Bitcoin

MrBitcoin April 6, 2020

The debate over Bitcoin’s market strength continues, yet one analyst has released data indicating that investment in the flagship cryptocurrency has been considerably more substantial than previously thought. If true, it indicates that Bitcoin’s price could soon rise dramatically. MILLIONS ADDED TO THE BITCOIN MARKET EACH DAY PlanB has made several observations recently, most notably […]

MrBitcoin April 6, 2020

If you were asked to name one of Bitcoin’s most prominent proponents, John McAfee would probably be one of the first individuals to come to mind. As the cryptocurrency market was blowing up in 2017, McAfee, the creator of the cybersecurity company that shares his name, shared the below message, claiming that he then believed […]

MrBitcoin April 5, 2020

As the weekend began Bitcoin (BTC) price traded in a relatively tight range after making a second attempt at $7,000 on April 4. The digital asset surged to $6,988 before pulling back to the $6,800 range for the remainder of the day.  As Bitcoin spent Saturday trading sideways, the majority of the top-ten altcoins posted […]

MrBitcoin April 2, 2020

In a jarring early-morning movement, Bitcoin blew past the resistance it was previously facing within the upper-$6,000 region, with this rally allowing bulls to significantly bolster their near-term technical situation. Analysts are now widely noting that the strength of this movement is likely to lead it significantly higher, with short positions getting punished. One prominent […]

MrBitcoin March 31, 2020

Singapore-based Huobi is the latest crypto exchange to launch perpetual swaps. The new product is live on Huobi DM, the company’s derivative trading platform. New Product Allows Traders to Benefit from Market Volatility BitMex-like future contracts with no expiry times, commonly referred to as perpetual swaps, are becoming increasingly popular among crypto exchange firms. Last […]

MrBitcoin March 27, 2020

With market data showing a range of conflicting signals, one analyst has now made a bold prediction that Bitcoin will soon see its largest price collapse in over a year. Whereas investors should consider all possibilities, such a bold assumption is certain to be controversial. PREDICTION BASED ON CHART PATTERN BREAKDOWN This claim of a […]

MrBitcoin March 25, 2020

On March 24, Cardano (ADA) founder, Charles Hoskinson, streamed a YouTube video titled “On Wikipedia,” in which he berated Wikipedia for applying arbitrary commercial censorship against Cardano. Wikipedia’s censorship of Bitcoin may have led to Satoshi’s disappearance Censorship of cryptocurrency projects is as old as the industry itself. Back in 2010, even Satoshi Nakamoto was […]

MrBitcoin March 17, 2020

2020 is shaping up to be pretty dire for most of us. But will it be cryptocurrency companies or bankers that get hit hardest in this uncertain economic climate? Just four days after President Trump declares a national state of emergency in the U.S., Wells Fargo announces the closure of two of its North Carolina […]

MrBitcoin March 15, 2020

Bitcoin (BTC) hodlers deserve a pat on the back for making it through this last week, as BTC witnessed its largest sell-off in history, in terms of USD value, causing the leading digital asset to shed $70bn of its market cap in a single 24-hour period. I shudder to think about the fortunes that were […]