysis, we see that 2020 is so far very bullish for Bitcoin.In less than seven days, Bitcoin had seen over a 10% increase. Yesterday, we pointed out the ascending channel on the 4-hour chart. Today, Bitcoin had broken up from the channel and quickly reached into the confluence zone at $7700- $7800.Bitcoin had done more than that: Looking on the daily chart, Bitcoin nicely broke out of the most significant trend-line of 2019, the one...