Some analysts renewed their expectations of a crypto bull run following Bitcoin’s 11% gains yesterday. Resistance at the $10.5k level has proven difficult to break, having been rejected there on several previous occasions. But yesterday’s rally cut through $10.5k with ease, bringing a daily candle close at $11,030. Bitcoin daily chart with volume. (Source: tradingview.com)…
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BAND, the native asset of a decentralized oracle of the same name, surged by up to 31 percent on Tuesday. The explosive rally followed a five-day losing streak that saw BAND/USD exchange rate falling from its all-time high at $5.259 to as low as $2.825. It also came as Bitcoin plunged modestly from its year-to-date…
DetailsOKEx just became more attractive to options traders as the leading crypto spot and derivatives exchange launched three more expiration dates for its popular offering. In a late announcement last week, the platform added daily, two-day, and monthly options to the list which earlier included weekly, bi-weekly, quarterly, and bi-quarterly options. All options on OKEx…
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Bitcoin is back in the cryptocurrency market’s spotlight after smashing through the infamous $10,000 resistance barrier. Data from Glassnode reveals that more than 763 million Tether (USDT) flooded multiple cryptocurrency exchanges while buy orders began to pile up. The massive capital influx allowed the flagship cryptocurrency surge and reach a new yearly high of nearly…
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Bitcoin’s intense rally throughout the past couple of days has allowed it to fly past multiple crucial resistance levels. Bulls are now attempting to form the $11,000 price level into a strong base of support, but the selling pressure here appears to be ramping up. One positive technical development seen overnight was the potent reaction…
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Yesterday, Bitcoin broke above $10,000 with a $1,500 daily price candle and a push to above $11,400 at the high. During the rally, however, there was evidence of a whale manipulating the crypto market for maximum profit. Was this whale responsible for the Bitcoin pump, or were they simply well prepared in advance to take…
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Yesterday, Bitcoin broke up through resistance at $10,500 and in short order, rocketed another $1000 to a high of $11,419 on Coinbase Pro. Just as fast as the cryptocurrency itself climbed, the crypto market fear and greed index spiked to “extreme greed.” Greed has now reached the highest level in the crypto market in over…
DetailsOctober 19, 1987. Better known as Black Monday (now a Showtime original series), it was the worst market crash in US history since Black Tuesday on October 29, 1929, which triggered the Great Depression. On Black Monday, the Dow Jones Industrial Average fell 22.6%, while S&P 500 futures contracts plummeted 29%. With trading volumes sky-high…
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Bitcoin has extremely strong price action over recent days. At the highs of the rally on Monday, the leading cryptocurrency traded as high as $11,500 on leading margin exchanges. There remain signs that BTC could undergo a strong retracement after surging as high as $11,500. This comes in spite of the fact that BTC is…
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Bitcoin retreated by more than 2.5 percent in the early London trading session on profit-taking sentiment. The plunge almost mirrored a similar downside move in spot gold as the precious metal corrected lower shortly after coming at a striking distance of $2,000 an ounce. Analysts at JP Morgan & Chase warned about gold peaking out,…
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