Cryptocurrency

$10,000 Bull Trap? Why Bitcoin Price Is Now Likely to Pull Back - Cointelegraph $10,000 Bull Trap? Why Bitcoin Price Is Now Likely to Pull Back - Cointelegraph J.P. Morgan—Bitcoin’s ‘Biggest Enemy’—Suddenly Appears To Be Going All In On Crypto - Forbes Bitcoin’s $100K Probability – Speculation or Economic Theory Backed? - Finance Magnates Bitcoin Price Drops to $8,840 — Key Metrics Signal BTC May Correct Further - Cointelegraph $10,000 Bull Trap? Why Bitcoin Price Is Now Likely to Pull Back - Cointelegraph Posted: 31 May 2020 02:24 AM PDT Bitcoin ( BTC ) price was once again sideways last week with price action between bulls and bears proving to be equal. But scenarios look likely for Bitcoin as we approach the month of May comes to a close? Let's take a look at what's happening with the largest cryptocurrency by market capitalization, BTC.  Daily crypto market p...

What is the value of AUD (Australian Dollar) / USD (US Dollar) on Sunday May 31, 2020 - Born2Invest What is the value of AUD (Australian Dollar) / USD (US Dollar) on Sunday May 31, 2020 - Born2Invest Posted: 31 May 2020 09:28 AM PDT Forex pairs explained Forex trading is inherently risky and there are countless forex pairs to choose from. The only way to make a profit from forex trading is to understand how the market works. Luckily for you the Born2Invest forex team has collated some forex trading tips to get you started. Forex trades are always made using currency pairs. Whenever you buy one currency you are selling another. In every pair there is a base currency, for example AUD (Australian Dollar) and a quote currency, which would be USD (US Dollar) . The price of a currency pair represents the amount of quote currency, or USD (US Dollar) , that you will need to spend in order to purchase a single unit of AUD (Australian Dolla...

Will Bitcoin’s Halving Be The Gold Rush Some Expect? - Forbes Will Bitcoin’s Halving Be The Gold Rush Some Expect? - Forbes Posted: 08 May 2020 07:54 AM PDT Bitcoin SOPA Images/LightRocket via Getty Images Another milestone in the crypto calendar is upon us with the upcoming bitcoin halving , a key feature in Satoshi's blueprint for creating greater scarcity every four years by halving the new bitcoins available per block to miners and reducing the bitcoin supply. This will be the third halving since Bitcoin's inception in January 2009 and from a price perspective, both of the previous events were very bullish for the cryptocurrency, triggering price rises of 81 times and 30 times in the 18-month period after the 2012 and 2016 halvings respectively. Bitcoin Cash's halving on April 8th ended up being a bit of a non-event but does that mean bitcoin's halving will also be just another day in the salt mines? Experts are ma...

For many altcoins, the past month has been fairly stagnant in terms of their price action. Bitcoin continues to inch closer to the lucrative $10,000 mark, however for cryptos like XRP, Basic Attention Token, and Dogecoin, the past few days saw very little gains, with coins moving mostly side-ways after having consolidated their price. Source: Coinstats At press time Bitcoin was being traded at $$9578 with a 24-hour trading volume of $13.8 billion. During the course of the past day, Bitcoin’s price increased by a negligible 0.28 percent. XRP Source: XRP/USD, TradingView For the world’s third-largest cryptocurrency the past 48-hours have not been very exciting. Since May 28, the coin has seen a 5 percent increase in price and is currently being traded at $0.203. At press time, XRP has registered a market cap of $8.9 billion and has a 24-hour trading volume of $1.6 billion. Currently, XRP’s price is extremely close to testing the support at $0.207. However, if the coin’s fo...

Bitcoin (BTC) price was once again sideways last week with price action between bulls and bears proving to be equal. But scenarios look likely for Bitcoin as we approach the month of May comes to a close? Let's take a look at what's happening with the largest cryptocurrency by market capitalization, BTC.  Daily crypto market performance. Source: Coin360.com A bullish monthly candle close  BTC/USD 1-Month chart. Source: TensorCharts Starting out on the monthly, we can see that Bitcoin grew in value by nearly 25% in the month of May. This is always a nice thing to see. However, since the March 12 dump, it's nothing for long term hodlers to get excited about just yet.   Nevertheless, as the one month candle is due to open above the .382 fib retracement level, a move up towards the .618 of $13,700 is something to be excited about. With that being said, let's not get ahead of ourselves, we first need to claim $11,800, and one cannot ignore that a move to the downs...

Bitcoin (BTC) price was once again sideways last week with price action between bulls and bears proving to be equal. But scenarios look likely for Bitcoin as we approach the month of May comes to a close? Let's take a look at what's happening with the largest cryptocurrency by market capitalization, BTC.  Daily crypto market performance. Source: Coin360.com A bullish monthly candle close  BTC/USD 1-Month chart. Source: TensorCharts Starting out on the monthly, we can see that Bitcoin grew in value by nearly 25% in the month of May. This is always a nice thing to see. However, since the March 12 dump, it's nothing for long term hodlers to get excited about just yet.   Nevertheless, as the one month candle is due to open above the .382 fib retracement level, a move up towards the .618 of $13,700 is something to be excited about. With that being said, let's not get ahead of ourselves, we first need to claim $11,800, and one cannot ignore that a move to the downs...