Bitcoin faced a strong drop into Friday. The cryptocurrency, after peaking at $40,000, fell as low as $34,000 in a flash drop on Friday morning. The drop was odd because the cryptocurrency was strongly underperforming altcoins. Normally, during Bitcoin corrections, Read More
Bitcoin Just Passed $40,000: Here’s What Investors Are Saying
Bitcoin just passed $40,000 after falling to $30,000 earlier this week. The cryptocurrency rocketed past this key support level in a rally on Thursday morning, eclipsing short-term price targets by many analysts. Bitcoin is up over 14% in the past Read More
Bitcoin Just Passed $37k—and Analysts Say the Bottom May Be In
Bitcoin has undergone an extreme rally over the past day, surging from the $33,000 region past $37,000 as of this article’s writing. The cryptocurrency now sits above $37,000 for the first time since the weekend and is up 10% in Read More
Ethereum Just Hit a Key Support Level: Here’s the Next Level to Watch
Ethereum has faced a strong correction after peaking near $1,350 last week. The cryptocurrency currently trades for $1,050, though fell as low as $950 on Monday due to an influx of selling pressure. During the drop, the funding rates of Read More
Bitcoin Just Recovered to $35,000 After Yesterday’s 25% Crash
Bitcoin is ripping higher despite yesterday’s correction. The cryptocurrency plunged as low as $30,000 yesterday as buying selling rapidly picked up on platforms such as Coinbase, analysts said. This came after Bitcoin peaked at $42,000 late last week. While Bitcoin Read More
All Eyes on the U.S. Dollar as Bitcoin Attempts to Recover – Bitcoinist.com
Bitcoin fell extremely hard over the weekend and into Monday after reaching $42,000 last week. The cryptocurrency’s drop came as the U.S. dollar index bounced around 0.7%. The recovery taking place now also coincided with a drop in the U.S. Read More
Billionaire Investor Mark Cuban: Bitcoin Market Looks Like Dotcom Bubble
Bitcoin has seen immense volatility over the past few weeks, slingshotting between key support and resistance levels on a daily basis. Monday’s price candle alone had an $8,000 range, which is the largest ever. just the ol 8k daily range Read More
On-Chain Analyst Explains What Caused Bitcoin to Plunge from $38k to $30k
Bitcoin faced an extremely steep correction on Sunday and Monday after last week’s surge to new all-time highs. The cryptocurrency fell as low as $30,000 after peaking at $42,000 last week. A large portion of Bitcoin’s drop was apparently a Read More
EOS Co-Founder Dan Larimer Resigns From Post as CTO of Block.one
Dan Larimer is resigning from his post as the chief technology officer of the development company Block.one. Block.one made history when it raised $4 billion worth of cryptocurrency for the initial Coin A coin is a unit of digital value. Read More
Bitcoin Reclaims Key Support Level After Drop to $34,500 – Bitcoinist.com
Bitcoin faced an extreme correction earlier today. Over the span of 12 hours, the cryptocurrency plunged from the $41,000 region to lows on spot exchanges close to $34,000 and lows on futures exchanges close to $35,000. BTC lost over 15% Read More
Bitcoin Explodes Past $37,500 Amid Rapid Recovery
Bitcoin plunged as low as $34,500 on top spot exchanges last hour as selling pressure picked up ahead of the weekly close. The cryptocurrency fell as low as $35,000 on futures exchanges as well, though spot sellers were leading the Read More
Elon Musk Jokes He Is Never Turning Down Getting Paid In Bitcoin
For years, Bitcoin investors have been asking Elon Musk, CEO of Tesla and SpaceX, if they can buy cars or tickets to Mars with the leading cryptocurrency. It’s become somewhat of a recurring meme, where whenever Musk mentions Bitcoin or Read More
Why SushiSwap (SUSHI) Is Surging 10% Higher Today
SushiSwap‘s native SUSHI token has surged higher over the past few days and weeks. As of this article’s writing, the cryptocurrency is up 10% in the past 24 hours, pushing to $4.50. SUSHI’s rally comes as Ethereum has been relatively Read More
Bitcoin Breaks $40,000, Then Quickly Retraces to $37,500
Bitcoin has been erupting higher in spite of the chaos in the U.S. capital. The leading cryptocurrency just moved past $40,000 for the first time ever, reaching prices 100% over where the cryptocurrency was just weeks ago. BTC has since Read More
Bitcoin Market Is In Bubble Phase, Says Economist on CNBC
Bitcoin remains up over 100% in the past six weeks despite the ongoing correction. Many think that BTC will continue higher in the weeks ahead. One market economist is bearish on Bitcoin, though. He says that the cryptocurrency is likely Read More
Ethereum Price Explodes Past $1,100 as Bitcoin Stagnates
Ethereum is in the midst of rocketing higher despite stagnation in the Bitcoin price. Just minutes ago, the cryptocurrency pierced $1,100 after holding the $1,000 price level. Chart of ETH’s price action over the past few weeks from TradingView.com. ETH Read More
Ethereum Just Tapped $1,000 Amid Colossal 30% Rally
Ethereum has shot higher over the past 24 hours as Bitcoin has tried to consolidate after a 10% New Year’s Day rally. ETH is now up around 30% in the past 24 hours, pushing to $985 per Coin A coin Read More
Bitcoin Price Shoots to $34,000 Despite Saturday’s Drop to $30,000
Bitcoin trades at $33,950 as of this article’s writing. The cryptocurrency traded above $34,000 just minutes ago and is attempting to consolidate around the current price points. This rally comes despite a strong drop earlier on Saturday that took the Read More
Here’s Why Analysts Think Ethereum Will Soon Move Toward $800
Ethereum has underperformed Bitcoin as BTC has pushed past $33,000 today. ETH is up 8% in the past 24 hours while BTC has gained over 11%. Despite the relative underperformance, analysts soon think that Ethereum will catch up to the Read More
Bitcoin Plunges 8% to $30,500 Amid Rapid Weekend Price Action
After peaking at $33,350 earlier today, Bitcoin plunged as low as $30,000 on leading exchanges just minutes ago. Yet in spite of this rapid sell-off, buyers have stepped in to buy the dip. BTC now trades for $31,300 and is Read More