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Bitcoin Fractals May Indicate Next Move as Consolation Continues

Another day has passed with very little activity on Bitcoin markets. The king of crypto continues to consolidate as its trading channel tightens up in anticipation of another big move. Technical indicators may give us a clue as to which direction BTC will take next. Another Week at Support For Bitc..

Almost 7% of Bitcoin’s Circulating Supply Resides in Exchange Wallets, Demand for “Hard Assets”...

Nearly 7% of Bitcoin’s (BTC) total circulating supply resides in the wallets of eight major digital asset exchanges, according to The Token Analyst. On October 8, the Token Analyst noted via Twitter that throughout Bitcoin’s history, the amount of the most widely-used crypto assets stored on exchan..

French Government-owned Bpifrance Joins Lightning Network Developer ACINQ’s $8 Million Investment Round

Veronique Jacq, managing director of the Digital Investment Unit at Bpifrance, says that the institution is “convinced that bitcoin is becoming more and more obvious.” Jacq, who heads the partially state-owned French investment bank, stated that bitcoin is gradually becoming an important part of th..

Analysts Expect “Big” Bitcoin Price Moves Soon; Will Bulls Step In?

While traders have made much ado about recent price action in the Bitcoin (BTC) market, volatility, in reality, has been extremely low; It’s been over two weeks since the cryptocurrency market has seen a bout of massive volatility — something that is can be improbable in bull and bear macro trends. ..

Bitcoin Price to Soon Recover Further: Bullish Fractal Still In Play

On Sunday, Bitcoin (BTC) found itself suffering, with bulls failing to step in to save the cryptocurrency from falling through the ever-important $8,000 support level. The price action was so bad that by Monday morning, BTC reached $7,800 — a key level that analysts said would be a “make or break” m..

Why This Billionaire is Skeptical of Bitcoin & Crypto

Crypto Assets Aren’t Viable Crypto assets have been lauded as the future by many Silicon Valley technologists and investors. They believe that this new asset class holds the keys (pun intended) to unlocking another round of technological innovation. However, not everyone in the upper echelons of Co..

Bitcoin Hash Rate Slows Uptrend as Fire Scorches Mining Farm

Ouch, Crypto Mine on Fire While Bitcoin is a digital coin, it has a physical component: nodes and miners. A network of tens of thousands of mining machines constantly process transactions and place them into blocks, creating a chain. Due to their physicality, these machines are susceptible to risk...

JP Morgan on What Caused Bitcoin Price Crash to $8,000

Bitcoin (BTC) hasn’t had the best week. In fact, the cryptocurrency is set to close down some 20% on the week, which is one of the asset’s worst performances since the bearish capitulation seen in November of last year.A bit late to the party, JP Morgan recently came out with its analysis of the ..

Bitcoin Price Collapse Triggered by Bakkt, Perpetuated by BitMEX: Analyst

Why is Crypto Down? This week hasn’t been too nice to Bitcoin. Since the start of the week, the leading cryptocurrency has lost some 20%, failing to break up from a long-term price triangle. This dramatic move — which came as there were optimists calling for Bitcoin to break higher to $20,000 — has..

Trump Says The R-word – How Bitcoin Wins From Recession and The Thucydides Trap

The R-word – recession – passed the lips of US president Donald Trump yesterday, and despite recent price action, that’s a positive for bitcoin. The consensus of analyst opinion is that there will not be a recession in the US this year or next. But, as we shall see, those comforting findings do n..

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