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April Fools, Celebrity Scams, & Manipulated Markets: Bad Crypto News of the Week

AUDIO Bitcoin seems to be settling happily above $6,000 and is currently just north of $6,500 again. Let’s hope we’ve seen the last of those $5,000 movements and we’re ready for a steady climb back to double figures before the halving in mid-May. It’s getting closer. In the meantime, the Federal R..

Billionaire Optimistic On Bitcoin as a ‘Flight to Safety’

News In an interview with Morgan Creek Digital founder, Anthony Pompliano, Chamath Palihapitiya, billionaire CEO of venture capital firm, Social Capital, said that now could be Bitcoin’s time to shine. “I think Bitcoin needed a moment like this for it to be relevant,” Palihapitiya said. “It’s stil..

Bitcoin Price Struggling to Break $7K — Here’s the Worst-Case Scenario

Market Analysis The price of Bitcoin (BTC) has seen a relatively stable week, as BTC/USD has been hovering between $6,000 and $7,300. However, due to the low volatility, the volume also diminished, which is a sign of a big move in the works. What can be expected of the markets while the coronaviru..

Bitfinex Supplied ‘Most’ Liquidity During $3.7K Bitcoin Crash — Report

Markets News Bitcoin (BTC) saw a “flippening” during its price crash to $3,700 last month — something that could reveal a new uncomfortable truth about exchanges. In its March Exchange Review released this week, monitoring resource CryptoCompare highlighted liquidity as a key metric which changed ..

Bitcoin Price Analysis: After Failing to Reclaim $7,000, What’s Next for BTC?

In brief: Bitcoin exhibited some bullish momentum earlier on in the week. BTC traded briefly at $7,200, dropped below $7,000 and then attempted, with no success, to reclaim this level as support. However, we are back in familiar territory with $6,900 being the level to overcome once again. On April..

Bitcoin Stays Below $7K as Tone Vays Predicts Price Breakout in April

Market Update Bitcoin (BTC) began the day down 2% on April 4, but one trader remained confident in a bullish scenario unfolding next week. Cryptocurrency market daily overview. Source: Coin360 Vays: I’ll buy BTC at $6,400Data from Coin360 and Cointelegraph Markets showed BTC/USD failing to establ..

This Historically Accurate Pattern Suggests Epic Bitcoin Plunge to $3K

Markets News The short-term trend of the Bitcoin (BTC) price since its drop to $3700 shows an Elliot Wave pattern forming on lower time frames. While the pattern can reverse to a bullish trend, the declining volume of BTC suggests it is not likely. The Bitcoin price has been ranging in between $5,..

Coronavirus & Bitcoin Price: Is China Losing Its BTC Mining Monopoly?

Markets News This week the price of Bitcoin (BTC) surged more than 15%, reaching a high at $7,200 before pulling back into the $6,800 range. Despite the recovery, Bitcoin still has a way to go in order to reach the $8,000 level seen before the coronavirus-triggered selloff on March 12. Cryptocurr..

Binance Shelters Against Job Losses During Global Pandemic

News While global unemployment continues hitting new highs amid the coronavirus pandemic, the cryptocurrency industry is stepping in to shelter job losses, with some of the biggest companies in the space announcing their intention to hire new employees. Binance, the world’s largest cryptocurrency ..

2 Reasons a Deeper Correction in Stocks May End Bitcoin’s Rally to $8K

Markets News The Bitcoin price (BTC) rallied to around $7,300 on April 3, and BTC is still holding onto the $6,700 support level, meaning the price could push the dominant cryptocurrency to the $8,000 area. But, a highly accurate hedge fund manager’s stock market warning could rattle the cryptocur..

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