Tag Archives: BTC

Bitcoin Price Analysis: BTC/USD Long-Term Outlook Strongly Bullish

Bitcoin Price Analysis: BTC/USD Long-Term Outlook Strongly Bullish

Bitcoin Price Analysis: BTC/USD 4-hour chart Looking at the 4-hour chart, Bitcoin has continued to trend higher while forming higher highs and higher lows within an upside channel. The initial resistance rests at $4,037, which happens to be Wednesday’s high. The next resistance is formed by the upper line of the rising channel roughly at […]

Crypto Lender BlockFi Cuts Interest Rates Paid to Largest Account Holders

Crypto Lender BlockFi Cuts Interest Rates Paid to Largest Account Holders

BlockFi has changed the terms of its interest-bearing cryptocurrency deposit account just weeks after launching it. Beginning April 1, for accounts with more than 25 bitcoin or 500 ether, BlockFi will pay only 2 percent, not the originally advertised 6 percent, according to an email sent to customers March 20 and a company blog post that same […]

Mt Gox Creditors Warn Mass Sale Could Put Bitcoin Fork Prices At Risk

Mt Gox Creditors Warn Mass Sale Could Put Bitcoin Fork Prices At Risk

Mt. Gox Legal, a group of around 1,000 creditors of collapsed crypto exchange Mt. Gox, has prepared a draft proposal representing its consensus on how the exchange’s remaining assets should be paid out, according to a document obtained by CoinDesk. Mt. Gox trustee, Nobuaki Kobayashi, released new details this week on the amounts of secured cryptocurrency (in bitcoin and bitcoin […]

Major Cryptocurrencies See Slight Gains, Palladium Hits $1,600 for The First Time

Major Cryptocurrencies See Slight Gains, Palladium Hits $1,600 for The First Time

Tuesday, March 19 — cryptocurrency markets are mostly trading in the green zone, with Bitcoin (BTC) hovering above the $4,000 mark. Market visualization from Coin360 During the day, BTC has been trading in a narrow corridor between $4,031 and $4,082. At press time, the leading coin is trading at around $4,059, up around 0.62 percent on […]

Bitcoin [BTC]: Tom Lee predicts three possible scenarios for Bitcoin’s price if it catches a macro tailwind

Bitcoin [BTC]: Tom Lee predicts three possible scenarios for Bitcoin’s price if it catches a macro tailwind

Thomas Lee, the Co-founder of Fundstrat, well-known for his Bitcoin price predictions and in-depth understanding of the Bitcoin markets, tweeted about the relationship between emerging markets and the price of Bitcoin. According to his tweet, Bitcoin needed to pump up to $10,000 to $20,000 to catch up to the equities. Tom Lee tweeted, “CRYPTO (1/2): […]

Bitcoin Cash [BCH] Gains 24% Over The Weekend; Bottom on BCH Called By Leading Analyst

Bitcoin Cash [BCH] Gains 24% Over The Weekend; Bottom on BCH Called By Leading Analyst

Bitcoin Cash (BCH), the instantaneous low-cost fork of Bitcoin has gained 24% in value over the weekend and 6% on the daily index. While Bitcoin has been unable to break past the $4100, the alternative Hard Fork seems to be gaining traction. The 24-hour trading volume on BCH also exceeded 500 million dollars in the past […]

Bitcoin Will Soon See ‘Bull Cross’ in First Since August 2018

Bitcoin Will Soon See ‘Bull Cross’ in First Since August 2018

View Bitcoin’s 50-day moving price average could soon move above the 100-day moving average, confirming its first bullish crossover in seven months. While the bullish crossover is a lagging indicator, the current slope of the MAs is signaling bearish exhaustion. So, bitcoin could rise toward $4,236 (Dec. 24 high) in the near future, as suggested by other […]

Social Trading Giant eToro Adds Crypto Buying and Selling in 31 US States

Social Trading Giant eToro Adds Crypto Buying and Selling in 31 US States

Israel-based social investing platform eToro has launched a cryptocurrency trading platform and wallet service in the U.S. The firm announced Thursday that the new platform allows U.S. customers from 31 states and territories to trade 13 unspecified cryptocurrencies. Multi-asset trading is also scheduled for launch in Q1 of next year. eToro’s “social” model allows users to […]