Cryptocurrency Analysis and News Portal
History shows that emergency interest rate cuts precede a bear market. WHO issues new guidance regarding the mortality rate of COVID-19 (coronavirus). A new study estimates that the virus could easily halve economic growth this year. The Federal Reserve shocked market participants on Tuesday after announcing an aggressive 50-point
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2019 is a year full of mixed feelings for crypto traders. The bitcoin price started from $3,689 and once went to the moon at $13,879 but finally ended at $7,179 on the last day. Bitcoin gave so many chances for spot traders or futures traders. The compound annual growth rate
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Stanphyl Capital says Tesla is the ‘biggest single stock bubble’ and may go to zero. The firm has been betting against Tesla since 2014 and lost more than $1 million shorting the stock. Despite a slump last week, Tesla stock remains up more than 50% year-to-date. Tesla (TSLA) perma-bear
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This week the equity markets experienced their worst week in 12 years and as this meltdown took place the crypto market also took a hit. Bitcoin (BTC) and the cryptocurrency market saw a significant selloff this week and this outcome is relatively reasonable given that people sell their assets out
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ViewBitcoin's short-term technical charts indicate scope for a test of the 200-day average at $9,100. A breakout on a longer duration chart has opened the doors for a rise to $10,000 and above. An impending long-term bearish crossover on the three-day chart is a lagging indicator and is of little
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Bitcoin (BTC) was, in fact, anything but bearish in 2019, as new data shows its technical strength has reached levels never seen before.An examination of three metrics — Bitcoin’s transaction count, USD transaction volume and hash rate — confirms the largest cryptocurrency firmly beat off bearish sentiment this year.Over
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Bitcoin (BTC) is trading around $7,200 on Friday, the level that was found following a large swing to the upside on Wednesday. As we move into the weekend, the majority of cryptocurrencies are also trading higher. Nevertheless, Ether (ETH) is still struggling to regain $130 while XRP has been unable
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A sudden bounce back led bitcoin to register its biggest daily gain in seven weeks.Earlier this week, the cryptocurrency had fallen by up to 9.91 percent on Coinbase exchange.The latest push upwards flashes an interim bullish setup.Bitcoin on Wednesday surged by more than 10 percent to register its biggest daily
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The PlusToken Ponzi scheme has and continues to impact the price of Bitcoin as funds are liquidated via OTC brokers, but half the problem facing the BTC market is a lack of buying demand according to analyst Alex Krüger. PlusToken DumpPlusToken promised its “investors” monthly returns of anywhere from 10 to
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People who believe bitcoin is currently in a bull market just because it avoided a drop below $6,400 are wrong, according to Alex Krüger.The prominent market analyst made bold comments about halving, an event that would reduce the bitcoin mining reward from 12.5 BTC to 6.25 BTC effectively from May
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