Cryptocurrency Analysis and News Portal
In a sign of its growing maturity, bitcoin is nearing a 3-month period with a bottom at $9000. | Source: Shutterstock The bitcoin price has held above $9,000 for a record 81 days, a feat it couldn’t manage even during the monster bull run of 2017. Although BTC remains around 50%
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Backed by Google and Virgin’s Richard Branson, Blockchain.com is looking to raise $50 million as it plans to begin investing in startups. Blockchain which is already one of the most widely used wallet services, is interested in equity and crypto coins.Luxembourg based cryptocurrency wallet and data provider, Blockchain, is currently
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Bitcoin price is trading with a positive bias and recently climbed above $10,800 against the US Dollar.The price is currently trading above the $10,500 support and it could continue to rise in the near term.Yesterday’s highlighted key bullish trend line is providing support near $10,510 on the hourly chart of
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The total crypto market cap is currently consolidating gains below the $265.0B resistance area.Bitcoin price corrected gains, but it is still trading above the $10,500 support area.BCH price is struggling to move above the $300 resistance and is currently correcting gains.EOS price is currently consolidating gains near the $3.300 support
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Ripple price failed to break the main $0.2650 resistance area against the US dollar.The price is currently correcting lower and is trading near the key $0.2580 support area.There was a break below a major bullish trend line with support at $0.2620 on the hourly chart of the XRP/USD pair (data
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ETH price failed to settle above $180 and started a fresh decrease against the US Dollar.The price is currently trading near the $174 support and it could bounce back in the near term.There was a break below a major bullish trend line with support at $177 on the hourly chart
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The correlation with bitcoin price is becoming obvious. | Source: ShuttertockBitcoin (BTC) started this week off in good spirits, citing an impressive rise of around 8%. Interestingly, analysts are attributing some of this action to the close of the Chicago Mercantile Exchange (CME).Bitcoin's 8% rise this week which left
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The price of bitcoin surged by $5,000 on April 2, a 23 percent jump that many believe was sparked by an article published on April Fool’s Day. Its title was “SEC drops the Bomb: Approves Bitcoin ETFs.”ETFs, a backronym for Exchange-Traded Funds, have lately caught up with the imagination of
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Bitcoin has had a volatile year and the clouds are gathering for stormy end to 2019. | Source: ShutterstockToo many people focus on bitcoin’s wild highs and fluctuating daily price. A better metric to look at is the monthly low points.By tracking the lows, you see the steady accumulation
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A long-term gold investor sees the precious metal and bitcoin replace bonds in portfolios. | Source: ShutterstockDan Tepiero, the founder of DTAP Capital and co-founder of Gold Bullion International said that gold and bitcoin will replace bonds as vehicles of portfolio hedge in the long term.Following the noticeable increase
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