The bulls are out in force and looking to deliver a strong message ahead of the long weekend. Bitcoin at $5,400 would be a start…
The crypto bears take an early bite, with Bitcoin visiting sub-$5,000 levels before finding support. It could be a choppy day ahead…
After a mixed bag on Monday, the broader market sees red at the start of the day. Bitcoin will need to hold onto $5,200 for the broader market to avoid a mass sell-off.
While it’s another positive start to the day, some red is beginning to hit the board. Support levels could be tested later in the day should sentiment not improve.
Bitcoin moves back through to $5,000 levels early on. Holding above $4,900 levels through the day will be a major coup for the Bulls.
The G20, an international forum for governments and central banks, has recently signed a declaration to regulate cryptocurrencies. The declaration was signed in Buenos Aires and covers many topics involving tax evasion, anti-money laundering, anti-terrorism, and public policy.In Section 25, the declaration explicitly mentions cryptocurrencies:“We will step up efforts to
As the cryptomarket progressed through much of this year, a jump in volatility and a wave of bearish sentiment, following December’s broad-based cryptomarket rally, led to plenty of debate on whether Bitcoin and the broader market gains to record highs back in December was just a bubble ready burst.Certainly, when
Wednesday was somewhat of a poignant day for the cryptomarkets, with the ongoing Bitcoin Cash battle between Bitcoin ABC and Bitcoin SV raising the stakes, with today’s hard fork and anticipated split doing Bitcoin and the broader market few favors.
Bitcoin Cash was in the green through the early part of this morning, up 2.87% at the time of writing to $535.4, with the gains coming off the back of a flat Tuesday.
Bucking the trend of previous hard forks, where coin holders and those looking to profit from the creation of new coins would buy into the cryptocurrency ahead of a hard fork, is Bitcoin Cash that has garnered plenty of news attention over the last week.