Cryptocurrency Analysis and News Portal
A prominent billionaire venture capitalist, Tim Draper, has predicted that the Bitcoin price will rise past $250,000 by 2022 en route to gaining mass adoption and a market cap of over $1 trillion.For several years now, the Bitcoin price has been a subject of discussion in the global scene. As we
Read More
Bitcoin price failed to hold the key $10,300 and $10,250 support levels against the US Dollar.The price is currently trading with a bearish bias and recently tested the $10,000 support area.There is a key bearish trend line forming with resistance near $10,340 on the hourly chart of the BTC/USD pair
Read More
The total crypto market cap is holding the main $250.0B support area, with positive signs.Bitcoin price could recover as long as it is above the $10,000 support area.Litecoin (LTC) price is eyeing an upside break above the $73.00 and $75.00 resistances.Bitcoin cash price is currently consolidating above the key $300
Read More
Ripple price is still struggling to surpass the main $0.2650 resistance area against the US dollar.The price is showing a few positive signs, but it must break the $0.2650 resistance level.There is a major breakout pattern forming with support near $0.2585 on the hourly chart of the XRP/USD pair (data
Read More
Many claim that bitcoin is the "new gold." However, BTC is not correlated with any asset, including gold. Hence, it's a good hedge. | Source: ShutterstockThe U.S.-China trade war, the Hong Kong protests, and now the attack on Saudi Arabian oil producer Aramco – these events add more pressure
Read More
A $10 billion wealth advisor predicts the next Fed rate cut will launch the bitcoin price to a new yearly high. There's just one problem. | Source: Jim WATSON / AFP (i), Jan von Uxkull-Gyllenband/Shutterstock (ii). Image Edited by CCN.The Federal Reserve will hold its next policy meeting tomorrow,
Read More
Bitcoin appeared stuck in a price-range on Monday as attacks on Saudi Arabia’s oil facilities raised concerns over global energy supply and renewed tensions in the Middle East.The spot bitcoin rate slipped 0.03 percent to $10,301.78 on Coinbase, while bitcoin futures on CME surged by 1.12 percent to $10,380 as
Read More
Data from blockchain.com shows Bitcoin’s hash rate is at all-time-high. Last week, it peaked at 98.5 quintillion hashes per second. In addition, according to the mining pool, BTC.com, mining difficulty is also at its highest ever level at 11.9 T.All in all, miner’s confidence, in Bitcoin, has never been higher,
Read More
Popular Bitcoin Bull and Fundstrat exec Tom Lee, has said that there is a correlation between the equity market and the Bitcoin market. Lee says that Bitcoin with reach a new all-time high after the S&P 500 stock does as well.The cryptocurrency market is purported to be a break from
Read More
Is the Bitcoin Price Leaving the Bears Behind? September 16, 2019 by Ramiro Burgos At last, the bitcoin price has started to leave its bearish channel influence behind. Recently it has consolidated above the $10,000 USD level as a new market reference, while a long term formation takes place. That’s
Read More