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Tag Archives: bitcoin price

Bakkt is Expected to Make a Huge Splash in November after Underperforming

Many people within the crypto space had expected the new kid on the block when it comes to cryptocurrency securities, exchanges, and other related instruments to drive the cryptocurrency sentiments to new highs, however, the reverse has been the case. As investors haven’t warmed to the Intercontinental exchange’s (ICE) Bakkt Futures platform.But that is expected to change as indications have emerged that Bakkt is set to break records this month. On November 5th, trading on the platform...

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Bitcoin Price & Technical Analysis: BTC Returned to Flat

Photo: ShutterstockBy Dmitriy Gurkovskiy, Chief Analyst at RoboForex.BTC/USD tech analysisBrexit helps the BTC – Easy CryptoChina does not consider mining unwanted activity anymoreOn W1, the Bitcoin is trying to secure above the resistance line it has overcome. This might mean that the market players are waiting for yet another impulse of growth to the local resistance at $11321.00. However, growth to the main peak at $13857,20 in neither excluded.On the MACD, the histogram is still in the...

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4 Signs To Cash Оut During The Next Bitcoin Bull-Run

When it comes to investing in Bitcoin, defining a clear exit strategy is undoubtedly amongst the essential things that should be considered. Knowing when to cash out is critical for profitability. As it has been seen in the past, Bitcoin has specific market cycles, and it’s not uncommon for the cryptocurrency to surge tremendously, only to pull back shortly after. A recent Twitter thread poses this exact question, and the answers are nothing short of invaluable.The following shouldn’t be seen...

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Changpeng Zhao: $16,000 for BTC Is Coming Soon

$16,000 seems to be a popular number amongst bitcoin price predictors. Recently, Live Bitcoin News reported on a source that claimed bitcoin could potentially reach that number by the time November began. Sadly, this prediction didn’t come true, but that’s not stopping Changpeng Zhao – CEO of Binance, arguably the world’s largest and most popular cryptocurrency exchange – from touting $16,000 as a figure that will arrive “soon.”Changpeng Zhao – $16,000 Is On Its WayThe prediction that stated...

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‘Bitcoin Price Will Reach $16k Soon as 1.4B People Are Working On It,’ Says Binance’s CZ

Growth in the crypto market is almost always measured by price trajectories and the likelihood that an asset would find adoption, consequently increasing its price. With Bitcoin being the asset with the largest market cap and consequently the highest priced and strongest market dominance, the cryptosphere is almost always waiting for a Bitcoin price surge.In the midst of all the bullish predictions that usually trail Bitcoin, Changpeng Zhao who is the CEO of the world’s largest crypto...

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Illinois Resident Invests Half of His Lottery Winning in Bitcoin back in May

Earlier this year, a man from the state of Illinois made a killing, winning $500,000 in a state lottery. Recently, he revealed that half of this fortune has been spent on buying Bitcoin (BTC). He confirmed that back in May, he had purchased about $178,000 worth of BTC and wrote on Reddit:“Did this. Then put half into BTC in May.”Further, he asked to remind him in eight months if his investment is smart money, which Reddit can not agree with.On one hand, the investment seems to be a good one....

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Bitcoin Hit $20K in 2017 from Manipulation by One Single Market Whale

Most of the crypto community, especially Bitcoin hodlers, are almost always hoping for a spike like the one that happened in 2017, which saw the king coin hit its current all-time high of $20,000. Even though a terribly bearish market followed some months after, the spike is still often referred to as not just a game-changer, but a point where Bitcoin needs to reach again, to break out of its frequent periods of disappointing consolidation. However, some analysts have suggested that the...

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Bulls and Bears: The Bitcoin Week in Review

At press time, bitcoin is trading for just over $9,100.Bitcoin Has Had a Strange WeekTo say it’s been a wacky week for the world’s leading cryptocurrency would be something of an understatement. The currency has pulled in both bearish and bullish behavior from all angles, jumping beyond the $10,000-mark last weekend after a nasty period of trading in the mid-$7,000 range, to suddenly settling nearly $1,000 below its weekend high.The currency has incurred other little surges here and there...

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Deribit to Compensate Users for Its Error Resulting in Bitcoin Price Crash

Photo: DeribitOn Thursday, October 31, Bitcoin witnessed a major flash crash to $9000 levels on two exchanges – Coinbase Pro and Deribit. On Thursday, at 19:55 UTC, BTC spot price crashed from $9260 to $9055 in a short span of time.Just within an hour later, futures and options exchange, Deribit saw BTC futures dropping from $9150 to $7720. However, in just a few minutes BTC price bounced back to $9000. However, this rapid price fluctuation in BTC caught traders’ attention as multiple orders...

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Satoshi Nakamoto’s Dream Project Bitcoin Turns 11 Today

Today, October 31, marks the 11th birthday of Bitcoin after its founder Satoshi Nakamoto unveiled the whitepaper back in 2008. Over the last 11 years, Bitcoin has established its supremacy in the crypto market as the world’s largest cryptocurrency by market cap.On 31 October 2008, Satoshi Nakamoto published the #Bitcoin Whitepaper.Happy Anniversary $BTC!Test your Bitcoin knowledge?https://t.co/JECDzwxCnIDiscover the history behind #Blockchain?https://t.co/EhvS2nH6BR...

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