Tag Archives: Tests

Billion-dollar Crypto Club Swells to 16 Big Hitters as Bitcoin Price Tests $10,000

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The global average bitcoin price briefly broached the $10,000 mark on Tuesday, largely due to significant premiums on high-volume South Korean exchanges. Meanwhile, the number of cryptocurrencies in the billion-dollar club swelled to a new all-time high — and more are poised […]

Bitcoin Price Tests $8,100 Amid Rising Altcoin Tide

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. A rising tide lifts all coins. Although the bitcoin price’s record-setting run has enabled the flagship cryptocurrency’s dominant share of the market to swell in recent months, altcoins have made steady gains, too. Over the weekend, the total altcoin market cap crossed […]

BTC Pushes All-time Highs and Tests Historic Resistance

Throughout the life of bitcoin’s two-year bull run, it has been confined within two macro trends: one parabolic and one linear — both on a logarithmic scale: Figure 1: BTC-USD, 1-Day Candles, Macro Trend The parabolic envelope (black curves) has confined the entire bull run throughout the last two years. Over the weekend, we saw […]

Turning Tide? Bitcoin Tests $7,000 As Price Pushes Higher

Bitcoin is maintaining a bid tone today, with prices testing the $7,000 mark. As per the CoinDesk Bitcoin Price Index, the world’s largest cryptocurrency by market capitalization rose to an intraday high of $7,009 at 11:25 UTC. At press time, the bitcoin-U.S. dollar (BTC/USD) exchange rate is around $7,007 levels. Data from CoinMarketCap indicates that bitcoin has gained […]

Bitcoin Price Tests $7,000 Following Flash Crash

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The bitcoin price continued to test $7,000 on Thursday following a $500 flash crash earlier in the day. Bitcoin Price Recovers From Flash Crash As CCN reported, an exuberant Thursday-morning trading frenzy raised the bitcoin price above $7,000 for the first time. […]

South Africa’s 2nd Largest Retailer Tests Payments

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. South Africa’s second-largest supermarket chain store, Pick n Pay, recently started accepting bitcoin in one of its stores, according to an announcement made by payments software development firm Electrum. The goal is to, presumably, test how Pick n Pay’s customers react to the […]

Crucial Tests of Historic Support Could Lead to Further Pullbacks — Bitcoin Magazine

This week’s BTC-USD price recap: Following a $700 drop, BTC-USD managed to find a bottom around $4200 before entering into a 4-day long consolidation pattern. During the consolidation pattern, the price climbed $400 on decreasing volume before ultimately dropping back to $4200. So, where does this leave us and what can we expect in the […]

Bitcoin Price Analysis: Crucial Tests of Historic Support Could Lead to Further Pullbacks

This week’s BTC-USD price recap: Following a $700 drop, BTC-USD managed to find a bottom around $4200 before entering into a 4-day long consolidation pattern. During the consolidation pattern, the price climbed $400 on decreasing volume before ultimately dropping back to $4200. So, where does this leave us and what can we expect in the […]

Corporate Analyst Fisco Tests Issuance of Bitcoin Bond in Japan

A financial data provider and bitcoin exchange operator in Japan is testing a digital bond denominated in the cryptocurrency. As reported earlier this week by Bloomberg, Fisco – which launched a bitcoin exchange in September of last year and has invested in other exchanges like TechBureau – issued a test bond worth 200 bitcoins. A bond is a kind of debt issued […]

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