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The Algorithms That Control the Cryptocurrency Market
5.3.2020
Algorithms are at the heart of 21st century life, invisibly controlling many of the systems we use and take for granted on a daily basis. Pervasive algorithms determine the entertainment we consume (Netflix, Spotify), the information we read (Google), and the chatter we hear (Facebook, Twitter)....
HODL Waves Chart Reveals Bitcoin Holders’ Firm Grip – 42% Hasn’t Moved in 2 Years
5.3.2020
According to a report written by Coin Metrics analyst Jacob Franek, as of March 1, 2020, roughly 42% of all BTC has not moved onchain in more than two years. The metric is the largest number since June 2017 and the study notes that “HODL waves” have grown larger. Also Read: Get Ready...
Price Analysis Mar 4: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LINK
4.3.2020
Tightening trading ranges suggest that Bitcoin and Ether are likely to start a directional move within the next few days
Binance Coin Manages to Stay Above $19; Yet to Give Any Bullish Sign
4.3.2020
Binance Coin seems a bit more positive as compared to other altcoins right now as it has been maintaining an uptrend since at least the last 5 days. Recently, it has formed a bullish candle above the 61.80% fib level. However, the coin keeps ranging between $19 to $20 since yesterday. Binance Coin...
Facebook’s Libra Could Become a Multi-coin Payments Network
4.3.2020
Facebook’s Libra project could turn into a network that accepts a wide range of coins, including central banks-issued digital fiats.
Despite previously released plans to develop its own digital currency, the social media giant and its Libra Association partners are now reportedly considering...
LocalBitcoins Hits a 7-Year Low of Weekly Traded Bitcoins
2.3.2020
Bitcoin trading volumes on LocalBitcoins dropped to their lowest levels since 2013
Price Analysis Mar 2: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LINK
2.3.2020
The way bulls have defended the 200-day SMA shows that sentiment is to buy the dips. Several major cryptocurrencies are likely to resume their uptrend in the next few days
Coin Race: Tezos & Kyber Network Win February, Bitcoin Suffers Unusual Loss
2.3.2020
After a stellar start of the year, bitcoin and altcoins have let off the gas pedal and undergone a correction which began in the middle of February. As a result, the last month of winter was a bit of a mixed bag for all coins.
Bitcoin once again fell below USD 9,000 mark and dragged some of...
BNB Coin Dips Below the Major Support at $20, Yet Appears Bullish
2.3.2020
Binance Coin, at the time of penning down this analysis was seen trading below the major support at $19.4, after a gradual breakdown in the previous month BNB/USD has lost over 16% within a week as compared from the trading price of $23.37 The coin holds an immediate support from the 50-day daily...
Price Analysis Feb 28: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LINK
28.2.2020
Many major cryptocurrencies are holding their 200-day moving averages, which suggests a larger move in the next few days
Court Rejects Ripple’s Bid to Dismiss Class Action Lawsuit Filed by XRP Investors
27.2.2020
A court case that has the future of XRP at stake continues after Ripple’s motion to dismiss it was rejected by a court in California. The plaintiffs claim that the blockchain company sold the coin as an unregistered security and demand compensation. Ripple tried to avoid the case with...
Price Analysis Feb 26: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, ADA
26.2.2020
Several major cryptocurrencies have reached critical support levels, leading investors to anticipating an oversold bounce
Binance Coin (BNB) Appears Red, Trades with a Bearish Crossover
25.2.2020
Binance Coin, at the time of penning down this analysis, was trading at $21.1 and recorded a dip of over 22% from the height of $27.2 over the past eight days The price trend of BNB coin was in between 50.0% and 38.20% Fib Retracement Level until the red candlestick broke out The coin...
Binance Coin (BNB) Appears Red, Trades with a Bearish Crossover
25.2.2020
Binance Coin, at the time of penning down this analysis, was trading at $21.1 and recorded a dip of over 22% from the height of $27.2 over the past eight days The price trend of BNB coin was in between 50.0% and 38.20% Fib Retracement Level until the red candlestick broke out The coin is …
Secretive Digital Fiat Project Emerges With New Partner as CBDC Chatter Grows
24.2.2020
Fnality, a high-profile digital fiat project backed by 14 big-name financial institutions, is teaming with the ConsenSys-backed Adhara
Price Analysis Feb 24: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, ADA
24.2.2020
The failure to resume the uptrend shows traders are booking profits instead of buying and this could drag crypto prices lower over the short term
Shopify Joins Libra While Quitter Vodafone Advertises Bitcoin on Facebook
24.2.2020
Facebook’s coin project, Libra, continues to draw attention despite setbacks, including a shrinking pool of backers and a growing number of worried regulators. But now with JP Morgan seeing potential for the social network’s cryptocurrency and e-commerce giant Shopify joining the Libra...
Get Ready for the Bitcoin Halving – Here Are 9 Countdown Clocks You Can Monitor
22.2.2020
The anticipation for the block reward halving for BTC, BCH, and BSV has been building. All three cryptocurrencies will see rewards halved from 12.5 to 6.25 coins throughout the months of April and May. The following is a comprehensive list of websites that are counting down each crypto’s...
Price Analysis Feb 21: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LINK
21.2.2020
The broad-based move in cryptocurrencies might be over and the market is likely to be selective in the next leg of the up move
Price Analysis Feb 19: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LINK
19.2.2020
After the recent correction and recovery, several major cryptocurrencies appear to be consolidating before resuming their uptrend