Bitcoin (BTC) Tumbles to $8,600 in Sudden Crypto Crash, Sending Ethereum, XRP and Altcoin Market Into Deep Red Territory

Bitcoin (BTC) Tumbles to $8,600 in Sudden Crypto Crash, Sending Ethereum, XRP and Altcoin Market Into Deep Red Territory

Crypto traders falter from a sharp and sudden drop in the price of Bitcoin (BTC). BTC went from about $ 9,600 to $ 8,600 in an instant, according to data collected by CoinMarketCap. It is currently $ 8,749 at time of publication, down 11.40% in the past 24 hours. Analyst Josh Rager says BTC must … Read more

Bitcoin Options Traders Flip Short as Fears of a Post-Halving Selloff Mount

Bitcoin Options Traders Flip Short as Fears of a Post-Halving Selloff Mount

The Bitcoin rally has shown some slight signs of slowing as it struggles to gain a foothold in the $ 10,000 region. The cryptocurrency is now consolidating as buyers seek more support. It appears that option traders are overwhelmingly falling short on the benchmark cryptocurrency – a sign that they expect it to see a … Read more

Bitcoin Gains Traction Ahead of Halving, Altcoins Struggle To Follow

Bitcoin Gains Traction Ahead of Halving, Altcoins Struggle To Follow

In the past two days, there has been a steady rise in bitcoin price above the USD 9,000 and USD 9,200 resistance levels. BTC even broke the USD 9,500 resistance and peaked above USD 10,000. It is currently correcting lower (08:30 UTC), but dips remain supported above USD 9,550 and USD 9,500. However, there was … Read more

Crypto Whales Are Buying Bitcoin As Signal That Sparked 2,700% BTC Bull Run Returns

Crypto Whales Are Buying Bitcoin As Signal That Sparked 2,700% BTC Bull Run Returns

New data shows that some of the largest Bitcoin investors out there are increasingly storing BTC. According to the crypto analysis provider Glassnode, the number of investors who own at least 1,000 Bitcoin or more is increasing rapidly. Prominent crypto analyst Willy Woo says it is a sign that experienced traders are bullish, despite the … Read more

Tesla stock recovers after Elon Musk tweets price is ‘too high’

Tesla stock recovers after Elon Musk tweets price is ‘too high’

Elon Musk, CEO of Tesla and SpaceX, rarely stops Twitter and often uses his direct stream to 33.9 million followers to share his thoughts big and small. That recently included his decision to sell most of his belongings, details about his newborn, and his view of the United States’ response to the coronavirus. It also … Read more

Here’s Why Altcoins Won’t Gain Dominance Over Crypto Market Anytime Soon

Here’s Why Altcoins Won’t Gain Dominance Over Crypto Market Anytime Soon

Altcoins performed higher on Bitcoin during the last push. This has led many cryptos to form bearish technical structures against their BTC trading pairs, which could cause them to decline in the coming days and weeks. Analysts are now noting that this underperformance trend is unlikely to slow down anytime soon. This potential short-term weakness … Read more

Ripple Reveals Details on its New Trading Platform Through Job Openings

Ripple Reveals Details on its New Trading Platform Through Job Openings

Source: Adobe / CascadeCreatives There is more information about a new trading platform that Ripple, an American blockchain company that focuses on payment technologies, is in the works – and it’s due to employment additions. Ripple is seeking a staff engineer for their ‘trading platform team that provides market access to Ripple products’. What this … Read more

Brazil Shows Spike in Bitcoin (BTC) Volume As Argentina Sees 437% YoY Surge on Crypto Platform

Brazil Shows Spike in Bitcoin (BTC) Volume As Argentina Sees 437% YoY Surge on Crypto Platform

The Brazilian government warned on Friday that the country will face a full economic collapse within 30 days. In Argentina, officials are weighing the rejection of their latest debt restructuring proposal, leaving the country to default on a $ 65 billion loan. As the pandemic ravages the two struggling economies and people turn to safe-haven … Read more

Despite Bitcoin halving, Bitcoin’s still tracking the stock market

Despite Bitcoin halving, Bitcoin’s still tracking the stock market

Bitcoin is often claimed to be a safe haven. As the theory goes, the money supply is anchored in ingrained monetary policies, such as Tuesday’s halving of Bitcoin. This was decided more than a decade ago and it cannot be changed in the whim of a trigger happy central bank. But the “ safe haven … Read more