Tag Archives: Bitcoin market

Bitcoin Bulls Win Battle at $6,400 Resistance, Resume Range Trading

Bitcoin shed some of the gains made earlier in the day, erasing $40 from its daily high at $6,500. The BTC/USD pair trades at $6,460 in a ranging market with support at $6,300. A significant bearish trend line may have been thwarted as the market moves above the $6,400 line. Bitcoin Trades Above Significant Bearish Trend Line at… Read More »

Can You Guess Which Stocks Are More Volatile Than Bitcoin? HINT: It’s Not What You Think It Is.

Volatility is something that all professional traders love and Bitcoin has been one hell of a ride for the past two years. For our readers not familiar with volatility, it is a measure of how much the price of an asset varies over time. It also refers to the amount of risk and uncertainty there is with price changes… Read More »

Bitcoin: Not as Bad as ‘They’ Say It Is

They‘ve been claiming “The End is Nigh” for Bitcoin since before most people were aware the ‘beginning’ had occurred. Just this week, a self-described ‘expert’ on international financial markets, has been trash-talking crypto in the US Senate. Yet, an advanced statistical analysis found that the Bitcoin market is actually no different than those of more respected currencies. How Do We… Read More »

Altcoins Are Eating Into Bitcoin’s Market Share, And They Won’t Be Stopping

Things have been getting very hot for Bitcoin as it spent the last one year trying to fend off market attacks from altcoins. Bitcoin hasn’t done very well in this war as altcoins have managed to grab a significant market share right from under the pioneer coin. Altcoins Are Getting Attractive Startup crypto projects that only entered the… Read More »

Whales On The Move: Somebody Just Transferred $193 Million Worth Of Bitcoins From A Billion-Dollar Wallet

Players in the Bitcoin market are anxious to dig up anything they can about a Bitcoin whale spotted doing something that could potentially impact the market, especially seeing as the Bitcoin market has been running between bears and bulls of late. Crypto investors spent the better part of the early Thursday trying to understand the motive behind the… Read More »

Owner of NYSE Launching New Bitcoin (BTC) Market is a Double Edged Sword, says Wallstreet Veteran

The metaphor of something being a double edged sword means that something has the potential for being favorable and also unfavorable. Picture the blade which is sharp on both ends. It is a threat to both the opponent and an inexperienced user. This concept can be applied to the recent news of the owner of the NYSE (Intercontinental Exchange) launching… Read More »

6 Reasons Why Bitcoin Price is Down — (And Some Positive News Too)

As the week comes to a close, let us reflect on and digest all the news — most of which was negative, that happened in the cryptocurrency arena affecting Bitcoin price. Oh Look, Another Exchange Hack Tuesday evening, popular South Korean cryptocurrency exchange Bithumb reported a system breach that resulted in approximately $31 million worth of cryptocurrencies being… Read More »