Bitcoin Soars As Bakkt is All Set to Launch Bitcoin Futures in September

Since the infamous day of 2017, when Bitcoin went on its incredible run, there has been talk of the introduction of a financial exchange backed by the world’s biggest cryptocurrency. One of the instruments that have been spoken about by crypto experts for many years are crypto futures from Bakkt, but delay after delay stopped […]

Is Bitcoin (BTC) a Recession Proof Like Gold? Here’s What Experts Think

It is quite clear that the global economy is currently in the doldrums due to a wide range of factors, and investors all over the world are currently at crossroads with regards to finding the best ways to protect their capital. When such a thing happens, then investors look for assets that could either protect […]

Bitcoin Hovers Around 10K After the Recent Correction: What Next?

The first half of the year saw Bitcoin go on an incredible rally as the cryptocurrency ended up at higher levels at the end of each month and eventually threatened to replicate the bull run from 2017. However, the month of July brought its fair share of turbulence into the market, and it has been […]

Bitcoin Price Tumbles 6% on Economic Growth Uncertainty

Bitcoin (BTC) had an outstanding run during the first half of the year as it climbed to new highs at the end of each month, but the month of July and August have not been as kind to the world’s biggest cryptocurrency. A lot has gone on over the past month and a half that […]

Ethereum Underperforms Against Bitcoin: What Next for Altcoins?

As everyone knows, the price of Bitcoin has a profound effect on the entire crypto market, and as the price of the world’s biggest cryptocurrency rose steadily over the first half of 2019, the entire crypto market profited. However, since July, Bitcoin has definitely entered choppier waters, and now the momentum has gone out of its […]

SEC to Decide Later on Three Bitcoin ETF Proposals

Ever since Bitcoin had that incredible rally back in 2017, there has been a lot of talk among big-ticket investors to find a way to bring the cryptocurrency into the world of mainstream investing. It was around that time that the idea of Bitcoin-based exchange-traded funds (ETFs) was first floated. Ultimately, the Securities and Exchange […]

How Will a Higher Bitcoin Dominance Index Affect BTC Price?

Bitcoin (BTC) had an excellent run in the first half of 2019 and looked like it could regain the highs that it had reached back in 2017. However, the month of July proved to be a reality check as the price of the token oscillated around $ 10,000. August started off in much better fashion […]

Bitcoin Price Triggers Ahead

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Bitcoin Hash Rate Hits 80 Quintillion for the First Time

Bitcoin (BTC) surpassed another milestone on Thursday, August 8, as the world’s leading cryptocurrency’s hash rate hit 80 quintillion for the first time. This news comes during a good week for BTC, which saw the coin’s value top $ 12,000 USD twice in three days amid fears that a global recession is on the horizon. What […]

Bitcoin Breaks $12,000 Amid Global Recession Concerns

Bitcoin price broke $ 12,000 USD for the second time in three days on Wednesday as the notoriously volatile cryptocurrency develops a reputation among investors as a safe-haven currency amid concerns as the global economy heads towards recession. This takes BTC’s week-on-week gains to $ 2,000 USD. Following on from 2018’s cryptocurrency crash, BTC enjoyed […]

Bitcoin Bulls are Back: Why 2019’s Rally is Different Than 2017

July might have been a forgettable month for Bitcoin after six months of steady gains this year, but the cryptocurrency has made a remarkable comeback in August so far. Bitcoin Near $ 12K The rally started at the beginning of the month and has continued as the cryptocurrency seems poised to touch $ 12,000 per […]

Bitcoin Dominance at 70%: BTC Surges Amid Economic Uncertainty

Bitcoin has always dominated the cryptocurrency market. But for the first time since December 2017—when Bitcoin was valued at $ 20k per coin—Bitcoin dominance is nearing 70%. It’s a significant indicator of the current sentiment surrounding the world’s largest digital asset. It also leaves a sizeable question mark over the future of the hundreds of […]

Bitcoin Recovers 15% in 3 Days: What’s Driving BTC?

After forging new heights this year throughout the first six months of this year, Bitcoin went through incredibly tough times throughout the month of July. In July, the price fluctuated violently as a range of extraneous factors did not allow the token to move beyond a certain level, while the price plunged significantly post recoveries […]

Bitcoin Falls 30% from Highs: Analysts are Still Bullish

Regardless of a 30% price correction on Bitcoin, analysts are still bullish on the coin. On Saturday, BTC dropped 8%, and cynics believe that the rally towards a record all-time high is now over. Bitcoin surged over the past two weeks, establishing an M-top at $ 13,177 and $ 13,739 before dipping to $ 9,600. […]

Bitcoin Mining Manufacturer Canaan Files for IPO in US Worth $200 Million

As per a report, Canaan Creative, the major Bitcoin miner manufacturer, is supposed to have confidentially filed for an IPO in the US. As Bitcoin has grown into one of the biggest cryptocurrencies in the world, a range of industries have cropped up that are seeking to provide services that will help create a more […]

Bitcoin Supply Now has 85% in Circulation: Will “Scarcity” Kick In?

As of today, August 1, Bitcoin has 85% of its supply in circulation. This means there are only 3.15 million new coins left to be mined for the next 120 years. Bitcoin is currently trading at $ 10,044 USD according to CoinMarketCap. Bitcoin Supply Data from monitoring resource Blockchain said that earlier today, Bitcoin miners extracted the […]

LedgerX Launches Physically-Settled Bitcoin Futures Contracts

According to CoinDesk, LedgerX has launched the first physically-settled Bitcoin futures contracts in the US. The news comes at a time when Intercontinental Exchange’s Bakkt and TD Ameritrade’s ErisX have struggled to launch amid regulation issues. LedgerX Launches Bitcoin Futures Contracts LedgerX is now the first Bitcoin futures provider in the US that offers physical […]

Bitcoin Struggles to Hold the Rally: Analysts Turn Bearish

Cryptocurrencies have been struggling over the past few days with increased scrutiny and piling up of bearish signs. Bitcoin, for instance, is nearing a turning point, and according to popular cryptocurrency analyst DonAlt, it is closer to testing support levels of $ 6,700. Bitcoin Drops Below the 50-Day Moving Average The signs are indicating that […]

Bitcoin Price: What the Technical Chart Indicates About BTC’s Movement

The month of July has been a very volatile one for Bitcoin investors due to the range of factors that brought the six-month-long bull run from the start of the year to an abrupt end. BTC had risen to $ 14,000 at one point last month but now the token is struggling to hold on […]

Bitcoin Price to Reach $55K? Joe Kernen Suggests So!

Once again, Bitcoin price has fallen below $ 10k per coin. The largest digital asset by market cap has shocked investors in the last few months with rallies that saw the coin reach highs of over $ 13,500 in value. The surge in price has led to multiple discussions on Bitcoin’s future potential as it […]

Bitcoin Falls to Hold $10K Mark on Political Uncertainty

The month of July has been a month to forget for Bitcoin (BTC) so far as the cryptocurrency has repeatedly struggled to hold on to gains and failed to kick on from the highly impressive run it enjoyed in the first half of the year. Some of the issues that have dogged the cryptocurrency are […]

Ethereum (ETH) Falls 86% Relative to Bitcoin Since the 2017 Build-Up

In 2017, during the cryptocurrency bubble, a number of projects launched tokens for a wide range of payments. It was easy because what was needed to raise millions of dollars through an initial coin offering was just an idea. During the period, Ethereum and its native token Ether (ETH) reached a record high because of […]

Bitcoin Wyckoff Accumulation Pattern

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Bitcoin Rewards: Safeway Partners with Lolli to Give BTC to Customers

Safeway will soon reward customers with up to 3.5% back in Bitcoin on all their purchases. The grocery chain has partnered with Bitcoin rewards shopping app Lolli in a bid to make Bitcoin a “part of everyday life.” Safeway and Bitcoin Rewards The new partnership, announced earlier today, has come as a surprise. Safeway announced that […]

Bitcoin Rises 5% Amidst Technical Rebound Signal

Bitcoin (BTC) may have been on a superb run for much of 2019, but in July, the cryptocurrency has run into trouble as a range of factors contributes towards wild price fluctuations. The launch of Facebook’s Libra and the skepticism expressed about it by such powerful figures like the head of the Federal Reserve, Jerome […]

Bitcoin Bull Dan Morehead Predicts BTC to Hit $42K By End of 2019

Bitcoin bulls are indeed out there. Most recently, Pantera Capital founder Dan Morehead, in a discussion with Unchained Podcast, said how he believes Bitcoin could hit $ 42,000 by the end of 2019. He even believes the digital coin has the potential to reach $ 356,000 within a couple of years. Nothing like some good faith […]

Bitcoin Extends Sell-Off as Facebook’s Libra Uncertainty Lingers

After having a rollicking rally during the first half of the year, Bitcoin (BTC) has had a forgettable time in the month of July, and the reasons behind the troubles are manifold. The announcement from Facebook (NASDAQ:FB) about its very own cryptocurrency Libra may have initially been thought of as a welcome addition to the […]

Tether (USDT) Surpasses Bitcoin for Exchange Activity

Tether (USDT) popularity has hit an all-time high in the cryptocurrency sector. The stablecoin is now the most traded virtual currency, accounting for 32% of trading activities in crypto exchanges. Bitcoin (BTC) held the mantle due to the multiple base pairs in use but not anymore. BTC currently accounts for about 30% of exchange activity. […]

Bitcoin Survey Shows Major Distrust Abounds for Facebook’s Libra

A new Bitcoin survey asking US citizens about Facebook’s (NASDAQ:FB) new Libra stablecoin has yielded some surprising results. When compared to leading cryptocurrencies, only 2% felt they would trust Libra more than Bitcoin. The results may surprise traders and also raise questions about Facebook’s newest endeavor. Bitcoin Survey A poll of 1,799 US adults was carried out […]

Bitcoin Falls Below $10K Again: Traders are Undecided

Bitcoin (BTC) has had a tough time for almost the entirety of the month of July after having gone through a highly impressive bull run during the first half of the year. As everyone knows, the $ 10,000 mark has become an important psychological point for the market now, and if the price of the […]