Category: Price Analysis

Bitcoin (BTC) hit $9,400 on May 28 in its latest attempt to upend a downward trend which had seen $8,640 lows just days before.Cryptocurrency market daily overview. Source: Coin360BTC price: 3-day gains near 8%Data from Cointelegraph Markets and CoinMarketCap showed BTC/USD retaking new ground in Thursday trading, with daily gains at 3%.At press time, $9,400 […]

The Kleiman estate’s legal team has entered into evidence this week’s revelation that 145 addresses claimed by Craig Wright are not controlled by him.They filed a notice of supplementary evidence supporting their motion for sanctions against Wright earlier this morning, adding to their laundry list of complaints against the Satoshi-claimant.They said the new evidence further […]

Mining equipment producer Bitmain has issued two concurrent statements regarding its disgraced co-founder Micree Zhan, confirming his ousting in October.The statements were posted on Bitmain’s Weibo page on May 27, both of them reiterating that Micree Zhan, the company’s former chairman and legal representative, was removed from his position by a shareholders’ decision on Oct. […]

The price of Bitcoin (BTC) surged above $9,000, demonstrating a decent recovery in the last 24 hours. Market data shows a further upsurge to the $9,300 to $9,400 range is likely in the near-term.Three key reasons increase the probability of a minor rally: liquidation of 25x to 50x shorts are at $9,300, whales using the […]

Bitcoin (BTC) faces a challenging week as $9,000 support fades and uncertainty increases after the halving — what should you look out for in the coming days?Cointelegraph’s weekly summary takes a look at five factors likely to influence Bitcoin’s price action in the short term. Miner outflows fuel BTC price pressureThe weekend’s trading saw fresh downside […]

The majority of top traders on Binance Futures are longing Bitcoin (BTC), Ether (ETH), and 8 other cryptocurrencies. In fact, more than 50% of traders are long on 10 crypto assets despite the current decline in the price of BTC.According to Binance, the current futures positions over the past 24-hours are:Binance Futures. Source: TwitterThe data […]

A novel cryptocurrency project called PornVisory plans to reward its users with tokens for watching porn on its platform.PornVisory’s founder, Veronica Noschese, explained to Cointelegraph that there’s a natural synergy between the cryptocurrency and pornography industry, which desperately needs anonymous financial systems.As examples, Noschese pointed to PayPal banning Pornhub from its system in 2019 and the […]

Bitcoin (BTC) the most mentions on Twitter may seem logical — but the reason behind it may be more calculated than many imagined.According to the latest data, Bitcoin’s popularity on Twitter by the number of tweets is not only the highest of all the cryptocurrencies — it is proportional to market cap.BTC clings to 65% […]

As the halving hype has now passed for Bitcoin (BTC), altcoins are beginning to regain traction. In that regard, many altcoins have been showing significant movements in the past two weeks.One of the biggest gainers is Theta Token (THETA), which gained 1,000% since the crash on Black Thursday, March 12. The second token of the […]

On May 24, the price of Bitcoin (BTC) dropped to $8,800 from $9,300. In the next 24 hours, it declined to as low as $8,600, leaving the top ranked digital asset on CoinMarketCap at risk of a bigger pullback.The initial drop of Bitcoin below $9,000 coincided with a massive inflow of BTC into exchanges and […]