Cryptocurrency Analysis and News Portal
The Cryptox.trade forum, one of the most popular forums in the crypto community, has abruptly announced closure.A place for the heated debates and thoughtful cryptocurrency-related discussions, Cryptox.trade’s forum will terminate its services on July 23, 2020. The news was reported by the forum’s administrator in a thread posted on June
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Bitcoin is declining steadily and trading below $9,400 against the US Dollar. BTC could decline sharply below $9,250 if it fails to reclaim the 100 hourly simple moving average.Bitcoin is slowly moving lower and now trading well below the $9,500 pivot level.The price is showing a few bearish signs below
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Ethereum declined heavily after multiple rejections near $250 against the US Dollar. ETH price is now recovering, but it must settle above $240 to start a fresh increase.ETH price is currently correcting higher from the $225 swing low against the US Dollar.It is now trading above the $230 level and
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Ripple remained strong above $0.1900 and $0.1920 against the US Dollar. However, XRP must surpass the $0.2000 and $0.2050 resistance levels to gain bullish momentum in the near term.Ripple is slowly moving higher and it is trading above the $0.1950 level against the US dollar.The price is currently facing a
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Ethereum has been able to capture some notable upwards momentum today, surging towards its key near-term resistance at $210 as the aggregated crypto market pushes higher.This has allowed the crypto to narrowly avoid seeing massive losses stemming from a previously bearish market structure that it had formed.ETH isn’t completely out
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Bitcoin price closed last night’s weekly candle as a shooting star doji, which could signal that a powerful reversal and epic plunge is coming when formed at the top of an uptrend.Is there more downside in Bitcoin’s near term future? Or was the recent drop to under $4,000 the final
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Bitcoin has seen some bear-favoring turbulence over the past week, with its recent break below $10,000 sparking a bout of capitulation that led it to lows of $9,200, from which point it has struggled to garner any sustainable upwards momentum. This intense selling pressure has cause BTC bulls to cave in,
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The growth in the crypto space over the past half a decade or so has been primarily fueled by the emergence of crypto exchanges like FCoin, among others. While that may be true, it should also be kept in mind that many such exchanges have floundered due to a variety
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Zhang Jian, founder of Chinese crypto exchange Fcoin, revealed in a post earlier today that FCoin may not be able to pay the 7,000-13,000 BTC (that’s $67 million to $125 million) that it owes users. According to Zhang, the exchange hasn’t been hacked and isn’t an exit scam. But evidence
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Traders encouraged by Ethereum’s impeccable growth in the decentralized finance (DeFi) sector have pushed its native token Ether to its five-month high.The Ether-to-dollar exchange rate cemented a new yearly peak of $222.63 after surging by 4.55 percent on Friday. The move uphill extended the pair’s year-to-date gains to 71 percent,
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