Wednesday, January 29, 2020

UTXO analysis reveals 4M BTC hasn’t moved since 2015

The latest IntoTheBlock research found that unspent transaction outputs (UTXOs) are a fantastic indicator of a coin’s buying/selling pressure. Diving deeper into Bitcoin‘s UTXOs...

Analyst: this dire technical formation may spell doom for Bitcoin’s near-term price action

The 2020 Bitcoin rally was fun while it lasted, but the cryptocurrency recently formed a much-dreaded technical formation that may signal that BTC will...

Visa continues to dwarf Bitcoin in this important metric

Despite optimistic predictions, Bitcoin still has a long way to go before it can compete with companies such as Visa. The fiat currency giant...

Bitcoin Plunges on Profit-taking, Losses Limited by Coronavirus Outbreak

Bitcoin entered a negative slope on Thursday as traders took profits from its latest price rally. But the cryptocurrency remained above a strong technical...

XRP, Ethereum and Bitcoin Cash Dive in Altcoin Purge: What’s Triggering It?

Top bitcoin rivals suffered major losses on Thursday after bulls failed to extend the last week’s wild upside price rally. Bitcoin SV’s BSV, after...

Bitcoin Just Violently Rejected $8,600: Here’s Why It Likely Means Retest of $7,000s

The bitcoin price just strongly rejected the $8,600 level, breaking down from a tight range for the first time in four days. BTC dropped...

Bitcoin’s Price Will Go Parabolic Above $10,000 If This Level Holds

Bitcoin has been on an absolute roll over the past month, surging from $6,400 to $9,200 in a jaw-dropping fashion. Altcoins have followed suit,...

Bitcoin Just Slid Under $8,500: Price Must Hold This Level to Satisfy Bulls

Since the day started (PST), Bitcoin has plunged, collapsing from the daily high just above $8,700 to $8,460 as of the time of writing...

Do or Die For Bitcoin Bulls: Here’s What Could Trigger A Sharp Decline

Bitcoin bulls are facing an uphill task near $8,700 and $8,800 against the US Dollar. BTC price could either rally above $8,800 or decline...

Ripple (XRP) Just Rejected $0.24, And It’s Vulnerable To A Fresh Decline

Ripple failed to surpass the $0.2400 resistance area against the US Dollar, similar to bitcoin near $8,800. XRP price is currently declining and it...
429FansLike