Black Thursday

Last night’s Bitcoin monthly April candle closed as a bullish engulfing, often considered a reversal candle by traders and analysts.Bulls must beware, however, as one of the most respected top technical analysts recommends not trading this setup when the primary trend is down, as more often than not it leads…

New data shows that crypto investors and traders are withdrawing their BTC from cryptocurrency exchanges in record numbers, following the historic Black Thursday collapse in mid-March. While this may initially sound like a bad thing for the market, it has incredibly bullish implications that provide a highly optimistic outlook on…

Bitcoin and the rest of the cryptocurrency space is currently a sea of green after today’s rally added over $20 billion in market cap to the total cryptocurrency market.In less than 24 hours, the total market cap across all cryptocurrencies combined, grew by over 10% thanks to a massive surge…

Bitcoin closed above $8,000 this Wednesday, wiping all its Coronavirus-induced losses from mid-March.The cryptocurrency’s move uphill came ahead of Jerome Powell’s press conference at 1430 ET today.The Federal Reserve chairman is likely to discuss strategies to tame the contracting economy, with investors expecting him to keep the interest rates lower.Bitcoin…

After trading below $7.800 for days on end, Bitcoin attempted a run at the level just minutes ago. At first, it seemed like the cryptocurrency had a chance, rallying from $7,770 to $7,870 — a gain of approximately 1.2% — within the span of two minutes.Chart from TradingView.comUnfortunately for bulls,…

Apr 27, 2020 at 20:43 UTCUpdated Apr 27, 2020 at 20:52 UTCMarket Wrap: Ether Up 50% in 2020, Hits $200 on SundayThis year has been terrible for financial markets but good for cryptocurrencies. And while much has been made about bitcoin’s (BTC) gains of 7 percent since the start of…

Apr 27, 2020 at 11:13 UTCUpdated Apr 27, 2020 at 18:26 UTCFirst Mover: Ether Trounces Bitcoin as Network Sees Surge in StablecoinsEther's price might be getting a boost from the crypto industry's version of the dash for cash.The coronavirus crisis has sent investors in both digital and traditional markets scrambling…

Bitcoin has performed extremely well over the past few days, rallying from last week’s lows at $6,800 to a high of $7,800 on April 23rd. It was a move that liquidated dozens of millions of dollars worth of short positions and convinced analysts to put credence in the BTC bull…

By Chuck Collins, Omar Ocampo and Sophia Paslaskiis | – Billionaire Wealth and the Pandemic ( Inequality.org) – In its 34th annual list of global billionaires, published on April 7, 2020, Forbes reports a modest decline in the total number of billionaires from 2,153 in 2019 to 2,095in 2020. “The…

Since the inception of Bitcoin, volatility has been a part of the cryptocurrency narrative even before exchanges and the current mainstream mentions. Now that traditional markets are showing volatility further exacerbated than anti-fragile cryptocurrency during the coronavirus pandemic, the community is seeing how traditional marketplaces like the New York Stock…