Cryptocurrency Analysis and News Portal
Bitcoin is holding the $9,120 and $9,200 support levels against the US Dollar. However, BTC is facing a confluence of resistance near $9,400, above which it could start a strong rally.Bitcoin is slowly rising and trading above the $9,200 support zone.The price is trading well below the $9,400 resistance, but
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Popular trader Peter Brandt believes that Ether (ETH) saw a significant breakout in its ETH-BTC pair on July 9. According to the veteran trader, the breakout could be a signal that a new altcoin season could occur in the near-term.Brandt tweeted:“Significant breakout in ETH-BTC with target of .03276 BTC. Most
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Bitcoin declined sharply after it faced a strong rejection near $9,200 against the US Dollar. BTC is still holding the $9,000 support, below which there is a risk of a sustained decline.Bitcoin fell sharply below $9,000, but it recovered quickly from the $8,914 swing low.The price is now facing a
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Ripple failed to continue higher above $0.2150 and declined sharply against the US Dollar. XRP is showing bearish signs just like bitcoin and it could dive further below $0.2000.Ripple traded as high as $0.2146 and recently started a sharp decline against the US dollar.The price is now trading well below
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Jiang Wei, the chairman of China Telecom Blockchain and Digital Economy Joint Laboratory, explained in an interview published on Chinese news portal, Cebnet, that blockchain technology has significant use cases that could improve the 5G mobile network. According to estimates by China Telecom in 2019, China’s 5G services are expected to
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Ethereum is up close to 15% and it broke many hurdles against the US Dollar. ETH price settled above the $170 level and it is facing a key resistance near the $175 level.Ethereum rallied more than 10% and broke many resistances near $165 and $170.The bulls pushed the price towards
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Ethereum seems to be struggling near the key $120 resistance area against the US Dollar. ETH price must climb above the 100 hourly SMA to start a strong increase in the near term.Ethereum is trading in a negative zone below the $120 resistance area against the US Dollar.The bulls are
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Though the Democratic presidential race in the United States may have lost its most forward-thinking candidate when it comes to cryptocurrency, that doesn’t mean it’s not still a hot button issue across party lines. The number of patents and companies associated with cryptocurrencies and blockchains continues to rise in
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The U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN) is preparing to unveil new regulations around cryptocurrencies, Treasury Secretary Steven Mnuchin said Wednesday.Speaking during a hearing before the Senate Finance Committee, Mnuchin said FinCEN, the nation's financial crimes watchdog, is preparing to roll out some "significant new requirements" around cryptocurrencies,
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At the hour of composing, Bitcoin is trending up 4.5 percent at its present price level of $8,520, which marks a notable increase from recent lows of just over $8,000, which were set last week when the bears attempted to wreck the recent upside.The price of Bitcoin is currently consolidating
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