Bitcoin News

Bitcoin Buyers Absorb a Massive Influx of Selling Pressure; Bullish Continuation Inbound?

Bitcoin was able to incur some steady upwards momentum yesterday, which allowed its price to rapidly climb up to its 2020 highs of $9,200 before it faced some strong selling pressure that led it to plummet back towards $8,900. Buyer were able to absorb the majority of this selling pressure, however, and have allowed the...
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$11,700: Bitcoin Could Soon Undergo a Massive Upside Movement Because of These Factors

Bitcoin’s firm 2020 uptrend has extended today, as the cryptocurrency has been able to post a notable climb from its recent lows of $8,200 that were set earlier this week when the cryptocurrency’s sellers made an attempt to push the cryptocurrency significantly lower. In the near-term, analysts are noting that the cryptocurrency’s ongoing attempt to...
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Elon Musk is Neutral on Bitcoin, Despite Thinking It’s a “Clever” Idea

Elon Musk has long been a major figure within the technology world who has expressed mixed feeling on Bitcoin and cryptocurrencies, previously calling them “brilliant” while recently explaining that he is “neither here nor there” on BTC. The SpaceX and Tesla CEO recently spoke about Bitcoin during his appearance on an episode of the “Third...
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Here’s Why Bitcoin Short Positions Could Be in Dangerous Territory

Bitcoin and the aggregated crypto markets have been caught within a firm bout of sideways trading since this past Saturday, with this lack of decisive momentum making it incredibly unclear as to where the markets will head next. In spite of this, Bitcoin has been able to hold above multiple key levels, leading some analysts...
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Tether Stays Below $1 For Six Months, Bad Sign For BTC?

Tether stays below $1 since July 2019 while Bitcoin managed to hold above the $7,000 level until the end of the year but it could turn bearish in the short term as the New Year starts. The Tether price is stuck and this could be a bad sign for Bitcoin as we are reading in...
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Bitcoin UTXO Records Show New All Time High: Report

The most dominant coin traded broadly and sideways on the first day of 2020 as consensus swirled even stronger around a Q1 breakout. Now, we can see that BTC must gain 13,800% for John McAfee’s prediction to become true and for the coin to reach the predicted highs.At press time, Bitcoin is sitting at $7,235...
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Bitcoin Hash Rate Now 7x The Size It Was During 2017 ATH

While bitcoin price may be going through a period of consolidation at the moment (and frankly, after the year that was 2019, who isn’t?), the network fundamentals are as strong as ever. In fact, the hash rate is currently almost seven times as large as it was during BTC’s all-time high price, back in December...
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BitMEX Insurance Fund Achieved Continued Growth In 2019

BitMEX ends the year with around 13,000 BTC in its insurance fund which is a 61% increase compared to last year’s levels, the latest crypto news show. The popular exchange has been building out its Insurance Fund and now added this amount of BTC, reaching a total of just over 33,491 BTC as of December...
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1 Million Bitcoins Will Be Attributed To Craig Wright Tomorrow

BitMEX ends the year with around 13,000 BTC in its insurance fund which is a 61% increase compared to last year’s levels, the latest crypto news show. The popular exchange has been building out its Insurance Fund and now added this amount of BTC, reaching a total of just over 33,491 BTC as of December...
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Bitcoin in 2019: Positive BTC Performance Across the Board

With 2019 ending in a number of hours, here is a look at the positive performance for Bitcoin (BTC) across several network and market parameters. Bitcoin Price up 95% YTD At press time, the Bitcoin price is up by about 95% year-to-date (YTD). After a difficult 2018 that saw the top-ranked crypto drop 72%, BTC...
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Bitcoin May Revisit $6,000 If The Momentum Sustains

The cryptocurrency news and updates today show that the price of Bitcoin (BTC) has reversed just when we thought it would rise more and reach $8,000. The momentum was good until the dominant coin started dropping – and the news now show that Bitcoin may revisit $6,000 if the resistance is not broken soon. BTC...
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Chinese Bitcoin Miners Forced To Reduce Electricity Consumption

Disappointment or not? This is what many people are asking themselves when reviewing the year behind our backs. The right question to ask right now is – did 2019 truly deliver everything that was expected in the crypto industry?While the price of Bitcoin and other cryptocurrencies were expected to go higher, so did may other...
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Exit On Bullish Positions: BTC Traders Are Exiting Long Positions

There is an apparent exit on bullish position in BTC trading now, as the latest cryptocurrency news suggest. With a number of traders who had bullish positions on Bitcoin that is now declining, we can see that the next big move on the crypto markets is yet unknown. However, charts on Bitfinex show an almost...
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Reaccumulation Phase Is On: Willy Woo And His Take On Bitcoin Now

The major cryptocurrency trader Willy Woo is in the Bitcoin news now for what he labeled a major reaccumulation phase for the most dominant coin. As the last few days of the year go by, Bitcoin (BTC) is still down by almost 50% from its yearly high – but is also around 87% up from...
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Did 2019 Deliver All Promises In The Crypto Industry?

Disappointment or not? This is what many people are asking themselves when reviewing the year behind our backs. The right question to ask right now is – did 2019 truly deliver everything that was expected in the crypto industry? While the price of Bitcoin and other cryptocurrencies were expected to go higher, so did may...
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Latin America Is The Most Interested In BTC P2P Trading: Report

Interest in cryptos and particularly about Bitcoin (BTC) in Latin America is on the rise as famous Bitcoin (BTC) Peer-to-Peer trading platform LocalBitcoins has been experiencing rises in its weekly Bitcoin (BTC) trading volume in Venezuela and Argentina as we are about to read further in today’s crypto news. Information from CoinDance, a cryptocurrencies statistic...
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Bitcoin Data Shows The Price Never Went Bearish In 2019

The latest bitcoin data shows that Bitcoin actually never saw a bear market in 2019 and the evidence is really easy to find on the blockchain according to some analysts as we are reading below in the bitcoin price news. The data covering multiple metrics shows that despite the recent price volatility, Bitcoin managed to...
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Sunday Digest: Bitcoin Price and Christmas

So apparently, it was Christmas this week… Did anybody get any bitcoin? Bitcoin Price So we didn’t really get much of a Christmas present when it came to bitcoin price this year. A push at the start of the week took us to $7.6k, but bulls failed to capitalize on that and prices dropped back...
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A 2020 Bitcoin Forecast: Tracking Progress And Setting New Goals

The Ethereum news and Bitcoin updates in 2017 showed that the biggest altcoin out there and the leading cryptocurrency worked in tandem to reach all-time heights. Ever since then, the situation on the market has been changing and the prices have been falling. In fact, the price of ETH dropped around 90% alone and almost...
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Novogratz Lost The Confidence In Bitcoin, Predicts $12,000 Next

If you are a hodler who appreciates their earnings in crypto, it may be a time you decide to spend some money and shop with crypto at some of the most popular online destinations. The truth is, most of the traders out there don’t know where to turn and use their cryptocurrency to buy goods....
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Bitcoin (BTC) Investments: 64% Return On Investment Since 2017

The major social video platform YouTube admits that there was an error with some of the cryptocurrency-related videos which were deleted by the giant this month. After several days of unilateral deletions and a lot of buzz in the Bitcoin and altcoin news, the video giant finally put an end to the non-communication and responded...
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New Bitcoin Tech Under Development By Coinbase Exchange

If you are a hodler who appreciates their earnings in crypto, it may be a time you decide to spend some money and shop with crypto at some of the most popular online destinations. The truth is, most of the traders out there don’t know where to turn and use their cryptocurrency to buy goods....
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Bitcoin Ransom Demanded from Users of Ring Cameras

Reports emerged that hackers have demanded bitcoin as ransom from users of vulnerable cameras sold by Amazon and its subsidiary Ring.  Bitcoin is constantly being used as a means of extracting payment, blackmailing people, and demanding ransom in exchange for data. Ransomware attacks are ones, where hackers infect users’ devices, encrypt their files, and then...
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New Signs: Around 70% Of Bitcoin Hasn’t Moved For Over 6 Months

If you are a hodler who appreciates their earnings in crypto, it may be a time you decide to spend some money and shop with crypto at some of the most popular online destinations. The truth is, most of the traders out there don’t know where to turn and use their cryptocurrency to buy goods....
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Shop With Crypto And Buy Cars, Travel Offers And Digital Fortunes

If you are a hodler who appreciates their earnings in crypto, it may be a time you decide to spend some money and shop with crypto at some of the most popular online destinations. The truth is, most of the traders out there don’t know where to turn and use their cryptocurrency to buy goods....
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BTC Price Update Shows Next Stability Range Is $7,400

The major social video platform YouTube admits that there was an error with some of the cryptocurrency-related videos which were deleted by the giant this month. After several days of unilateral deletions and a lot of buzz in the Bitcoin and altcoin news, the video giant finally put an end to the non-communication and responded...
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Key BTC Signal Which Ignited 330% Rally Flashes Again

If you are following our Bitcoin news now, you probably know that the situation around the most dominant coin is stagnant and there is no price action. Still, the flagship cryptocurrency is above $7,000 for a couple of days now which makes it stable in the wake of the new year. However, all of this...
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CoinShares CTO: BTC Halving Might Not Affect Bitcoin’s Price

One Bitcoin price analyst is in the crypto news today for noting a full analysis on one of the industry’s best-known prediction models. The BTC fixed supply on the futures markets will not undermine the cryptocurrency, according to the analyst PlanB.In a quite long Twitter debate on December 26, the analyst who is the father...
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Four Trending Cryptocurrency Questions This Month

As we can see from the data in the crypto news this December, there are many questions being asked about cryptocurrency in general, the main idea behind it and the process in which this technology work. Today, we are sticking to the four trending cryptocurrency questions which were asked by our readers this month –...
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Spencer Bogart Claims Bitcoin Will Move Vertical In 2020

A major securities regulator in the United States has labeled cryptocurrency investment as a top investor threat – and one of the five biggest threats for 2020. We are talking about the North American Securities Administrators Association (NASAA) which is the oldest international investor protection organization.In an official announcement, the regulator listed the top five...
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