Cryptocurrency Analysis and News Portal
The bitcoin price spiked after regulated futures platform Bakkt announced it had received approval to launch in September. | Source: ShutterstockBy CCN Markets: Bakkt, a bitcoin futures trading platform operated by ICE, the parent company of the New York Stock Exchange (NYSE), finally received approval from the Commodities and
Read More
A major power utility firm in Malaysia, Tenaga Nasional Bhd (TNB), has cried out following a huge lose it has recorded in the past months. TNB’s record shows that over $25 million was lost to Bitcoin(BTC)trade miners as of June this year.According to the report, TNB noted that some cryptocurrency
Read More
Saying that Bitcoin can be viewed as a safe haven for investors, Thomas Lee added that Bitcoin has “done very well this year”. He still stays very optimistic about further BTC performance.Through recent weeks (and months), we were witnessing debate whether Bitcoin (BTC) is better than fiat, same as gold,
Read More
View Bitcoin’s repeated defense of the 100-day moving average signals seller exhaustion, but a break above $10,445 – the high of Thursday’s hammer candle – is needed to confirm a bull revival. A high-volume move above $10,445 would open the
Read More
Bitcoin (BTC) price fell below $10,000 once more on Aug. 16 after climbing as high as $10,440 in early trading. Market visualization. Source: Coin360Mixed signals for Bitcoin priceData from Coin360 spelled out another day of uninspiring performance for Bitcoin traders Friday, with BTC/USD failing to find support at five figures.This
Read More
According to an announcement made on Twitter by venture capitalist Dovey Wan on August 14, 2019, the recent dump in bitcoin price is due to a mass liquidation of 200 thousand BTC by collapsed China-based Ponzi scheme PLUS Token. The Big Scam In the last 72 hours, the price of bitcoin has
Read More
Bitcoin price started an upside correction after trading as low as $9,483 against the US Dollar.The price is facing a strong resistance near the $10,350 and $10,400 levels.There is a major bearish trend line forming with resistance near $10,290 on the hourly chart of the BTC/USD pair (data feed from
Read More
The total crypto market cap declined to $242.0B and is currently correcting higher.Bitcoin price is currently correcting higher and is trading above the $10,200 level.BCH price stayed above the $300 support and it is currently near the $310 level.EOS price is currently consolidating above the key $3.500 support area.Stellar (XLM)
Read More
The Takeaway: QuadrigaCX’s former users are running out of patience with Miller Thomson and EY, the court-appointed companies tasked with recovering their missing funds. The users want more transparency into EY’s investigation of Quadriga’s missing funds, as well as a
Read More
Ripple price trimmed losses after it traded as low as $0.2336 against the US dollar.The price is currently trading above the $0.2500 pivot level with a few positive signs.A major contracting triangle pattern is forming with resistance near $0.2670 on the hourly chart of the XRP/USD pair (data source from
Read More