Cryptocurrency Analysis and News Portal
Litecoin is leading in today’s gains among top 10 cryptocurrencies. Litecoin outperformed Bitcoin, Bitcoin Cash and Ripple by weekly gains. There are no significant updates and news related to Litecoin, except listing on Paypal, hence the price action is mainly related to speculation by traders and general crypto market sentiment.By
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NZD/USD was able to gain 0.44% today up to the time of writing this article after a compact loss of 0.30% yesterday.U.S. jobless claims were 38K higher than the expected 846K and remained at 884K. Major pairs against the US Dollar may continue to gain as the expected US Core
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Decentralized exchange volume recorded a third straight monthly high, Coinbase’s boardroom was mixed up ahead of a potential public listing and Tezos settled a class action asserting its $232 million ICO was an unregistered securities sale. You’re reading Blockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto
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New research from RSK/IOV’s Sergio Demian Lerner reveals that Patoshi, an early Bitcoin miner assumed by many to be Satoshi Nakamoto, mined using an algorithm that was not included in Bitcoin’s first client release.This finding finally explicates why Patoshi’s hashing patterns are so much different than other, early Bitcoin miners,
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The price of bitcoin has been very stable lately, and the crypto asset has been trading in a less volatile range just above $9k per coin for 76 consecutive days. After the third halving, the price of bitcoin has also been far more stable, in contrast to the price
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Bitcoin has surged by up to 24 percent ahead of closing the week despite the Coronavirus-induced global market sell-off. Nevertheless, the benchmark cryptocurrency could end up losing a large chunk of its gains heading into the new seven-day timeframe.That is because of two bearish indicators. As Bitcoin trends upward, it
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Bitcoin prices rallied Wednesday to reach an intraday top at about $6,983 but the move did not improve its bearish outlook for the rest of the month.The bitcoin-to-dollar daily chart saw the formation of two extremely bearish patterns: Death Cross and Double Top. The former appeared after bitcoin’s short-term moving
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Many traders like to play both sides of an asset’s price action. But in order to play the bullish and bearish trends, one needs to be aware of the positive and negative signals contained within various candlestick patterns. Knowing how to interpret candlesticks adds insight to the signal provided by
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Trading Bitcoin (BTC), crypto and other assets can be intimidating for those new to the investing scene; and even veteran investors go through bouts of uncertainty where they second guess themselves, trade from their gut, and only truly see the signals an asset was flashing when provided with the
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As discussed in a previous article on bullish candlestick patterns, trading using Japanese candlesticks is the most popular method for analyzing price action by crypto traders.There are many patterns worth learning and understanding — some of the most essential bearish patterns are discussed below. It is important to note,
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