Crypto Currencies Investing, Mining, Trading News & Updates
The bullish news continued on Thursday morning, but sellers remained in control of the market.Markets, news, Bitcoin, Market WrapRead More
Bitcoin is recovering but still below key liquidation levels. A break above $74,000 could trigger a short squeeze to $100,000…
The driving firm behind the K-pop movement, SM Entertainment, said it’s planning to launch a cryptocurrency focused on engaging fans with artists.
Bitcoin and the aggregated crypto market incurred a sudden influx of buying pressure late-yesterday that allowed most major cryptocurrencies to post some decent gains, although these were largely erased overnight as BTC dropped back down towards $10,400. Bitcoin’s consistent ability to post strong bounces with each visit into the $9,000 region certainly provides some justification for a bullish outlook on the cryptocurrency, but one analyst is now pointing to the existence of a large falling wedge, which may mean that BTC will drop as low as $7,400 before positing a sustainable rally. Bitcoin Fails to Rally Overnight At the time of writing, Bitcoin is trading up nominally at its current price of $10,440, which marks a slight rise from its 24-hour lows of below $10,400, but …