Bitcoin Rallies 15% And It’s Now And Primed To Hit $9.5k: Technicals Show

Bitcoin is up more than 15% in a pre-halving rally against the US Dollar. BTC broke the key $8,000 resistance and the 100-day simple moving average to open the doors for $9,500 or $10,000. Bitcoin is surging and it settled nicely above the $8,000 resistance pivot level against the US Dollar. The price is gaining […]

Binance Sees Record High Trading Volume as Investors Flood into Crypto

The crypto market has been able to add on over $20 billion to its total capitalization, with the upswing seen today by Bitcoin and many of its smaller counterparts marking a full erasure of the losses incurred during the mid-March meltdown. The significance of today’s price action extends far beyond just boosting the market’s technical […]

Bitcoin Price Nearly Tops $9,000 Before Dropping to a Key Support Level

On Wednesday Bitcoin (BTC) price blasted through a series of key resistance levels as traders ponied up and set their target on the $9K mark. According to data from Cointelegraph Markets and CoinMarketCap the BTC/USD pair has rallied approximately 14.5%, notching a $1,123 gain.  With the block reward halving just 13 days away, bullish investors […]

Bitcoin Enters “Buy the Dip” Territory After Surmounting Critical Level

The uptrend that Bitcoin has been caught within in the time following its capitulatory decline to lows of $3,800 appears to have reached a boiling point earlier this morning when the benchmark crypto printed a massive $1,000 candle. This came about as the crypto rocketed from lows of $7,700 to highs of $8,800 – a […]

Binance Trading Volume Reaches All-Time High Amid Bitcoin’s Price Surge

As the Bitcoin price skyrocketed close to $9000 on April 29, Changpeng Zhao, or CZ, announced that Binance, the world’s largest crypto exchange, has hit $11 billion in trading volume over the past 24 hours. This number is considered an all-time high for the exchange. According to CZ’s post, the last time the exchange came […]

Bitcoin-Themed Manga Debuts in Japan Amid Anime Creation Crisis

A new Bitcoin-themed manga series is set to be published amid a growing interest in crypto. The series, titled “Genesis Code”, has already debuted in Japan. It is compiled by the Young Animal manga magazine and distributed by the Tokyo-based publisher, Hakusensha. The publisher released a promotional video on April 28 with the front cover […]

China’s Attitude to Crypto Can’t Change Significantly in the Short Term: Expert

The attitude of the Chinese government towards crypto cannot change significantly in the short term, according to an expert. Ivan Plantonov, an analyst at Chinese-led international information service provider and investment research firm, EqualOcean, told Cointelegraph on April 29 that he does not expect the Chinese government to change its stance towards cryptocurrencies too rapidly.  […]

Coinbase Crashed As BTC Skyrocketted

Major U.S. crypto exchange, Coinbase, and its professional trading platform, Coinbase Pro, recently went down for the count during a hectic pump day for Bitcoin (BTC). Coinbase and Coinbase Pro showed “partially degraded service” on April 29, as per a notice on Coinbase Pro.  “Coinbase has crashed as Bitcoin skyrockets today,” Morgan Creek Digital co-founder Anthony […]

With Bitcoin Price Surging, What Do Key Trends Say About BTC Halving?

For over a month, the global crypto community has been talking about the upcoming Bitcoin halving event with great gusto. However, because of the economic slump that has affected the entire planet at the moment from the spread of the novel coronavirus, it seems as though this halving may not have as big of an […]