As we go into a new week, Bitcoin (BTC) maintains its low-volatility momentum around $19,000. However, the benchmark cryptocurrency continues to trade above the round since yesterday but lacks any follow-through strength. The cryptocurrency recorded a high of $19,350 over the weekend. Meanwhile, the total cryptocurrency market cap has risen by $20 billion over the […]
The first time I set my eyes on a Meta Trader platform, I doubted I would be able to master its use, since the figures and features I saw seemed daunting to me. When I even heard about candlesticks, I didn’t know what it meant. Stupefied, I wondered whether I’d need to light some candles […]
Just ten months after the Supreme Court in India removed the ban placed by the Reserve Bank of India on cryptocurrency trading, fresh reports show that the country’s taxation authority has picked interest in cryptocurrency traders, as Bitcoin (BTC) continues on its bullish rally. Local media report that the Indian Tax Department already has data […]
Bitcoin (BTC) has recovered from a fresh selloff earlier this week, in which the cryptocurrency fell $1,600 in a few hours and fell to a low of $18,100. Despite worries that the benchmark cryptocurrency is yet to close the substantial CME gap between $18,275 and $16,995, bulls have secured Bitcoin firmly above the $19,000 level. […]
The long-term bullish prospects of Bitcoin (BTC) have just gotten a boost, following investors’ latest stance on the long-dated Treasury notes. According to a recent Wall Street Journal report, investors expect the Federal Reserve to begin a long-term US bond-buying campaign, after its next policy meeting in December. This is as a result of the […]
Bitcoin (BTC) has recorded yet another massive whipsaw, as the price got closer than ever to the highly-coveted $20,000 all-time high across exchanges. However, this rally soon turned into a “bloodbath” for bulls as the price dropped sharply, causing hundreds of millions of dollars to seep out of the cryptocurrency’s market capitalization within a few […]
Despite the recent bullish recovery from the Thanksgiving “massacre” by Bitcoin (BTC), analysts from JPMorgan Chase & Co expect a steep decline for the cryptocurrency soon. The strategist highlighted some factors that could play crucial roles soon for the benchmark cryptocurrency. A recent JPM analysis, led by Nikolaos Panigirtzoglou, noted that the Thanksgiving crash has […]
Bitcoin (BTC) has recorded a decent bullish uptick over the past 48 hours, as bulls aim at getting the bull rally back on track following the recent market-wide selloff. Meanwhile, the next directional trend will be a key determinant considering that the close of the weekly candle is approaching swiftly. The point of closure for […]
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 […]
