Category Archives: coingape

Buckle up, Bitcoin Getting Ready to Crash

Bitcoin is likely to take a hit as ProShares Short Bitcoin ETF deadline is due on August 23 which just like last time can crash the Bitcoin price and take it below $6k level. Though Bitcoin doesn’t need an ETF to reach great heights as even rebuffed by Andreas Antonopoulos, the market sentiments are expected to be hit… Read More »

Bitcoin Demand Still Going Strong Despite Price Being 68% Lower than its ATH

Bitcoin demand is in full force as the bitcoin futures volume on CME rises significantly, registering more than Cboe’s and bitcoin spot trading on Coinbase despite BTC being 68% lower than its peak. Moreover, eToro also showcasing an increase in bitcoin holdings clients. Bitcoin futures volume rises significantly on CME Bitcoin has lost about 68 percent of its… Read More »

Bitcoin Technical Analysis: BTC/USD Bulls-Bears Fighting Near $6,500

Bitcoin price recovered sharply after testing the $6,225 support against the US Dollar. BTC/USD has to break the $6,500 resistance for more upsides. Advertisement Important points Bitcoin’s decline found a strong support near the $6,225 pivot level. There is a declining channel formed with resistance at $6,460 on the 2-hour chart of BTC/USD. BTC price may perhaps continue… Read More »

Key Executive Exit Leaves Tron’s Acquisition of BitTorrent Lacklustre

The much-celebrated acquisition of BitTorrent by Tron seems to be on bumpy roads already, especially as far as retaining talent is concerned.  In the recent news that is surfacing reports that two senior management employees which were from BitTorrent have already resigned. The report also states that three other employees that came to Tron from BitTorrent have also… Read More »

Bitcoin Jesus Roger Ver is a Scamster, Claims a Redditor

The controversy around Roger Ver and his promotion of Bitcoin Cash seems never-ending. Every time he has pushed for the BCH coin over Bitcoin, he has landed up in a controversy proving the theories and stories he is building around BCH is untrue. Its also been a tough time for Ver to win true believers that BCH is… Read More »

Bakkt to Foster Institution & Consumer Participation, No Leverage & Margin on Bitcoin Contracts

Bakkt, the digital asset platform by NYSE’s owner and backed by Microsoft and Starbucks is working hard at building a transparent and an institutional quality ecosystem for digital assets. CEO Kelly Loeffler explains that they are offering full collateralized or pre-funded bitcoin buying and selling meaning there will be no leverage or margin involved. NYSE owner’s Bakkt hard… Read More »

Coinbase Losing to Offshore Exchanges Dues to Relaxed Regulations Outside the US

As regulators keep a strict eye on cryptocurrencies and its exchanges in the United States and Europe, the leading cryptocurrency exchanges in the west to the likes of Coinbase and Bitstamp have seen a comparative drop in their trading volumes while the exchanges in East especially in Japan and Korea namely OKEx have seen to be gaining them.… Read More »

Bitcoin Maintaining a Steady Range, Time to Make it or Break it

Bitcoin has been maintaining its stance above $6,300 for the past 5 days and keeping well above $5,000 since October 2017. So, in which is direction Bitcoin price gonna move next? Bitcoin holding the fort above $6,300 The world’s leading cryptocurrency has been managing to stay well above the $6k psychological level for the past 6 days. Just… Read More »

Bitcoin ETF Won’t Get Approved, Will Lead to an Inevitable Sell-Off – MD of Digital Asset Fund

Over a couple of months are going to be hectic for SEC as it will have to give a decision on some deferred Bitcoin ETF applications. It won’t be just the deferred a few new ones too would also be in line waiting to get a nod from the regulator. Advertisement The queue just gets longer for SEC… Read More »

Bitcoin Cash (BCH) Price Analysis: Buyers Facing Significant Resistance

Bitcoin cash price found support near $470 and recovered against the US dollar. However, BCH/USD is facing much important resistance near $620-650 on the daily chart. Important points Bitcoin cash price recovery from the $470 low could be capped near the $620 and $650 levels. There is a significant bearish trend line in place with resistance near $630… Read More »