Bitcoin Price Finds its Climbing Boots Again
Bitcoin price is clawing its way back to a range amongst the highs achieved in 2016. Today’s high of $772. 01 sees the value of the cryptocurrency within touching distance of the year-high mark scaled in June during the lead-up to this year’s halving event. Today’s high registered at 11:30 UTC after steady gains made from midnight when bitcoin price was trading to the dollar at $764.02 on the Bitstamp Price Index (BPI). At the time of publishing, Bitcoin is trading at $768.97. The price climb registers at a time when the devaluation of the Chinese yuan continues, turning Chinese investors....
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Shiba inu was trading over 10% higher during Thursday’s session, as the token rallied to a one-week high. Following a week’s worth of consolidation, the meme coin bounced from a key support level, moving closer to a resistance point of $0.00001500. Ethereum classic was also in the green, climbing for a fifth consecutive session.
Shiba Inu (SHIB)
Shiba inu (SHIB) surged by as much as 10% on Thursday, pushing the meme coin to its highest point in over a week.
Following almost seven days of consolidating near its floor of $0.00001290, SHIB/USD rose to a....
Bitcoin price is climbing in a choppy advance. Is this the base of a large advance, or just an upward correction in a sideways spell? No telling what is happening in the chart… a setup for advance, or decline? Or a long consolidation above $550? The 1hr chart (not shown) continues to signal wildly and we pay it no mind. However, the 4hr chart (above) is interesting because it had previously given us a false buy signal, and is now on the verge of signaling a sell signal. Do we believe it? Not without 1hr confirmation, and the 1hr chart is nowhere near signaling decline in any of its....
As part of the continued demonization of gold at the hands of Bitcoin, the precious metal that was once the hard money standard has received the boot from popular daily email newsletter Morning Brew. Due to the rising popularity of Bitcoin, gold has been completely replaced with a price ticker instead for the leading cryptocurrency by market cap. Here’s why this is such a big thing, and why this is just one win of many […]
So the price of bitcoin has dropped yet again. Not by much mind you, but yesterday, when the price was hovering at around $265, it has since dropped about another $10, and now stands at around $255. So here is your daily price update... It's down once more. What can one really say about this sort of thing at this point? Bitcoin jumps up and down, up and down, and many of us just don't know when or how to predict what the future of the digital currency will be like. Yesterday, I spoke briefly about how bitcoin is currently serving as a knightly-figure in a kingdom; that at one point it....
Despite mainly being in the red, there were a few notable big movers in crypto markets on Friday. Initially, STX was one of them, climbing by as much as 36%, before giving up all of these gains. However, RUNE and KDA managed to sustain gains.
Thorchain (RUNE)
Thorchain (RUNE) rose for the second time in the last three days, as it continues to move towards entering the cryptocurrency top 50.
Following a low of $4.82 on Thursday, RUNE/USD rose to an intraday high of $:$6.27 today, which is its highest level since January 17.
As of writing this, RUNE is....