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Bitcoin has been struggling to break above the mid-to-upper $ 19,000 region throughout the past few days and weeks, with the selling pressure here being significant Until bulls can shatter the resistance region that begins at $ 19,400, it may continue seeing a prolonged consolidation phase The cryptocurrency’s latest weekly close, however, was incredibly bullish […]
A study revealed that darknet markets have astonishing figures so far in 2020, despite the coronavirus pandemic, but the dynamics changed compared to the last year’s numbers. Darknet Vendors Surpassed $ 800 Million in Revenues Despite Covid Pandemic According to the Chainalysis report, darknet marketplaces surpassed the $ 800 million threshold worth of cryptocurrencies in […]
Bitcoin has been struggling to break above $ 20,000, with each visit into the upper-$ 19,000 region sparking a massive inflow of selling pressure The cryptocurrency’s reactions to these rejections have grown more tempered, which is a bull-favoring sign Where the entire market trends in the mid-term will depend largely on whether or not this […]
While the price of bitcoin has spiked to levels not seen in three years a number of other factors show that the current run-up is similar to the 2017 bull run. Active bitcoin addresses have neared all-time record highs, while the network’s hashpower has remained high as well coasting along at 130 exahash. Moreover, bitcoin […]
Bitcoin tapped new all-time highs on top exchanges yesterday, reaching $ 19,950 in some markets. The CME’s Bitcoin futures market also saw a strong surge amid institutional buying activity. There has since been a $ 1,000 retracement to the high $ 18,000s. Some analysts are worried that this is the start of a wider correction. […]
Bitcoin is on the cusp on achieving a new all-time high following almost three years of consolidation since when it topped $ 20,000. The world’s largest cryptocurrency has embarked on a barnstorming rally in 2020, rising by more than 315% since March’s gruelling low of $ 4,000. And now eToro analyst Simon Peters believes that […]
There it is, a new Bitcoin all-time high. Well, kind of. On at least two top exchanges Bitstamp and Binance, the price of the leading cryptocurrency passed its 2017 highs, reaching the $ 19,800 region. BTC has yet to surpass the $ 20,000 price point that many affiliate with “all-time highs” for the coin. Still, […]
Digital currency markets are on a tear this week, as a myriad of crypto assets have seen enormous gains during the last two days. Then finally, on November 30, 2020, the largest blockchain in terms of market cap, bitcoin (BTC) surpassed its 2017 all-time highs (ATH) after crossing the highly anticipated $ 19,860 zone on […]