Cryptocurrency Analysis and News Portal
Bitcoin (BTC) price fell below $9,700 on Sept. 24 as bears continued to dictate market performance and limit gains.Cryptocurrency market daily overview. Source: Coin360Bitcoin price struggles to hold $9,700Data from Coin360 painted a gloomy picture for Bitcoin investors on Tuesday, with BTC/USD bouncing off lows of $9,630 to hover
Read More
There was a fresh decrease initiated in bitcoin from the $10,400 resistance against the US Dollar.The price is currently trading below the $10,100 support area, with a bearish angle.There was a break below a crucial contacting triangle with support near $10,010 on the 4-hours chart of the BTC/USD pair (data
Read More
Bitcoin price failed to hold the key $10,300 and $10,250 support levels against the US Dollar.The price is currently trading with a bearish bias and recently tested the $10,000 support area.There is a key bearish trend line forming with resistance near $10,340 on the hourly chart of the BTC/USD pair
Read More
Finnish peer-to-peer crypto exchange LocalBitcoins has warned users about alleged security risks associated with anonymous browser Tor Browser.On Sept. 9, transactional compliance expert Richard Bensberg tweeted a screenshot of a LocalBitcoins banner warning Tor users about the risk of losing their Bitcoins (BTC), which stated:“Warning to all Tor users:
Read More
Bitcoin price is under pressure and it recently declined below the $10,500 support against the US Dollar.The price is struggling to climb higher and is approaching the $10,200 support area.There is a key bearish trend line forming with resistance near $10,400 on the hourly chart of the BTC/USD pair (data
Read More
The new breed of stablecoins led by Facebook’s Libra could be vulnerable to failure in periods of network stress. According to an analysis from JPMorgan released on Sept. 5, they lack the short-term liquidity of other payments systems, so usage could grow faster than the network can safely support.Transaction growth
Read More
Bitcoin (BTC) is less popular among women because they are less interested in risky investments, according to one of the cryptocurrency’s best-known female proponents.Ryyti: Women “more risk-conscious”In a Twitter discussion on Sept. 5, Miss Universe Finland 2015 winner, Rosa-Maria Ryyti, argued Bitcoin’s risk factor made it more appealing to
Read More
Crypto exchange Bitfinex shareholder Zhao Dong has claimed that sister firm Tether plans to release a version of the stablecoin backed by a basket of commodities such as gold, crude oil and rubber.In private correspondence with CryptoX on Sept. 3, Dong said that the idea of issuing Tether (USDT)
Read More
Ripple price is struggling to climb higher above the $0.2750 and $0.2800 resistances against the US dollar.Bitcoin price failed to climb above the key $10,500 resistance level and declined recently.A major bullish trend line with support near $0.2670 is at risk on the hourly chart of the XRP/USD pair (data
Read More
Financial experts and analysts are raising alarming concerns on the growing chances of US recession in the next year. Investors looking towards Bitcoin as a potential hedge.Investors and financial experts have been continuously raising concerns on an impending US recession expected over the next one year. Clive McDonnell, head of
Read More