U.S. Congressman Brad Sherman has sent a letter to Gary Gensler, Chair of the U.S. Securities and Exchange Commission (SEC), regarding the situation of Grayscale Bitcoin Trust (GBTC).According to Sherman, as many as 850,000 retail…
Ethereum is Seeing “Largest Bullish Divergence” in Years…
Ethereum has gained what appears to be a solid foothold within the $170 region in the time following its recent upswing, with its intense outperformance of Bitcoin and most of its peers allowing it to…
Market Wrap: Crypto Mining Stock Hut 8 Jumps…
Shares of cryptocurrency mining firm Hut 8 Mining Corp. (TSX:HUT) surged 32 percent with unusually high trading volume on the Toronto Stock Exchange Friday. The huge, surprising bounce for the stock arrives after the firm…
Fractal Pattern Suggests Bitcoin Will Start an Insane…
Bitcoin has held up surprisingly well throughout the past day, with buyers maintaining its price above $7,000 despite facing multiple firm rejections around $7,200. This has led some analysts to note that a break above…
Price Analysis April 17: BTC, ETH, XRP, BCH,…
Binance chief executive officer Changpeng Zhao said that trading activity across major crypto exchanges had increased between 3 to 5 times. This is a bullish sign as it “means there are a lot more people…
Stock Market Prints TD9 Sell Signal, Correlated Bitcoin…
Bitcoin has been showing a tight correlation with the stock market – the largest correlation in the asset’s young history. A historically accurate sell signal has just triggered across three major United States stock indexes,…
Bitcoin Halving Searches on Google Hits All-Time Highs
Searches for “bitcoin halving” on Google Trends recently reached record highs, suggesting peak interest in the retail crowd about the upcoming supply altering event. Queries about the highly anticipated event peaked in the week ending…
Crypto Marketplace Purse.io to Dissolve Operations After 6…
On April 16, the crypto firm Purse.io announced the company is planning to dissolve after six years of operation. The marketplace provided incentives for people who wanted the lowest price points by leveraging cryptocurrency solutions.…
XRP Reclaims Downtrend Line After False Breakout, What’s…
XRP has continuously struggled for the last two years, unable to break free from downtrend resistance and recover any lost gains from the asset’s previous peak. But the altcoin commonly called Ripple has recently reclaimed…