Cryptocurrencies News, Page 15

Bitcoin steadied after a choppy start to the day, with recent moves and a test of resistance at the 23.6% FIB Retracement Level on Wednesday suggesting a possible near-term bullish trend formation, $7,000 the next target for the bulls.

Bitcoin renews the local maximums and its current growth happens while trade discrepancies increase. A possible favorable decision of American regulators on Bitcoin ETF becomes the latest news driver and should lead to new money inflows from institutional investors.

On July, 5 Storiqa releases Storiqa Wallet prototype and STQ token is going to be listed on EXMO with new fiat pairs.

Bitcoin appears to be at a crossroads, with a move back through $6,600 supporting a run at $6,700 levels and the formation of a near-term bullish trend, while a pullback to $6,200 levels would be a resumption of the bearish trend, with sub-$5,000 levels back in play.

Bitcoin held on to Monday’s gains through the early part of this morning, though with last week’s gains and Monday’s upward moves, Investors may be looking to lock in profits that could, not only weigh on Bitcoin, but the broader market.

Below you can find an overview of what happened in June in the world of cryptocurrencies – brought to you by SimpleFX CFDs trading platform. Whether you took some time off following the news and you’d like to catch up, or you just want to go over last month’s highlights,

There has been a cloud of mystery behind Satoshi Nakamoto, the man or organization that set the cryptocurrency ball rolling and the media had given up on uncovering the real identity. However, those hopes have been revived this week following rumors that Satoshi is writing a book.

Bitcoin is eyeing a possible second consecutive day of losses at the start of the 3rd quarter, with the Bitcoin bears still firmly in control and likely to remain so through the early part of the month. Avoiding sub-$6,000 levels will be key this week.

BitMEX Co-founder Arthur Hayes stated on CNBC that he remains bullish and believes the price of Bitcoin will reach $50,000 by the end of this year despite the recent falling of cryptos.Even though Bitcoin price has dropped since the beginning of the year, Arthur Hayes stated: “something that goes up to [around]

Following a solid couple of days to limit the losses for the 2nd quarter, it’s back in the red for Bitcoin at the start of the 3rd, with uncertainty continuing to pin back any meaningful rally.

Bitcoin is on the move and $6,700 levels will be the next target for the Bitcoin bulls who will need to consolidate the recent gains to support a shift in sentiment, though governments and regulators are always there to spoil the party.

Bitcoin in positive territory early, though another range bound start to the day could spell trouble again, as investors remain wary of another sell-off, the broader market having seen a number through the week.

These ranges can’t last forever and if Bitcoin doesn’t make a move soon, another sell-off looks to be on the cards, with investors likely to get frustrated at the lack of movement, Bitcoin’s peers providing far greater volatility.

Scientists from the Stevens Institute of Technology in the United States have concluded from their research that the value of Bitcoin (BTC) is highly influenced by comments made on social media.

It’s been a slow start to the day for Bitcoin, which could spell more trouble ahead as some of the majors rally through the morning to begin reversing Tuesday’s losses and move into positive territory for the week.

It’s a range bound start to the day for Bitcoin, investors treading carefully following last week’s loss as the bears look to a return to sub-$6,000 levels to bring sub-$5,000 into play later in the week.

Bitcoin is down again and, while faring better than some of the majors, there may well be more pain to come before the Bitcoin bulls can come out of hiding.

Another bad day at the office for Bitcoin, as regulators clamp down on crypto exchanges through the week, the constant threat of hacks and lack of appropriate internal controls giving regulators an avenue to rile the markets.

Kik, the Canada-based messaging app, is using digital currencies as incentives with a view of connecting with young users.

It’s a Bitcoin bloodbath as the bears grab the cryptos by the horns through the morning. Few will be looking for an opportunistic buy in until the sell-off abates, with sub-$6,000 levels now looking all the possible.