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Category: Blockchain and Cryptocurrency News

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Blockchain and Cryptocurrency News 0

Bitcoin Price Dives $500 in 3 Minutes as Volatility Continues

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The leading cryptocurrency plunged around $500 in the span of three minutes just minutes ago. Bitcoin now trades for $13,000 after hitting $12,700 briefly. Analysts remain confident after that rapid move lower. Bitcoin Prices Dives Under $13,000 After Hitting New Year High What a chaotic past few days it has been for Bitcoin. The leading cryptocurrency plunged around $500 in the span of three minutes late last hour as sellers suddenly stepped in en-masse. This
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Are Derivatives Overheated? Bitcoin Funding Rates Begin Inching Up

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Bitcoin has undergone a strong rally higher over the past week, reaching highs of $13,250. Looking at derivatives trends, one analyst recently postulated that Bitcoin’s price action may be overheated. The aggregated open interest and CVD of BTC futures markets are meeting notable resistances, he noted. Bitcoin May Be Overheated, Analyst Fears as Funding Rate Moves Higher Bitcoin has undergone a strong rally higher over the past week. The leading cryptocurrency has shot from $11,200,
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Opinion: The Impact Of PayPal Entering The Crypto Market


PayPal will expose cryptocurrency access to its 346 million user base and 26 million merchants worldwide.The news is a stamp of mainstream approval on cryptocurrency, but doesn’t come without its downsides, including asset encapsulation and centralization, the latter seen by many as the enemy of what Bitcoin stands for.
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Analysts Think Ethereum Will Surge as Bitcoin Holds $13,000 Support

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Ethereum has undergone a strong 10-15% rally over the past seven days that has brought it as high as $420. The coin is expected to move towards $433 to “catch up” to Bitcoin. Ethereum Expected to Surge As Bitcoin Holds Key Supports Ethereum has undergone a strong 10-15% rally over the past seven days that has brought it as high as $420. The coin currently trades for $412 as it positions to move higher. The
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Large Bitcoin Holders Just Moved 80,000 BTC; Analysts Grow Cautious

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Bitcoin is in the process of testing its 2020 highs again as bulls attempt to take the reins and guide it to see further upside It has been struggling to gain any serious near-term momentum due to the selling pressure at $13,200, but once broken, it could rally towards $14,000 Despite its overt bullishness at the present moment, there are a few bearish signs that may indicate that a selloff is brewing One analyst is
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Blockchain and Cryptocurrency News 0

Trader Who Called 20% September Drop: Bitcoin Likely to Continue Rally

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Bitcoin has undergone a strong rally over the past week, even after news that OKEx had blocked withdrawals. The coin trades for $13,150 as of this article’s writing, which is just shy of the weekly highs. Analysts think Bitcoin will continue to move higher in the coming days. Bitcoin Expected to Move Higher Bitcoin has undergone a strong rally over the past week, moving from the $11,500 range to the $13,000 region. The coin currently
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