Cryptocurrency Analysis and News Portal
Bitcoin enjoyed one of the strongest runs since the latter part of 2017 during the first half of this year. During those first six months, the cryptocurrency gained in each of the six months of the year, but the momentum came to an end in July, and the indecisive performance
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Bitcoin looks short-term bearish and long-term bullish due to a familiar technical structure on the chart. Find out more here. | Source: ShutterstockBy CCN Markets: In technical analysis, a support area gets weaker every time the prices touches it. That’s because each tap drains the strength or the demand at
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Jennifer Lopez and Alex Rodiguez invested in the fintech firm Acorns Grow Incorporated. They should buy bitcoin next. Here's why. | (i) Photo by ANGELA WEISS / AFP (ii) Shutterstock; Edited by CCNBy CCN Markets: It’s not unusual to see A-listers diversify their income streams by investing in promising
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A recent run-up in the bitcoin price has been credited to a string of events: the US-China trade war, determined monetary easing by central banks, price manipulation via Tether’s stablecoin USDT, Facebook’s plans to launch its cryptocurrency, as well as a weakening Renminbi. But another factor may be lifting bitcoin as
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Mark Mobius, founding partner of Mobius Capital Partners claims bitcoin's emergence will further drive investors to gold. | Source: REUTERS/Francis MascarenhasBy CCN Markets: Mark Mobius, the legendary emerging-markets investor and founder of Mobius Capital Partners, referred to bitcoin as a “psycho-currency” on Tuesday in an interview with Bloomberg.He claimed
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Bitcoin price extended gains above the key $10,600 and $10,800 resistances against the US Dollar.The price is currently correcting lower after trading to a new weekly high at $10.960.Yesterday’s highlighted major bullish trend line is intact with support near $10,500 on the hourly chart of the BTC/USD pair (data feed
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Ripple price is facing a strong resistance near the $0.2900 and $0.2920 levels against the US dollar.Bitcoin price rallied recently and even broke the $10,600 and $10,800 resistance levels.Yesterday’s highlighted bullish trend line is active with support near $0.2750 on the hourly chart of the XRP/USD pair (data source from
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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
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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
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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
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