There was a strong buying interest for bitcoin near the $6,800 support area against the US Dollar. The price started a fresh increase and broke the $7,000 and $7,500 resistance levels. There…
Categorie: News BTC
Ethereum (ETH) Price Surging: Bulls Eyeing Fresh 2019 High
ETH price started a fresh increase after a sharp downside correction towards $225 against the US Dollar. The price is currently gaining traction and it broke the $240 and $245 resistance levels….
Analyst: As Long as Bitcoin Holds Above $6,400 The Case for BTC Bulls is Strong
Despite briefly dropping below $7,000 earlier this week after incurring a sudden influx of selling pressure, Bitcoin has been able to hold steady above $7,000 and has since tepidly advanced higher. Although…
Bitcoin Rally To $8,000 Smells Like Late-2017: JP Morgan Analysis
Save for Friday’s sudden selloff, Bitcoin (BTC) has been on an absolute tear over the past few weeks. Since early-April, the asset has moved from $4,200 to a recent peak of $8,350…
European Central Bank: Crypto Currently Has No Significant Implications for Monetary Policy
It’s no secret that cryptocurrencies are not looked upon favorably by most major central banks across the world. Some crypto enthusiasts believe that central banks fear that the nascent technology could pose…
Crypto Tidbits: ‘Spedn’ Bitcoin At Whole Foods, Cryptocurrency Cynic Flips Bullish, And Bakkt Looms
Another week, another round of Crypto Tidbits. Over the past week, Bitcoin (BTC) has traded in a crazy range, moving between $6,000 and $8,350 in a fashion that seems very reminiscent of…
Ethereum (ETH) Currently Overvalued, Correction May Be Inbound
Ethereum (ETH) up 37.9 percent, a retest of $200 likely Barry Silbert of Digital Currency Group (DCG) is confident that prices will snap back to trend. With supportive technical and fundamental factors,…
Despite Bitcoin (BTC) Stagnation, Economist Has High Hopes For The Crypto
Bitcoin (BTC) bears slow down In 20-30 years Bitcoin will be money says a BoE Chief Economist Andrew G. Haldane, the Chief Economist of the Bank of England, believes Bitcoin will be…
Ripple (XRP) Bulls Firm Despite Coin Metric Report
Ripple (XRP) up 25.6 percent Ripple Labs exposed by Coin Metrics as David Schwartz says it is a “timeline issue.” Coin Metrics now reports that Ripple Labs did under-reported the number of…
Crypto Market Testing Crucial Support: Bitcoin Cash, Litecoin, EOS, XLM Analysis
The total crypto market cap declined sharply and tested an important support near $210.0B. Bitcoin price is showing signs of a decent recovery above the $7,200 support level. Litecoin (LTC) price failed…
Crypto Market Wrap: Correction Cools Off But May Not Be Over Yet
Crypto markets recover from their epic plunge; Binance Coin, Cosmos, NEM bounce back, Tezos still falling. Market Wrap The brakes have been put on the big crypto pullback for now as things…
Bitcoin (BTC) Price Near Inflection Point: Fresh Increase Likely
Bitcoin price declined heavily yesterday and traded close to the $6,650 support against the US Dollar. The price traded as low as $6,645 and it is currently recovering towards the $7,400 level….
Inverse Chart Demonstrates Bitcoin Price Following Bear Bottom To Bull Market Fractal
The leading cryptocurrency by market cap has only been around for just over a decade. Due to this, there isn’t much history in Bitcoin price charts to attempt to discover historical repeating…
Despite Plummeting Towards $7,000, Bitcoin’s Rally May Not Be Finished Just Yet
The crypto markets incurred a significant amount of selling pressure late-yesterday that sent them reeling downwards, surrendering a decent portion of the recent gains they have incurred as a result of the…
This Time It’s German Politicians Mulling a Bitcoin and Crypto Ban…
Recently, there has been an uptick in the numbers of notable people publicly discussing some form of ban on crypto assets such as Bitcoin. The latest comes from Germany, where one of…
Venture Capitalist: Improved Fundamentals Will Help Bitcoin Rocket Towards Its All-Time-Highs in 2019
The crypto markets have been on the up-and-up for the past several weeks, and Bitcoin just recently set fresh year-to-date highs in the mid-$8,000 region. Despite this, the upwards momentum that have…
US Global Investors CEO: Bitcoin is Great But Millennials Need to Learn About Gold
The CEO of asset management firm US Global Investors has given his opinions on the Bitcoin and wider crypto market, and how it relates to that of gold. Frank Holmes is of…
NVT Divergence Reaches Bull Market “Mania” Levels, Bitcoin Price Increase Not Organic
The early-April Bitcoin price rally that transformed into a mini-parabola, was fueled by a powerful short squeeze and was strategically orchestrated by a single actor. The powerful move did indeed incite much…
Samsung News Bodes Well For Ethereum (ETH), Even Amid Price Crumble
Ethereum (ETH) fall 11.7 percent Samsung could introduce crypto and blockchain functionality in their budget phones In correction of mid-this week’s rapid expansion, Ethereum (ETH) is down 11.7 percent even as reports…
Bitcoin (BTC) Correction in Progress, Another $1,300 Drop Likely
Bitcoin (BTC) slide 10.9 Percent Bitstamp sees a large sell order that caused a market imbalance, overpricing BTC Not surprising, Bitcoin (BTC) prices are under pressure, dropping 10.9 percent in the last…