Bitcoin Price Drop Nets Bitfinex 'Whale' $10 Million in 5 Minutes February 16, 2020

Late Saturday night on Feb. 15, Bitcoin (BTC) price briefly reclaimed the $10K mark after a tumultuous day of trading that saw the price drop 5.35% to $9,853. The possibility of a downside break was enhanced by Bitcoin’s failure to hold above $10,330 and for the past 4 days $10,450 to $10,500 served as a […]

Bitcoin Price Hits $10,000 for the First Time in 2020 — Up 40% YTD February 9, 2020

Bitcoin (BTC) briefly hit $10,000 on Feb. 9, capping a momentous first month of 2020 to reach its highest level since October last year. BTC seals $10K after three months Crypto market weekly price chart. Source: Coin360 Data from Coinbase exchange and Cointelegraph Markets showed that shortly after 3:00 a.m. UTC BTC/USD moved to $10,000 […]

Tezos (XTZ) Outperforms Bitcoin Price With 80% Monthly Gain February 6, 2020

Since the start of the year Bitcoin (BTC) has gained approximately 41% and on Feb. 5 the crypto asset thrilled investors as the price broke through the $9,500 resistance and rallied to set a new yearly high at $9,745.  In light of Bitcoin’s strong trend reversal from its 2019 bottom at $6,400, there is a […]

Bitcoin Price Rallies to Set a 2020 High Near $9.5K – Is $10K Next? January 29, 2020

Bitcoin (BTC) price has rallied to $9,439 and bulls have again shown that they have no intention of letting the crypto market’s most valuable asset stay below the $9K mark.  Bitcoin daily price chart. Source: Coin360 Earlier in the day Bitcoin’s price dropped below $9,000 to a daily low at $8,879, which led some analysts […]

Bitcoin Price Breaks Through Key Resistance as Traders Target $9.2K January 28, 2020

Bitcoin daily price chart. Source: Coin360 Bitcoin (BTC) bulls appear to have found a second wind which allowed them to push the price above $9,000 to a daily high at $9,150.  As discussed in an earlier analysis, bulls had been fighting to hold the price above $8,800 throughout the day and multiple attempts at knocking […]

Bitcoin Price Blitzes the $8.5K Resistance as Bulls Target $8.8K January 27, 2020

As the weekly close approached, Bitcoin (BTC) price gained above $8,500 after spending the previous day trading in the $8,200 to $8,300 range. At the time of writing, bulls are attempting to push through the $8,500 to $8,650 resistance zone in order to inch toward a daily lower high at $8,800. Bitcoin daily price chart. […]

Bitcoin Price Rally Falters as Bulls Fight to Hold the $8.3K Support January 24, 2020

After three days of trading in a tightening range Bitcoin price (BTC) dropped below $8,300, stopping at $8,264 which is slightly below the $8,300 support and the 200-daily moving average (DMA) at $8,200.  Earlier in the day John Bollinger, the creator of the popular Bollinger Bands indicator, tweeted that the recent pullback should not alarm […]

Bitcoin Price Tightens as Traders Prepare for a Second Shot at $9.2K January 22, 2020

After a strong two week performance that saw Bitcoin (BTC) price rise from $7,700 to $9,200, the top crypto asset appears to be consolidating before making another attempt at $9,200. As this process takes place and Bitcoin’s dominance rate dropped slightly, many altcoins rallied with double-digit gains which brought many to test or even push […]

Crypto Winter to Spring: Key Factors That Brought Bitcoin Back to Life January 20, 2020

During the first couple of months of 2019, the price of Bitcoin (BTC) stayed put under the $4,000 mark, thereby solidifying fears that the market was indeed in the midst of a long crypto winter. Not only that, but all through 2018, this space witnessed the simultaneous collapse of around 2,000 cryptocurrencies — which lost […]

Bitcoin Price Breaks Above Key Resistance Levels as Bulls Target $8.6K January 14, 2020

Bitcoin (BTC) price has at last crossed above the $8,300 resistance, setting the digital asset up for a run at $8,500 and restoring bullish momentum to the current uptrend which has seen the price rise from $7,655 to $8,536 over the past week.  Cryptocurrency market weekly overview. Source: Coin360 For the second time in a […]

Bitcoin Price Rockets to $8,450 as Iran Attacks U.S. Bases in Iraq January 8, 2020

On Tuesday Bitcoin price continued the rally of the previous day by retaking $8,000 then pushing above the 200-day moving average for the first time since November 2019. The strong upside move also brought the digital asset above the long-term descending channel which formed on Jun. 25 and outside of today’s channel breach, Bitcoin had […]

Bitcoin Price Rallies 5.5% to $8K – Is $8.2K the Next Stop? January 7, 2020

On Monday during the U.S. evening trading session, Bitcoin (BTC) price continued its rally from $7,358 and at the time of writing the price pushed as high as $8,000. For the past week, traders have been closely watching to see if Bitcoin could flip $7,450 from a resistance to support and many suggested that sustained […]

Worst Bitcoin Price Prediction of 2019 January 1, 2020

To prophesize is a natural human tendency. Humanity applauds those who make the right prediction and also love to hate on people when they miss the mark, especially by ridiculously large amounts. For many years, the crypto industry has been prone to high fluctuations and volatility. Nobody can actually predict what will unfold in the […]

No More Bitcoin for Nordea Bank Employees, Experts Question the Motive December 9, 2019

An act of paternalism or a case of generic Bitcoin (BTC) distrust? It is hard to make out the exact reasons for Nordea Bank’s ban on its 31,500 employees trading in Bitcoin or other cryptocurrencies — even on their own time — a prohibition that was upheld on Dec. 2 by a Danish court. In […]

Doom or Double Bottom? — Bitcoin Price Support at $7.8K Is Key November 21, 2019

Bitcoin’s (BTC) price action continues to be less than impressive unless one is a bear capitalizing on the current shorting opportunities.  Bulls pinned their hopes on BTC price breaking out of the falling wedge in a strong upside move since the consensus was that this particular pattern tends to produce bullish outcomes more often than […]

ProtonMail Reveals It’s Been ‘HODLing’ Its Bitcoin Payments for Years November 18, 2019

Swiss-based email service, ProtonMail, has revealed on Nov. 16 that it hasn’t cashed in any of the Bitcoin (BTC) it has accepted as payment for its premium service in years.  The tweet was in response to a customer who complained that he felt guilty for spending Bitcoin ion a ProtonMail invoice instead of holding or […]

BBC: New Files Allegedly Connect $450M in Lost Bitcoin to Russian Intelligence November 16, 2019

$450 million worth of lost cryptocurrency from the now-defunct cryptocurrency exchange WEX may have been transferred to a fund belonging to Russian intelligence agency the Federal Security Bureau (FSB), according to an investigation by the BBC’s Russian Service published on Nov. 15. The BBC’s recent investigation into the BTC-e crypto exchange case, in which co-founder […]

Travel Company Allows Customers to Book Flights With Bitcoin November 14, 2019

Alternative Airlines, a travel company based in the United Kingdom, has partnered with cryptocurrency service Utrust to facilitate payments with crypto. On Nov. 13, the Swiss-based digital payments processor Utrust announced a new partnership with its first merchant in the travel industry, Alternative Airlines. The two companies plan to provide customers with the ability to […]

Dutch Court Orders Facebook to Remove Fake Bitcoin Ads November 12, 2019

A Dutch court has ruled that Facebook must remove Bitcoin (BTC)-related fraudulent investment ads following local billionaire and television producer John de Mol’s lawsuit against the company, Reuters reported on Nov. 11. De Mol initiated judicial proceedings against the social media giant in June 2019, claiming that Facebook failed to respond to multiple requests to […]

Bitcoin Price Gains Above $9.1K as Ether Looks to Rally to $285 November 11, 2019

To a new investor entering the crypto-space sights like today’s 3.5% pump to $9,141 is enough to make you giddy with excitement about the future of cryptocurrency. But is it that impressive? After all, Bitcoin (BTC) price was $9,300 last week, which is $200 higher than it is now. So let’s take a look at […]

Why Did Bitcoin Price Drop Below $9,000? A Pivotal Weekend Ahead November 9, 2019

Bitcoin price (BTC) fell 5% today to a new weekly low at $8,660, a point which is also below the 200-day moving average which has been acting as support since reclaiming it in the final week of October. Almost all other crypto-assets have also suffered a valuation loss against the U.S. dollar, but there has […]

Bitcoin’s Price Hovers Above $9,300, While Stellar Shows 20% Gains November 6, 2019

Tuesday Nov. 5 — Crypto prices continue to show upward momentum across markets, while Bitcoin (BTC) hovers around the $9,300 price mark and Stellar (XLM) takes a shot at the moon with gains of more than 20%. Cryptocurrency market daily overview. Source: Coin360 Bitcoin was trading close to the $9,400 price mark for a large […]

US Court Orders Dark Web Drug Dealer to Forfeit $150K in Bitcoin October 27, 2019

A United States court has ordered Christopher Bania, who recently pleaded guilty to drug distribution, to give up almost 17 Bitcoin (BTC) — worth roughly $150,000 at press time. The plea, order and sentencing Per the Oct. 19 order from a court in Wisconsin, Bania will need to forfeit “Approximately 16.91880054 Bitcoin seized from Bania’s […]

Michael Novogratz’s Galaxy Firm Is Launching New Bitcoin Funds October 25, 2019

Michael Novogratz, Galaxy Digital CEO and chairman, spoke to CNBC’s Squawk Box where he said that a new Bitcoin (BTC) fund was in the works. Novogratz alludes to new funds in interview On Oct. 24, Novogratz hinted that Galaxy Digital Asset Management has plans to launch a new Bitcoin fund to allow people easy access […]

Top-20 Coins Trade Sideways, Bitcoin Trades Around $8,200 October 22, 2019

Monday, Oct. 21 —  After turning green earlier in the day, cryptocurrency markets have been trading sideways, with Bitcoin (BTC) continuing to hover around $8,200, according to the data from Coin360. Cryptocurrency market daily overview. Source: Coin360 The leading coin, Bitcoin, is down 0.39% over the past 24 hours and is trading at around $8,186 […]