Crucial Fundamental Data Shows Bitcoin Will Break Out of $10,500 Resistance

It’s been a tough past few days for Bitcoin. In spite of the recent rally off the $8,600 lows that has brought BTC to $9,300, the market remains depressed. BTC is trading just under 10% shy of the May highs of $10,100. Altcoins are in a similar boat. The bearish price action may unfortunately continue […]

‘What Are You Smoking?’ Winklevoss Pans Goldman Sachs Bitcoin Bashing

Bitcoin (BTC) supporters have widely panned Goldman Sachs after it emerged that the banking giant does not consider it as a real asset class. Materials from an investor call on May 27 revealed that the United States’ fifth-largest bank is dismissive of the largest cryptocurrency.  Goldman wheels out legacy Bitcoin complaints The main reason for […]

OKEx Joins Coinpaprika to Release India Crypto Market Research Report

Cryptocurrencies are truly global in nature, and anyone anywhere with an internet connection and a wallet can make transactions without any external intervention. The second most populous country, India is one of the fastest-growing crypto markets with a huge potential waiting to be tapped. Recognizing the importance and an opportunity to further the cause of […]

Grayscale is Now Buying 1.5 Times the Amount of Bitcoin Being Mined

Crypto fund manager Grayscale Investments is accumulating Bitcoin at a rate equivalent to 150% of the new coins created by miners since the May 11 block reward halving.  According to data published by independent crypto researcher Kevin Rooke, Grayscale has added 18,910 BTC to its Bitcoin Investment Trust since the halving, while only 12,337 Bitcoins […]

Two Key Reasons Why Bitcoin Must Clear $9,300 To Start A Strong Increase

Bitcoin avoided a major downtrend and recovered from the $8,680 support against the US Dollar. BTC price is trading above $9,000, but it must clear $9,300 to start a strong increase. Bitcoin is up more than 4% and it climbed above the $9,000 resistance. The price is trading well above the $9,100 level, but it […]

Falling Wedge Breakout Propels Bitcoin Price Above Key Resistance at $9.2K

Within the past few hours Bitcoin (BTC) price managed to press through the $9,200 resistance level to $9,281. While the 2.58% gain may not be much to talk about, the move above the key resistance level is a step forward and the initial move to $9,180 closed the CME gap from last weekend. Crypto market […]

4 Reasons Why the Bitcoin Price Is Prepared to Explode Towards $10,000

After holding under $9,000 for days on end, Bitcoin surged higher to hit $9,200 on Wednesday morning. It was a small move in percentage terms but still notable in terms of its technical significance. $9,000, after all, has been defined as a key level for Bitcoin both technically and psychologically. With the price breaking out […]

Ethereum Gets Interoperability Boost With Ren Protocol’s RenVM Release

Ren, a decentralized finance protocol friendly to Ethereum that enables inter-blockchain liquidity, has announced the launch of the RenVM mainnet. The company said that RenVM will bring cross-chain assets to the Ethereum ecosystem. This will begin first with the introduction of BTC, BCH, and ZEC, and later with other digital assets. Non-Custodial Bitcoin Coming to […]

Analyst Who Called Bitcoin Drop to $3,000s Expects Another Brutal Bear Market

Bitcoin has rallied strongly since the $3,700 lows established in March. From the bottom of the crash, the cryptocurrency is now up just shy of 150%. Although this upswing has convinced many in the industry that the bear market is over, some beg to differ. Prominent analysts and commentators say that the cryptocurrency has a […]

Ethereum is Flashing Signs That a Sizable Bull Run is Looming

Ethereum has seen some rather lackluster price action in recent times, hovering around the $200 level as its buyers and sellers largely reach an impasse. This price action has not been emblematic of the cryptocurrency’s underlying fundamental strength, however, and one analyst is noting that there are a few major factors that suggest a massive […]