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Metrics Indicated Bitcoin Price Is Back on Route to $10,000

Bitcoin (BTC) price today lit up, racking 5.78 percent to a daily high of $9,398 before pulling back to stabilize in the region of $9,400. The strong upside movement lifted the top-ranking digital asset of CoinMarketCap through the resistance range of $8,800-$8,930. Since the halving day correction lowered the price to $8,122, the price of […]

Bitcoin Falls Below $9K as Traders Indicates 'Technical' Retrace

Bitcoin Falls Below $9K as Traders Indicates ‘Technical’ Retrace

Bitcoin (BTC) bounced off $8,500 on April 30 after fresh uncertainty saw the largest cryptocurrency shed in hours at 8 percent. BTC price tests re-established support Cointelegraph Markets and CoinMarketCap data on Thursday’s trading showed a rapid turnaround for Bitcoin, diving from highs of $9,440 to lows of $8,530. At press time, support was staying […]

Bitcoin’s Unstoppable Uptrend Reached Over $9,100

Bitcoin’s Unstoppable Uptrend Reached Over $9,100

For the Bitcoin industry, the past 24 hours is volatile. The cryptocurrency has been in an almost relentless uptrend since breaking past $7,800 on Wednesday morning. Surging past resistance after resistance in the $7,000s, $8,000s, and most recently, the ever-important $9,000-level. This extreme uptrend comes on the back of an increase in buying volume on […]

Blockchain Network Waves Opens New Covid-19 Betting Market

Blockchain Network Waves Opens New Covid-19 Betting Market

Blockchain platform Waves has introduced a new betting market. That allows users to speculate if coronavirus pandemic spread has reached its height. Customers can now buy the tokens ‘COVID-UP-SEP20’ and ‘COVID-DOWN-SEP20′ to bet on whether the number of new weekly cases worldwide will surpass April 4 – 10’s record of 595,802 confirmed infections before September. […]

User Funds Are Safe After the Confirmed Breach of Etana’s Custody

User Funds Are Safe After the Confirmed Breach of Etana’s Custody

On April 18, Etana Custody, a custody firm offering fiat financing services to Kraken’s main cryptocurrency exchange, reportedly breached. Given an unauthorized party infiltrating the Etana’s network. Also, a company spokesperson stated to reporters that there was no effect on client funds. On April 18, a widely cited memo from Etana Custody states that. “client […]

Bitcoin Price Shows All 3 Key Signs of a Classic Bull Trap

Bitcoin Price Shows All 3 Key Signs of a Classic Bull Trap

The price of Bitcoin increased over a 24-hour span by more than 10 percent, rising from $7,020 to $7,770 on both spot and futures exchanges. But, BTC shows all three signs that the upsurge was a trap for bulls. Before the rebound, negative futures funding levels, Bitcoin altcoins struggling to run front. And the BTC […]