Cryptocurrency Analysis and News Portal
A major global asset manager warns the stock market is in trouble. He says the Fed’s zero rates until 2022 will fuel a risk assets bubble. The Federal Reserve is getting hyperactive in subtler ways as well. The Federal Reserve won’t stop goosing the engine with 0% interest rates. Not until the economy
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It’s been a rocky past few days for Bitcoin, Ethereum, and other top cryptocurrencies. From the monthly highs against the dollar, most digital assets are down 10%.But when measuring the performance of some cryptocurrencies against Bitcoin, some investments are outperforming. Ethereum is a perfect case in point, which has rallied
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Bitcoin is correcting losses from the $8,400 region against the US Dollar. It seems like BTC price is likely to extend its recovery above the $9,000 in the coming sessions. Bitcoin is up more than 2% and it recovered above the $8,800 resistance against the US Dollar. The price is now testing
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Government analysts were puzzled over Donald Trump’s decision to place Vice President Mike Pence in charge of the coronavirus response on Wednesday. While Pence has no medical expertise, he does have a history of mishandling a health crisis and denying established science. He’s obviously not going to coordinate the
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Ethereum, despite what you may think, did not see a positive 2019. The second-largest cryptocurrency by market capitalization registered a slightly negative performance in 2019, which was starkly contrasted by Bitcoin’s yearly gain of over 90%.This meant that the market for ETH/BTC fell off a cliff, with the price of
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XRP didn’t have a good 2019 by any means. The third-largest cryptocurrency, third to Bitcoin and Ethereum, actually fell by 50% against the dollar in 2019, dramatically underperforming Bitcoin’s 95% gain and a near-record run in the stock market and in real estate.But, over the past few weeks, prospects for
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Ethereum is holding the key $145 support area and recovering against the US Dollar.The price is currently facing a strong resistance near the $152 area.Earlier, there was a break above a major bearish trend line with resistance near $150 on the hourly chart of ETH/USD (data feed via Kraken).The price
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Bitcoin cash price is up around 10% from the $200 support area against the US Dollar.The price is currently consolidating gains and it seems to be setting up for more gains above $225.There is a short term declining channel forming with resistance near $222 on the hourly chart of the
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Ethereum price is trading nicely above the $180 support area against the US Dollar.Bitcoin price is down more than 2%, but it is trading well above the $9,000 support area.There was a break above a connecting bearish trend line with resistance near $185 on the hourly chart of ETH/USD (data
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Bitcoin (BTC) dominance remains high at 66.3% and so does the amount of attention traders are dedicating to the largest digital asset’s price action.Last week’s move from $7,800 to $8,850 will have further entranced investors, and the hope of breaking above $10,000 may have distracted some traders from noticing
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