Mark Cuban is a self-made billionaire, owner of the Dallas Mavericks, investor, and one of the mainstays on the popular TV show Shark Tank. Although Cuban hasn’t always been the biggest supporter of crypto, the man definitely knows money and investments. Cuban has pitched an interesting “trickle up” take on stimulus spending in lieu of…
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Bitcoin price has made several attempts to break above $10,000 and revisit highs from last June. The crypto asset certainly has the momentum, however, if the rally stops and reverses at roughly $11,350, a bearish shark harmonic pattern will complete. The bearish harmonic pattern could send Bitcoin price tumbling back to retest former lows before…
DetailsCardano has been in the spotlight of the cryptocurrency market following the recent developments around its Shelley incentivized testnet. Last week, for instance, the team behind IOHK gathered a small group of operators to provide insights on how the Shelley mainnet would look like. Charles Hoskinson, the CEO of IOHK, said that from a “QA…
DetailsThis week, silver saw a 5% gain and revisited a 3-month high. Gold set a new eight-year high, reaching over $1,750 per troy ounce. The boost in precious metals also bodes well for Bitcoin, which has been rising in tandem. With both gold and silver each setting new local highs, will Bitcoin price finally take…
DetailsAs bitcoin’s supply rate went down by half, its demand among retailers and fund managers have grown stronger. The demand-supply dynamics could send the bitcoin price above $10,000, according to Matt D’Souza, the chief executive of Blockware Solutions. More gains expected for the cryptocurrency amidst global “macro and discretionary/reckless spending” by central banks. More and…
DetailsThe ever-controversial John McAfee is hitting the headlines once more, but this time he’s under the spotlight for crypto plagiarism. The team behind privacy coin PIVX alleged McAfee for copying a 2018 whitepaper. They further contend that McAfee’s Ghost coin has also appropriated numerous key features. This includes coins specs, feature sets, as well as…
DetailsThere is a 57 percent chance of Bitcoin undergoing a bearish breakout, according to a standalone indicator. The warning pops at a time when the cryptocurrency is testing a 2.5-year-old trendline as its primary resistance. If valid, then the bitcoin price can fall towards $7,700. Bitcoin has confirmed the presence of a standalone technical indicator…
DetailsOver the past eight weeks, Bitcoin has surged past resistance after resistance in its rally from $3,700 to $9,700 — the price as of the time of this article’s writing. This move has been undoubtedly impressive, with the price action attracting mainstream media attention and Wall Street investors. However, analysts say it’s not clear skies…
DetailsJust minutes ago, Bitcoin made its latest attempt at rallying to $10,000, reaching $9,950 after the close of Sunday’s candle. The cryptocurrency fell short of the key $10,000 price point, since retracing to $9,900. Bitcoin chart from TradingView.com This move has not sparked much a reaction from the derivatives market, potentially because short traders were…
DetailsBitcoin is up around 4% and it is approaching the $10,000 resistance against the US Dollar. BTC price is likely to extend its rally above $10,000 unless it dives below the $9,500 support. Bitcoin is currently gaining bullish momentum and trading near the last swing high at $9,950. The price is trading well above the…
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