The first woman to gain more than a million YouTube subscribers is now going all-in on bitcoin to promote financial freedom to her loyal fanbase. “I kind of view bitcoin as similar to YouTube, which…
Bitcoin price rally to $12K is meaningless until…
On Tuesday Bitcoin (BTC) bulls mustered enough strength to push BTC price slightly above the $12K mark, a level not seen since Sept. 1. Cryptocurrency daily market performance snapshot. Source: Coin360The move occurred after Monday’s…
Fed Chairman Claims ‘Now Is Not the Time’…
According to the Federal Reserve Chairman, Jerome Powell, the road to economic recovery is far from over and the Covid-19 pandemic has fueled the tragedy. During his speech at the National Association for Business Economics…
Trump Stimulus Tweet Sends Bitcoin Price Plummeting $200…
Bitcoin price just tanked just as US President Donald Trump crushed hopes of the stimulus round two. In just 20 minutes from the time the President tweeted, the price of the leading cryptocurrency plunged $200.…
COVID-19, Trump, KuCoin, BitMEX: Bitcoin price says keep…
Bitcoin (BTC) price appears on the verge of closing another week pinned below the $11,000 resistance but given the major events of the week, things could have been so much worse. Cryptocurrency daily market performance…
Three key reasons Dow plunge wont cause a…
The United States stock market plunged as the Dow Jones Industrial Average (DJIA) dropped 358 points in pre-market trading. The Bitcoin (BTC) price dropped to as low as $10,374 across major exchanges, but a larger…
Bitcoin, Dow Futures Slid As Trump Tests Positive…
Bitcoin plunged alongside the US stock futures in early morning trading on Friday after Donald Trump revealed that he and his wife Melania tested positive for coronavirus. Tonight, @FLOTUS and I tested positive for COVID-19.…
Bitcoin price hits $11,100 wall and drops 6%…
The price of Bitcoin (BTC) brutally rejected the $11,100–$11,300 resistance range with a 6% drop. Following the steep pullback, analysts remain cautiously optimistic toward BTC and the rest of the cryptocurrency market. Analysts have generally…
How The Dollar (DXY) Index Is Responsible For…
Bitcoin price is down $800 in just over 24 hours, and elsewhere in the finance space, there is pure carnage. Gold fell below $1900, and stocks are downward spiraling. And behind it all is the…
Turbulent Crypto Markets Expected – 87K Worth of…
Markets are expected to be volatile this week, as a great number of bitcoin and ethereum options are set to expire this Friday. Data shows more than 87,000 bitcoin options will expire and 77% of…
US Stock Indices Dow Jones, SPX Tank, Taking…
Bitcoin has been collapsing after failing to hold $11,000, and it could be thanks to negative sentiment surrounding a tanking stock market that’s taking the crypto market down in tandem. Here’s why things could get…
“Unusual” BTC Miner Outflow Could Behind Today’s Bitcoin…
Bitcoin as a cryptocurrency underpinning a blockchain network secured by miners leaves the asset’s price susceptible to sell pressure from the very parties that keep it chugging along. It very well could be BTC miners…
Can Crypto Become a Blessing in Disguise for…
The economic crisis caused by the new coronavirus pandemic has wreaked havoc on most industries and asset classes, with only individual industries and safe-haven assets seeing growing profits. The cryptocurrency market was no different: in…
Don’t Panic: Crypto Market Collapse Was “Profit-Taking” and…
After reaching a point of extreme greed, the crypto market in a flash turned to fear. But investors shouldn’t panic––according to stock market analysts, the recent crash was normal profit-taking and portfolio rebalancing. Could that…
Sub-$10K Bitcoin price caused $653M open interest drop,…
Bitcoin (BTC) futures open interest just had its most extensive daily reduction in five months. Yesterday's 11% drop move caused more liquidations than May 9 when BTC plunged 12.5% to $8,600. BTC futures open interest…
Price analysis 9/4: BTC, ETH, XRP, LINK, BCH,…
The Nasdaq, S&P500 and Dow all corrected sharply on Sep. 3 and opened today with additional downside, suggesting that traders are rushing to the exit. Bitcoin (BTC) and several other major altcoins have also witnessed…
Bitcoin Sells Off At $11.8K ahead of Powell…
Much of Bitcoin’s short-term market bias now hinge on the outcome of the virtual Jackson Hole meeting at the end of this week. The benchmark cryptocurrency showed signs of weakness ahead of the event. It…
Milestone Reached as Total Value Locked in DeFi…
Decentralized finance reached a new milestone over the weekend as the Total Value Locked (TVL) in DeFi broke $6 billion for the first time. What’s more, the rate of DeFi growth is reflecting the explosion…
How JP Morgan’s Stock Strategy Could Translate To…
Following Bitcoin’s big breakout weeks ago, its never been easier to make money across the crypto market. The same is being said by JP Morgan analysts about the stock market, based on one key strategy.…
Bitcoin, Gold Prices Drop as Trump Praises ‘Big…
After an exciting weekly close which saw Bitcoin (BTC) price rally above the $12K mark for the second time this month, the digital asset has lost momentum and slipped below $11,600 The former resistance level…
Global Stocks in ‘Bubble Territory’ — But Bitcoin…
According to the Buffett Indicator, the global stock market has entered a “bubble territory,” says Welt market analyst Holger Zschaepitz on Aug. 9. The recent correlation between Bitcoin and stocks could mean BTC is also…
Bullish Bitcoin Price Trend Intact Even After BTC…
Bitcoin (BTC) price swiftly fell to $11,322 after reaching a daily high at $11,909 The drop came as U.S. jobless claims fell to $1.2 million but lawmakers inability to reach a deal on the next…
Bitcoin Price Briefly Crashes to $11.2K After US…
The price of Bitcoin (BTC) dropped to $11,219 on Bitstamp on Aug.7 after the U.S. stock market declined. BTC recovered quickly from the brief crash, stabilizing at above $11,600. The price of Bitcoin drops steeply…
Crypto Fear and Greed Index Turns to Extreme…
Some analysts renewed their expectations of a crypto bull run following Bitcoin’s 11% gains yesterday. Resistance at the $10.5k level has proven difficult to break, having been rejected there on several previous occasions. But yesterday’s…
Will Bitcoin’s Weekend Push Past $10k Break the…
The price of Bitcoin caught an unexpected bullish wave over the weekend: after sitting between $8,500 and $9,500 for around two months, the price of Bitcoin finally pushed over the $10,000 mark. The The abrupt…
Bitcoin Price Rises to $9,500 as $2 Trillion…
Within the last hour Bitcoin (BTC) price broke out of its sideways range to briefly push above the $9,500 level. The move comes after a slight uptick in daily trading volume since Monday (July 20)…
Is The Greater Global Stock Market Once Again…
Bitcoin has been consolidating below resistance for months now, waiting for a spark to ignite an explosion in either direction. Due to the ongoing correlation between BTC and stocks, a crashing global stock market could…
Stocks, Greed and Exuberance: 5 Things to Watch…
Bitcoin (BTC) begins Monday by avoiding another test of $9,000, but what could happen to change the mood or even set off a bull run? Cointelegraph takes a look at five major facts that could…
Bad Day for Stocks Sends Bitcoin Price Below…
Today Bitcoin (BTC) price abruptly dropped 2.93% to $9,160 before traders stepped in to push the price back to the $9,200 level. Crypto market weekly price chart. Source: Coin360 The mild correction occurred as the…
Bitcoin Price Touted to End Stagnation in Style,…
As the global economic engine continues to reel from the effects of the slowdown induced by the novel coronavirus, it’s still not clear how much devastation the pandemic has actually caused. For example, due to…
Bitcoin Price Stalls Below $9.2K but Data Shows…
Earlier today Cointelegraph reported that “Bitcoin (BTC) price recorded its strongest second quarter performance in history” despite a startling crash to $3,750 on March 13. Data from Skew also shows that Bitcoin currently has a…
Bitcoin Risks Breaking $9K as JP Morgan Warns…
Bitcoin price risks breaking to the downside as strategists warn of a correction in the U.S. stocks. Analysts at JP Morgan & Chase predicted that pensions funds would most likely dump $170 billion worth of…
Gold Vs. Bitcoin: $2.8B Fake Bullion Scam Highlights…
The Bitcoin (BTC) versus gold debate rages on this week as reports reveal fake bars fuelled a $2.8 billion corruption scheme. As Chinese media outlet Caixin reported on June 29 via Nikkei, a loans deal…
Bitcoin Risks 20% Drop as Outlook for ‘Stimulus…
The Dow Jones plummeted by 2.84% on June 26, recording a 9.27% fall since the month’s peak. As risk-on assets face the fear of a correction, the vulnerability of a near-term Bitcoin (BTC) price pullback…
First Mover: What’s Going On With Bitcoin Derivatives?
There’s a strange trend in crypto derivatives right now: volumes have dropped precipitously, just as open interest has boomed. What’s going on? Since the May 11 halving event, trading volumes in crypto futures has fallen…
4 Reasons Bitcoin Price Suddenly Slid Below $9K,…
The price of Bitcoin (BTC) dropped below $9,000 from $9,660 within seven hours. The 7% plunge comes as $55 million worth of long futures contracts were liquidated on BitMEX. Four factors are likely behind the…
A $9,000-Retest Likely for Bitcoin as BTIG Relays…
Bitcoin is at risk of plunging towards $9,000 on a negative outlook for the S&P 500 index. Wall Street firm BTIG LLC has warned that the U.S. benchmark could correct towards the lower end of…
Bitcoin Expects to Hit $9,800 on Strong Retail…
Bitcoin expects to extend its recovery rally towards $9,800 as the U.S. futures grows further. Both Bitcoin and the U.S. stocks have fallen and risen in tandem since the beginning of this week. Expectations of…
Why Bitcoin Suddenly Dropped 6% on Thursday
The week-long calm in the bitcoin market ended with a sudden $800 price drop on Thursday. The over-6% drop saw the top cryptocurrency by market value register its biggest single-day decline in two weeks, according…
70% Chance Bitcoin Reclaims $11.8K by July 2020;…
Bitcoin rallied Friday, reversing a minor portion of its losses incurred during the yesterday’s sell-off. The cryptocurrency retraced upward from a convincing support trendline. It now appears to be trending inside a technical pattern, which…
Bitcoin Slides As Greater Financial Market Is a…
Most major stock indices have collapsed under the pressure of the struggling economy. Whether it is due to the continued correlation between Bitcoin and stocks, or just general market sentiment turning bearish, the leading cryptocurrency…
Tesla Stock Soars Above $1,000, Surpassing Bitcoin’s Market…
Today the value of Tesla stock set a new record high at $1,027, bringing the market capitalization to $188 billion, and also surpassing the total market cap of Bitcoin (BTC), which hovers at $181 billion.…
Analysts Think the Stock Market Has Peaked; Why…
The stock market has been caught within an intense uptrend over the past couple of days while Bitcoin consolidates within the upper-$9,000 region. The ongoing equities rally has come about due to renewed hopes of…
Why Nasdaq Setting A New All Time Could…
Bitcoin price continues to fail to breach above $10,000 and hold. The last time the cryptocurrency held for consecutive daily closes above the key level, was in February 2020 before the Black Thursday collapse. During…
Bitcoin At Risk of Correction at $9.1k as…
Bitcoin is holding its intraday gains above $9,100 on Thursday. But the cryptocurrency risks downside correction as the U.S. futures hint at a shaky start after New York opening bell Thursday. The unsteadiness surfaced as…
Falling Wedge Breakout Propels Bitcoin Price Above Key…
Within the past few hours Bitcoin (BTC) price managed to press through the $9,200 resistance level to $9,281. While the 2.58% gain may not be much to talk about, the move above the key resistance…
Bitcoin Jumps $9,100 as Dow Prepares For Massive…
Bitcoin breaks above $9,100 hours ahead of New York opening bell. The gains surfaced as the futures linked to Dow Jones suggested a 400-point rally after Wednesday’s open. Investors also felt buoyed by Goldman Sachs’s…
Binance Futures Traders Long BTC and Altcoins, Even…
The majority of top traders on Binance Futures are longing Bitcoin (BTC), Ether (ETH), and 8 other cryptocurrencies. In fact, more than 50% of traders are long on 10 crypto assets despite the current decline…
Blow to Bitcoin as Latest BofA Survey Finds…
Bitcoin and traditional markets logged a synchronous rally after crashing almost in tandem in March 2020. But the recovery has not impressed a vast majority of global fund managers, according to a survey conducted by…
Bitcoin Falls 9% Right After Forming Golden Cross;…
Bitcoin formed a super bullish Golden Cross on May 20, 2020. Nevertheless, the cryptocurrency plunged by up to 9 percent in a contrary move. Earlier in February 2020, Bitcoin’s Golden Cross formation had followed a…
Strong Correlation Between Bitcoin and Stock Market May…
The tight correlation between Bitcoin and the stock market has been deteriorating in recent days. And following the latest price action, the correlation may finally be over and Bitcoin can break free from the shackles…
Bitcoin Falls After Hitting $9.9K as Fed Hype…
A three-day rally that took the bitcoin price near $10,000 Thursday took a U-turn on profit-taking sentiment. The cryptocurrency fell to as low as $9,226 on Friday on US crypto exchange Coinbase, albeit sharply recovering…
Bitcoin Crosses $9K as Paul Tudor Jones Confirms…
Bitcoin (BTC) returned to $9,000 just hours before the halving on May 11, stepping up efforts to erase the weekend’s big losses. Cryptocurrency market daily overview. Source: Coin360 BTC price hits $9,150 Data from Cointelegraph…
Crypto Tidbits: Bitcoin Roars Past $10k, Halving Days…
Another week, another round of Crypto Tidbits.itcoin has been one of the best-performing assets in financial markets over the past week, managing to rally as high as $10,100 — a price around 25% higher than two…
Bitcoin Risks an Abrupt Fall as Trump Threatens…
Bitcoin faces risks of a short-term, but steep downside correction as Donald Trump threatens to terminate the phase one deal with China. Investor fears that a new trade war with Beijing would escalate the global…
Halving, Stocks, Fundamentals: 3 Things to Watch in…
Bitcoin (BTC) is just days away from a historic crossroads this week — what will the coming days have in store for traders and hodlers? Cointelegraph takes a look at the major factors influencing the…
Coronavirus & Altcoins: Why are Some Crypto Assets…
Much of the discussion on the economic fallout that the coronavirus has caused in the cryptosphere has been focused around Bitcoin–perhaps rightfully so. After all, as the largest cryptocurrency by market cap and the…