Cryptocurrency Analysis and News Portal
Highlights:Booming global panic could prompt Bitcoin traders to break long-term support trendline.A key technical indicator is confirming a breakdown towards $6,500, bitcoin’s reliable price floor during the 2018 crash and also the 2019’s bottom.Bitcoin is risking declines to as low as $6,500 as panicked sellers threaten to break a long-term
Read More
Robert Herjavec, Multi-millionaire co-host of ABC’s “Shark Tank,” said Bitcoin (BTC) is currently valued at only a fraction of its long-term potential.“I think the price of Bitcoin, on a long-term basis, will quantuple, if that’s a word,” Herjavec told Kitco News in a Feb. 25 interview.Herjavec likes digital paymentsAfter
Read More
Worried traders dumped bitcoin positions again on Thursday as it failed to serve as an insurance asset amidst rising Coronavirus fears.The bitcoin-to-dollar exchange rate fell to $8,520 in a massive overnight selling, extending its net week-to-date losses by up to 15.05 percent. The downside move came alongside a $$196 million
Read More
China is taking a great leap forward to develop a central bank digital currency, with more than 80 patents filed by the People’s Bank last week.The 84 patents filed on Feb. 13 include proposals related to the supply and issuance of a central bank digital currencies (CBDC) as well as
Read More
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
Read More
After a product launch and simultaneous Coinbase Pro token listing, Orchid Labs’ OXT token found itself down more than 20% in value by Dec. 18, as CryptoX detailed in a brief. Responding to the activity, Orchid’s CEO said the business has more of a long-term focus.“It’s obviously my responsibility
Read More
Forget the Noise; Traders Explain Why You Should Be Long-Term Bullish on Bitcoin X Dear reader, some third-party applications like Twitter, Youtube and Google Analytics are utilizing cookies. By rejecting this cookie consent, you might not be able to read the full article due to embeds.Privacy Policy AcceptPrivacy & Cookies Policy Source
Read More
View BTC is on the defensive and may face selling pressure in the run up to the bearish crossover of the 100- and 200-day averages. Prices will likely breach the 50-day average support near $8,550 and extend losses toward $8,000
Read More
Visit the website of any stock exchange platform, like the Nasdaq or the New York Stock Exchange, and the listing fees for new companies are there to see. There is hardly any controversy when it is clearly stated like this, but the same cannot be said for the cryptocurrency
Read More
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
Read More