The bitcoin price has surged by 13.37 percent after trending in green for five consecutive days. As of 1040 UTC, the BTC/USD instrument was trading at $10,769.14, up 2.57 percent on a 24-hour adjusted timeframe. Earlier today, the pair had established $10,827.85 as its intraday high, according to data provided by CoinStats’ cryptocurrency portfolio management…
Tezos (XTZ) is returning impressive profits to its investors this week. The world’s fifteenth largest cryptocurrency was up 50 percent yesterday on a 7-day timeframe. It established a higher high of $1.474 according to data fetched by CoinStats’ cryptocurrency portfolio management app. The price slipped this Friday, but a marginal percentage, maintaining the upside streak…
The price of bitcoin has started picking up momentum towards the $10,500 as the Federal Reserve confirms monetary easing. As of around 06:45 UTC, the BTC-to-dollar exchange rate was trading at $10,527, up 5.63 percent on a 24-hour adjusted timeframe, according to CoinStats’ crypto portfolio management app. The pair’s upside also influenced the rest of…
The bitcoin price has delivered two consecutive buying sessions on the daily charts. The world’s leading decentralized cryptocurrency established a intraday high of $9,780.96 during Hong Kong afternoon. While it has slipped by minor pips by the time of this writing, a newly developing fundamental on a macroeconomic scale is suggesting bitcoin would continue its…
The price of bitcoin recovered slightly during Beijing morning. Nevertheless, the risks of downside remain. The bitcoin-to-dollar exchange rate late yesterday established a low towards $9,108.88, per data provided by CoinStats’ cryptocurrency portfolio management app. The pair later recovered and surged towards the $9,729.87 level. However, the upside came alongside a weaker volume rate, questioning…
The bitcoin weekend has begun on a sad note. Around $600 wiped in about 15 minutes! That sets the market tone for the next 48 hours. Bitcoin is now recovering from an intraday low of $9,402, now up by a mere 1 percent. But its likelihood of continuing its corrective downtrend is higher thanks to…
Despite being one of the most influential blockchain projects out there, Ethereum has been unable to impress investors in 2019. The second-largest cryptocurrency by market cap is down more than 26 percent in July. And regardless of an impressive YTD return of 60 percent, it remained dwarfed before bitcoin, whose yearly returns are almost triple…
Tron is staring at the abyss right in the face. The twelfth largest cryptocurrency by market cap is looking to slip into a bottomless area of trading. Having crashed by almost 75 percent from its 2019 top against bitcoin, Tron appears weaker in its knees to jump back. Data on CoinStats, one of the best…
It’s a season of bitcoin price predictions. Some believe the cryptocurrency is heading to zero, while other forecasts it would hit a seven-figure valuation. Joining the club of crystal-ball astrologists is Dan Morehead of Pantera Capital, who sees bitcoin at $356,000 in a couple of years from now. The founder said in a podcast interview…
US Treasury Secretary Steven Mnuchin is the new Nouriel Roubini for bitcoin enthusiasts. The comparison borrows fat from the White House official’s string of verbal attacks on the cryptocurrency. Last week, he called bitcoin “a national security threat,” sending it down by as much as 16 percent in just 12 hours. And then, Mnuchin appeared…
