Search
Bitcoin Projects a Trend Revision as it Trades Around $8.3k
25.1.2020
Bitcoin, at the time of writing this analysis, was trading at $8,302.80 on Coinbase The current trading price loses short and long-term support from the daily moving averages The BTC/USD price trend fall below 61.80% Fib Retracement Level as it approaches to form the right shoulder around...
6 Bankers Accused of Earning €30M in Bonuses From German Fraud, Tax Lawyer Out on €4M Bail
22.1.2020
Former bank employees have received bonuses worth millions of euros in an illegal trading scheme that also involved a tax lawyer, prosecutors in Frankfurt revealed this week. The case is part of multiple investigations carried out across Germany, the hardest hit country in a notorious tax fraud...
Cardano Hits a Fresh 30-day High at $0.043, Trades Moderately Volatile
16.1.2020
Cardano (ADA), at the time of writing this analysis, was trading at $0.0409. Remarkably, the coin has hit a fresh 30-day high at $0.0439 after bottoming out at $0.0304 in the previous month. This intraday boost has given a push to the trading volume and market cap figures of ADA as well. This steep...
Bitcoin Futures Hit 3-Month High in Frenetic Tuesday Trading
16.1.2020
January 14 was the best trading day of the year for many cryptocurrencies, which saw double or even triple-digit percentage gains. It was also a good day for futures markets, where more than $25 billion in trades was placed on Tuesday. The result constituted the busiest day for futures in almost...
Win or Lose, These Crypto Whales Share Their Trades
14.1.2020
Whales are mega-rich traders who inhabit the depths of the crypto seas. Theirs is a realm of dark pools, hidden order books, OTC deals, and rich list wallet addresses. Shunning publicity in favor of pseudonymity, most whales keep their trading and personal lives separated, with only the blockchain...
BTC Trades Impressively Bullish; $8,000 Remains the Next Big Target
7.1.2020
Bitcoin (BTC), at the time of penning down this article, was trading at $7,898.87. Important to note that the coin has hit a fresh 30-day high around $7,900. The king of cryptocurrencies is trading with all the grounded support from the daily moving averages. It has been since yesterday that...
Monero Hits a Fresh Monthly High at $59; Trades Extensively Bullish
7.1.2020
Monero (XMR), at the time of writing, was soaring at $57.90 and has notably hit a fresh 30-day high around $59 price area, recording its positive intraday move. Although the market is seen gaining momentum, it is yet to decide whether the same is sustainable and real or sheer illusion. Also, just...
Bitcoin Trades with a ‘Bullish Engulf’ and Projects a Notable Rally Soon
6.1.2020
Bitcoin, at the time of writing was trading at $7,526.76 and notably swifts above the major resistance at $7,300 followed by $7,500. In the past 7-days BTC price had even hit below $7,000, when we believed it to be a complete end of the bullish era. However, the bullish candlestick pattern on...
XRP Trades Moderately Bearish as it Marks an Intraday Low at $0.18
3.1.2020
Ripple (XRP), at the time of writing, was trading at $0.192, after having corrected from $0.18 in the past 24 hours. The major support for the coin is lying at $0.18, followed by $0.17 and as per the current momentum, it seems that the coin will decline even further before it rises. Moreover,...
Bitcoin Trades with a Considerable Support After Nosediving to $7,195
1.1.2020
Bitcoin, at the press time, was trading at $7,194.57. After having consolidated around $7,200 for the longest time now and facing rejection at $7,500, BTC has now slid down, giving an intraday dip. The end of the bygone year was quite calm for the BTC holders as compared to the altcoin investors....
Dogecoin Embarks on Bearish Run as it Trades Around $0.0019
1.1.2020
Dogecoin (DOGE), at the time of writing, was trading at $0.00194. The beginning of the new year has not been that impressive as Bitcoin price was seen consolidating around $7,200 after having corrected from $7,500. Moreover, Dogecoin, in the second half of the bygone year, was seen nosediving only....
Bitcoin (BTC) Trades Under the Big Falling Wedge
31.12.2019
Volatility is incoming as daily prices may see a rise in value to test the trendline at $7600. Weekly BTC prices are still trading inside the declining channel and can go down further to complete this pattern. Bitcoin Price Prediction Weekly prices are trading at a 61.8% Fib level and it...
Cardano Trades with a Steep Fall; Appears Bearish at $0.0333
31.12.2019
Cardano (ADA), at the time of writing, was trading at $0.0333. Important to note that the many altcoins were seen soaring yesterday, but ADA price seems to have experienced an intraday fall. The movement of the coin is not supported by any of the imminent moving averages at present. If observed...
Stellar Appears Bearish as it Trades at $0.045 with a Negative Crossover
31.12.2019
Stellar trades at $0.0453 at the press time and is seen as having a plunging momentum. However, as observed, it was a pleasant day for the altcoin’s traders and investors yesterday, like ETH, BCH, BSV was trading at amazing figures. On the last day of the decade, we rightly embrace the soaring...
South Korea Imposes $69M Tax Obligation on Crypto Exchange Bithumb
30.12.2019
The National Tax Service of South Korea (NTS) has decided to withhold income tax from Bithumb’s foreign customers. The total tax to be imposed on their transactions amounts to more than 80 billion won (over $69 million), the leading Korean cryptocurrency exchange announced. Also read: Poles...
Litecoin Marks an Intraday Bullish Move; Trades Around an Imminent Price Area at $42
30.12.2019
Litecoin currently trades at $42.86 and is hitting the upper Bollinger Band laid on a 4-hourly chart. The current trading price is a result of a positive intraday move. If it continues to gain momentum, LTC price is expected to rise above the ultimate support/resistance area. The active support...
Market Update: Crypto Traders Search for Bullish and Bearish Trends
29.12.2019
During the last few days, digital currency markets have been meandering sideways and prices have been less volatile. On Sunday, during the last 24 hours, the entire cryptoconomy is hovering just below the $200 billion zone and there’s roughly $71 billion in global trades. Crypto proponents...
OKEx Launches Bitcoin Options Trades for Select Clients Ahead of January Launch
26.12.2019
Malta-based crypto exchange OKEx is launching Bitcoin options for select invited traders before the product’s public rollout in Jan. 2020
Uzbekistan Bans Citizens From Buying Crypto, They Can Only Sell
24.12.2019
Authorities in Uzbekistan have effectively banned residents from purchasing cryptocurrencies on digital asset exchanges licensed in the country. Crypto holders will only be able to sell their coins and that’s if these have not been obtained through anonymous transactions, amendments to...
Cardano Trades Moderately Bullish; Holds Risk of Downside Breakout
23.12.2019
Cardano trades above the 52-week low that was exhibited in the previous week The constant lower highs formed in the past 6 months gave a fresh 52-week low in the previous trading week at $0.0308 ADA gains support from the 10-day MA, however, fails to gain long-term support Cardano has been only...