Bitcoin’s lackluster recovery from price support around $9,400 is struggling to gather upside traction amid bearish developments on the short-term technical charts. The top cryptocurrency by market value fell…
Tag: bitcoin’s
Bitcoin’s Lightning Network Is Growing ‘Increasingly Centralized,’ Researchers Find – CoinDesk
Bitcoin’s lightning network is growing “increasingly centralized,” making it more susceptible to attacks, asserts a new paper by security researchers. Seen as a potential solution to bitcoin’s scaling headaches,…
Bitcoin Traps Buyers With Biggest Daily Price Loss in Three Months – CoinDesk
View Despite an $800 fall on Wednesday, bitcoin’s broader trend remains bullish with prices holding above the higher low of $9,075 (Feb. 4 low). However, yesterday’s bearish engulfing candle…
On-Chain Activity Suggests Bitcoin Price Volatility Will Continue, Thanks to ‘Whales’ – CoinDesk
Bitcoin’s (BTC) price volatility spiked in January and could further increase over the near term because “whales” have surfaced. The cryptocurrency’s annualized volatility grew roughly eight percentage points in…
Low-Volume Bitcoin Pullback Stalls at Price Support Near $9.6K – CoinDesk
Bitcoin’s price pullback looks to have stalled with the bears losing steam near former hurdle-turned-support on Sunday. The number one cryptocurrency by market cap ran into offers over the…
Bitcoin Most Overbought in 2 Years After Price Rises Back Above $10K – CoinDesk
Bitcoin’s recent price rally is looking as overstretched, according to a technical indicator. The money flow index (MFI), a momentum indicator that incorporates both price and trading volumes, has…
Bitcoin Hits 5-Month High Following Fed Chair Powell’s Privacy Praise – CoinDesk
Bitcoin’s (BTC) price is trending solidly back above the 5-digit figure mark. At around 15:00 UTC on Feb. 11, the price of BTC rose back above $10,000 from around…
Bitcoin News Roundup for Feb. 10, 2020
With bitcoin’s move up to $10,000 taking a well earned breather, Markets Daily is back with our bitcoin roundup.
Bitcoin Breaks Above $10,000 in Spot Market – CoinDesk
For the first time in three months, bitcoin’s price is being quoted in five digits to the left of the decimal. The top cryptocurrency crossed above $10,000 at 04:10…
Pullback Ahead? Bitcoin Price Indicators Suggest Waning Bull Momentum – CoinDesk
Bitcoin’s price action of the last 24 hours is telling a tale of buyer exhaustion and hinting at a more major price pullback ahead. The top cryptocurrency by market…