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Bitcoin Tapped $49K as Crypto Markets Recover $100 Billion (Weekend Watch)

Following a few days of price declines, bitcoin has bounced off and jumped to around $49,000. Most alternative coins have also reacted well to the recent slumps, with impressive increases…

Continue ReadingBitcoin Tapped $49K as Crypto Markets Recover $100 Billion (Weekend Watch)

The Weekly Recap: Bitcoin Rejected at $50K, Cardano and Solana Break All-time Highs

It was a compelling week in the cryptocurrency markets. It took bitcoin more than three months, but it finally did it this week – reaching the $50,000 price line for…

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Price Analysis Overview August 27: Bitcoin, Ethereum, Ripple, Cardano & Solana

Bitcoin (BTC) Bitcoin is up a small 1% this week after getting rejected trying to breach above the $50,000 mark on Monday. The current high since May now lies at…

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Adam Back and Stock-to-Flow Model Anticipate Bitcoin (BTC) to Reach $100K by The End of 2021

The British cryptographer Adam Back expects bitcoin to reach a price of $100,000 by the end of the year. Comparing the primary cryptocurrency to gold, he praised the former as…

Continue ReadingAdam Back and Stock-to-Flow Model Anticipate Bitcoin (BTC) to Reach $100K by The End of 2021

Accumulation Resumes: After Short Break, Third Largest Bitcoin Whale Buys $24M Worth of BTC

The mysterious BTC whale, who was recently frequently sending lots of coins to Coinbase, has changed the strategy on the largest cryptocurrency. On-chain data shows that they have accumulated more…

Continue ReadingAccumulation Resumes: After Short Break, Third Largest Bitcoin Whale Buys $24M Worth of BTC

Bitcoin Reclaims $47K: Solana (SOL) Surges 22% to New All-time High (Market Watch)

Bitcoin continued to trade around the $47,000 line in the past 24 hours after it dropped to a weekly low beneath $46,400. Most altcoins have stalled since yesterday, except for…

Continue ReadingBitcoin Reclaims $47K: Solana (SOL) Surges 22% to New All-time High (Market Watch)

BTC Retraces as Short-Term Selling Pressure Continues: Was $50k a Local Top? (Bitcoin Price Analysis)

Bitcoin managed to daily close back above $48.1k, but met with selling pressure throughout the day, hitting an intraday low of $46.3k, according to Bitstamp. Short-term technicals have turned cautiously…

Continue ReadingBTC Retraces as Short-Term Selling Pressure Continues: Was $50k a Local Top? (Bitcoin Price Analysis)

Correction Intact: Bitcoin Slumps Over $3K After the Rejection at $50K, Total Cap Retests $2T

The volatile nature of the cryptocurrency market stroke again, with bitcoin displaying several $2,000 moves in both directions. Nevertheless, BTC dropped below $47,000, and most of the altcoins have followed…

Continue ReadingCorrection Intact: Bitcoin Slumps Over $3K After the Rejection at $50K, Total Cap Retests $2T