Tag Archives: BTC

2019 is approaching its end, and while many crypto enthusiasts have marked 2020 as the next Bitcoin bull-run, it is mostly because of the anticipated halving event.While there is a consensus that the halving will propel Bitcoin price to new highs, some analysts see the cryptocurrency visiting lower values before we can even start speaking about any possible bull-run.Bitcoin started 2019 at $3,700, skyrocketed to $13,880 on the 26th of June, retraced, surged back up, and most recently pulled...

Smart people are famous for revaluation of their beliefs, and now the Bank of International Settlements (BIS) is ready to try implementing their own cryptocurrency to stay ahead of the market. The same man who was calling for a “clampdown on Bitcoin”, Agustín Carstens, now says: “We have a responsibility to be at the cutting edge of the debate. There is really no choice but to do so, as otherwise, events will overtake us…” By “events” Carstens presumably means thousands of companies that...

On Wednesday, Bitcoin jumped 9.92% from the day low of $7,080 to $7,775 during only 5 hours of the trade. However, at the end of the day, the price closed at $7,199. The Bitcoin price seems to be slowing down every time it meets resistance at $7,800 and cannot set a higher high above $8,000. Traders can see that the highest volume happened when the prices were $8,040 and $7,850. However, since prices started to drop as soon as they reached those heights, it can be presumed that the next bull...

In our recent price analysis, we had anticipated a huge move coming up very soon. We couldn’t predict to which direction.The result was a massive $800 move to the upside, followed by an opposite move to the downside, to exactly where the movement began from (roughly $7100). And the winner is? Of course, the exchanges that allow margin trading, who encourage trading volumes.The bottom line is that Bitcoin stays at the same price level, the same confluence price zone, between $7300 – $7400,...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 766. Heute sprechen wir über folgende Themen: Kanadisches Bitcoin Mining Unternehmen meldet Insolvenz an, Tron und DigiByte Gründer im Streit & Deutsche Bank glaubt Crypto verdrängt Fiat. 1.) Kanadisches Bitcoin Mining Unternehmen meldet Insolvenz anhttps://www.btc-echo.de/bitcoin-mining-kanadisches-unternehmen-vermeldet-insolvenz/ 2.) Tron und DigiByte Gründer im Streit – DGB wird zur Strafe von Poloniex...

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.Tech analysis of BTC/USDBitcoins worth 313 million USD were withdrawn through Bittrex.The SIX platform has added a derivative on the BTCOn W1, the Bitcoin continues the descending tendency inside the previous channel and has already reached 61.8% fibo. The next downside target may be 76.0% fibo at $5710.00 and the long-term low at $3121.90. the resistance is close to 38.2% fibo at $9760.00.On the MACD and Stochastic, the MACD histogram remains...

Yesterday, December 4, turned out to be a very interesting day for Bitcoin as the network broke a new record and hit its biggest hourly USD transaction volume in all of Bitcoin’s existence. An increase in the volume of transactions on any network is usually regarded as a big deal because more often than not, it shows that there is some progress with adoption. However, this case is very different.The news was made known in a tweet by Rafael Schultze-Kraft, the cofounder of on-chain market...

As the crypto markets continue to move on a roller coaster, it seems like adoption is growing steadily. A group of eight former Morgan Stanley core developers announced the launch of Phemex. Phemex is a ‘high-speed’ cryptocurrency derivatives platform that is well-designed for the retail and institutional investors. The new firm is based in Singapore.In a December 4 press release, the former Morgan Stanley developers came with big claims that the platform is ten times faster than the...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 765. Heute sprechen wir über folgende Themen: Bafin zum neuen Bitcoin Gesetz, Bargeld ade – EZB plant digitale Währung & Bakkt Chefin Kelly Loeffler wird zur US-Senatorin ernannt 1.) BaFin zum neuen Bitcoin Gesetz: Unternehmen können bald Antrag stellenhttps://cryptomonday.de/bafin-zum-neuen-bitcoin-gesetz-unternehmen-koennen-bald-antrag-stellen/ 2.) Die EZB plant eine digitale Währung – Bargeld wird langsam...

Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, shares his insights into the future scenarios for Bitcoin price movement as well as possible price swings of major altcoins.BTC and ETH are forming reversal patterns both on the RSI and the price charts. Of course, buying on the falling market is not always a good idea. To be sure, a buyer must see a breakout of the closest resistance lines. The other altcoins follow the leading assets but show no reversal patterns...