Pantera Capital

These 3 Technical Signs Show Bitcoin Could Soon Reverse Lower

Bitcoin has surged higher since bottoming last week under $10,000. The coin now trades for $10,850, slightly shy of the local highs at $11,150. BTC seemingly remains in a bull trend as it holds above the pivotal $10,500 support. $10,500 has long been an important level for Bitcoin, acting as a point at which three separate rallies have topped over the past year. Despite the price action, three technical signs show that a near-term reversal is likely. The reversal will likely drive the cryptocurrency towards the low-$10,000s once again. Most

Bitcoin News Summary – February 10, 2020

 Bitcoin reached a new milestone with the confirmation of its 500 millionth transaction. It took Bitcoin 8 years to reach the 250 million transaction milestone in late 2017 and a little over 2 years for it to double since then. We could see a billion completed transactions before the end of 2020. Square, run by Twitter CEO Jack Dorsey; Pantera Capital, and other companies with strong existing crypto exposure have invested a combined $14 million into Transparent Financial Systems. The Seattle-based startup is aimed at creating a crypto-based monetary