Tag Archives: Bitcoin

Yesterday saw the price of bitcoin – the number one cryptocurrency by market cap – jump all the way into the $7,500 range. The currency has added more than $400 to its price in just 24 hours. What happened suddenly, and why is bitcoin deciding to return to its old bullish ways?Bitcoin Is On a RollThis is great news for analysts – many of whom have been predicting a solid rise in the bitcoin price over the past few weeks – and for traders, who are seeing the bullish ways of their industry fly...

Following a recent drop into the high $6,000 range, bitcoin – the world’s number one cryptocurrency by market cap – has surged back above $7,100, suggesting that this is where it’s likely experiencing the most resistance.Bitcoin Surges Once AgainBitcoin has gone back and forth over the past couple of weeks, falling and jumping between $6,700 and $7,200. There appears to be a $500 range of heavy activity, the bottom of which present necessary support, while the upper range is providing...

Investor Peter Schiff has never been a huge bitcoin fan, but even he’s predicting that the currency won’t go down in flames.Peter Schiff Makes Bold BTC StatementThe world’s number one digital asset by market cap has been having a rough time as of late. Serious drops started to throw themselves at the currency when the COVID-19 pandemic began growing in early March. Prior to that, bitcoin was trading for well over $10,000 but a sudden fall into the high $8,000 range occurred soon after.A few...

The price of bitcoin – the world’s number one cryptocurrency by market cap – has fallen to just over $6,800 at the time of writing following news that the oil market in America tanked two days ago.Bitcoin Takes Another TumbleDespite spending the last several days trading above the $7,000 mark – which it had crossed for the second time in a month – the digital asset that everyone has come to know and love is once again being affected by outside market commodities and has taken a turn for the...

It’s not uncommon to see sports players and crypto working together, and in the case of offensive tackle Russell Okung of the Carolina Panthers, bitcoin is something he’s crazy about.Russell Okung Loves His BTCAfter shooting out a tweet last year that read “Pay me in bitcoin,” it can’t become any clearer than it already is that Okung is looking for additional ways to grow the crypto industry and his digital wealth. Recently, the NFL player announced he would be investing in a company called...

Bitcoin price started a fresh decline and traded below the $7,000 support against the US Dollar.It is currently showing a few bearish signs below $6,965 and $7,000.There is a key contracting triangle forming with resistance near $7,220 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could decline further towards the key $6,600 support before it might start a fresh increase.Bitcoin price is struggling to remain in a positive zone above $6,800 against the US Dollar....

Bitcoin has exploded in recent days, jumping all the way to the $7,000 mark for the second time in a month. This is a solid improvement over where it stood just last week, and yet some are predicting that things are about to fizzle out all over again.Bitcoin May Take Another DipThis seems to be a running theme in the bitcoin arena. While BTC does well and many people seem to jump on board, there are others that refuse to see the light. Many still view bitcoin as a failing asset that has yet...

Reddit is introducing a new points system that could potentially give “good actors” Ethereum-based crypto rewards.Reddit Looks to Partner with EthereumWhat’s interesting about this story is that Reddit was once a longtime agent of bitcoin, the world’s number one cryptocurrency by market cap and the primary competitor to Ethereum, which stands as only the second most powerful cryptocurrency after BTC. However, the bitcoin subreddit appears to be deliberately ignoring the price of bitcoin in...

Bitcoin ATMs have come a long way in society. Many have expanded across the United States and abroad, giving more people the opportunity to potentially use crypto for the purchase of goods and services. While many people in the U.S. are stuck inside their homes and unable to move about much due to social distancing regulations, many ATM companies are reporting increases in transactions through their bitcoin machines.Bitcoin ATMs Are Growing Like CrazyThe consensus is that many people are...

Per some analysts, bitcoin may be headed into very bearish territory. As it stands, the world’s number one cryptocurrency by market cap is trading for over $7,200 at the time of writing, but some believe the asset is about to take a turn for the worse and could lose as much as 50 percent of its value.Bitcoin Could Find Itself Falling HeavilyBitcoin has already lost thousands off its price in the past two months. In mid-February, BTC was trading for well over $10,300, meaning its current price...