Cryptocurrency Analysis and News Portal
Bakkt is a platform for institutional investors and anyone else to buy bitcoin through its legally compliant system. | Source: ShutterstockBy CCN Markets: Most cryptocurrency enthusiasts have been waiting for the launch of bitcoin futures trading platform Bakkt. Recently, the crypto community rejoiced as the ICE-operated company announced the
Read More
Bitcoin was trading higher on Monday morning as investors digested the possibility of new economic stimulus announcements later this week.The benchmark cryptocurrency rose by more than 4.5 percent to $10,753.30 on San Francisco-based Coinbase exchange. The move brought its local bottom-rebound to a slightly above 13 percent, explicitly driven by
Read More
Bitcoin Price Hovering Round $10K, But Could Rally Again August 19, 2019 by Ramiro Burgos Seriously, what’s the deal with the bitcoin price? At the moment it’s hovering sideways around the $10,000 USD mark even while indicators weaken. But as our weekly technical analysis shows, this could prompt another bullish
Read More
Bitcoin price rebounded recently and climbed above the $10,200 resistance against the US Dollar.The price is currently trading nicely above $10,300, but facing hurdles near $10,500 and $10,600.There is a connecting bullish trend line forming with support near $10,250 on the hourly chart of the BTC/USD pair (data feed from
Read More
The total crypto market cap is climbing higher towards the key $272.0B and $275.0B resistance.Bitcoin price is also approaching the main $10,500 resistance area.EOS price is up more than 5% and it may soon test the $3.850 resistance area.BCH price is recovering and it may break the $320 resistance level
Read More
Ripple price is currently trading with a positive bias above $0.2750 against the US dollar.Bitcoin price climbed above the $10,200 and $10,300 resistance levels to start a decent recovery.There is a key bullish trend line forming with support near $0.2700 on the hourly chart of the XRP/USD pair (data source
Read More
Bitcoin may have limited supply, but demand will not be unlimited. Once bitcoin is revealed to be worthless, demand will dry up. | Source: ShutterstockBy CCN Markets: As the resident "Bitcoin Skeptic" here at CCN, it's my job to provide some level – headed arguments about why you should
Read More
There was a strong drop in bitcoin price below the $10,500 support against the US Dollar.The price is currently correcting losses, but it remains below key hurdles near $10,500.There is a bearish continuation pattern forming with support near $10,080 on the 4-hours chart of the BTC/USD pair (data feed from
Read More
ETH price declined heavily below the key $200 and $190 support levels against the US Dollar.The price is currently consolidating losses after trading as low as $174.There is a crucial bearish trend line forming with resistance near $195 on the 4-hours chart of ETH/USD (data feed via Kraken).The pair could
Read More
Bitcoin price tested the $9,800 support and bounced back against the US Dollar.The price is currently struggling to gain momentum above $10,400 and $10,500.There is a key contracting triangle forming with resistance near $10,550 on the hourly chart of the BTC/USD pair (data feed from Kraken).The price is likely to
Read More