Tag Archives: Bitcoin

Bitcoin is set to undergo a major halving in the next few weeks, and this has sparked several questions amongst both analysts and everyday traders alike.The Halving Could Do a Lot for BTCOne of the big questions regarding bitcoin’s future after the halving revolves around whether it will be possible to perform a 51 percent attack on the world’s number one cryptocurrency by market cap. While bitcoin is the largest and most powerful digital currency and likely won’t fall victim to such a...

Today marks a solid change for the bitcoin price. At the time of writing, the world’s number one cryptocurrency by market cap has jumped into the $7,200 range – a solid $200 boost from where the currency last stood.Bitcoin Options Trading Is GrowingA lot of analysts are attributing this little surge to the fact that bitcoin options trading appears to have spiked in the last 48 hours. Over the past couple of days, many major exchanges – including Bakkt, OXEx and CME Group in Chicago – have...

The bitcoin halving has got everyone on edge, and searches surrounding the term are at an all-time high.What’s Going to Happen with the Bitcoin Halving?Bitcoin has halved in the past, so it’s not like the event scheduled for this coming May is anything special. However, many analysts say that bitcoin’s future may ride on this single halving for several reasons, as it will likely determine whether bitcoin’s price spikes to its all-time high again.A halving means that the number of block...

At the time of writing, several cryptocurrencies are showing new signs of life. Bitcoin, for example, is once again trading above $7,000 for the second time this month.Bitcoin Has Broken $7K AgainIn addition to BTC’s sudden burst, Ethereum is trading for $170, while other major coins – such as Ripple and Litecoin – have also shot up. For the most part, the cryptocurrency industry appears to be on a path of recovery along with stocks as the Dow Jones has shot up more than 400 points since...

Billionaire Mark Cuban has never been a huge fan of bitcoin, and to be fair, he’s still not prone to BTC use. However, he does comment that he’d be willing to change his mind on the digital currency given that the right changes are made to its infrastructure.Mark Cuban: Make BTC EasierIn the past, Cuban has gone so far as to say he’s rather have “bananas” over bitcoin, and for the most part, he’s still pushing this mentality. In a recent podcast interview, Cuban explains:I can trade bananas...

One of the biggest complaints about the cryptocurrency space is that it isn’t doing enough to attract institutional investors. Well, this may be changing thanks to newfound attention for the Grayscale Bitcoin Trust in New York.Grayscale Is Boosting the Institutional PresenceDespite attempts to integrate institutional crypto trading platforms such as Bakkt – owned and governed by the Intercontinental Exchange (ICE) – the presence of professional investors in the crypto world appears to be...

The argument surrounding next month’s highly anticipated bitcoin halving is revving up.The Bitcoin Halving: Could Be Bad, Could Be GoodThe bitcoin halving is slated to bring the number of block rewards garnered by bitcoin miners down by half. The event is designed to control inflation and ensure bitcoin maintains a level of rarity that keeps it popular and useful in today’s growing financial markets.While bitcoin has halved before, this event seems to be garnering more attention than past...

Bitcoin has started the day out well. After falling beneath the $7,000-mark last week, the world’s number one cryptocurrency by market cap has managed to add a further $200 to its overall price. While the currency is still below $7,000, it’s about to break this line once again.Bitcoin Is Heading for the StarsAt the time of writing, BTC is trading for $6,979. Another $20 or so and we’ll be in a whole new range for the third time over the past month. The currency has suffered greatly at the...

Bitcoin price declined and tested the $6,550-$6,600 support area against the US Dollar.It is currently correcting higher and trading above the $6,800 level.There is a major bearish trend line forming with resistance near $7,050 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair must surpass $7,050 and $7,200 to start a strong upward move in the near term.Bitcoin price is struggling to recover above $7,000 and $7,200 against the US Dollar. BTC could resume its decline...

The crypto market has been up and down since the weekend, with assets like bitcoin losing more than $500 from its price on April 10.Bitcoin Is Tumbling Down the StairsLast week marked a solid end to what appeared to be a longstanding bearish cycle that was repeatedly striking the world’s primary cryptocurrency by market cap. The currency had initially struggled – and struggled hard – to relieve itself of the measly and miniscule $6,000 range it had been stuck in for several weeks. Finally,...