Cryptocurrency Analysis and News Portal
The new dynamic in the litecoin market offers a lesson in the emerging economics of the fast-growing cryptocurrency and blockchain industry, which relies on networks of computers to confirm and record transactions, using a combination of incentives. Key inputs include the speed and efficiency of the data-mining computers, local electricity
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Bitcoin price could drop to $6,000s says Dave the Wave. BTC is set for its worst month in 2019. The cryptocurrency’s recovery was rejected at $7,400. The bitcoin price could retrace back to the $6,000 region but is unlikely to drop to the $5,000s, according to a prominent cryptocurrency trader. Technical analyst Dave the
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Reports show some evidence, though not conclusive, that institutional investors may have played a role in the recent Bitcoin price drop with many expecting it to test the $7,500 support before recovering.Bitcoin and the entire crypto markets arena are in chaos currently after an abrupt drop in Bitcoin network’s hash
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Many commentators predicted a downside Bitcoin move and they seem to have been correct all along as BTC price lost 5% in an hour. The drop moved BTC nearer to the 20 moving average as volume continues to taper off.The past few days have seen the price of Bitcoin hovering
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Bitcoin looks short-term bearish and long-term bullish due to a familiar technical structure on the chart. Find out more here. | Source: ShutterstockBy CCN Markets: In technical analysis, a support area gets weaker every time the prices touches it. That’s because each tap drains the strength or the demand at
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