Recently, there was a minor downside correction, but bitcoin price remained well bid near the USD 10,400 and USD 10,500 levels. BTC/USD started a fresh increase recently and climbed above the USD 10,640 resistance. The price is currently (08:00 UTC) gaining momentum above the USD 10,700 resistance area and it could continue to rise towards […]
Bitcoin price started a fresh decline from the USD 10,800 resistance. BTC settled below USD 10,650 and it is currently (08:30 UTC) struggling to stay above the USD 10,550 support. If BTC slides below USD 10,550 and USD 10,500, there could be a sharp decline. Similarly, most major altcoins are struggling to stay above important […]
The past few hours brought an increased selling pressure on bitcoin and altcoins. BTC/USD failed to settle above the USD 6,700 resistance and declined below the USD 6,600 support. Altcoins followed bitcoin and declined between 2-7%. Ripple is down more than 5% and it remains at a risk of more declines. Overall, there are a […]
Source: Adobe/Sufian While the major Bitcoin (BTC) upgrade Taproot usually makes headlines, a significant development seems to had flown under the radar — its activation on the testnet. Bitcoin developers, including Athony Towns, confirmed that Taproot has been successfully activated on the testnet last week. Missed it but Taproot locked in on Testnet last thursday […]
This week, there was a fresh decline in bitcoin and altcoins. BTC/USD settled below the USD 11,000 support level to move further into the red zone. Recently, there was a sharp drop below the USD 10,500 support. The price even broke the USD 10,000 weekly pivot support and it could continue to move down in […]