Bitcoin (BTC) rallied from an intraday low at $17,573.29 on Dec. 11 to an intraday high at $29,310.19 on Dec. 31, a 66.78% rally in a short span. This shows strong demand from traders at…
Reddit Roundup – June 2020
Ladies and gentlemen, we bring you the first ever edition of Reddit Roundup by Nik and Flip of Bitcoin Magazine! This contains 50 links to most of the best quality content that was uploaded to…
XRP Tanks Compared To Crypto Counterparts Bitcoin And…
XRP spent the last several years as the worst performer in the cryptocurrency market. And even though the altcoin has been beaten and battered, it has recently sunk even lower compared to Bitcoin and Ethereum.…
Bitcoin Supply Metric Reaches Low Last Seen Ahead…
Momentum is building in Bitcoin. The asset has never been healthier fundamentally, and its most important indicators are all screaming buy. On-chain activity, hash rates, and BTC supply metrics also support this. In fact, one…
Bitcoin Flirts with Posting a Bull Cross as…
Bitcoin’s recent price action has done little to offer investors with insight into the cryptocurrency’s current trend, as it has been stuck between $9,000 and $10,000 for an extended period. There are a few crucial…
Billions of Dollars May Be Waiting to Enter…
Tether has long been used as a flight to stability when Bitcoin crashes. The influx of capital reentering the cryptocurrency market also helps to drive up valuations during bull runs. With over $9 million sidelined…
Central Bank Digital Currency Touted as Solution to…
Talk of a US central bank digital currency (CBDC) dominated proceedings, as the US Senate Committee on Banking, Housing, and Urban Affairs conducted a virtual meeting yesterday. The near two-hour-long hearing titled “The Digitization of…
Amid the Crisis, a New Generation Is Ready…
As the world’s nations and financial institutions plan their recovery from the unprecedented economic upheaval in the wake of the COVID-19 crisis, more and more people are turning to digital assets. Cryptocurrency’s extraordinary resilience during…
Analyst Expects Bitcoin Price to Break Below $8,500;…
Bitcoin is maintaining its interim support level near $9,100, but an analyst expects the price to break bearish towards $8,500. The trader forecasted the downside move days after Bitcoin established a second-quarter top near $10,500…