Bitcoin bulls should prepare for its price to drop into the $35,000-40,000 area, per an apprehensively accurate fractal. First highlighted by TradingShot, an independent crypto trading consultancy, the fractal relies on a flurry of technical indicators to make its short-term bearish case. They include a so-called pitch-fan, three moving averages, […]

Although the Bitcoin price went as low as $44,845 on Bitstamp yesterday (February 23), some annoucements that were made later in the day seem to have helped Bitcoin get above $50K, thereby calming the crypto market’s nerves. According to data by TradingView, although Bitcoin started Tuesday (i.e. 00:00 UTC) around […]

The CEO of Nasdaq-listed business intelligence firm MicroStrategy, Michael Saylor, has revealed the market value of bitcoin will surpass $100 trillion in the future, and that the cryptocurrency will become a “stabilizing influence” for the global financial system. Speaking on CNBC’s “Squawk Box,” Saylor said there is a $500 trillion […]

Bitcoin has been doing extremely well as of late. The currency recently spiked as high as $56,000 per unit, and the world’s number one digital currency is now enjoying a total market cap exceeding $1 trillion. The asset has been on a serious momentum hike, and it doesn’t look like […]

Bitcoin crashed by 17% on Monday from an all-time high of $58,330 on Sunday to below $45k. The dramatic drop in price has been attributed to massive selling pressure when the top coin approached the critical $60K level. The reverse price action has left many mixed feelings in the crypto […]

Bitcoin has been doing extremely well as of late. At the time of writing, the world’s number one digital currency by market cap has shot beyond the $56,000 mark, and it looks like the currency isn’t set to slow its momentum anytime soon. Bitcoin Is Continuing to Explode Recently, bitcoin […]

Corporate banking company BNY Mellon revealed it is working with a different entity for its digital asset custody services, although it did not specify any group. Fireblocks Rumor However, according to Coindesk, the investment giants are working with Fireblocks in holding cryptos in their client’s capacity. BNY and Fireblocks have […]

As the prices of most cryptocurrencies plunge, former Goldman Sachs executive and Real Vision CEO Raoul Pal revealed he feels relief when prices drop as he switches into “buy the dip mode.” March, he said, is a historically weak month for cryptoassets. On Twitter, Raoul Pal revealed, however, he is […]

Bitcoin abruptly dropped from a high of $58k reached on Sunday to a value of $47k on Monday 22 February for one of its biggest-ever corrections in dollar terms, dragging the rest of the crypto market down with it. When the dust settled, Bitcoin initially rose back up to $53k […]