Cryptocurrency Analysis and News Portal
Cryptocurrency investor and Placeholder partner Chris Burniske has argued that Ether (ETH) is enduring its first mainstream bear market, just as Bitcoin (BTC) did back in 2014-15.In a tweet posted on Aug. 20, Burniske noted that in retrospect, 2014-15 revealed itself as having been the best risk/reward period for
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The self-acclaimed youngest bitcoin millionaire is seemingly ambitious and confident that a newly upgraded payments app would depose Libra even before the Facebook cryptocurrency has launched. In a Twitter post on August 19, 2019, the young cryptocurrency investor announced the launch of Metal Pay, which is touted to reach a
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American investor and Morgan Creek Digital Assets co-founder Anthony Pompliano says that Bitcoin will end up in every institutional investor’s portfolio.In an interview with CNBC on Aug. 20, Pompliano said that every single week more infrastructure is being built around Bitcoin (BTC) and the crypto markets more broadly.“We’re at
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Spencer Bogart, a general partner at venture capital firm Blockchain Capital, thinks that Bitcoin (BTC) will be a safe haven in the long term. However, he has a nuanced view of how BTC price will play out with respect to various economic events.Bogart shared his views during an interview
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bitFlyer, a leading Japanese bitcoin exchange with a presence in Europe and other parts of the globe, has joined forces with Tpoint Japan, a technology services firm. The partnership will see them launch a bitcoin-powered loyalty program, according to a press release, August 20, 2019. Bitcoin Rewards As stated in its press
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Bitcoin price failed to surpass the $11,000 resistance and recently declined against the US Dollar.The price is currently trading below the key $10,600 and $10,500 support levels.This week’s followed crucial bullish trend line was breached with support near $10,600 on the hourly chart of the BTC/USD pair (data feed from
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The total crypto market cap failed to surpass the key $280.0 resistance area.Bitcoin price started a downside correction and traded below the $10,800 support.Litecoin (LTC) price is struggling to correct higher and is testing the $75.00 support.BCH price is currently correcting lower and it might test the $305 support area.Tron
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ETH price started a downside correction after testing the $202 resistance area against the US Dollar.The price is currently trading below $198 and is trading near the $194 support area.This week’s followed key bullish trend line with support near $194 is active on the hourly chart of ETH/USD (data feed
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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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