Category: Trading
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Ethereum Classic, Basic Attention Token, and Ravencoin prices show strong gains
Although most coins are still staggered, Ethereum Classic, Basic Attention Token, and Ravencoin still posted strong gains. Do the indicators suggest their prices will keep rising? Ethereum Classic On June 3, Ethereum Classic hit a yearly high of $9.85. The move followed a nearly 200 percent upswing that began in early December 2018 when it…
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Bitcoin sentiment hits historic low based on Crypto Fear and Greed Index
The Crypto Fear and Greed Index reached its lowest value in history. As Bitcoin hovers below $10,000, investors fear the potential for further decline could jeopardize the idea that a new bull market materialized. “Extreme fear” around the crypto market Bitcoin’s volatility caught the market by surprise. Many investors saw the recent upswing that took BTC…
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PR: Cross Exchange Launches IEO
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. CROSS is a project aiming to develop an exchange platform that trades various digital assets globally including CROSS…
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Market Update: Prices Drop as Crypto Sentiment Enters the Fear Zone
Cryptocurrency markets fell hard on August 21 following the $700 price drop bitcoin core (BTC) saw during the early morning trading sessions. Most digital assets have lost 2-8% in value as the overall market valuation of all 2,000+ coins has plunged to $263 billion. Crypto price movements have been following a trend of strong volatility,…
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Bitcoin dips below $10,000 as it prepares for next major move
Bitcoin dipped below $10,000 after nearly reaching $11,000. Despite the bullish sentiment seen across the market following Bakkt’s approval for physically-settled Bitcoin futures, BTC is sitting at a pivotal point that could mark the direction of its trend in the near future. The following technical analysis will evaluate the price points that could signal the…
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Bitcoin could be dumped in the billions from history’s third largest Ponzi
The third largest Ponzi scam in history, Plus Token Wallet, allegedly scammed investors out of $3 billion in cryptocurrency. Over $2.1 billion of this is in Bitcoin. As the perpetrators make their exit these coins could flood the market and tank prices. Background on Plus Token Plus Token Wallet was a mobile application promoted across…
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Bitcoin threatens to break above $11,000 as consolidation continues
Bitcoin threatens to break above $11,000 once again after its recent drop to $9,500. Although BTC dominance appears overdue for a major correction, it still remains bullish from a technical perspective. The market sentiment around Bitcoin was stoked following Bakkt’s approval for physically-settled Bitcoin futures. As the first signs of the continuation of the bull…
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Bakkt granted approval from CFTC, Bitcoin futures launching September
Bakkt was granted the first approval from the CFTC for physically-settled Bitcoin futures. Contracts will begin trading next month. Bakkt set to launch Bakkt, a subsidiary of the Intercontinental Exchange (ICE), which owns the New York Stock Exchange, was granted approval from the U.S. Commodity Futures Trading Commission for crypto-settled Bitcoin futures. These contracts would…
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Market Outlook: Bitcoin Cash Spikes While Economic Fears Spread Worldwide
On Tuesday, August 13, most digital currency prices have dropped in value between 2-5% while crypto trade volumes globally have fallen to $46 billion in the last 48 hours. Despite the downturns across the board, bitcoin cash (BCH) is holding steady, up 2% today and now commanding the fourth largest market valuation. Also read: Twitter…
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Bitcoin fails to stay above $12,000 signaling a drop below $11,000
Despite the bullish price action the last two weeks, Bitcoin was once again rejected at $12,000 resistance. A move above this level could take BTC to new yearly highs, but it seems the cryptocurrency may need to correct further to allow capital to flow into the market. The following technical analysis will evaluate whether Bitcoin…