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17/09/20 05:00 by Nick Chong
MicroStrategy’s Stock Continues to Soar After Bitcoin Purchase
On Tuesday, the NASDAQ-listed business services company MicroStrategy bought $175 million worth of Bitcoin. This came just weeks after the company siphoned $250 million into the leading cryptocurrency... Read More
24/07/20 12:00 by Nick Chong
S&P 500 Prints Signal Seen Before March’s Crash: Will Bitcoin Suffer?
Bitcoin’s price action has become increasingly dependent on that of the S&P 500 over recent months.
The correlation is so strong that it has been observed by analysts who do not actively wat... Read More
22/07/20 02:00 by Nick Chong
Analyst: Bitcoin Fractal Predicting a Surge to $20k By January Is “Still Alive”
Save for the slight 2-3% rally seen on Tuesday, Bitcoin’s price action over the past few weeks has effectively been non-existent. On a macro scale, the cryptocurrency looks as though it has flat... Read More
18/07/20 11:00 by Yashu Gola
‘Big Tech’ Pullback Explains Why Bitcoin Rally Has Paused in Q3
Bitcoin rally has paused ahead of the “Big Tech” earnings report next week.
Despite logging a massive growth in the second quarter, a veteran analyst sees Apple, Amazon, Alphabet, Microso... Read More
02/07/20 12:24 by Nick Chong
This Eerie Nasdaq Fractal Predicts Bitcoin Will Rocket to $15,000 in 2020
In May and June, Bitcoin sustained multiple consecutive rejections at $10,000.
Every time the cryptocurrency surpassed that level, the rally was quickly stopped by sellers. The chart below from Blockr... Read More
07/06/20 22:00 by Tony Spilotro
Why Nasdaq Setting A New All Time Could Be The Boost Bitcoin Needs
Bitcoin price continues to fail to breach above $10,000 and hold. The last time the cryptocurrency held for consecutive daily closes above the key level, was in February 2020 before the Black Thursday... Read More
11/05/20 11:01 by Yashu Gola
Nasdaq Fractal Shows Bitcoin En Route for Multi-Year Bull Market
Bitcoin last week climbed above $10,000 after breaking above a long-term Descending Trendline.
But the cryptocurrency failed to sustain the upside momentum – and plunged by 20 percent over the weeke... Read More
13/12/19 12:35 by bitcoinist.com
Bitcoin Miner Manufacturer Canaan’s Shares Crash 40%
Canaan shares recently crashed by as much as 40% on Nasdaq, which was likely caused by the continuous pressure on Bitcoin price.
Bitcoin miners are in a tight spot once again, as Bitcoin’s pric... Read More
06/12/19 09:00 by Jamie Redman
Mining Chip Maker Ebang Next in Line to File for US IPO
Ebang, the ASIC chip and mining rig manufacturer based in Hangzhou, China is allegedly filing for an initial public offering (IPO) in the U.S. following Canaan’s recent Nasdaq listing and Bitmai... Read More