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Market Update: Despite Uncertainty, BTC Longs Skyrocket
11.12.2019
Digital currency prices have slumped again as the entire crypto market capitalization has dropped below $200 billion. At press time, most of the top digital assets are down a few percentages after gathering some gains over the last few days. With multiple coins getting rejected after trying...
Bitcoin Is Closing on Historically Strong Price Support
11.12.2019
Battered bitcoin may soon see solid support from a historically strong moving average price support. That could attract technical buyers
Ross Ulbricht Uses Elliot Waves to Predict Bitcoin’s Trajectory From Behind Bars
11.12.2019
Ross Ulbricht, serving life without parole for allegedly running the Silk Road marketplace, hasn’t allowed his detention to deprive him from monitoring bitcoin’s price action. In a new blog series titled Bitcoin by Ross, Ulbricht reveals that he is closely attuned to BTC’s price...
Bakkt Launches Bitcoin Options in US, Futures in Asia
10.12.2019
Bakkt has launched two new regulated bitcoin derivatives products. Within hours of launch, Bakkt announced that over 1,000 futures contracts had been traded in Asia. The platform now offers four types of regulated bitcoin derivatives products: monthly and daily physically delivered bitcoin futures...
Bitcoin Looks South After Strong Rejection Above $7,600
10.12.2019
Are bitcoin sellers back in control? The cryptocurrency is flashing red after a strong rejection above $7,600
Bitcoin Charts First Weekly Golden Cross in 3.5 Years
9.12.2019
Bitcoin’s weekly chart is flashing a golden cross for the first time since May 2016
Key Bitcoin Price Indicator Turns Bearish, But It May Not Be Bad News
6.12.2019
The widely followed monthly MACD has turned bearish for the first time since May. However, it likely just reflects recent months of price downturn
Microsoft Collaboration News Fuels 50% Rally for Enjin’s Cryptocurrency
6.12.2019
Microsoft’s collaboration with blockchain gaming startup Enjin has prompted a roughly 50 percent surge in the project's native token over a two-day period
Almost 70 Crypto Funds Close This Year, Twice as Many Launch
6.12.2019
Dozens of crypto funds, almost 70, have closed this year, a mainstream media outlet reported. And while the startling number reveals the influx of institutional investors into the crypto space might not be happening at a fast pace, it’s also worth noting that crypto fund launches...
Bitcoin’s Rejection at Key Price Hurdle Puts Short-Term Bull Trend at Risk
5.12.2019
Bitcoin sharp rejection at resistance around $7,800 has weakened the short-term bullish outlook
Bear Trap? Bitcoin Slips to One-Week Low Amid Low Volumes
4.12.2019
Bitcoin's recent $780 pullback lacks volume support from sellers and may be short-lived
Bitcoin No Longer Looks Like ‘Digital Gold’ by One Measure
4.12.2019
If "digital gold" means "assets where investors park money during financial market turmoil," then bitcoin doesn't fit the bill as well as it used to
Bitcoin to See Return of Bull Cross That Marked Onset of 2016-17 Price Rally
3.12.2019
A bitcoin price indicator that marked the beginning of the 2016-17 bull market is about to make another appearance
Despite the Recent Slump, Crypto Prices Improved a Great Deal in 2019
2.12.2019
As far as prices are concerned, 2019’s cryptocurrency markets fared much better than the year prior. Currently, the entire market capitalization of all digital assets is hovering just above the $200 billion mark. The following is a look at the cryptocurrency market’s biggest gainers...
Bullish Bitcoin Chart Pattern Still Intact Despite 7% Price Drop
2.12.2019
Bitcoin has erased more than 45 percent of last week's rally, but a bullish chart pattern is still valid
How the Upcoming Bitcoin Halving Compares to Previous Cycles
2.12.2019
For those standing very close to the crypto charts, it might be easy to get discouraged by the gloomy nature of recent markets. However, new comparisons of the current halving cycle to those in the past have emerged and might put some wind back into the sails of traders, hodlers, and cryptocurrency...
Despite Bitcoin’s Price Drop, High-Powered Mining Rigs Still Profit
1.12.2019
Since BTC prices slid below the $8K price range, mining operations have been making less revenue. On Sunday, December 1, only 13 mining rigs with an average electricity cost of $0.12 per kWh are profiting at current prices. Of course, miners from China and other regions pay far less per kWh...
Sideshift SLP Token SAI Gains Over 30% in Less Than 24 Hours
30.11.2019
Crypto exchange Sideshift’s SLP token, SAI, has scored remarkable gains in value this week. Its price jumped well over 30% on Thursday, from $0.0310 per coin early on Nov. 28 to over $0.0450 a few hours later, and to a record high of 0.0473 on Friday, Nov. 29. Also read: Gocrypto SLP Token...
Bitcoin Faces Biggest Monthly Price Drop of 2019 Despite Late Upturn
29.11.2019
Bitcoin looks poised to post the biggest monthly loss of 2019, despite the recent recovery from six-month lows
Is Plustoken to Blame for Bitcoin’s Sell-Off?
29.11.2019
Armchair theorists love postulating the reasons behind bitcoin’s latest price rise or sell-off. From China FUD to exchange hacks, anything and everything is fair game for blame. Plustoken is the latest bitcoin bear-maker that’s being credited with the last three months of downward price...