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Bitcoin Charted 5-Month High Above $58K: Polkadot (DOT) Skyrockets 20% on Parachain News

After yesterday’s price drop, bitcoin continued upwards and tapped a new five-month high above $58,500. The altcoins have also seen impressive gains, with Polkadot leading the pack. DOT has exploded…

Continue ReadingBitcoin Charted 5-Month High Above $58K: Polkadot (DOT) Skyrockets 20% on Parachain News

Over 85% of Circulating Bitcoin Has Not Moved in Three Months or More: Analysis

The recent price surge from bitcoin has not deterred long-term holders from keeping their portions. Recent data from Glassnode informed that the percentage of BTC supply that has been held…

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Market Watch: Bitcoin Drops $3,000 as Binance Restricts Access of Chinese Users

Following several consecutive days of price gains, bitcoin dropped by more than $3,000 today amid more negative news in relation to China. Interestingly, the situation is somewhat different among some…

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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…

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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…

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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…

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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)