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Bitcoin Nears $21,000 Level, Rallies 24% In Last Seven Days Post-FTX Mess

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Bitcoin is showing some renewed energy. As of writing, the top cryptocurrency is trading at $ 20,883, leading the crypto market to rally as optimistic investors enter the market.

This may seem as a surprise, but with the Consumer Price Index (CPI) data showing an improving economic trend, a further upwards break is possible for BTC. 

Analysts say that if BTC breaks through this crucial resistance, the start of the bull market is at hand. However, rejection from this resistance is imminent at time of writing. Can Bitcoin overcome this in the next few days?  Read more...

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Watch Out For Bear Market Rallies

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Bear market rallies look to be playing out for both the S&P 500 Index and bitcoin. How high can the rally go? What do historical rallies look like?

The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now.

Bitcoin Bear Market Rallies

Bear market rallies, whether it’s equities or bitcoin, are a similar cyclical move that’s played out in markets time and time again. They can be convincing and volatile as investors become too far positioned in one direction.  Read more...

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Dow Rallies 100 Points After Trump and Pelosi Avert Govt Shutdown

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The Dow extended its recovery on Tuesday after the Trump administration struck a deal with House Speaker Nancy Pelosi to raise the debt ceiling and avert another market-crippling government shutdown. Dow Mounts Triple-Digit Advance All three primary stock market indices bounced during the morning session. The Dow Jones Industrial Average surged more than 100 points […]

The post Dow Rallies 100 Points After Trump and Pelosi Avert Govt Shutdown appeared first on CCN Markets

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Dow Aggressively Rallies as Fed Sharpens Its Rate-Cutting Knife

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The Dow prepared to mount an aggressive recovery on Friday after multiple Fed officials appeared to signal the need for an even larger interest rate cut than Wall Street already expects. The index sped toward a substantial gain in the week’s closing session, even after the Fed clarified that at least one set of those […]

The post Dow Aggressively Rallies as Fed Sharpens Its Rate-Cutting Knife appeared first on CCN Markets

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Dow Rallies 7.2% in June: Trade Talks Resume, Market Sentiment Surging

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As the U.S. and China resume trade talks following the highly anticipated G20 summit, the Dow Jones and the rest of the U.S. equities market have shown strong recovery. In the past 30 days, the Dow Jones has rebounded from 24,819 points to 26,599 points, recording its best June in 81 years. The U.S. has […]

The post Dow Rallies 7.2% in June: Trade Talks Resume, Market Sentiment Surging appeared first on CCN Markets

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Dow Rallies Because Trump Won’t Stomach a Stock Market Crash

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The Dow bounded toward a positive ending to a choppy week – and a meteoric first half of the year – as Wall Street arrived at an optimistic consensus ahead of a critical G-20 meeting: No matter what, President Trump won’t let the stock market crash. Dow Climbs to Conclude Volatile Week All of Wall […]

The post Dow Rallies Because Trump Won’t Stomach a Stock Market Crash appeared first on CCN Markets

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TRON (TRX) Price Rallies Above $0.03 to Start the Week

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The cryptocurrency market has started the week on a fairly quiet note, with TRON (TRX) leading the top-15 large-cap cryptocurrencies. TRX rallied over 10% on Monday to $ 0.031 before pulling back to $ 0.030698, bringing the coin’s market cap to $ 2.05 billion. This latest move higher… You must be a subscriber to continue reading Members can login […]
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Bitcoin (BTC) Rallies Above $4,100 Heading Into the Weekend

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The price of Bitcoin (BTC) increased another 1.6% on Friday, bringing the largest digital currency to $ 4,125 as it approaches 2019 highs… You must be a subscriber to continue reading Members can login here. FREE 7-DAY TRIAL: Receive access to all Premium content. Subscribe for $ 10/month Subscribe for $ 60/year SludgeFeed Premium members gain access to exclusive […]
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Markets Update: Crypto Prices Show Improvement and BCH Rallies

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Cryptocurrency markets have seen fresh gains over the last 48 hours and digital asset trade volume has spiked considerably. On Saturday, March 16, the entire cryptoconomy has a valuation of roughly $ 139 billion and global trade volumes are hovering around $ 33.7 billion.

Also read: Jeff Garzik Subpoenaed in Kleiman Bitcoin Lawsuit Against Craig Wright  Read more...

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Decred (DCR) Price Rallies 15% This Week Following OKCoin Listing

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Decred (DCR), a blockchain platform that leverages a hybrid proof-of-work (PoW) and proof-of stake (PoS) consensus model, became the latest altcoin listed on San Francisco-based crypto exchange OKCoin this week — notably the first direct USD pairing available to U.S. investors. We are excited to announce that we have listed @decredproject on our platform. Deposit and withdraw […]
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XRP (XRP) Rallies 11% After Coinbase Announces Long-Awaited Listing

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The XRP Army can finally rejoice as Coinbase has made the decision to list Ripple’s digital currency (XRP), starting with Coinbase Pro, the exchange’s professional trading platform. When XRP?? Now! XRP/USD, XRP/EUR, and XRP/BTC order books will soon enter transfer-only mode, accepting inbound transfers of XRP in supported regions. Orders cannot be placed or filled. […]
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VeChain (VET) Price Rallies 7% to a 1-Month High

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The latest surge in the crypto market has helped numerous altcoins break out of multi-month downtrends that followed the Christmas market surge near the end of 2019. One such coin, VeChain (VET), a Singapore-based enterprise blockchain platform for financial services and supply chain management, is now up 24% in the last week after breaking out of […]
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Litecoin (LTC) Rallies 30% After Announcing Beam (BEAM) Collaboration

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The price of Litecoin (LTC) rallied around 30% in early morning trading on Friday after news circulated Thursday that the altcoin is “cooperating” with Beam (BEAM) to explore the implementation of Mimblewimble. Litecoin Foundation and Beam Cooperation Announcement https://t.co/H6SwsiruwV #SovereigntyByDesign #Mimblewimble #Litecoin @SatoshiLite pic.twitter.com/oMfYeOl6TY — @Beamprivacy (@beamprivacy) February 7, 2019 According to the announcement, the Litecoin Foundation approached Beam […]
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Dow Jones, Bitcoin Price Rallies in Jeopardy as US Stock Market Sends Mixed Signals

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The US stock market is taking an uneven path on Thursday morning, with the Dow suffering triple-digit declines while tech stocks rise. The cryptocurrency market is almost universally sour, however, as traders continue to wrestle with that is now the longest-ever bear market for the bitcoin price. Dow Risks Fall Back Below 25,000 The Dow had stomped to a monster 435 point gain on Wednesday as the stock market rode the wave of continued Federal Reserve patience on interest rate hikes, as well as positive earnings reports from major firms including Apple and Boeing. That bullish sentiment did not carry  Read more...

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As Dow Jones Rallies, Trading Bots Tell Investors to Short Everything

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The Dow Jones Industrial Average is rebounding, but computer trading bots are alerting investors to short everything. Trading Bots Suspicious of Dow Winning Streak According to quantitative investment firm AlphaSimplex, algorithmic trading bots suggest shorting three major asset classes: stocks, currencies, and commodities. “Pretty much any way you run the models, you end up net short

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Bitcoin Surges 5% in Minutes: Can it Lead to Bigger Rallies This Month?

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The Bitcoin price has surged by six percent on the day to $ 4,070, breaking out of the $ 4,000 mark comfortably for the first time since Christmas Eve. Bitcoin’s strength does not convince many traders of a big short-term bull rally. Could Bitcoin Engage in Bigger Rallies in January? With a 20 percent increase in its

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EOS Rallies Again as China Rates its Blockchain the Best

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Where other cryptocurrencies hiked over recent days, EOS has been slower most recently, until today. Now EOS price has risen over 8% in the last 24 hours. On December 17, 2018, EOS showed a substantial recovery reaching 35% gains before stabilizing between the December 18 and today. Now EOS is moving again. China’s Global Public

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Binance Coin Price (BNB) Rallies 20% on Crypto Adoption Push

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The Binance Coin token (BNB), which currently entitles users to a 25% discount on exchange fees, has seen some serious trading activity over the past 24 hours, running it up by about 20% to over $ 6.00 before a slight pullback to $ 5.85. There are a number of factors that could be at play. Increased trading

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Crushing it: Stellar, Litecoin, Monero, & Zcash Post Major Gains as Crypto Market Rallies

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A few of the top 15 cryptocurrencies saw notable increases over the past twenty-four hours. Stellar saw a gain of 15% against the US dollar, with 22% of its volume being against USD or USD-pegged cryptocurrencies themselves – meaning these gains are realistic, not just figurative. Litecoin gained over 13% against the dollar while Monero

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Coinbase Bounce: Ethereum Token 0x Rallies 17% after Crypto Exchange Listing

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coinbase cryptocurrency exchange bounceCoinbase may have announced plans to list hundreds of new assets over the coming months and years, but that doesn’t mean that the San Francisco-based cryptocurrency exchange has lost its status as crypto-token kingmaker. Yesterday, on Oct. 11, Coinbase announced that it had begun the process of listing 0x (ZRX), an ERC-20 token that runs

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