Expectations are growing that Bitcoin (BTC) will increase further thanks to the halving that is approaching in less than two weeks. The current situation is convincing that the halving has a positive effect on the market.
Yesterday, the cryptocurrency market continued to decline overall in the mid-day, but most of the stocks increased compared to the morning. And today, the Bitcoin (BTC) trend also seems to be moving downside.
As the cryptocurrency market continued to plunge over the weekend and today, the voices of leading Bitcoin critics are rising again. Nouriel Roubini, a professor at New York University and gold investment expert Peter Schiff, known as "Doctor Doom," reaffirmed his claims about bitcoin's collapse.
Bitcoin upholds its technical strength despite overall weakness in traditional asset markets such as stock and bond yields on March 6. Asian and European cryptocurrency markets plunged on Tuesday, and the New York stocks also dropped
Ethereum is showing signs of a rebound this week after losing its upside momentum in late February and falling again this week. The world’s leading cryptocurrency Bitcoin is expected to surpass $9000 price level.
The world’s oldest blockchain-based cryptocurrency, Bitcoin, is in the process of compacting at $1,300 ahead of the US holiday weekend. BTC broke through $1,500 this week, but did not stay long enough to retreat. But the week ends with a safe defense of $10,000 psychologically and technically significant.
Longfin Corp., a NASDAQ-listed independent finance and tech firm, that unexpectedly jumped onto the cryptocurrency bandwagon with the aim of benefiting from the bitcoin (BTC) bull run that happened in December 2017, was recently ordered by a New York federal court to recompense around $7,000,000 in fines and disgorgement for fake operations, as per a U.S. SEC report issued on Sept 30.