Bitcoin

Bitcoin price gave up its early gains which were seen in the initially part of Monday’s session, trading down 0.10%. BTC/USD has rallies sold by market bears in no time, as price runs into supply area of $6600-500.   The Bitcoin price was seen down on Monday, after initially starting the session in positive territory, the bulls …

Bitcoin Price Prediction: BTC/USD has its moment of shine swiped away by the bears Read More »

Rising Bitcoin dominance reassures investors of a potential bull run towards the end of 2018. The buyers must keep the above $6,450 in the short-term to avoid further breakdown towards $6,400. Bitcoin price market dominance rate continues to rise in spite of the bear pressure in the market. The bears have a tight grip on the …

Bitcoin dominance rises to 51.2% for the 1st time in 2018 Read More »

Against all odds, bitcoin (BTC) defended the support at $6,000 over the weekend, opening doors for a stronger corrective rally above $6,480. Friday’s drop below $6,240 (bear flag breakdown) had opened the doors to the re-test of the June low of $5,755. Further, BTC closed below Thursday’s low of $6,183 on Friday, signaling a continuation of the sell-off …

Bitcoin Price Move Past $6.5K Would Boost Upside Potential Read More »

Bitcoin price jumps over 2% on the day, leading to a slightly bullish trend in the market. A breakout towards $6,500 and eventually $6,600 is expected in the medium-term, on the flipside, $6,400 is a short-term support. The crypto market is slightly bullish on Monday 13 but only for selected digital assets. As for Bitcoin (BTC), …

Bitcoin Price Analysis Read More »

Bitmain has sold much of its Bitcoin for Bitcoin Cash, according to a pre-IPO document: View image on Twitter Samson Mow ✔@Excellion According to the Bitmain pre-IPO investor deck, they sold most of their #Bitcoin for #Bcash. At $900/BCH, they’ve bled half a billion in the last 3 months. If Bitcoin Core devs didn’t disclose …

Bitmain Sells Bitcoin, Buys Bitcoin Cash – Now Holding 5% of Circulation Read More »

As Ethereum World News reported on Friday, Bitcoin saw a rapid sell-off from $6,450 to the $6,100 price level, as a direct result of an influx of sell-side volume cascading through the whole cryptocurrency market. This move unfortunately set a new one-month low for the price of Bitcoin and a new year-to-date low for the collective valuation …

Bitcoin Sees $350 Recovery, Amidst Altcoin Drop Off Read More »

Among the most bullish signs is bitcoin’s rapidly surging hash rate. In simple terms, a “hash” is a calculation made by a bitcoin miner in an attempt to secure a block reward, which currently sits at 12.5 bitcoin per block. (The reward automatically halves every 210,000 blocks. At the present mining rate, the next halving …

Bitcoin’s Hash Rate Is Telling a Bullish Story Read More »