We’ve four days away from the Christmas Eve and Bitcoin is gaining traction again, rising 23% in value since December 15th low. Such a strong move is beginning to fuel confidence among Bitcoin enthusiast, but let’s examine the situation and see whether there are more gains on the table.
Bitcoin Info News Articles by Crypto Frontline
Although at some point in time, there was some optimism emerging in the cryptocurrency market, as the appearance of Bitcoin-related ETFs will create a new flow on institutional money, which will push prices up, the US Securities and Exchange Commission continues to reject or postpone the launching of the
The 50% drop in Bitcoin value begins to have consequences at the beginning of December. One of the main reasons for that is the reduced profitability or unprofitability, depending on the geographical location or the equipment used for mining. The Bitcoin bloodbath made miners stop and they began to
Yesterday, November 25th, the Bitcoin price continued to edge lower and managed to reach the 3,500 level. As we have mentioned in our last weekly crypto analysis, we expect support around 3,500-3,000 area and now that the price had reached the upper band, what can be expected next? Sellers
Following the breakout of the 6,000 floor, the Bitcoin price had continued to slump, reaching a low of 4,485 on the Coinbase exchange a few hours prior to the time of writing. We’ve mentioned in our last weekly crypto analysis that buyers will need to rebound sharply and drive the
This week had not been so great for Bitcoin and we are only in the mid-Wednesday. Four hours ago, the Bitcoin price started to weaken impulsively, dipping from 6,500 to 6,350 on the Bitfinex exchange, at the time of writing. There is no actual information in the media about
The subject of a Bitcoin ETF launching this year had begun to gain traction a few months ago and currently, it is the only hope of investors for a new flow of institutional investments entering the cryptocurrency market. The United States is where most of the companies had tried
On October 31st we have the Bitcoin birthday and it will officially have 10 years since its creation. What a ride had been and what impressive price run it had since then. Today’s article is an anniversary one, so will talk mostly about positive aspects and also, October 31st
The trend of newly-created Bitcoin-related instruments continues to advance as the ICE Futures U.S., Inc. will list the new Bakkt Bitcoin (USD) Daily Futures Contract on Wednesday, December 12th. In December last year, CBOE launched for the first time ever Bitcoin futures and now the company that stands behind the
The second half of October has now begun and with it, Bitcoin seems to be building up for a higher move. Later in this article, we will see why the second half of October is important in terms of seasonality, but first, we must remind you that we have
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