Day: April 2, 2019

Bitcoin Bulls Stampede Bear Market Amid Major Dow Rally

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Bitcoin surges 15 percent in 24 hours as the crypto bulls put the bears back in their place. The sudden rush of blood marks an end to a 3-month period of relative price stability for the OG crypto. Bitcoin’s Stable Streak Comes to a Positive End Bitcoin had enjoyed a stable period over the past few months, barely moving outside of a trading range between $3,800 – $4,200. That all changed today as BTC surged to $4,770. At press time, bitcoin is up over 15 percent according to Coinmarketcap. Bitcoin’s…

What Just Happened To Bitcoin (BTC)? Crypto Analysts Explain

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What. The. Hell. As reported by Ethereum World News earlier today, Bitcoin (BTC) suddenly spiked straight out of left field. Within minutes, the cryptocurrency found itself above $4,200 after trading right under that resistance level for a number of days, even weeks. While BTC breached $5,000 for a brief period during Tuesday morning’s sudden spike, the market has since pulled back slightly to $4,650, as buying pressure has subsided from the Asian and European markets. However, some are hopeful that with the opening of the American trading session, investors across…

Swiss Media Giant Opts to Pay Salaries in Bitcoin, Boosting Crypto Adoption

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A major publishing company located in Switzerland has decided to give up paying its staff in fiat and replace it with salaries in Bitcoin, despite its strong volatility On April 1, a major Swiss publisher Netzmedien AG made a public statement saying it plans to start paying all its employees in Bitcoin, leaving fiat behind. Previously, the company announced an intention to turn 50 percent of its assets to crypto. As the time of converting fiat to crypto drew nearer, the top management team offered all employees a choice – to…

Bitcoin Price Jumps to $5000 Pushing Crypto Market Cap to $160B

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On Tuesday, Bitcoin price jumped nearly 20% in just under an hour registering massive recovery after heavy consolidation. Along with Bitcoin, altcoins too have joined the bull show. The overall cryptocurrency market is witnessing a strong recovery today adding over $15 billion in the last 24-hours. The world’s largest cryptocurrency. Bitcoin (BTC), leads this massive rally. At the press time, Bitcoin price makes $4675.57 with over 13% recovery in the last 24-hours. On the daily charts by CoinMarketCap, the Bitcoin price shot to $4849, nearly 19% from its previous day…

Bitcoin Price Jumps to $5000, on Some Crypto Exchanges

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The overall cryptocurrency market is witnessing a strong recovery today adding over $15 billion in the last 24-hours. The world’s largest cryptocurrency. Bitcoin (BTC), leads this massive rally. At the press time, Bitcoin price makes $4675.57 with over 13% recovery in the last 24-hours. On the daily charts by CoinMarketCap, the Bitcoin price shot to $4849, nearly 19% from its previous day price. Also, the weekly chart shows that Bitcoin has been consolidating in the range of $4100-$4200. The latest price surge brings huge relief to Bitcoin investors who were…

Bitcoin (BTC) Price Skyrockets To $5K As Uptrend Solidifies

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Bitcoin price surged more than 15% and cleared the main $4,200 resistance against the US Dollar. The price rallied close to the $5,000 and $5,200 resistance levels, where sellers emerged. There was a break above a crucial contracting triangle with resistance at $4,200 on the daily chart of the BTC/USD pair (data feed from Kraken). The pair almost touched a strong resistance zone near $5,000 before pulling back to $4,750. Bitcoin price rallied above $4,200, $4,400 and $4,750 against the US Dollar. BTC traded towards the $5,000 resistance and it…

Crypto Market Jumps $10 Billion: Bitcoin Cash, Tron (TRX), ADA, IOTA Analysis

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The total crypto market cap is accelerating higher above the $140.0B resistance level. Bitcoin cash price is about to clear the $170 resistance level. Tron (TRX) is up around 10% and it could accelerate above the $0.0260 level in the near term. Cardano (ADA) is slowly rising towards the $0.0720 resistance area. IOTA (MIOTA) is up around 4% and it recently broke the $0.3250 resistance area. The crypto market is climbing higher, with solid gains in bitcoin (BTC) and Ethereum (ETH). Tron (TRX) rallied more than 8%, and ripple, Litecoin…

Bitcoin Posts Six Weeks Of Gains, Bloomberg Claims BTC Rally Could Continue

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Weeks And Weeks Of Crypto Gains For the first time in a blue moon, cryptocurrencies have posted consistent gains for the better part of two months. Rhythm Trader, a leading industry analyst that is also known as Alec Ziupsnys, recently pointed out that for the first time since Bitcoin breached $20,000, BTC has posted six weeks of consecutive gains. In mid-February, BTC rallied by 2.9%, then 1.58%, 2.86%, 1.73%, a mere 0.11%, and then, most notably, 3.18% over the last week. For those not wanting to deal with a handful…

Breaking: Bitcoin (BTC) Breaks Past $4,700 Out Of Nowhere

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Bitcoin Pumps Past $4,500… Somehow That’s right folks, Bitcoin is past $4,500. As of the time of writing, data on TradingView indicates that BTC is trading at $4,700 on Bitfinex — which trades a tad higher than other markets. This sudden move, which effectively came out of left field, came after BTC traded in the $4,200 range for the better part of three days. It isn’t clear what caused this move, but considering the volume indicators, a whale likely placed a large sell order. Interestingly, this move pushed BTC dominance…

Ripple Price Analysis: XRP Bulls Target $0.3200 or Higher

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Ripple price is gaining bullish momentum above the $0.3100 and $0.3120 resistances against the US dollar. The price is placed nicely in a bullish zone, with resistances near $0.3140 and $0.3170. There is a decent connecting bullish trend line forming with support at $0.3100 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is following a bullish path and there high chances of a run towards $0.3200 and $0.3250. Ripple price is trading with bullish moves against the US Dollar and bitcoin. XRP is showing…