Category: Bitcoin News

BitMEX CEO Pumps DeFi Token as Dave Portnoy Fails, Whats’ Next on Their List?

As the crypto market is at the edge of a euphoric phase, endorsements of blockchain projects seem to be back in trend.  BitMEX CEO, Arthur Hayes, made the news with a Tweet of joining the DeFi bull run beginning with the yield farming of YFI (yearn.finance) token. This tweet took from him the markets on […]

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Bitcoin Price Analysis: BTC/USD Majestically Propelled Above $12k, Is $13,000 Within Reach?

Bitcoin bulls take down the resistance at $12,084 and $12,145 to trade a new yearly high at $12,492. BTC/USD slowed down price action suggests that consolidation will follow ahead of a breakout to $13,000. Bitcoin finally made the last stroke above $12,000 on Monday ascending to a new yearly high at $12,492 (on Coinbase). The […]

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How Fast Can Bitcoin [BTC] Reach $13,000 as FOMO Ensues?

Bitcoin [BTC] has broken out above $12,000 for the third time this year after a long built of anticipation. Confirmation of current levels for the digital currency targets $13,000 next. And, it could be approaching fast.  The Day of the Break-out? According to leading derivatives trader, Tone Vay’s technical view, the price is very bullish […]

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Bitcoin Technical Analysis: BTC/USD Unable To Break $12k Resistance But PlanB Believes $20,000 Is Nigh

Bitcoin bulls rush to secure the tentative support at $11,800 following another rejection from $12,000. Plan B believes Bitcoin’s next bullish target is 2017’s all-time high. Bitcoin price action has been mundane mainly because it was not been able to overcome the seller congestions at $12,000. There was a brief recovery over the weekend supported […]

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Why Bitcoin [BTC] Price May Surge In Early September 2020?

Ex-prudential CEO George Ball in a recent interview explained why he thinks wealthy investors and traders will invest in Bitcoin post this labor day. Historically US holidays have impacted the bitcoin price positively and after George’s revelation all eyes will be on September 7th, labor day 2020. Labor Day to Mark Entry Of Wealthy Investors […]

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Bitcoin [BTC] Flash Drop Adds Another $500 Million to Tether [USDT] Supply

Bitcoin [BTC] Flash Drop Adds Another $500 Million to Tether [USDT] Supply

Another effort by Bitcoin [BTC] bulls to surpass $12,000 gets rejected with a flash drop to lows at $11,500. According to Datamish, the move liquidated $30 million in Bitcoin longs.  Nevertheless, the market is witnessing a quick reversal to $11,950 looking to break resistance around $12,000. The trader sentiments are bullish despite the drop. It […]

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Bitcoin Price Forecast: BTC/USD Eyes $14,000 But First $12,000 Must Be Conquered

Bitcoin Price Forecast: BTC/USD Eyes $14,000 But First $12,000 Must Be Conquered

Bitcoin price remains in the bullish hands with the path to $14,000 already curved out. BTC/USD potential for gains above $12,000 in the near term mounts with gains supported by most of the technical levels. Bitcoin has had a relatively impressive weekend session. The session was not ballistic like the one before it but it […]

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