Tag: bitcoin news
Bitcoin (BTC) Could be Tested By Another Stock Market Dip Due to the Coronavirus
In brief:
Today, the US has surpassed China in confirmed cases of the Coronavirus. A total lockdown might be the only option left to curtail the spread of the disease in North America. The Stock markets might experience another dip due to technical and fundamental factors. Bitcoin (BTC) might thus ..
Why the Binance Crypto Card is Bullish for Bitcoin (BTC) and BNB
In brief:
Binance has announced the launch of the Binance Card that allows users to shop and pay with crypto anywhere VISA is accepted. Binance Card will initially be a virtual card in a Beta version of the new service. Users can only top up using Bitcoin (BTC) and Binance Coin (BNB). The team at B..
Bitcoin (BTC) Removed as a Payment Option on DLive, Replaced by Tron (TRX)
In brief:
Tron bought DLive in December 2019. DLive was soon integrated into the BitTorrent ecosystem. Bitcoin (BTC) has now been removed as a payment option on the Livestreaming platform and has been replaced by TRX, BTT and TRC-20 USDT. Back in December 2019, the Tron Foundation acquired the popu..
Bitcoin (BTC) Needs to Overcome These 2 Hurdles Before Breaking $7,000
In brief: The US Congress finally agreed to a $2 Trillion stimulus package. Bitcoin (BTC) reacted positively to the news and traded briefly at $6,960, Binance rate. However, the $6,900 resistance area and the CME Bitcoin futures expiry this week, might delay BTC from reclaiming $7,000 and turning it..
Capitulation: Bitcoin Falls Off a Cliff to $5,600, Crypto Now in “Uncharted Territory”
There’s no other way to put it: Bitcoin has fallen off a cliff.
The cryptocurrency, over the past few hours, has plunged from a comfy price above $7,700 (which now seems extremely high) to as low as $5,600 in the span of a few 15-minute candles. This crash, which caught many traders aback, liquidat..
Here’s Why Bitcoin Could Rip to the Upside, Moving Past $8,000
Over the past few hours, Bitcoin has mounted a comeback; after falling as low as $7,590 in step with a similar drop in the price of equities, the cryptocurrency surged towards $7,900.
While some say this is just volatility, there is purportedly evidence that an uptrend is forming, one that could ta..
Despite 25% Correction From Bitcoin’s Peak, Top Analyst Still Expects a Great 2020
Despite the slight recovery, Bitcoin remains decisively down on the week, trending far lower since the $9,200 high was established on Saturday. In fact, from the local top, the cryptocurrency has lost 12%, and over 25% since February’s $10,500 top, dramatically underperforming traditional markets in..
Bitcoin Tanks as Low as $7,700 In Brutal Sell-Off: Is There Hope of Recovery?
Since our last market update, Bitcoin hasn’t fared any better; just minutes ago (as of the time of this article’s writing), the cryptocurrency was trading at $7,700 — the lowest the asset has traded at since mid-January, amid the breakout that brought it as high as $10,500.
This means that at the w..
If This Happens, There’s a High Chance Bitcoin Bottomed at $8,200: Analyst
Bitcoin really hasn’t done too well over the past 24 hours. After peaking at $9,200, the leading cryptocurrency has fallen lower and lower, reaching a price as low as $8,150 (the lowest in literal weeks) on Sunday.
Despite this, there remain some prominent analysts that suggest BTC is in the midst ..
Bitcoin (BTC) Plunges to $8,300; Here’s What Analysts Are Thinking
Bitcoin really hasn’t done well over the past day. After printing a false breakout candle on Saturday that brought the price of the asset to $9,200, there was a rapid and violent reversal. What followed was a dramatic and steep downtrend that has taken the price of BTC as low as $8,300 just last hou..
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