Binance IEOs Suffer Setbacks after Matic Fiasco
Almost all the coins that came to consciousness via Binance Initial Exchange Offerings (IEOs) Launchpad are plunging in value. Traders who purchased those assets during…
Bitcoin
Bitcoin Trades in a Consolidative Triangle After Rebound Failure
The price of bitcoin (BTC/USD) is now trading just below $7,400 after wiping out all the gains it made on Tuesday following a sharp spike….
Bitcoin Price Recovery Continues Above $7,500 In Thinly Traded Market
The price of bitcoin (BTC/USD) continued with its recovery on Thursday to recover Monday’s losses that saw its bottom at a new multi-month low of…
Bitcoin Plunge Continues below $7,000; Is Breakdown Near?
Bitcoin started the week in negative territory as price retested its six-month low in the latest downside move. The benchmark cryptocurrency established a new intraday…
Bitcoin Falls as China Announces Fresh Warning on Cryptocurrencies
By Giles Coghlan, Chief Currency Analyst at HYCM Last month Bitcoin was strongly bid on the comments from China’s President Xi (Oct 24) that China…
Bitcoin Flirts with $7K Support in Latest Price Breakdown
Bitcoin rose by more than $3,200 in October after China’s President Xi Jinping endorsed its underlying technology, the blockchain. Nevertheless, on Friday, the benchmark cryptocurrency…
Bitcoin Price Rejects a Retest of 6-Month Lows After Plunge
The price of bitcoin (BTC/USD) on Friday plunged to trade at around $7,378 just above the current 6-month lows of about $7,300. The bitcoin price…
Bitcoin Continues Losing Capital as Global Risks Mount
Bitcoin continued to trend hand-in-hand with global equity markets as investors’ concerns mounted over a potential hindrance in the ongoing US-China trade talks. Stock indexes…