Cryptocurrency Analysis and News Portal
At the time of writing, Bitcoin is trading at $ 7,911.80, the lowest level since the end of October, and the decline is down, the price is likewise down despite positive news.In the interview recently, PayPal CEO Dan Schulman admitted owning Bitcoin. Besides, financial giant Fidelity recently acquired a license
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Officially Bullish on blockchain technology, China is now reportedly censoring anti-blockchain sentiment. Meanwhile, a popular Chinese app with over 100 million active users has recommended a course on bitcoin, blockchain,
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China is rapidly adopting a pro-blockchain stance following news it would bring in a so-called “crypto law” in January next year. China: Blockchain must be legitimateIn a sign of China’s abrupt official about-turn on blockchain, officials are deleting posts that claim the technology is a scam, Twitter-based crypto news resource
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eToro, the Israeli-based brokerage firm, has launched a new portfolio that uses AI to analyze Twitter for the latest social media perceptions of digital assets. The tool, which is called TheTIE-LongOnly CopyPortfolio, is a collaboration between eToro and cryptocurrency analytics firm The TIE. According to The TIE, the platform’s “proprietary machine learning and
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AnalysisWhen looking at the chart below we see that Bitcoin(BTC)trade is currently trading at $8,014. It is also seen that the price is still trading between the channels, with the upper limit at $8,436 acting as resistance and the lower limit is at $7,927 acting as support.Currently the cryptocurrency’s price
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New research from Augmento suggests a forward correlation between Tether sentiment, market capitalization and price, which could be manipulated or exploited to create arbitrage opportunities. It hypothesizes that Tether sentiment could therefore provide a signal for traders in a blog post published Aug. 22.Sentiment correlation with market capAugmento notes that
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The Crypto Fear and Greed Index has witnessed a sharp fall throughout August, which then accordingly indicated both ‘fear’ and ‘extreme fear’ among cryptocurrency investors.The Fear Index has been trading at its 244-day low (the lower the index is, the more full of fear the market is) this week which
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A report published by ING shows that the percentage of the population that believes in Bitcoin is slowly decreasing, indicating skepticism for cryptocurrencies in general. With the exception of Turkey, Poland, and Romania, most of Europe does not believe that cryptocurrencies will be an integral part of the financial system
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