|Day's Range||9,999.212 - 10,406.038|
|52 Week Range||5,720.53 - 18,097.54|
|Volume (24hr) All Currencies||62.00B|
Bitcoin is on the brink of a bullish breakout above $8,000 after surging to $7,400 on Tuesday morning. The world's largest cryptocurrency has now risen by 13.66% over the past week with a further 2.88% gain being printed today. An upside target when analysing the chart has emerged at $8,080 as it is a historical level of resistance that is in confluence with the daily 200 moving average. A break above that point would indicate that the short-term downtrend has now finished and that Bitcoin has reversed into a bullish posture. It would also tie in with the upcoming block reward halving, a historically bullish event due to a reduction in supply going onto the market. Hash rate has also
It’s a mixed start to the day for the majors. Failure to move back through early highs could see the majors give up Monday’s gains…
It’s a mixed start to the day for the majors. Failure to move back through the morning highs could see the pack come under pressure later in the day.
Crypto exchange Gemini is adding support for Brave browser’s BAT token later this month.The post Gemini is adding support for Brave browser’s BAT token appeared first on The Block.
It’a bullish start to the day for the crypto majors. Steering clear of key levels would be needed, however, to support further upside.
Bitcoin trading volumes grew sharply in Q1 of 2020 amid the coronavirus pandemic.The post Bitcoin trading volume on exchanges grew 61 percent in Q1 compared to previous quarter appeared first on The Block.
It’s a mixed start to the day, with Ripple’s XRP bucking the trend early on. Failure to move through early highs will bring support levels into play.
Bitcoin looks to be on the brink of a major breakout as it coils up just beneath the crucial $7,000 level of resistance. The test of $7,000 comes after a volatile trading session that saw Bitcoin surge from $6,600 to $7,300 before being met with a substantial sell-off. Bearish pressure eventually pushed price back below $6,800, although a bounce this morning has lifted it back into a bullish posture. If Bitcoin can close Friday's daily candle and Sunday's weekly candle above $7,150 it would confirm a bullish breakout, which would pave the way towards continuation to the upside. Potential targets begin to emerge at both $7,400 and $7,850 if a breakout is to come into fruition, while a rejection from
Thesis, the team behind the Keep protocol, has secured $7.7 million in a fresh funding round as the company is set to launch tBTC v1 on April 27.The post Venture production studio Thesis closes a $7.7 million funding round as it prepares for tBTC's launch in April appeared first on The Block.
Bitcoin has stunned critics this morning as it dusted itself off with a staggering 6.22% rally to the upside. At the time of writing it is trading at around $6,680, just below the level of resistance at $6,850 which was tested on numerous occasions throughout March. A breakout and daily candle close above $7,000 would invalidate any bearish theories about Bitcoin over the coming weeks as it looks to climb back to the $7,800 mark. However, Bitcoin was rejected from $6,850 on March 20 and again on March 25, with price proceeding to fall by 20% and 16% respectively. While it's true that a level of resistance becomes weaker upon every test, another rejection here would almost certainly confirm continuation
It’s a mixed start to the day for the pack. A sell-off could be on the cards should the majors fail to move back through early highs.
It’s been a mixed start to the day for the majors. Failure to move back through the early highs could see support levels come into play.
The recent daily death cross on the Bitcoin chart is beginning to rear its ugly head after the world's largest cryptocurrency by market cap failed to breakout above $7,000. Trade volume has dropped off significantly over the past fortnight, averaging around $30 billion per day despite regularly topping $70 billion earlier in the month. The apparent lack of interest will undoubtedly be a cause for concern for bullish Bitcoin investors, especially considering its failure to break above $7,000 after March 13's sell-off. One glimmer of hope for Bitcoin's tribal followers is the upcoming halving event, which will see block rewards for miners slashed from 12.5BTC per block to 6.25BTC per block. This has historically been a bullish event for cryptocurrencies
It’s a bearish start to the day. Failure to move back through key levels could lead to heavier losses before any recovery.
It’s a bearish start to the day, with the bears in control following the March sell-off. A Bitcoin move through to $6,440 would signal a rebound.
Lightning Labs has unveiled a new authentification protocol, the Lightning Service Authentication Tokens (LSAT) protocol, that would allow businesses to offer paid APIs on the Lightning Network. The post Lightning Labs unveils authentication protocol that lets providers offer paid, metered APIs on the Lightning Network appeared first on The Block.
HIVE Blockchain Technologies, a Canada-based publicly-traded ether (ETH) mining firm, is diversifying into bitcoin mining operations.The post An ether mining firm is acquiring a bitcoin mining facility for $2.8M appeared first on The Block.
Opera’s Andriod browser has expanded its crypto buying feature for all 27 EU countries, as well as four more nations - Australia, New Zealand, Mexico, and Switzerland.The post Opera expands its crypto buying feature for the entire EU and four more countries appeared first on The Block.