Search
Bitcoin and Altcoins Showing Positive Signs
4.6.2020
In the past two sessions, there was a decent recovery wave in bitcoin above the USD 9,400 and USD 9,550 levels. BTC is trading above the USD 9,600 level (08:30 UTC), but it must clear the USD 9,850 resistance zone for a sustained upward move above the USD 10,000 level.
Similarly, most major...
Options Market Keeps Sending Bullish Signs to Bitcoin Investors
2.6.2020
After a day of strong price gains that sent bitcoin (BTC) up by nearly 6% over the past 24 hours to breach the important USD 10,000 level, the options market may have even more good news in store for hopeful investors.
According to data from Skew, a provider of crypto derivatives analytics,...
Alibaba Signs Blockchain-Related Deal With Chinese Port Operator
30.5.2020
The biggest port operator in China joined the e-commerce giant and Ant Financial to strengthen blockchain’s adoption across the port industry
Google Signs On as Network Validator for Blockchain Video Network Theta
27.5.2020
Google is teaming up with Theta Labs in a move meant to help the video delivery network onboard users through Google Cloud
Trump Signs Deregulation Order to Boost US Economic Recovery
21.5.2020
U.S. President Donald Trump has signed an executive order to eliminate “unnecessary regulations that impede economic recovery” following the coronavirus crisis. With this deregulation, government agencies are “encouraged to promote economic recovery through non-regulatory...
Bitcoin Struggling Near USD 9,000, Altcoins Show Signs of Life
13.5.2020
After halving, bitcoin price managed to settle above the USD 8,550 pivot level. BTC even climbed above the USD 8,850 resistance, but it seems like it is facing a major resistance near the USD 9,000 zone. If there is a clear break above USD 9,000, the price could start a strong rally.
Looking...
Bitcoin Miners Send Bullish Signs Ahead of Halving
8.5.2020
There's some bullish news from the mining industry ahead of Bitcoin (BTC) halving. Miners are hoarding BTC, expecting higher prices and buying rigs in the thousands, while the recent rally has made older rigs profitable once more, thus pulling many miners away from the exit door.
The miners have...
Ethereum’s Time is Coming — These Signs Prove it!
6.5.2020
Ethereum’s cryptocurrency Ether has had an outstanding start to the year, as its value has almost doubled. Many enthusiasts claim that its time is coming and that Ethereum will become even more popular in the near future. Some of the overall signs of improvement include the increasing number...
Bitcoin Price Is Showing All 3 Crucial Signs of a Classic Bull Trap
24.4.2020
Recent 10% rally of Bitcoin meets the criteria of a classic fakeout, as shorts get hunted down overnight
Blockchain Fantasy Soccer Game Sorare Signs Licensing Deal With Real Betis
23.4.2020
Players of blockchain-based fantasy soccer game Sorare can now buy digital collectible player cards for star Real Betis player Nabil Fekir and others
Big Tech Signs Rare Open Source Pledge to Boost Supplies During COVID
21.4.2020
Major tech firms are opening their patents to allow developers to build much needed tools during the coronavirus crisis
Bitcoin Price is Showing 3 Textbook Technical Signs of a Severe Correction
18.4.2020
Bitcoin is vulnerable to a major correction due to three key technical reasons
Chinese City Signs Deal With Huawei to Strengthen Blockchain Adoption
13.4.2020
Shenzhen has reached an agreement with telecom Huawei to boost cutting-edge technology adoption, including blockchain
Tezos Southeast Asia Signs Deal to Test Blockchain in Accounting Industry
13.4.2020
Tezos Southeast Asia has penned a partnership with the Association of Chartered Certified Accountants
Bitcoin, Equities Markets Rally on Signs of Hope
6.4.2020
"Looks like we're piggy-backing on equities with some data possibly indicating virus peaking," says a trader of bitcoin's 5 percent jump Monday
Trump Signs Largest Relief Bill in US History: When Will Americans Get Stimulus Checks
28.3.2020
U.S. President Donald Trump has signed into law what he calls the largest single economic relief bill in history. “At $2.2 trillion dollars, this bill will deliver urgently-needed relief for our nation’s families, workers, and businesses,” Trump said. Americans are expected...
Monero’s Recovery Sees Rejection at $0.40; Technicals Giving Mixed Signs
13.3.2020
XMR coin has just found a support level at $26.06 Yesterday’s extremely bearish sentiment seems to be on a break; falling trendline halts Bollinger bands are heading for convergence; the coin is still below the EMA line Amid market volatility, MACD has formed a bearish crossover Monero price...
Monero (XMR) Trades at $50; Holds No Signs of a Quick Rebound
12.3.2020
At the time of penning down this analysis, Monero’s price was trading at $50.83. Important to note that the price of XMR coin has hit the support around $50 after 60 days of resistance beyond it. The current trading price of the currency is 47% lower than the 90-day high price marked at...
Bitcoin and Altcoins Show Post-Crash Recovery Signs
27.2.2020
Yesterday, we discussed the chances of more losses in bitcoin below the USD 9,200 and USD 9,000 support levels. BTC/USD did decline heavily and broke many supports near USD 9,000 and USD 8,850 level. It tested the USD 8,550 support area and it is currently (09:00 UTC) correcting higher.
Similarly...
Bitcoin and Altcoins Showing Signs of Corrective Decrease
14.2.2020
After yet another rejection close to USD 10,500, bitcoin price started a downside correction. BTC/USD broke the USD 10,350 and USD 10,200 support levels. It is now consolidating losses, with signs of a corrective decrease towards USD 9,850.
Similarly, there was a minor decline in most major...