Tags : Rising

Regulation

U.S. Senator blames crypto for rising ransomware attacks

Ransomware has been around for decades, but trust political figures to blame crypto for its rise. This weekend on NBC News’ Meet the Press, US senator Roy Blunt alleged the privacy offered cryptocurrencies were fuelling the recent spate of hacking attacks. “It took gasoline and beef for us to think this is really a serious […]Read More

Bitcoin

A Big Glitch Appears in Bitcoin Bullish Bias: Rising Rate

There are more traders now that prefer to hold Bitcoin than selling it to realize earlier profits. It is indicative of a major price boom ahead for the flagship cryptocurrency, which has already surged by almost 1,380 percent from its 2020’s nadir of $3,858 (data from Coinbase). Bitcoin Rise to Glory Lower interest rates have […]Read More

Market

Bitcoin Hits New High Above $51K, Shrugging Off Rising Bond

Bitcoin’s dizzying bull run is showing no signs of slowing down despite an uptick in U.S. government bond yields. The cryptocurrency market leader set a new lifetime high of $51,348 early Wednesday, having penetrated the psychological level of $50,000 on Tuesday for the first time, according to CoinDesk 20 data. Prices have risen by 53% […]Read More

Bitcoin

Bitcoin Rising Wedge Pattern May Bring Trouble for Bulls; Drop

Bitcoin failed to shoot past $50,000 on Sunday despite a growing bullish sentiment towards the said upside target. Instead, the benchmark cryptocurrency alerted about a potential bearish reversal after forming what the technical chartists call a “Rising Wedge” pattern. The BTC/USD exchange rate inched higher in recent days while leaving behind a trail of higher […]Read More

Bitcoin

Bitcoin Weekly Outlook: Rising Yields Continue to Threat Uptrend

It happened last weekend. Bitcoin managed to close above $40,000 for the third time since January 8. But again, the benchmark cryptocurrency got bull-trapped by daytraders who sold off the said level to secure short-term profits. As a result, Bitcoin opens the new week in a negative area, with traders still assessing its short-term market […]Read More

Bitcoin

Bitcoin Weekly Outlook: Price Hangs b/w Dovish Yellen and Rising

Bitcoin started the new week on strong note, finishing higher on Monday amid speculative bets against Treasury secretary nominee Janet Yellen’s confirmation hearing in Washington, where she will make a case for large-scale fiscal budgets to cushion the economic fallout led by COVID-19. The flagship cryptocurrency, which has earned itself the tag of “digital gold” […]Read More