Cryptocurrency Analysis and News Portal
Altcoins have been inching their way deeper into my trading routine and this seventh entry of the crypto trading journal features a newly opened position on VeChain (VET), as well as a timely buy of Stellar Lumens (XLM). I am still long on Bitcoin (BTC) from under $9,000, as
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Bakkt’s monthly futures volume surged to $10 million, the second-largest on record. The steady growth of Bakkt’s monthly futures volume may reflect the growing interest of institutional investors. In addition, the rise in volume is giving analysts more reason to be bullish on bitcoin. Bakkt’s monthly futures volume on Tuesday skyrocketed to 1,061
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Bitcoin (BTC) mining will not face a state crackdown in China, authorities have confirmed in new official documents. As noted by Blockstream CSO Samson Mow and others on Nov. 6, mining no longer features on a list of industries Beijing considers undesirable. “Bullish for Bitcoin”The change came via a new
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Bitcoin and Ethereum are consolidating within a narrow trading range. Bitcoin may have resumed its macro-uptrend, said a renowned technical analyst. XRP prepares for a major event that could trigger an increase in demand. Last week, the total crypto market capitalization surged over 40% to reach a high of $267 billion. During this
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There are positive signs emerging for bitcoin above the $9,200 support against the US Dollar.The price is slowly moving higher and it could retest the $9,770 resistance area in the near term.There was a break above a key contracting triangle with resistance near $9,240 on the 4-hours chart of the
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Bitcoin price (BTC) closed out October at $9,150, which represents the first monthly gain since June. October also brought new lows of $7,300, which was met with a memorable swing of around 40% back up to highs of $10,350. So far, Friday has brought a small gain to Bitcoin price
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Samsung has been, behind the scenes, building a variety of blockchain-powered services aiming to capitalize on the emerging market of cryptocurrency and blockchain services – From cryptocurrency wallets to DApps. advertisement Earlier in the year, Samsung announced the Samsung Blockchain Wallet App, along with the blockchain-enabled flagship Galaxy S10 to allow transactions
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View The three-day chart MACD’s first bullish turn in over three months could bode well for bitcoin’s price, according to historical data. The cryptocurrency may challenge 2019 high above $13,800 before the year’s end. The immediate outlook, however, is bearish
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There was a strong rise in bitcoin price from above $8,000 and $9,000 against the US Dollar.The price even spiked above the $10,000 resistance, but it failed to hold gains and declined.There is a short term bullish trend line forming with support near $9,080 on the 4-hours chart of the
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Bitcoin (BTC) continues to set new records for its network hash rate this month, a sign that miners have shaken off weak price performance.Hash rate hits all-time highs in OctoberData from monitoring resource Blockchain confirmed hash rate hit 114 quintillion hashes per second on Oct. 23. Bitcoin network hash rate
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