Bitcoin

Bitcoin investors brace for further decline and consolidation as manipulation grips BTCUSD

Wall Street remained closed on Monday on account of Memorial Day. The closure of stock markets proved to be beneficial for Bitcoin as it gained approximately 2%.  However, that meager gain was all Bitcoin could manage since the previous week....

Reasons for the decline of BTC, and why is it essential for Bitcoin investors to understand now

The week that ended on Sunday was the first time in ten weeks that Bitcoin witnessed a massive fall. BTCUSD declined by 10.7% during the last week. The week prior, Bitcoin gained more than 15%. We have all heard in...

BTC falls to $8,600, what should you do now with your Bitcoin holdings?

Bitcoin seems to have lost steam after crossing the coveted $10,000 mark. Several investors who purchased BTC for quick gains following the halving are now dismayed. However, our analysis suggests that this fall was imminent. $10,000 was always going to...

Technicals suggest Bitcoin will go higher | Analysts: $10,000 was a psychological barrier for BTC

We have entered the last week of this eventful month. We witnessed Bitcoin's halving, its rise past $10,000 post the halving, and its fallback to $8,200 thereafter.  The decrease in the Hash rate for BTC is likely to make it...

Regulators in China’s Sichuan order crypto mining companies to shut down in an orderly manner

Regulators in China's Sichuan region have sent a notice to all crypto businesses within their jurisdiction end to all mining and mining-related activities in an orderly manner. Municipal administrators and subordinate offices in the region have also been directed...

Crypto adoption surges in African countries.

According to the report by Arcane Research and Luno found that Uganda, Nigeria, South Africa, Ghana, and Kenya are frequently among the top ten countries by Google searches for the word "Bitcoin." Crypto adoption is making significant advances in...

Bitcoin Hash Ribbons pattern confirmation: BTCUSD likely to consolidate now, but it could soon rise by 3000%

Bitcoin lately dropped from its high of $10,000 to around $8,600. There were rumors that Satoshi, the Bitcoin founder, did the transfer of 50 BTC from an eleven-year-old wallet. There is no evidence to prove its authenticity. It promoted a...

Should you invest in Bitcoin, Gold and Silver to protect your portfolio as economy worsens

Every technology that comes up initially faces a lot of flak. The same goes for Bitcoin. When it was associated with an idea of being a hedging instrument against severe economic conditions, several skeptics believed otherwise! Today, apart from the...

The mad rush for Bitcoin: Is BTC truly a hedge against economic fluctuations?

Financial markets around the world reached staggeringly low levels in the past few months. The Coronavirus pandemic left a deeper scar than the Great Recession of 2008, or the Great Depression of 1929.  Most of the top indexes are at...

Bitcoin could make a big upside move soon as technicals indicate strong support for BTCUSD

US President's Donald Trump's retaliatory tactics on China are brewing up yet another storm for the stock markets. Japan and Germany have already entered a phase of recession. The past few months have shown the importance of diversification in investing....

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Telegram withdraws its appeal against the ban imposed on TON by the US SEC.

The instant messaging company Telegram has finally given up on its blockchain project, as it surrendered the court battle...