Edward Snowden is always the main event, no matter where he talks. It’s no surprise that the NSA whistleblower was the main event at the Web3 Berlin Summit, held in the former radio broadcasting center of the German Democratic Republic. Speaking for an hour via video-link from Moscow, Snowden appeared vaguely Orwellian on two large...Read More
iFinex, the company behind Bitfinex, is under more pressure after the New York State Supreme Court judged that the exchange was in the New York Attorney-General’s (NYAG) Office’s jurisdiction. But that isn’t getting in the way of business: yesterday, Bitfinex completed its burn of nearly 40,000 LEO tokens (US$53,600), as part of a continuous process...Read More
A recent run-up in the bitcoin price has been credited to a string of events: the US-China trade war, determined monetary easing by central banks, price manipulation via Tether’s stablecoin USDT, Facebook’s plans to launch its cryptocurrency, as well as a weakening Renminbi. But another factor may be lifting bitcoin as well: altcoins.New York-based Ark Investment...Read More
Bitcoin price extended gains above the key $10,600 and $10,800 resistances against the US Dollar.The price is currently correcting lower after trading to a new weekly high at $10.960.Yesterday’s highlighted major bullish trend line is intact with support near $10,500 on the hourly chart of the BTC/USD pair (data feed from Kraken).The price could correct...Read More
The total crypto market cap broke a major resistance area near the $272.0B level.Bitcoin price jumped more than 5% and broke the $10,600 resistance area.Binance coin (BNB) price recovered above $28.00, but it struggled to surpass the $29.00 resistance.Litecoin (LTC) price is still trading well below the $80.00 resistance area.BCH price extended gains and traded...Read More
Ripple price is facing a strong resistance near the $0.2900 and $0.2920 levels against the US dollar.Bitcoin price rallied recently and even broke the $10,600 and $10,800 resistance levels.Yesterday’s highlighted bullish trend line is active with support near $0.2750 on the hourly chart of the XRP/USD pair (data source from Kraken).The pair could decline a...Read More
ETH price extended its recent upward move and tested the $202 resistance against the US Dollar.The price is struggling to gain bullish momentum above the $202 resistance area.There is a short term ascending channel forming with support near $198 on the hourly chart of ETH/USD (data feed via Kraken).The pair could decline a few points,...Read More
Bitcoin is rising yet again, as the largest digital asset consolidates above $10,000. While it’s common to attribute bull runs to institutional money, Chinese tariffs or inverted yield curves, this year’s rise could have been triggered by an unexpected catalyst: third party custodians. By introducing sophisticated storage solutions, these companies are paving the way for...Read More
Ripple has been in the headlines today, as the Spanish bank Santander confirmed plans to extend the use of Ripple’s xCurrent network. The banking behemoth will be rolling out its One Pay FX mobile app to customers in Latin America, enabling a payment gateway for sending funds to the U.S. The XRP price jumped from...Read More
Bitcoin was trading higher on Monday morning as investors digested the possibility of new economic stimulus announcements later this week.The benchmark cryptocurrency rose by more than 4.5 percent to $10,753.30 on San Francisco-based Coinbase exchange. The move brought its local bottom-rebound to a slightly above 13 percent, explicitly driven by Bakkt. The Intercontinental Exchange arm...Read More
Bitcoin price rebounded recently and climbed above the $10,200 resistance against the US Dollar.The price is currently trading nicely above $10,300, but facing hurdles near $10,500 and $10,600.There is a connecting bullish trend line forming with support near $10,250 on the hourly chart of the BTC/USD pair (data feed from Kraken).The price is likely to...Read More
The total crypto market cap is climbing higher towards the key $272.0B and $275.0B resistance.Bitcoin price is also approaching the main $10,500 resistance area.EOS price is up more than 5% and it may soon test the $3.850 resistance area.BCH price is recovering and it may break the $320 resistance level in the near term.Tron (TRX)...Read More
Ripple price is currently trading with a positive bias above $0.2750 against the US dollar.Bitcoin price climbed above the $10,200 and $10,300 resistance levels to start a decent recovery.There is a key bullish trend line forming with support near $0.2700 on the hourly chart of the XRP/USD pair (data source from Kraken).The pair is likely...Read More
ETH price recovered recently and managed to climb above the $190 resistance against the US Dollar.The price is now trading nicely above the $190 and $192 resistance levels.There is a connecting bullish trend line forming with support near $188 on the hourly chart of ETH/USD (data feed via Kraken).The pair is likely to continue higher,...Read More
Dash continued to improve its growth in 2019 and according to their official Reddit blog, Dash enjoyed a lucrative week. It was indicated that Dash had outperformed a total of 8 major coins in the past week. Simple moving average [SMA] of 47% was registered; with Dash outperforming 4 of the top 10 coins. Source:...Read More
XRP has been at the mercy of the bears in the market and has shown only a minimal recovery after the August 14 fall. However, the coin’s price shot up in the short term and breached its immediate resistance. 4-hour Source: Trading view In the 4-hour chart of XRP, an ascending triangle was formed. After...Read More
Ethereum faced a massive slump on 14th August; the virtual asset witnessed a major drop of over 13 percent at that time of period which took ETH’s valuation below $200 dollar for the first time in a month. Ethereum continued to dwell under the $200 region following the fall. 12-hour chart Source: Trading View After...Read More
The price of XRP has been taking a hit since the fall of Bitcoin, and has been trading around $0.26. After the price broke on August 14, XRP had been observing alternate red and green candles, showing no sign of absolute recovery. Short-term prediction of XRP indicates a bearish pattern with no sign of relief....Read More
There was a strong drop in bitcoin price below the $10,500 support against the US Dollar.The price is currently correcting losses, but it remains below key hurdles near $10,500.There is a bearish continuation pattern forming with support near $10,080 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).The pair is likely to...Read More
ETH price declined heavily below the key $200 and $190 support levels against the US Dollar.The price is currently consolidating losses after trading as low as $174.There is a crucial bearish trend line forming with resistance near $195 on the 4-hours chart of ETH/USD (data feed via Kraken).The pair could start a strong upward move...Read More
2018 was a year to forget for the virtual asset industry. A majority of the assets were impacted by crypto winter which had prevailed after the bullish run in late 2017. In light of that situation, 2019 has been a positive year for digital currencies. Ethereum improved its valuation by almost 45 percent at press...Read More
The future belongs to those who prepare for it, and the long term of XRP demands preparation for a fall. The coin’s performance in the bull’s market has been bearish and with the fall of Bitcoin, the coin also registered a fall on August 14. Despite several tries, no relief was in sight for the...Read More
Digital silver has not had the best couple of weeks. With anticipation about its block halving raising its price by over 300 percent in 2019, the event itself saw bearish price movement. Litecoin, after reaching a high of over $140 in price two months prior to the halving, has seen a slump since. At press...Read More
Digital Silver, despite being the third-largest gainer in the top-10, in 2019 alone has been on a bit of a slump. Following its block halving at the start of the month, the 5th largest cryptocurrency on the market has lost 49 percent of its price since late-June when it was priced at $144. To put...Read More
The XRP’s price might have taken a hit over the past few days falling the Bitcoin dump. The coin has been moving towards stabilizing its price, but with the bears in the market, the recovery has been difficult. The short term prediction point towards a fall and rise trend in XRP’s price, while the long...Read More
Wednesday’s Bitcoin flash crash was not due to a sell-off from Chinese ponzi scam, PlusToken, a researcher has claimed. Sid Shekhar, the co-founder of London-based, TokenAnalyst, said the disputed coins were moved earlier on the blockchain. We Can All Relax, It’s A False Alarm As Bitcoinist reported on Thursday, cryptocurrency influencer, Dovey Wan, brought the $3 billion...Read More
A potential trader looking at Ethereum at the moment will be demoralized with its current price movement. At press time, the token indicated a price growth of 1.23 percent at press time but prior to that, ETH had slumped over 8 percent on 14th August. Ethereum’s one-day chart Source: Trading View If a trader was...Read More
While the cryptocurrency world is ensconced with news of Bakkt confirming their September 23 launch of BTC futures, the altcoins are looking in awe. At press time, none of the heavyweight alternates to Bitcoin are trading in the thick of the green. Litecoin, fresh off its halving, has been on a downward slump, dropping by...Read More
Bitcoin price tested the $9,800 support and bounced back against the US Dollar.The price is currently struggling to gain momentum above $10,400 and $10,500.There is a key contracting triangle forming with resistance near $10,550 on the hourly chart of the BTC/USD pair (data feed from Kraken).The price is likely to slowly rise as long as...Read More
Nevermind the double-digit price swings. Despite the day-to-day roller coaster ride of crypto markets, spiking demand in China and Argentina point to a pivot point for the largest digital currency – from risky bet to safe store of value. Demand in China and Argentina Soars as the Yuan and Peso Plummet According to Hong Kong-based...Read More
