After Monster Crash Bitcoin Flashes Loudest ‘Buy’ Signal in 8 Months

Bitcoin traders are running scared after a brutal 13% price collapse. But smart traders have spotted a lesser-known buy signal. Source: Shutterstock By CCN Markets: Bitcoin plunged below $10,000 on Thursday after a violent three-day selloff. But now is not the time to panic. If history is anything to go by, now might be the …

Trump Triggered the Latest Bitcoin Price Spike

Binance Research made the specious claim that the that latest bitcoin price spike was caused by President Donald Trump’s tariff rhetoric. | Source: NICHOLAS KAMM / AFP (i), Shutterstock (ii). Image Edited by CCN. Binance Research, the research arm of the world’s largest crypto exchange, claims that President Donald Trump caused the latest bitcoin price …

Bitcoin Still ‘Wildly Bullish’ Despite Sharp Recent Retreat, Experts Say

Despite the recent fall of Bitcoin, experts have not yet abandoned their bullish sentiment. In fact, it seems that current events have only served to reinforce this perception. While it is true that bitcoin experienced a sharp drop, breaking essential supports for swing and day traders, in a long term vision it is possible that …

The Bitcoin Price Surged Because Mnuchin Made This Crucial Remark

The bitcoin price surged to an intraday high on Monday after US Treasury Secretary Steven Mnuchin made a crucial comment during his surprise press conference on cryptocurrency regulation. Bitcoin Price Shoots to Daily High During Mnuchin Press Conference The flagship cryptocurrency, which traded down after Mnuchin referred to it as a “national security issue,” suddenly …

China’s Illegal Crypto Mining Crackdown Could Ignite a Bitcoin Price Rally

Besides fat-fingered whales, the other species HODLers should learn to fear are large-scale Bitcoin miners whose electricity cost is zero. The reason? Their break-even point is low enough to depress the fair market value of the Bitcoin price, dashing the asset’s seven-figure ambitions. Just this week, Chinese police busted a gang of Bitcoin miners that …

Bitcoin Price Breakout Eyes Massive Upside Beyond 2019 High

Bitcoin price bounced into the green during the European morning session yesterday and hasn’t left the territory ever since. The bitcoin-to-dollar exchange rate today established an intraday high of $12,794.27 on Coinbase exchange. The move upside brought the pair’s month-to-date returns 19.17 percent higher. But most importantly, the move helped bitcoin break above a crucial resistance …

‘Extremely Bullish’ Bitcoin Supercharges Crypto Market to Hit $288 Billion

Published: 17/06/2019 09:15 EST By CCN Markets: In the past week, the valuation of the crypto market has increased from $252 billion to $288 billion by over $36 billion as the bitcoin price climbed to $9,391 on major exchanges like Bitstamp and Coinbase. The valuation of the crypto market has increased by $36 billion in …

CCN is Shutting Down after Google’s June 2019 Core Update

Dear readers, Let’s get straight to it. Google’s June 2019 Core Update rolled out on June 3th 2019 and CCN’s traffic from Google searches dropped more than 71% on mobile overnight. Our traffic has experienced a massive impact by Google’s June 2019 Core Update. Image from Sistrix.com.   CCN’s visibility index on Sistrix.com shows how …