The cryptocurrency community has nothing against literally thousands of ICO scammers destroying this field right away but they don’t like what Ripple CEO is doing and saying about Ethereum and Bitcoin.
While BTC is rather unstable today, according to Google Trends data, as well as to other factors, we can suggest that the Bitcoin halving in May will cause a spike in the BTC price.
According to the statistical data from the CME Bitcoin futures market, BTC may continue rising despite the current pullback.
Having started at around $7,000 in January, the Bitcoin price has swung wildly above and below $10,000. With Bitcoin halving around the corner, many in the crypto space expect Bitcoin to keep climbing up the ladder.
The bears seem to be taking control of the crypto markets as Bitcoin and altcoins, including Ethereum and XRP, are losing heavily to wipe out all the last week’s gains. But technical indicators suggest good days ahead of this market correction.
Bitcoin expert has compared coronavirus trends with the possible Bitcoin price movement and claimed that the stochastic modeling and other tools work perfectly in this case.
What happens when a lot of people talk about possible Bitcoin price movement? Right – the price indeed starts moving. And now BTC seems to be gaining momentum ahead of May’s halving event.
Binance is extending partnership with Simplex to provide more fiat payment gateways and eliminate traction. The exchange seems to be aiming at global fiat to crypto payments dominance.
BlockFi has raised $30 million from a group of investors, including Morgan Creek Digital, Winklevoss Capital, Arrington XRP Capital and others.
Bitcoin price is hot, with analysts enrolling their opinions regarding future movements. Let’s take a look at them: will BTC reach $12,000 or will it fall?
The 4 hours indicators show that Bitcoin price has dropped over $300 off in one trading session, meaning that buyers are resting, while there are only around 88 days left before the halving. Maybe a huge sell session is coming?
Coinbase Pro will first offer margin trading with 3x leverage to retail traders from twenty-three states of the United States.
As Bitcoin is ranked among the top hot topics by Weibo in China, analysts think the popularity will catalyze its market price to $40, 0000. However, BTC dominance is down in the $300B crypto market.
The market of digital assets keeps growing confidently. Once again, we can see the main coins test the resistance levels, however, the bears have yet failed to provoke any serious decline.
Bitcoin price and the overall crypto market reacted positively after Fed Chairman Jerome Powell recently stressed on the importance of private crypto-based transactions. He said that the Fed is working on a number of projects for digital currencies.