The total crypto market cap extended its decline below the $240.0B support area.Bitcoin price is under a lot of pressure and it even broke the $9,500 support area.EOS price is slowly moving lower towards the $3.100 and $3.000 support levels.BCH price broke the $280 support and it seems to be moving lower towards the $270...Read More
Ripple price recovered recently, but it failed to break the $0.2600 resistance area against the US dollar.The price is currently moving lower and remains at a risk of more downsides below $0.2500.Yesterday’s highlighted major bearish trend line is active with resistance near $0.2580 on the hourly chart of the XRP/USD pair (data source from Kraken).The...Read More
ETH price is under a lot of pressure below the $170 and $175 resistances against the US Dollar.The price is likely to decline sharply if it settles below the $165 support area in the near term.There is a declining channel forming with resistance near $169 on the hourly chart of ETH/USD (data feed via Kraken).The...Read More
Bitcoin (BTC) has been absolutely hammered over the past two days. In fact, some 36 hours ago, it was trading at $10,200; now, the cryptocurrency is sitting snug at $9,500.Related Reading: Altcoin Market Is Failing to Produce Utility, Only Bitcoin Can Become MoneyThis dramatic sell-off, which comes after the cryptocurrency traded in the low-$10,000s for...Read More
Investors have swung wildly between risk-on and risk-off postures, as Sino-U.S. trade tensions rise and fall. While crypto-volatility is still too strong for most investors to stomach, there could be a more reliable refuge for investor value. At present, equities-averse money has very few places left to go.The Swiss National Bank recently intervened to dampen...Read More
GRAM tokens are finally coming to investors, Telegram says. The company behind the second-largest cryptocurrency sale expects to ship tokens in the next two months, the New York Times reported yesterday. The issuance will end a saga that began almost two years ago, when a handful of private investors put $1.7bn into the proposed Telegram...Read More
Cryptocurrency markets are in the midst of a significant sell-off, with top digital assets losing over five percent in value over the past twenty-four hours. As the Bitcoin price has now fallen through two key support levels, analysts are predicting further losses, with BTC likely to fall below $9,000. Cryptocurrencies experienced a sharp drop at...Read More
Bitcoin has dropped towards the $9,300 level for the first time in the last 30 days as investors continue to explore traditionally perceived safe-haven assets against global market risks.The benchmark cryptocurrency plunged by $950 within a matter of a few hours. The move downhill coincided with the expiration of CME bitcoin futures contract, which typically...Read More
Litecoin has dropped below $70 for the first time in four months. Early this month, the fifth-largest cryptocurrency in market experienced its halving, dropping the block rewards from 25 LTC per block to 12.5 LTC per block. However, the price fall began well before the halving, a trend which flies in the face of conventional...Read More
Bitcoin price is down more than 5% and it recently broke the key $9,760 support against the US Dollar.The price is currently consolidating near the $9,500 support and remains at a risk of more losses.This week’s followed bearish flag was breached with support near $10,000 on the hourly chart of the BTC/USD pair (data feed...Read More
The total crypto market cap extended its decline below the $245.0B support area.Bitcoin price dived more than 5% and broke the key $9,800 support area.Binance coin (BNB) price is down around 12% and it traded close to the $22.00 support area.Litecoin (LTC) price is also down around 10% and it broke the $70.00 and $68.00...Read More
Ripple price is trading in a bearish zone and recently broke the $0.2500 support against the US dollar.Bitcoin price is down around 5% and Ethereum price declined close to 10%.There is a key bearish trend line forming with resistance near $0.2610 on the hourly chart of the XRP/USD pair (data source from Kraken).It seems like...Read More
ETH price failed to stay above the key $185 and $180 support levels against the US Dollar.The price is down around 10% and is trading below $172, while bitcoin is down around 5%.There was a break below a bearish continuation pattern with support near $172 on the hourly chart of ETH/USD (data feed via Kraken).The...Read More
Tether is back in the news, but this time it’s just moving house. Large numbers of the controversial dollar-valued token are migrating to Ethereum from Bitcoin’s OMNI layer, resulting in a boom in active USDT-ETH addresses. A Coin Metrics State of the Network analysis, released August 27, 2019, reports that the number of USDT-ETH active...Read More
Economists have long recognized the relationship between economic growth and investment in R&D. The correlation is as strong as it is intuitive: more investment in innovation leads to greater productivity, driving economic growth. Economic history also teaches us another lesson: alongside advertising and capital expenditure, investment in R&D is one of the first areas where...Read More
Is $10,000 really a magic number for Bitcoin? Do traders care if it trades above or below this mark? It certainly seems so. Bitcoin is trapped in an extremely narrow trading range as we head into the U.S session, following another minor bounce from just above the $10,000 support level. With Bitcoin close to posting...Read More
A bitcoin stock listed on the London Stock Exchange has soared by 300 percent to hit its 11-month high.Shares of UK-based Argo Blockchain PLC (LON: ARB) today established a year-to-date peak of $10.96, bringing its maximum yearly gains close to 328 percent. At its weakest, the stock was trading at $2.54 in February 2019, down...Read More
Litecoin is looking to slump even further. The world’s fifth largest cryptocurrency has been in a slump since its halving earlier this month, dropping below resistance after resistance and breaching the $75 mark. Now, the coin is on the precipice of a slump below $70 for the first time in 4 months. The larger market...Read More
Investors could be turning away from Ethereum (ETH). Uncertainty surrounding the timing of a move to a Proof of Stake mechanism, and fears of a price crash, have led to a significant decline in market sentiment. Hunter S. Thompson once famously observed that “There is nothing in the world more helpless and irresponsible and depraved...Read More
Bitcoin price struggled to gain above $10,500 and declined below $10,300 against the US Dollar.The price is currently trading in a bearish zone below the $10,350 and $10,500 resistances.There is a rising channel or a bearish flag forming with support near $10,040 on the hourly chart of the BTC/USD pair (data feed from Kraken).The price...Read More
The total crypto market cap is following a bearish path below the $265.0B and $270.0B resistances.Bitcoin price failed to break the $10,500 resistance and is currently under a lot pressure.Litecoin (LTC) price is trading with a bearish bias below the $75.00 support area.BCH price is at a risk of a downside break below the $305...Read More
Ripple price is struggling to climb higher above the $0.2750 and $0.2800 resistances against the US dollar.Bitcoin price failed to climb above the key $10,500 resistance level and declined recently.A major bullish trend line with support near $0.2670 is at risk on the hourly chart of the XRP/USD pair (data source from Kraken).The pair could...Read More
ETH price failed to climb above the $195 resistance and declined recently against the US Dollar.The price is now trading below the $190 level and it seems like there could be more downsides.There is a short term breakout pattern forming with support near $186 on the hourly chart of ETH/USD (data feed via Kraken).The pair...Read More
As we head towards the end of 2019, it’s worth taking a look at how bitcoin prices tend to perform in the final quarter of the year. Depending on which academic discipline you believe in, history either repeats itself… or is a poor indicator of the future. After over a decade of existence, bitcoin now...Read More
It is usual for bitcoin to retain its five-figure valuation, says the founder of a $12 billion financial advisory organizations.DeVere CEO Nigel Green on Monday said that bitcoin had located a local bottom at $10,000, stating that the cryptocurrency has lingered around the same level for many times this year. But it has bounced back...Read More
2019 was deemed as a positive year for virtual assets as a majority of the crypto experienced a positive hike; XRP surged in the market as well which took its valuation from $0.300 to $0.475, registering a growth of over 58 percent. However, recent bearish pullback impacted XRP’s price to take a dip below its...Read More
Bitcoin price climbed higher sharply above $10,200 and gained around 5% against the US Dollar.The price is clearly struggling to gain strength above the key $10,500 resistance area.There was a break above a key bearish trend line with resistance near $10,270 on the hourly chart of the BTC/USD pair (data feed from Kraken).The price is...Read More
The total crypto market cap climbed higher, but it failed to surpass the $272.0B resistance.Bitcoin price surged around 5%, but it was rejected near the $10,500 and $10,600 resistance levels.EOS price settled above the $3.600 level and it is facing hurdles near the $3.700 and $3.800 levels.Binance Coin (BNB) is still trading in a bearish...Read More
Ripple price is holding the $0.2650 support and is correcting higher against the US dollar.Bitcoin price rallied 5%, but it failed to continue above the $10,500 resistance area.There is a key major bullish trend line with support near $0.2680 on the hourly chart of the XRP/USD pair (data source from Kraken).The pair is likely to...Read More
ETH price is currently correcting higher and is trading above the $190 level against the US Dollar.The price is still trading well below the key $195 resistance area.There was a break above a major declining channel with resistance near $192 on the hourly chart of ETH/USD (data feed via Kraken).The pair is struggling to continue...Read More
