Cryptocurrency Analysis and News Portal
Since dropping below the descending channel on Nov. 25, Bitcoin (BTC) has reclaimed $7,000, cleared some hefty resistance at $7,400 and now made its way up to above $7,500 by press time.Crypto market daily performance. Source: Coin360The 111-day moving average (DMA) and the 128-DMA are currently in the process
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“There are two goals for international digital currencies,” Zhou said. “The first one, which is also what China envisions is to develop digital payment and its use for retail system in the country, while the other goal is to cross-border payment for international financial institutions.” Source
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Charles Hoskinson remains ultra bullish on bitcoin.FUD takes over the cryptocurrency markets.Now might be a good time for long term BTC acquirers.Despite a recent bout of fear, uncertainty, and doubt within the cryptocurrency community, Charles Hoskinson – the creator of Cardano – has set a bullish $100,000 price target for
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Ethereum is down more than 8% and it tested the final $155 bearish target against the US Dollar.Bitcoin price is also down around 6% and it traded close to the $7,400 bearish target (as discussed yesterday).There is a short term contracting triangle forming with resistance near $165 on the hourly
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On 15 November, during an interview for CNBC journalists, Tom Lee gives price prediction to set some fire. Cryptocurrency will show its potential as a “network value asset”, according to Tom. He said Bitcoin is similar to FAANG stocks that represent the top companies of the U.S. economy: Facebook, Apple, Amazon,
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Bitcoin price is currently declining below the $8,600 support area against the US Dollar.A new monthly low was formed near $8,457 and the price is currently correcting higher.There is a key declining channel forming with resistance near $8,710 on the hourly chart of the BTC/USD pair (data feed from Kraken).There
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Crypto exchange Bittrex is being sued over a SIM swap that netted criminals 100 bitcoin, currently worth nearly $1 million. The case resembles other recent high-profile heists in which a hacker seizes control of a victim’s cell phone to
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Ethereum price extended its decline and broke the $175 support area against the US Dollar.Bitcoin price is also down more than 3% and it broke the $8,000 support area.Yesterday’s highlighted key bearish trend line is intact with resistance near $175 on the hourly chart of ETH/USD (data feed via Kraken).The
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Bitcoin price extended its decline and broke the key $8,000 support area against the US Dollar.The price is likely to test the main weekly bearish target of $7,500 in the coming sessions.There was a bearish break below a contracting triangle with support near $8,350 on the hourly chart of the
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Bitcoin (BTC) proponents are again mulling the chances of the United States banning cryptocurrency as lawmakers move to outlaw flavored e-cigarettes. E-cigarettes: Washington “clears market”The sudden restrictions, which both the White House and the Food and Drug Administration confirmed on Sept. 12, mean e-cigarettes will disappear from the U.S. market
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