Auto Added by WPeMatico

Binance to Cease Chinese Yuan Trades and Restrict Access for Users From China

In an attempt to comply with local regulations, Binance has announced it will stop servicing OTC deals involving the yuan for Chinese users as of December 31st, 2021. Shortly after…

Continue ReadingBinance to Cease Chinese Yuan Trades and Restrict Access for Users From China

All Top 30 Altcoins Crashed Against BTC Weekly: Shiba Inu (SHIB) is the Only One Up 80%

Bitcoin has been on a roll since the start of October and the past week in particular. It traded below $50,000 on October 5th but reclaimed that coveted line in…

Continue ReadingAll Top 30 Altcoins Crashed Against BTC Weekly: Shiba Inu (SHIB) is the Only One Up 80%

As Bitcoin Neared $58K, Altcoins Painted in Red: Cardano, Ripple and Solana Slump 5% (Market Watch)

Bitcoin touched yet another multi-month high at nearly $58,000 before retracing slightly. However, most alternative coins continue to lose value against BTC and the dollar, with massive declines from Ripple,…

Continue ReadingAs Bitcoin Neared $58K, Altcoins Painted in Red: Cardano, Ripple and Solana Slump 5% (Market Watch)

Following Bitcoin’s Bullish Weekly Close, These Are the Next Possible Targets (BTC Price Analysis)

BTC managed to make a strong weekly close above $52.9k, the highs from September, further validating the bear trap to $39.6k. After holding the higher low at $40.7k, a level…

Continue ReadingFollowing Bitcoin’s Bullish Weekly Close, These Are the Next Possible Targets (BTC Price Analysis)

Bitcoin Skyrockets to 5-Month High: Dominance Soars as Altcoins Lose Value Against BTC (Market Watch)

The price of bitcoin went on another run in the past 24 hours and briefly exceeded $57,000 for the first time in five months. Most alternative coins seem left behind…

Continue ReadingBitcoin Skyrockets to 5-Month High: Dominance Soars as Altcoins Lose Value Against BTC (Market Watch)

Massive Sell Order Flash Crashed Bitcoin’s Price to $51K on Bitstamp

Bitcoin tapped a fresh high during Monday morning’s Asian trading session. At the time of writing, BTC prices were still close to those levels at $56,700. Bitcoin has posted its…

Continue ReadingMassive Sell Order Flash Crashed Bitcoin’s Price to $51K on Bitstamp

Surpassing S&P500, Apple, Google, Gold and Silver: Bitcoin is Up 90% Year to Date

Bitcoin stands at $55,000 today, as of writing these lines. This means it’s about 90% up since the beginning of 2021. While that’s impressive on its own, what’s even more…

Continue ReadingSurpassing S&P500, Apple, Google, Gold and Silver: Bitcoin is Up 90% Year to Date

Analysis: The Distinction Between Bitcoin’s Market Cycles in 2017 and 2021

This analysis takes a closer look at some of Bitcoin’s structural market metrics and compares the current cycle to that of 2017. The following is compiled by on-chain analyst CryptoVizArt…

Continue ReadingAnalysis: The Distinction Between Bitcoin’s Market Cycles in 2017 and 2021

Bitcoin Dominance on the Rise as BTC Eyes $56K (Market Watch)

Following yesterday’s price slide below $54,000, bitcoin has started increasing in value once more and has neared $56,000. Although some altcoins like XRP and DOT have charted notable gains in…

Continue ReadingBitcoin Dominance on the Rise as BTC Eyes $56K (Market Watch)