Bitcoin (BTC) just underwent a 2018-like selloff after BTC whales sprang up at exchanges to profit on Thanksgiving eve. Data from blockchain analytics firm IntoTheBlock illustrated that whales dumped more than 93,360 BTC (worth around $1.6 billion) across several centralized exchanges after the benchmark cryptocurrency peaked around $19,500 two days ago. According to the analytics […]
Bitcoin (BTC) has suffered an unexpected drop by close to $3,000 over the past few hours. We have compiled a few factors we think precipitated this crash. 1- OKEx resumed facilitating withdrawals today, after an extended period of locking up investors’ funds on the exchange. This halt happened after the founder of the company was […]
Bitcoin (BTC) is now just a few hundred dollars away from reaching a new all-time high, as it continues to maintain its bullish undertone. That said, the closer the benchmark cryptocurrency gets to its $20,000 peak, the more bullish altcoins will react. This week, BTC broke the $19,000 mark for the first time this year […]
Bitcoin (BTC) remains in the business of recording new year-to-date highs, as the cryptocurrency finally crosses the $19,000 benchmark after a slightly-extended waiting period, taking it closer to its $20,000 target. The fresh surge in volatility has triggered immense trading traffic across all BTC markets—especially the Bitcoin futures market. Data from the cryptocurrency market and […]
Bitcoin (BTC) has been on a bullish roll since early October, which has seen the cryptocurrency break several yearly highs. The most recent bull rally took the benchmark cryptocurrency to the edge of $19,000, almost doubling its price in just under two months. Such performance from any asset class attracts investors in their thousands, and […]
Despite the relative quietness of the equity markets, the Bitcoin (BTC) market has been very eventful. The benchmark cryptocurrency has gained more than 70% over the past five weeks, while stock indexes like the S&P 500 have only recorded meager gains in the same period. The price dynamics in BTC against other assets have spurred […]
Bitcoin (BTC) continues on a strong upwards trajectory for the seventh consecutive week now, defying all odds and market norms. At this point, one could say that the cryptocurrency has reentered a “price discovery” mode again after three years. However, even if that isn’t the case, this prevailing bull rally has brought the benchmark cryptocurrency […]
After an epic surge that caused it to rally close to its all-time high yesterday, Bitcoin (BTC) is starting to show signs of a slow down. Although BTC appears to have entered a consolidation, there is still the likelihood that the cryptocurrency could see a fresh leg up. However, there is also the likelihood of […]
The past 24 hours have been nothing short of a roller coaster ride for Bitcoin (BTC). The benchmark cryptocurrency was trading at $16,600 yesterday before carrying out what many believed to be a significant rally to the $17,850 area. At that time, this price point became the new year-to-date high. As impressive as this move […]
