Bitcoin stays flat and has been ranging for more than a month now between $30k and $40k. It comes as the US economy rebounds from the vaccine roll out and the tech heavy Nasdaq and the broader S&P 500 showed new records on Friday after a better than expected jobs report.Bitcoin rangingThe world’s biggest cryptocurrency […]
Back in March of this year, when all was well in the land of crypto and Bitcoin sought to touch $50,000, a single Elon Musk tweet was able to push the price of Dogecoin several percentage points. Musk went on to present SNL in April of this year, claimed that Doge was a hustle and […]
The Bitcoin hash rate (the amount of computing power being contributed to the Bitcoin network through mining) has since the beginning of July stabilized after it fell for 10 straight days. The move down started as the Chinese Central bank reiterated its warning over cryptocurrencies and may now signal that all of China’s mining crackdown […]
Bitcoin is holding steady near $33,500 at the time of writing, barely moving 1% over the past week again as the boring summer months continue for the world’s biggest cryptocurrency. Analysts are waiting to see whether Bitcoin will break above $40k for a next move up or under $30k and unleash another batch of FUD […]
For anyone doubting that a new cold war is growing between the USA and China, just look at the latest comment by Republican Senator (and known Bitcoin HODLer) Cynthia Lummis.When seeing a picture of a large swath of Bitcoin mining equipment for sale on Chinese websites (after the Beijing government cracked down hard on miners), […]
Bitcoin remains steady near the $35k mark as it continues its almost boring summer months. As said, the world’s biggest crypto has been stuck in a tight trading range for several weeks now. XRP, the coin of Ripple Labs, is proving resilient and has risen over 5% in the past day, over 6% in the […]
Technical analysts claim that Bitcoin, the world’s biggest cryptocurrency, is now trading in a range of only $5,000, as it is stuck between a support level of $30,000 and a resistance of $35,000. Choppy, sideways trading could therefore be the future trade strategy for a few more weeks, at least until Satoshi Nakamoto’s invention shows […]
The Bitcoin bull run of 2017 – 2018 was marked by a doubling of the biggest cryptocurrency’s price in the last months of the first year, followed by a steep drop in the second year. But that run had started earlier than the 2020 – 2021 one, namely as from April of 2017. This time […]
With all the commotion over Bitcoin’s drop to $28,000 last week, we can see that in the past week the world’s biggest cryptocurrency has now only moved some 1% in the last seven days and therefore the news of its demise seems highly exaggerated.This morning the invention by Satoshi Nakamoto trades for $34,900 and is […]
In the midst of all hype surrounding Bitcoin’s drop from $64,000 to as low as $28,000 (and then back to $35,000), one would almost forget that the cryptosphere this week lost one of its oldest defenders: John McAfee. The antivirus software pioneer (he sold his company bearing his own name to California chipmaker Intel, in […]
