Hopes and Strategies In Play As Miners Prepare For Bitcoin Halving
Bitcoin news

Hopes and Strategies In Play As Miners Prepare For Bitcoin Halving

The Bitcoin (BTC) halving is fast approaching, and already miners are swooping into action. Some are phasing out older mining hardware, while others are preparing to take equipment offline if the bitcoin price falls below certain thresholds after the halving. But while the halving will obviously reduce mining rewards by 50% and a chunk of…

Analysis: Bitcoin Bottom Is In As Those Who Needed To Sell Did It On March 12
Bitcoin news

Analysis: Bitcoin Bottom Is In As Those Who Needed To Sell Did It On March 12

At the time of this writing, Bitcoin is trading at $7,230 with $32.46B volume and a $132.56B market cap after trading below $7,000.00 for most of the past week. Those who have been “long the dip” when it hit the $4,000’s market have already almost doubled their money. The question remains to be seen as…

BTC to USD Exchange Rate | Latest News and Forecasts for Bitcoin USD
Bitcoin news

BTC to USD Exchange Rate | Latest News and Forecasts for Bitcoin USD

Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. International stock quotes are delayed as per exchange requirements. Fundamental company data and analyst estimates provided by FactSet. Copyright © FactSet Research Systems Inc. All rights reserved. Source:…

Billions in Crypto ‘Dry Powder’ On Exchanges Ahead of Bitcoin’s Next Move
Bitcoin news

Billions in Crypto ‘Dry Powder’ On Exchanges Ahead of Bitcoin’s Next Move

With the stablecoin market remaining at record-high levels for well over a month, more analysts are taking it as a sign that crypto traders have not given up on higher prices, but are simply waiting for an opportunity to enter bitcoin and other digital assets once again. As reported, many crypto investors sought refuge in…

Here’s How the Fed Could Push Bitcoin Towards All-Time Highs in 2021
Bitcoin news

Here’s How the Fed Could Push Bitcoin Towards All-Time Highs in 2021

The U.S. Federal Reserve could be the surprising suspect that gives Bitcoin a serious price boost in the months and years ahead. Although the central bank may not directly help the benchmark cryptocurrency, their actions to save the U.S. equities market from seeing a full meltdown appear to be working, leading some analysts to note…

Bitcoin Likely on Verge of a Full-Blown Bull Run: On-Chain Analytics
Bitcoin news

Bitcoin Likely on Verge of a Full-Blown Bull Run: On-Chain Analytics

Since the $3,700 bottom seen in the middle of March, Bitcoin has rocketed higher, rallying as high as $7,470 in an impressive fashion. While impressive, the cryptocurrency is not yet in a full-blown bull run, with there existing a confluence of resistance overhead the BTC price, analysts are gaining confidence a bull run is near….

Bitcoin Price Analysis: The Storm Is Here – Bitcoin Just Surged $550 In 90 Minutes To Over $7K, What’s Next?
Bitcoin news

Bitcoin Price Analysis: The Storm Is Here – Bitcoin Just Surged $550 In 90 Minutes To Over $7K, What’s Next?

That was a crazy day for the price of Bitcoin. Some would say it’s an ordinary day, but as we wrote here in yesterday’s price analysis, after sideways action in a tight range, the primary cryptocurrency had exploded. After trading for the last few days between $6800 – $7000, it first started with a deep…

Waning Selling Pressure and Big Futures Discount Paints a Bullish Picture for Bitcoin
Bitcoin news

Waning Selling Pressure and Big Futures Discount Paints a Bullish Picture for Bitcoin

In the time since Bitcoin faced what appeared to be a dire rejection at $7,200 just a couple of days ago, the cryptocurrency has shown some signs of overt strength as its bulls attempt to push it higher. Its ability to recapture its support at $6,800 overnight has been one slightly bullish sign flashed by…

Crypto Whale Says Only One Thing Will Prove Bitcoin (BTC) Is Ready for Next Bull Run
Bitcoin news

Crypto Whale Says Only One Thing Will Prove Bitcoin (BTC) Is Ready for Next Bull Run

One of most public and profitable crypto whales around says he’s waiting for a single Bitcoin signal to prove the leading cryptocurrency is ready to begin a new long-term bull run. The pseudonymous trader, Joe007, earned $20 million in realized profits on Bitfinex between February and March. At this point, he says high volatility in…