Cryptocurrency News
Ethereum is witnessing a surge in accumulation as on-chain data highlights a steady increase in holdings, indicating rising confidence in $ETH’s future potential. Historically, Ethereum has often benefited from profit rotations following Bitcoin’s major price moves, and the current market setup seems primed for a similar scenario. Ethereum accumulation is […]
Last week saw Ethereum through a major breakout after subjecting to a sideway trend for three months. It exploded significantly to a new multi-month high but is now looking calm after failing to break higher. A week ago, Ethereum traded as low as $2,350 after opening bearish for the month. […]
Addresses holding between 100 and 1,000 BTC have significantly increased their share of the circulating Bitcoin supply, now controlling 20.3%, or approximately 4.01 million BTC. This represents a 5% rise from the 3.82 million BTC held six months ago, indicating a growing trend of accumulation among large holders. Addresses holding […]
The U.S. Securities and Exchange Commission (SEC) is under investigation for suspected market manipulation after a misleading announcement regarding the approval of Bitcoin Spot ETFs. Reports initially suggested the SEC’s endorsement of certain Bitcoin ETF funds, causing Bitcoin’s price to surge above $47,000 before stabilizing around $45,000. BREAKING: Securities lawyers […]
Launching a Bitcoin ETF has always seemed like a distant dream. The Wilshire Phoenix Bitcoin ETF proposal is the latest to be rejected by the SEC. Most people readily agree that the SEC will never approve such a trading vehicle. No one Really Needs a Bitcoin ETF The lack of […]
Many people still have high hopes for a Bitcoin ETF. As more time progresses, those chances have become slimmer altogether. Even Bitwise is now withdrawing its application, albeit temporarily. Still no Bitcoin ETF in Sight The company cites “being consistent with public interest and protection of investors” as the main […]
The concept of a Bitcoin ETF has been dead in the water for years. Despite another rejection looming on the horizon, Bitwise is not giving up on this idea just yet. It is not the first time that the company wants to explore a Bitcoin ETF. Bitwise Wants its Bitcoin […]
Since our last price piece, bitcoin – the father of cryptocurrency – has risen by an additional $100 and is now trading for over $3,800. While the news may be positive, it’s hard to get overly excited about the currency’s sudden change in price. The $3,600 – $3,900 range is […]
2018 was a year of ups and downs with very few high points and a ton of lows, far too many for the less-than-frequent flyer. When investors, analysts, enthusiasts, and economists look back at why crypto got such a kick in the privates the last few months, you almost inevitably […]
At press time, bitcoin is trading for a little over $3,600 according to popular exchange Bitfinex. Depending on which exchange data you look at, the father of crypto is trading for anywhere between $3,500 and $3,700, meaning bitcoin presently has a trading range of roughly $200. It’s an ugly situation […]
At press time, bitcoin is trading for just over $3,800. This is no different from where it was during out last price piece, suggesting that the currency may be settling down for the time being. However, we are witnessing bitcoin as it stands at a 15-month low. While the currency […]
At press time, bitcoin is off to a poor start in December having slunk down below the $4,000 line once again. Presently, the father of crypto is trading for just over $3,800, marking a nasty $300 fall since our previous price piece. The situation is giving rise to many questions: […]
Bitcoin is in very bad shape. There’s no sugarcoating the facts. After falling to $5,500 a few days ago, the weekend took a nasty toll on the cryptocurrency’s price and bitcoin is now trading for under $5,000. The news is quite shocking. The father of crypto has fallen into the […]
At press time, the father of cryptocurrency is back down in the $6,300 range. This is about $200 lower than where it has stood over the past couple of days. The currency made headlines after it rose back up to $6,500 following word that the Securities and Exchange Commission (SEC) […]
The father of crypto is flirting with the devil, trading at $6666 at press time. After days or even weeks of bitcoin hovering at around $6,500 and traveling in a sideways motion, many analysts predicted that a sudden rise like this wasn’t in bitcoin’s immediate future. However, it seems the […]
At press time, the father of cryptocurrency is trading for just shy of $6,600 ($6,575). This is about $100 less than where it stood yesterday. It is unclear if this is some sort of correction attempt on the currency’s part. As we near the end of the week, it’s interesting […]
The father of cryptocurrency is still trading for over $6,600. The currency is managing to retain its ground despite a few ups and downs in the market and incoming news trends. One source lists several reasons as to why bitcoin is becoming more mainstream, and why its price could climb […]
At press time, the father of crypto has dropped by roughly $100 and is trading for approximately $6,680. Overall, this has been a relatively positive week for the master of cryptocurrencies. While the price may be down for the time being, the asset did manage to retain its $6,700 price […]