If you are looking for the most relevant events from the crypto and blockchain world, then continue reading or compilation of news from our Weekly Digest series. Revolut to Enter the US Crypto market London based Revolut is one of the most popular mobile banking apps in the world. While its main clientele is centered...Read More
Bitcoin lost a serious chunk of its Dollar value this week. Down about 12% over the past seven days, the cryptocurrency is currently trading at around $8,700. It’s essential to see where it goes from here. From above, there’s the 200-days moving average at $8,800, which has now turned to resistance. Bitcoin hasn’t closed a...Read More
Bitcoin Bitcoin dropped by a total of 11% over the past week as the cryptocurrency broke beneath previous support at $9,550 and plummetted beneath support at $9,000. It continued to decline until reaching the current support at the 200-days EMA, which is bolstered by the .5 Fib Retracement at around $8,600. The momentum is certainly...Read More
Just five days ago, Bitcoin was trading for more than $10,000 per coin. As the coronavirus fears hit the stock markets, Bitcoin is not left behind. The coin had completed $1000 drop in just three days, and over the past two days, Bitcoin had continued its decline towards the $8400 – $8500 horizontal support. The...Read More
The bloodbath on the traditional financial markets continues. While the S&P 500 continues to plunge, the interesting thing about the recent declines is that they were quick and violent. In fact, reports have it that the S&p 500 staged its quickest correction in history. Global Markets Continue To Tumble Global financial markets continue to suffer...Read More
While it is hard to cyber-attack Bitcoin and other crypto asset networks, you can more easily cyber-attack companies in the space. This was proven true over the past 48 hours, with two exchanges recently revealing that they’ve been subject to a denial-of-service attack, suggesting some shenanigans going on in the backdrop of the crypto market....Read More
Bitcoin’s correlations with gold and the traditional financial markets have been challenged in the past several days. However, some members of the community believe that it needs to separate itself entirely to continue growing. Bitcoin Compared To Gold And Stocks The largest cryptocurrency has a compelling history when compared to other assets. For instance, it...Read More
Litecoin dropped by a steep 15.5% over the past 7-days of trading as it falls to $61. The latest price decline has brought it beneath both the 200-days and 100-days EMAs. Against Bitcoin, Litecoin has also dropped in to support at the 100-days EMA. Key Support & Resistance Levels LTC/USD: Support: $58, $56.50, $54 Resistance:...Read More
As the Bitcoin market has once again become frothy, the amount of retail interest in cryptocurrency has grown once again, with volumes increasing and Google Trends data suggesting this industry is in vogue. Unsurprisingly, mainstream media outlets have sprung to start covering Bitcoin developments once again, calling upon industry executives and investors to weigh in...Read More
Warren Buffett has been a long-time critic of Bitcoin, with the investment mogul, in a recent interview with CNBC, reiterating his view on Bitcoin and other cryptocurrencies by highlighting that he be The post Buffett’s Bitcoin comments elicit backlash from the crypto-community appeared first on AMBCrypto. The post appeared first on AMBCryptoRead More
Bitcoin came into vogue when its price skyrocketed from $725 US dollars in August 2016 to $20,000 in December 2017. The surge in price over this period attracted many investors to learn about Bitcoin trading to take advantage of the opportunity. That is, buy cryptocurrency on the dips and sell when the price is higher. ...Read More
