BTC/USD rates are going through a tough period of strong selling pressure as the downturn is furthering its impact. Bitcoin prices dropped almost 10% through the last few hours, with trading volumes reaching levels even higher. The market’s sentiment has only kept feeding the bearish mood as the downturn continues with prices reached further below…
Earlier this month, Vinny Lingham, who was the CEO of Civic and founder of Gyft was giving warnings on how a hard fork might be destroying the value of Bitcoin. 21 Bitcoin exchanges have clearly stated their opinions towards Bitcoin Unlimited trading. However, the exchange coalition made a statement saying that they will be able…
As of today, a breach through the weak support at $1000 levels was close but was eventually followed by a swift recovery with BTC/USD rates finally settling around a $1010 price point.
Major Signals BTC/USD rates fell from a peak above $1050 levels after the weakened selling pressure managed to breach the apparently weaker support…
During the last couple of months, numerous members of the bitcoin community have expressed their regarding what may happen in case the block size debate fails to reach a consensus, and bitcoin takes the road to a hard fork. At this moment in time, web wallet owners are the most concerned, and this is quite understandable…
Bitcoin prices are seeing a fall greater than 6% within this trading session, with selling pressure once again becoming a major factor in the market. Price levels above $1100 didn’t seem to remain sustainable for long as few sell orders pushed BTC/USD rates below them, with largest sell orders influencing markets only hours after the…
How is it like to trade Bitcoin? Trading this crypto currency is not as easy as buying and selling pancakes. In fact, Bitcoin commerce is more complex than FOREX trading. There are Do’s and Don’ts to consider in Peer to Peer Trading. Here are the Dos: Answer all questions of sellers. Otherwise, they may get turned…
Before the bitcoin block size debate took off again, causing a decrease in bitcoin’s value, China was responsible for another fall in the value, after the People’s Bank of China begun investigating Bitcoin exchanges throughout the country. At that moment in time, numerous Chinese bitcoin exchanges decided to suspend bitcoin withdrawals, as they implemented new security…
Bitcoin markets saw BTC/USD rates rise and break through several resistance levels after traders eased with selling pressure. Bitcoin prices managed to climb above $1100 levels and even peaked at $1120 in today’s trading session. Whilst the markets response to the price rise induced some selling pressure, BTC/USD rates did go above $1100 once again.
Major…
Crypto currencies are gradually turning out as a novel and out of the ordinary phenomenon in global financial markets. In fact, latest developments and trends related to Bitcoin (the most popular virtual currency thus far) never fail to elicit issues and questions regarding the behavior of this currency’s exchange rates. There seems to be a…
Bitcoin markets were eager to support a recovery above $1000 with selling pressure so far failing to cause another price drop below such levels. BTC/USD rates are now settling slightly below $1050 after having dropped to a low of $1010 during today’s trading session. So far, the decline from high trading volumes has perhaps brought…