Bitcoin suddenly retests $50K in possible ‘shakeout’ as analysts stay bullish on BTC

Bitcoin (BTC) kept traders on their toes on Tuesday as a sudden price dip sparked a retest of $50,000. BTC still “fine” at $49,000 Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it shed $2,000 in two hours Tuesday. The pair had hit $52,960 — nearly a four-month high — before consolidating and… Continue reading Bitcoin suddenly retests $50K in possible ‘shakeout’ as analysts stay bullish on BTC

Bitcoin suddenly hits $60K as a new resistance battle liquidates $850M

Bitcoin (BTC) returned to $60,000 on April 10 as a bout of long overdue volatility hit the market in line with analysts’ expectations. “Being a bear is expensive” Cointelegraph Markets Pro and TradingView showed a sudden push allowing BTC/USD to exit the $50,000 corridor overnight on Friday. The move had been weeks in the making… Continue reading Bitcoin suddenly hits $60K as a new resistance battle liquidates $850M

Why institutions suddenly give a damn about Bitcoin

Without a doubt, Bitcoin (BTC) has become an increasingly popular asset to own among institutional investors. By the end of the second quarter of 2020, Fidelity reported in a survey of almost 800 institutional investors that 36% owned crypto assets. A separate survey, conducted by crypto asset insurance company Evertas, shared that respondents believe hedge… Continue reading Why institutions suddenly give a damn about Bitcoin

Impossible Christmas suddenly possible as restrictions ease in Victoria

Victorians have been promised a summer that seemed impossible a few months ago, with family gatherings, travel, in-store Christmas shopping and the ability to remove masks in public now permitted after 23 days without a new coronavirus infection. Premier Daniel Andrews announced widespread changes to coronavirus restrictions in the state on Sunday that included the… Continue reading Impossible Christmas suddenly possible as restrictions ease in Victoria

Bitcoin Suddenly Plummets to $11.1k After Briefly Topping $12k – What’s Behind The Drop? ⋆ ZyCrypto

Bitcoin was looking solid and bulls were in control for the most part of last week. In the early hours of Sunday, it was in the $12K highs. But in a few minutes, it all came crashing down. With it, Ethereum, XRP, and other top coins also crashed. Where Bitcoin came from a $12K high… Continue reading Bitcoin Suddenly Plummets to $11.1k After Briefly Topping $12k – What’s Behind The Drop? ⋆ ZyCrypto

The Federal Reserve Suddenly Dislikes Central Bank Digital Currency Idea

Creating a central bank digital currency has become a priority for many institutions. Not everyone is in favor of this approach, including some members of the Federal Reserve.  There are no proven benefits to a central bank digital currency at this time. Fed Dislike Central Bank Digital Currency Ideas It may help a country to… Continue reading The Federal Reserve Suddenly Dislikes Central Bank Digital Currency Idea

Bitcoin Price Suddenly Drops $300 in 1 Hour After $10,500 Rejection

Bitcoin (BTC) fell by almost 2% in an hour on Feb. 13 as markets faced rejection after reaching higher levels around $10,500. Crypto market weekly price chart. Source: Coin360 BTC suddenly dives to $10,150 Data from Coin360 and Cointelegraph Markets showed BTC/USD dropping suddenly by over $300 on Thursday, hitting daily lows of $10,150. A… Continue reading Bitcoin Price Suddenly Drops $300 in 1 Hour After $10,500 Rejection

Red 'blob' suddenly appears on radar maps off the coast of New Zealand

Giant red ‘blob’ suddenly appears on heat maps off the coast of New Zealand – as scientist warns it could devastate fish and coral in the area A giant hot patch of water has created a red blob on satellite maps off NZ’s coast The blotch stretches tens of thousands of square kilometres and is… Continue reading Red 'blob' suddenly appears on radar maps off the coast of New Zealand

Why is Facebook Changing its Tune on Crypto Advertising as It Suddenly Loosens it Grip?

Social Media giant Facebook has announced another change in its policy related to the advertising of cryptocurrencies and blockchain services. This latest change has seen its need for pre-approval on most projects in the space removed. The timing of this change in policy is interesting as there are a lot of rumours circling that Facebook… Continue reading Why is Facebook Changing its Tune on Crypto Advertising as It Suddenly Loosens it Grip?

Verge Price Gains Over 11% as Market Turns Bullish Suddenly

Weekends are always interesting when it comes to price changes affecting different cryptocurrencies. Although not all of the momentum is bullish, it appears the Verge price is trying to move up in rather quick succession. Following some very strong progress in the past few hours, there is a chance Verge might actually re-enter the market… Continue reading Verge Price Gains Over 11% as Market Turns Bullish Suddenly

EOS Hits 1,200 Transactions Per Second While Ethereum Suddenly Faces Congestion, Coincidence?

The barely month old eos blockchain has reached a new high of 1,275 transactions per second while processing around 500,000 transactions in the past 24 hours according to block explorers. Beginning around ten hours ago and for a very brief second, eos processed nearly 800 transactions in one second. Around one hour ago it reached… Continue reading EOS Hits 1,200 Transactions Per Second While Ethereum Suddenly Faces Congestion, Coincidence?