Ethereum is trading in its narrowest seven-day trading range since April this year Technical analysis suggests a move towards the $200.00 level is increasingly likely Sizeable bullish falling wedge pattern seen on the four-hour time frame Ethereum is poised for a major technical breakout, as the second largest cryptocurrency trades in its narrowest seven-day trading...Read More
According to Gemini, off-exchange or OTC trades on the new Gemini Clearing platform can be carried out both between two parties or through third-party brokers. Cryptocurrency exchange Gemini has come up with a new digital clearing and settlement solution. Named Gemini Clearing, the new service allows traders to negotiate off-exchange or over-the-counter (OTC) crypto trades...Read More
Bitcoin continues to set new records for dominance, as altcoins fall behind. On Thursday, BTC eked out a slight 0.37% price gain over the day before. But most altcoins continued the trend of two-to-three percent daily losses – which means that Bitcoin is now at 71% dominance. Cryptocurrency market dynamics since September 4. Source: Coin360...Read More
The four-hour time frame shows a bearish head and shoulders pattern forming The daily time frame highlights negative MACD price divergence extending down to the 0.150000 level Basic Attention Token has broken below a long-time price channel on the daily time frame Basic Attention Token is still showing few signs of recovery as the cryptocurrency...Read More
The cryptocurrency market reined in its excitement today, with a noticeable correction from yesterday’s market-wide rally. Bitcoin lost 200 points but is continuing to maintain its strong market dominance at 70.50%. Altcoins are suffering, with notable losers including BNB(-4%), LINK(-4.84%) and ATOM(-6.66%), while the rest of the top-50 show losses between one and three percent....Read More
Zcash is trapped within a large falling price channel on the four-hour time frame The daily time frame highlights substantial amounts of positive MACD divergence A large inverted head and shoulders pattern is also present on the daily time frame Zcash is starting to appear increasingly interesting from a technical perspective as the popular cryptocurrency...Read More
Crypto markets are back with a vengeance. Following a lukewarm Monday start, BTC jumped 6% in a single four-hour period. The rest of the market followed Bitcoin into the green, though altcoins are showing smaller gains – resulting in fresh highs for Bitcoin dominance. Cryptocurrency market dynamics since September 2. Source: Coin360 The rise has...Read More
Bitcoin bounced right off of the key triangle support on all time-frames at $9,350 on the 30th of August causing bullish divergence to play out. Since then price levels have pumped to $10,700 as price levels near a key breakout point. Bitcoin 1-Hour Analysis On the 1 hour chart for XBT/USD, we can see where...Read More
Bitcoin has had a fantastic start to the new trading week and is now trading above its monthly pivot point, around the $10,650 level. More impressive still is that the Bitcoin price has completely eroded all of the losses from the bearish drop on August 28th, and is now holding above the technically important $10,280...Read More
The four-hour and daily time frame show that a bullish triangle breakout is underway The daily time frame highlights a huge bullish reversal building across the daily time frame Chainlink appears to be stabilizing around major long-term support, as green shoots spread through almost the entire cryptocurrency market. Like many other popular cryptocurrencies, the LINK...Read More
Yet again the king of crypto has bounced back over $10,000, adding 6.5% on the day. The move signals a continuation of the consolidation for bitcoin price but analysts are aware that it could be a big bull trap. Bitcoin Price Tops Out at $10,450 It has been traders in the US session that have...Read More
The crypto markets are continuing to trade sideways, but the outlook appears to be gradually improving. Bitcoin gained more than 2% over the weekend, while altcoins show a diverse landscape of gains and losses. Cryptocurrency market dynamics since August 30. Source: Coin360 Bitcoin’s rise has largely coincided with a story by the Wall Street Journal,...Read More
The one-hour and daily time frames suggest a bullish reversal may be about to occur Multiple time frames show sizeable amounts of positive MACD price divergence Cosmos has started the new trading week in a positive fashion, after suffering its largest-ever monthly decline since its inception. The ATOM / USD pair is currently gaining over...Read More
Competition continues to heat up in the world of cryptocurrency exchanges. That’s a very good thing, as the demand for the “perfect service” has not diminished in the slightest. More variety in platforms allow for a more versatile ecosystem, which will benefit everyone in the long run. Beaxy is an all-in-one cryptocurrency exchange platform which gives users all the...Read More
The four-hour and daily time frames show that Dash is now technically oversold Technical analysis highlights substantial amounts of positive MACD price divergence Dash has fallen to its lowest trading level since March 8th this year, as the popular cryptocurrency has been on a virtual one-way decline since peaking around late June. The Dash /...Read More
Markets.Bitcoin.com has just launched a Featured Tokens page, allowing coin creators with unique tokens to apply for a listing through a simple review process. Each token listed on Bitcoin.com’s upcoming exchange, launching Sep. 2, will also be listed at markets.Bitcoin.com, providing great exposure and detailed data for projects making a splash in the BCH community...Read More
There are many ways to see success in Forex trading, depending on how much effort you’re willing to put into the whole ordeal. While certain methods will generate slow, but steady success, others involve higher risk, but also higher potential rewards. You will keep learning about the ins and outs of these different approaches as...Read More
The Hong Kong protests started in June 2019 over a controversial bill and now after weeks of demonstrations, marching citizens are fighting for the future of Hong Kong. In the midst of all the activists protesting, digital currencies like bitcoin cash are being promoted as a way for people to remove themselves from China’s system....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
Background Founded in July 2011 by Jesse Powell (Present CEO), Kraken is renowned to be one of the most widely accepted and oldest cryptocurrency platforms. Kraken, which has its base in San Francisco, was officially launched as an exchange platform in September, 2013. One of the landmark achievements of this platform was in 2014 when...Read More
The four-hour and daily time frame shows that multiple head and shoulders patterns are close to reaching their bearish targets Technical analysis highlights the $55.00 level as a possible turning point for the LTC/USD pair Litecoin has fallen to its lowest trading level since April 2nd this year, as the fifth largest cryptocurrency by market...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
The four-hour time frame shows a bearish head and shoulders pattern building The daily time frame continues to show large amounts of negative MACD price divergence Basic Attention Token is attempting to recover short-term bullish momentum on Wednesday as the cryptocurrency probes back towards the August 25th swing-high. The BAT / USD pair has been...Read More
Bitcoin’s recent price performance has provided little inspiration lately. An ongoing range-bound bounce between the high $9k and mid-$10k price levels has not given any clear direction of future movements. Some analysts expect a breakdown to a new lower low while others remain bullish. Bitcoin Order Book Looks Bullish From its Monday high which touched...Read More
A 12-year-old, future unschooling advocate at an Occupy Wall Street protest learns about Bitcoin while running from the cops. He invests. Later, the independent Erik Finman will become the supposed “world’s youngest bitcoin millionaire” at age 18. That’s not where the story ends, though. The high school dropout has since gone on to launch education...Read More
The vast cash hoard of Warren Buffett’s company, Berkshire Hathaway Inc., has been vaster only once before – just before the worst financial crisis since the Great Depression. Warren Buffett’s big pile of cash could act as a warning to other investors that stock market is becoming overvalued and that its crash is pretty near....Read More
The market chop and consolidation has continued for bitcoin today and analysts remain on the fence as to where it is likely to go next. The trading range is getting tighter however so a breakout could be imminent.Bitcoin Holding Fast at $10kOver the past 24 hours BTC has traded between $10k and $10.2k in a...Read More
There are many metrics to ascertain the popularity of bitcoin and cryptocurrency trading in different geographic regions across the world. One of them is the most traded fiat currencies chart which has revealed some interesting results. Asia Still Big on Bitcoin Unsurprisingly the US dollar was the top traded fiat currency according to statistics from...Read More
The cryptocurrency exchange landscape has evolved significantly in 2019. The number, quality and diversity of exchanges has multiplied, giving traders an unprecedented number of venues to choose from. This smorgasbord of options risks leaving traders overwhelmed, however, as exchanges jockey for supremacy, launching new features and products designed to woo the competition and cement their...Read More
Since the recent drop from $11,000 t0 $9,800 as outlined in my previous analysis on BTC, price levels have created an asymmetrical triangle and will see a breakout next week. Bitcoin 1-Hour Analysis On the 1 hour chart for XBT/USD, we can see the asymmetrical triangle highlighted after the breakdown from the rising wedge as...Read More
