Tag Archives: Bitcoin News

One of the biggest problems for crypto traders is the fact that some leading technical experts – such as Elon Musk – are seemingly unable to make up their minds about bitcoin. Is it good? Is it bad? They seem to be going back and forth all the time, which inevitably causes the currency to experience price fluctuations that can make life difficult for hardcore traders and buyers.Elon Musk: I’m a Bitcoin SupporterBut in recent days, the South African entrepreneur has been rather clear about...

Bitcoin price is slowly rising and it is trading above the $34,000 and $35,000 resistance levels against the US Dollar.The price is now just above the $36,000 level and well above the 55 simple moving average (4-hours).There is a key bearish trend line forming with resistance near $37,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to surge above $37,000 as long as there is no break below the $34,650 support.Bitcoin price is showing a few bullish...

Coinbase – one of the largest cryptocurrency exchanges in the United States – can’t seem to handle it whenever there’s a major crypto rally. The exchange always seems to undergo technical problems and sometimes even experiences temporary shutdowns. As traders witnessed late last week, the recent bitcoin surge was no exception.Coinbase Loses Power… AgainCoinbase put out a message early Friday morning announcing that the company was experiencing technical problems that forced executives to...

The lawsuit between Ripple and the Securities and Exchange Commission (SEC) just keeps heating up. Ripple has now put in a request with the agency to view documents determining its decisions to allow both bitcoin and Ethereum to be exempt from securities statuses through what’s known as a “Freedom of Information” request.Ripple: What Makes Us So Unique, Huh?Here’s a little background on the situation. Ripple is being charged by the SEC for hosting an improper token sale back in 2013....

It doesn’t matter how big bitcoin gets or how well it does. For many industry experts, bitcoin is nothing but a farce, and Gabriel Makhlouf – a governing council member of the European Central Bank – is one of the asset’s many doubters.Gabriel Makhlouf: BTC Holders Should Be Ready to Lose EverythingBitcoin has rallied over the past few days. The world’s number one digital currency by market cap has shot up from around $32,000 to well over $34,000 at the time of writing and has added almost...

Trading apps like Robinhood have stepped in to stop their customers from trading stocks like GameStop, which have surged in recent days. As a result, bitcoin and cryptocurrency are starting to look a lot more promising, which is potentially why the world’s number one digital asset by market cap has surged by more than $2,000 at the time of writing.GameStop Barricades Help BTC Spike AgainBitcoin was initially trading for under $32,000, though in the last day or so, the currency has surged...

Oh, Elon Musk… There are times when analysts and traders alike probably think to themselves, “What would bitcoin and cryptocurrency do without you?”Elon Musk Helps Bitcoin Return to Its RootsIn the last few days, the South African entrepreneur and CEO of both Tesla and SpaceX has likely been the cause of bitcoin’s sudden rise beyond the $34,000 market price at the time of writing. Musk saw to it that his Twitter account bio was changed to “#bitcoin.” From there, he put out the following...

At the time of writing, the price of bitcoin has shot back up somewhat to over $34,000. This isn’t as strong or as high as it was during the early portions of the month, but it’s refreshing to see that the world’s number one digital currency by market cap is potentially back on track and returning to form.Bitcoin Has Been Getting Newfound AttentionWhile it’s too early to tell if bitcoin can return to its recent all-time high of more than $40,000, many affluent investors have had no choice but...

Everyone who owns bonds in MicroStrategy is likely seeing their portfolios expand as of late.MicroStrategy Is Rewarding Risk-Taking ShareholdersThe company was amongst the first major institutional players to pledge support for bitcoin, the world’s leading digital currency by market cap. MicroStrategy ultimately bought more than half a billion dollars-worth of BTC between the months of August and December of last year, and this set up a long stride of additional institutional players –...

Ray Dalio is calling bitcoin “one hell of an invention.”Ray Dalio Wants to Offer Crypto to New FundsTraders from all over the world have fallen for the world’s number one digital currency by market cap. While the asset has recently lost about $10,000 off its price, the currency ultimately hit the $40,000 mark in early January, striking a new all-time high for itself, and as a result, Wall Street traders, institutions and some of the biggest financial players around are looking at bitcoin...