Tag: Bitcoin (BTC) Price

Binance Coin (BNB) Back To Top 5 After 9% Weekly Gains: Bitcoin Price Stagnant (Sunday’s Market Watch)

Binance Coin (BNB) Back To Top 5 After 9% Weekly Gains: Bitcoin Price Stagnant (Sunday’s Market Watch)

Bitcoin has stayed in a relatively tight range between $10,500 and $10,600. Most large-cap altcoins performed similarly, except for Binance Coin. After a 9% increase for the week, BNB now occupies the 5th spot in terms of total market cap. Bitcoin Remains In A Tight Range Following the recent price declines from Friday and early […]

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Bitcoin Still Holds Crucial Support At $10.5K, But Eyes On The White House (BTC Price Analysis)

Bitcoin Still Holds Crucial Support At $10.5K, But Eyes On The White House (BTC Price Analysis)

For the past month, BTC’s volatility had decreased compared to the previous months. The primary cryptocurrency had mainly traded inside a $1K range between $10,000 and $11,000. Over the past week, Bitcoin reached the upper boundary of that range at $11K; however, the news coming from BitMEX charged by CFTC, along with President Trump’s hospitalization, […]

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S2F Model: 35% Think Bitcoin Won’t Reach $55K Target by 2021

According to a recent poll by the creator of the popular Bitcoin stock-to-flow model, the majority of participants believe that BTC’s price will either hit $55,000 or stay below it by the end of 2021. Backstory: Bitcoin Stock-To-Flow Model(s) A cryptocurrency analyst going by the Twitter handle PlanB revealed the first version of the BTC […]

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50 Bitcoins Worth Over $500,000 Mined in May 2010 Mysteriously Moved to Bitfinex

Bitcoin worth roughly $500,000 was moved to one of Bitfinex’s hot wallets a couple of days back. This might seem like nothing but an ordinary transaction if it wasn’t for the fact that the BTC in question was mined back in May 2010, and it hasn’t been touched since. At the time, Satoshi Nakamoto, Bitcoin’s […]

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Bitcoin Still Around $10,500: The Calm Before The Storm Following Trump’s Hospitalization?

Bitcoin Still Around $10,500: The Calm Before The Storm Following Trump’s Hospitalization?

Following the recent price decreases after the BitMEX and Donald Trump COVID19 news, Bitcoin has calmed and trades above $10,500. The situation with the altcoins is somewhat different as most continue struggling. Bitcoin Stays Calm After The Drops As reported yesterday, Bitcoin tumbled from $10,900 to about $10,450 in a matter of hours. The drop […]

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Crypto Price Analysis & Overview October 2nd: Bitcoin, Ethereum, Ripple, Binance Coin, and Polkadot

Crypto Price Analysis & Overview October 2nd: Bitcoin, Ethereum, Ripple, Binance Coin, and Polkadot

Bitcoin Over the past seven days, Bitcoin dropped by a total of 2% as it currently trades around the $10,500 level. The week was pretty interesting after it rebounded from a 6-month-old rising trend line last week. After bouncing, it continued higher to reach as high as $10,900 at the start of October. Unfortunately, Bitcoin […]

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Bitcoin Price Analysis: BTC Heads Lower on BitMEX News. Will $10K Hold?

Bitcoin Price Analysis: BTC Heads Lower on BitMEX News. Will $10K Hold?

Bitcoin’s price continues to tumble in response to yesterday’s breaking news that the United States Commodity and Futures Commission (CTFC) and the Federal Bureau of Investigation (FBI) have both decided to take legal action against leading Bitcoin derivatives exchange, BitMEX. $18 billion has been wiped out from the global crypto market since the announcement, and over […]

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Will Bitcoin Drop Lower on Trump’s Positive Covid-19 Test News?

Will Bitcoin Drop Lower on Trump’s Positive Covid-19 Test News?

Following a positive Covid-19 test result from one of Donald Trump’s closest aides, the POTUS himself took the test which produced the same result for him and the First Lady. He tweeted the news a couple of hours ago. Tonight, @FLOTUS and I tested positive for COVID-19. We will begin our quarantine and recovery process […]

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Bitcoin Dips to $10,400 as Crypto Market Loses $15 Billion on BitMEX News (Market Watch)

Bitcoin Dips to $10,400 as Crypto Market Loses $15 Billion on BitMEX News (Market Watch)

Bitcoin was riding high around $10,900 before dumping below $10,500 following the controversial BitMEX news from yesterday. Most alts have copied the move downwards, resulting in a $15 billion loss for the market cap. Bitcoin Tumbles On BitMEX News As CryptoPotato reported yesterday, the US Commodity and Futures Trading Commission charged the owners of one […]

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Bitcoin Tumbles $400 As CFTC Charges BitMEX Owners with Illegally Operating a Crypto Exchange

Bitcoin Tumbles $400 As CFTC Charges BitMEX Owners with Illegally Operating a Crypto Exchange

Bitcoin’s price was advancing relatively well over the last couple of days but now things took a turn for the worst. The cryptocurrency went on to lose more than $400 of its value, at the time of this writing, in less than an hour. It was trading at almost $10,900 before plunging down to where […]

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