The selloff in Bitcoin does not seem to end and Bitcoin continues to be one of the most damaged coins, with its price dipping below $7,000 for the first time since the middle of May. At the end of October the enthusiasm and the price spiked higher on hopes that
Bitcoin Info News Articles by Crypto Frontline
The Bitcoin price continues to be in a pretty bad spot at the present time, hovering around $8,000 on the Coinbase exchange, down more than 40% as compared to the June highs. In the absence of new positive boosts for the price, the market selloff could continue in the near-term,
The physically-settled Bakkt Bitcoin futures contracts are on their ascendency since their daily volumes continue to post larger records as the time goes by. As it was announced on Bakkt Volume Bot, the Bakkt official Twitter account dedicated to futures trading volume data, November 9th marked an important milestone. We
It’s October the 31st, the Halloween holiday for those who live in the United States. Although this is supposed to not have any correlation with financial markets, an interesting phenomenon could be noticed especially when it comes to stocks, but we would like to find out whether Bitcoin will also
The pressure resumed on Bitcoin yesterday, once the Facebook’s CEO Mark Zuckerberg started to testify in front of the US House of Representatives Financial Services Committee, with the price in dollar terms finally reaching our $7,500 target. Bitcoin grilled like the Facebook CEO Members of the House trashed the Libra
Although the Bitcoin price did not perform well during the summer, the interest in the CME Bitcoin futures contracts remains elevated, according to a recent tweet from the CME Group official account. We’ve seen recently that the recently-launched and physically-backed futures contracts of Bakkt did not spark a great interest
What was expected to be a potential catalyzed for the next Bitcoin run higher, turned out to be a disappointment, following the release of the Bakkt Bitcoin futures volume for the first week of trading. After the CFTC had approved the launching of the first futures contracts based on Bitcoin
Bitcoin continues its modest performance with the bears managing to break below a triangle formation which we’ve mentioned in our last weekly crypto analysis. After a few weeks of underperformance, the downside resumed aggressively and the price reached the daily 200 moving average again, for the first time since April
For the past four days, Bitcoin had been consolidating in a very narrow range, communicating that market participants may be gearing up for a new potential big move. It’s still unclear the dominant direction will be bullish or bearish, given a series of mixed factors. The US SEC had been
On September 9th, the Securities and Exchange Commission (SEC) Chairman Jay Clayton spoke with CNBC’s Bob Pisani and one of the main subjects had been the issue of Bitcoin-related ETFs. After losing momentum due to the latest comments from the Fed’s Chair during a Swiss forum, Bitcoin continues to lose
