To paraphrase a line from singer Prince, we should all party and mine like it is 1999. Yes, that would have been the thoughts of the North American crypto miners in the past few months. As the Chinese authorities cracked down on Bitcoin miners in the Middle Kingdom, those in the US and Canada saw […]
Bitcoin is trading near $40k for the second day in a row and the massive uptick which started last Monday seems to have chilled a bit. Analysts expect sellers to have put in a hard stop at this level and they are apparently eager to take profits rather than to start a new leg up. […]
Bitcoin maintains around the $40k price level while Ethereum hovers around the $2,300 mark. Both biggest cryptocurrencies show a very healthy weekly gain as crypto news is turning positive again. Also in the CoinMarketCap top 10 XRP was up some 10% this morning and has gained almost 25% over the past week. Although Bitcoin seemed […]
After witnessing some profit taking on Monday afternoon and part of Tuesday, Bitcoin was on the rise again this morning and has just crossed the $40k threshold. At the time of writing, the Bitcoin price is trading slightly below $40k, around $39,5k. In the past week, the world’s largest cryptocurrency has in this manner gained […]
As Bitcoin and major altcoins take a short breather today and traders do some profit taking, we look at the stories driving the crypto news.Jeff Bezos was widely mocked last week for having gone into space in a rocket ship that looked like a [bleep]. On board of his own Blue Origin, he was accompanied […]
After nine weeks of choppy trading, Bitcoin once again found ground above a crucial technical level this past weekend. In the past 24 hours, BTC surged to a value of $38,000 and has broken several important technical levels, such as the 50-day moving average. Ethereum and other major altcoins showed similar gains.https://twitter.com/TheCryptoLark/status/1419449760163897346It came after a […]
The phrase: so you are saying a short squeeze is possible? became stuff of legends on social media board Reddit this year. WallStreetBets, a 7 million strong group of amateur traders on Reddit decided to take on the most powerful of Wall Street’s elite: the hedge funds, the so-called Apex Predators of the financial world […]
Bitcoin continues its renewed march upward and enters the weekend at a value of $33,800 as Venture Capitalist investors continue to take the long stance when it comes to crypto. Meanwhile crypto takes center stage during the Olympics as well, and members of the US government call upon their Olympic federation not to use the […]
Cryptocoins continue a rebound which started on Wednesday after Bitcoin experienced a drop below $30k on Monday when global markets fell out of fear for a resurging Covid-19 spread.https://twitter.com/Underrated_Dom/status/1418323260060618753By Friday morning time of writing, Bitcoin is trading near $32,500 while Ethereum is again above $2,000. In the top 20 of CoinMarketCap we furthermore noted strong […]
No less than 48 hours after classic finance feasted on the ruins of crypto when Bitcoin dipped below the psychological threshold of $30,000, the world’s biggest cryptocurrency came roaring back with a stellar performance and is trading over $32,000 again. At the time of writing it is changing hands for $32,200.Analysts and commentators already foreseen […]
