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  • markets report bitcoin price
    That 51% attack rumor Cointelegraph sparked didn't help (Photo: CoinMarketCap)
    Bitcoin,  Markets Report

    Markets Report: Bitcoin recovers from $29K dip; anger at double spend claim

    Troubled times for bitcoin as miner outflows combine with false rumors that the blockchain was compromised for the first time in history

    January 22, 2021 /

    Data from price trackers including CoinMarketCap and TradingView showed a problematic 24 hours for Bitcoin, which looks to end the week in a decidedly more precarious position than that in which it began on Monday.

    Read More
    Anthony Bevan
  • markets report bitcoin price
    Is bitcoin going to break $30,000 in the wrong direction? (Photo: CoinMarketCap)
    Bitcoin,  Markets Report

    Markets Report: Bitcoin heads to $30,000 but exchange supply anything but bearish

    A new round of price losses contrasts with a record withdrawal rate from exchanges this week

    January 21, 2021 /

    Bitcoin saw a fresh sell-off on January 21 as a surprise bearish phase swept the market despite huge institutional buy-ins. Travis Kling, founder of crypto hedge fund Ikigai, argued that the forthcoming entry of multitrillion-dollar asset manager BlackRock into the Bitcoin arena was a far more important price trigger.

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    Anthony Bevan
  • markets report bitcoin price
    The Biden inauguration has been good for the dollar, but less so for bitcoin (Photo: CoinMarketCap)
    Bitcoin,  Markets Report

    Markets Report: Bitcoin Falls on Biden Inauguration Amid Warning Stimulus is ‘Long-Term Negative’

    A subdued start of the new presidency comes as bullishness broadly fades from cryptocurrency markets

    January 20, 2021 /

    The hours prior to Biden’s inauguration saw a rebound in a previously declining U.S. dollar, something which came in tandem with BTC/USD cementing daily losses of 7%. The largest cryptocurrency had previously spent the week ranging slightly higher, with speculation rife that a breakout was due but that the direction it could take was unclear.

    Read More
    Anthony Bevan
  • markets report bitcoin price
    Ether just cracked a new all-time high. Is bitcoin ready to do the same? (Photo: CoinMarketCap)
    Bitcoin,  Markets Report

    Markets Report: Bitcoin primed for breakout as ether beats 2018 all-time high

    Action focuses on altcoins but hope mounts for a resurgence in Bitcoin bullishness a day before Joe Biden’s inauguration

    January 19, 2021 /

    Bitcoin analysts were eagerly eyeing a fresh breakout on January 19 as BTC/USD hovered nervously around $37,000. After hitting lows of $34,000 over the weekend, Bitcoin hovered roughly in the middle of its wide trading range between $30,000 and $40,000. As the week progressed, however, signs of bullish tendencies became more palpable.

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    Anthony Bevan
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