Venezuela’s Bitcoin Trading Explodes Amid Alleged Anti-Maduro Plot

The number of Bolivars exchanged for Bitcoin in Venezuela has surged to yet another record high as economic and political woes of the Latin American country continue to worsen. According to Coin.Dance, during the week that ended on August 31, nearly 115 billion Bolivars were exchanged for Bitcoin. This exceeded the previous record of close […]

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After Monster Crash Bitcoin Flashes Loudest ‘Buy’ Signal in 8 Months

By CCN Markets: Bitcoin plunged below $10,000 on Thursday after a violent three-day selloff. But now is not the time to panic. If history is anything to go by, now might be the best time to accumulate bitcoin. Zoom out to the longer-term charts and BTC is wildly ‘oversold’ according to the RSI indicator, which […]

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Bitcoin ‘Fear Gauge’ Explodes to Most Alarming Level Since 2018

By CCN Markets: The Bitcoin Fear and Greed Index has crashed to its lowest level in almost a year. The index, which tracks sentiment among investors, hasn't plumbed these lows since December 2018 when the king of crypto finally found yearly support just above $3,000. The current reading of 11 out of a possible 100 […]

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This Chart Perfectly Shows Bitcoin’s Brutal Dominance over Altcoins

By CCN Markets: Bitcoin raged back into a bull market in 2019, leaving the rest of the cryptocurrency market in the dust.  While bitcoin is up 178 percent this year alone, Ripple (XRP) and Stellar (XLM), are down more than 15 percent. Despite desperate hopes of an ‘altseason’ surge, most altcoins remain stagnant while bitcoin’s […]

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Bitcoin Could Hit $100K in the Next Bull Run: Hedge Fund CIO

Crypto hedge fund executive, Murad Mahmudov this morning added his voice to the growing song of experts calling for $100k a bitcoin. The CIO of Adaptive Capital weighed in on the technical debate observing that the current choppy price action is most likely just a “steady accumulation” phase. At first glance this looks like a […]

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This Chart Shows You the Perfect Moment to Buy Bitcoin

It’s easy to get scared away by the daily volatile movements of bitcoin. Over the weekend, bitcoin jumped 20 percent in a matter of days. Since then, BTC shed over $1,000 before recovering slightly again. It’s a volatile market. But zoom out for a moment and you’ll see the bigger picture. This chart, shared by […]

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PSA: The IRS Knows All About Your Secret Bitcoin Trades

The only thing that’s certain in life is death and taxes. For buyers of Bitcoin and other cryptos, the latter has come, as the IRS is now pumping out an avalanche of notices to more than 10,000 cryptocurrency investors who probably haven’t been upfront about their trades. The source of this is Coinbase, which submitted […]

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Not Fake News: TD Ameritrade CEO Confirms REAL Demand for Bitcoin

Mati Greenspan, a prominent crypto analyst, sparked a bit of a kerfuffle this morning when he “jumped the gun” by announcing TD Ameritrade’s entrance into the retail Bitcoin market. The error caused Twitter to erupt, particularly after news outlets started reporting the year-old story. looks like you‘re not the only one 😂 pic.twitter.com/4OXl72XYP5 — XRP⚡️Switzerland […]

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Bakkt’s ‘Moonshot’ Bitcoin Platform to Begin Testing Today

Bakkt’s long-delayed bitcoin futures platform is scheduled to begin testing today.  The trading platform, aimed squarely at institutions, is widely expected to be a game-changer and a major catalyst for the bitcoin price. As Fundstrat concluded last week, investors are eagerly waiting on the sidelines: “There appears to be a critical mass of adopters ready […]

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Bitcoin Trader Reveals 4 Reasons Your Trading Strategy NEVER Works

Are you struggling to make money trading bitcoin on a consistent basis? If you answered with a resounding “Yes!” you are not alone. Despite what they might claim on Twitter, virtually everyone fails at trading. One study found that 96 percent of forex traders lose money and quit in disgust, and it’s likely that active crypto traders […]

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