Bitcoin?s price saw an explosive movement higher yesterday that allowed it to surmount its multi-week resistance at $9,500 This movement was technically significant because it allowed the crypto to smash a crucial resistance that it is now being flip
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Bitcoin Rips Past $9,600 as Bulls Assert Control: What’s Next for BTC?
Bitcoin has continued to push higher after Wednesday’s rally. The asset trades around $9,650 as of this article’s writing. Bulls expect the asset to continue to gain strength as Ethereum, which leads the crypto market, and other markets l
Bitcoin Is On the Verge of Falling Towards $8,500, Then $7,000: Analyst
Bitcoin is finally showing strength as the stock market and precious metals have surged higher. As of the time of this article’s writing, BTC changes hands for $9,500. BTC closed Wednesday’s trading session above a crucial level. The asse
Bitfinex Whale Doubts Ethereum Will Ever Revisit Its All-Time High of $1,400
Ethereum has seen recent fundamental strength with an uptick in adoption and users largely due to DeFi. This recent development has led some to suggest that the cryptocurrency will eventually revisit its all-time high price. In 2018, the prominent al
The Evolution of Proof of Stake – From Peercoin and Nxt to Algorand
The concept of using Proof of Stake (PoS) as an alternative to Proof of Work (PoW) for securing crypto networks has been around for a long time now. It was Sunny King and Scott Nadal who first proposed PoS in 2012 as a more energy-efficient solution
Not a Bitcoin Breakout: Fractal Suggests Crypto At Risk of Plunging
Bitcoin climbed higher in the last 24 hours, breaking above the $9,500-mark for the first time in a month. The jump helped improve the cryptocurrency’s short-term bullish sentiment after weeks of a sideways trend. Nevertheless, a convincing fra
A 4-Month High Bitcoin-Gold Correlation Hints at a Bullish Market Sentiment
The correlation between Bitcoin and its traditional rival Gold reached a four-month high on July 22. At the same time, the cryptocurrency’s correlation with the S&P 500 index plunged to its one-month low. The readings appeared as the US 10-
Why Bitcoin Falling Below This Price Could Signal “Real Weakness”
Bitcoin has once again flatlined after rallying to $9,400. The cryptocurrency remains stagnant despite large movements in the stock and precious metals market. Analysts say the cryptocurrency must maintain $8,800 moving forward. There are fortunately
Bitcoin Holding Above $9,300 Has Opened the Gates for a Rally to $10,000
For the first time in weeks, Bitcoin has been able to hold on to the gains that it captured as a result of yesterday?s upswing Previously, the cryptocurrency?s moves towards $9,400 have been followed by sharp retraces It appears that BTC is growing m
Why Ethereum May Severely Underperform DeFi Tokens During Next Bull Market
Ethereum has seen some positive price action throughout the past day, although it remains highly correlated to that of Bitcoin It also remains caught within its macro trading range between $230 and $250, with its buyers being unable to surmount the u