Cryptocurrency Analysis and News Portal
Bitcoin is reportedly attracting haven demand as an escalating conflict between the US and Iran spooks investors. But that does not mean the cryptocurrency is going to register record gains in the coming days.The bitcoin-to-dollar exchange rate on Monday was trading above a psychological resistance level of $7,500. As of
Read More
XRP, the native cryptocurrency of multi-billion dollar fintech company Ripple and its blockchain platform, spiked by 10.5 percent on January 6. The sudden upsurge is likely to have been fueled by Binance Futures integration and strong technicals.Similar to platforms that existed in the crypto sector for many years like BitMEX,
Read More
In an extensive blog post about potential major trends in the cryptocurrency space in 2020, Coinbase CEO Brian Armstrong said that hundreds of institutional investors are already investing in the crypto market.Throughout 2019, with the launch of Bakkt, much of the year’s narrative surrounded the entrance of institutions into the
Read More
Bitcoin might be starting a strong bullish wave above $7,500 against the US Dollar. However, BTC bulls must be careful considering a cluster of resistances between $7,700 and $8,000.Bitcoin price is gaining traction above the $7,400 and $7,500 resistance levels against the US Dollar.There are many hurdles on the upside,
Read More
Ripple is grinding higher above $0.1950 against the US Dollar, whereas bitcoin and Ethereum surpassed key hurdles. Therefore, XRP price is likely to climb above $0.2000 and $0.2100.Ripple price is showing positive signs above the $0.1920 resistance against the US dollar.Bitcoin rallied above $7,500, opening the doors for more gains
Read More
A prominent cryptocurrency fund manager and former Wall Street household name is bullish on both Bitcoin and gold. The reason: the U.S. killed Iranian General Qassem Soleimani by an airstrike.Related Reading: Bitcoin Poised to Collapse Under $5,000? Market Cycle Fractal Suggests SoBitcoin Bullish Because of Iran?On Jan. 2, U.S. officials confirmed
Read More
After a downside correction, bitcoin price found support near $6,860 against the US Dollar.The price is currently rising and trading nicely above the $7,400 resistance.There was a break above a major declining channel with resistance near $7,345 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).The price
Read More
Bitcoin started a strong upward move from the $6,880 support area against the US Dollar.The price is reversing losses and it is now well above $7,100.There was a break above a key bearish trend line with resistance near $7,120 on the hourly chart of the BTC/USD pair (data feed from
Read More
The total crypto market cap is declining and struggling near the $178.0B support.Bitcoin price was down around 3%, but it is now recovering above $7,000.Litecoin (LTC) price declined more than 5% and it is now trading below $40.00.BCH price failed to stay above the $200 support and it is extending
Read More
Ripple is down more than 2% and it broke the $0.1880 support against the US dollar.XRP price is now trading near the $0.1840 support area and it could correct higher.There is a key bearish trend line forming with resistance near $0.1920 on the hourly chart of the XRP/USD pair (data
Read More