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Bitcoin And Altcoins Continue To Probe Key Hurdles
28.4.2020
In the past few sessions, bitcoin price struggled to surpass the USD 7,850 and USD 8,000 resistance levels. BTC/USD is currently (08:00 UTC) consolidating above USD 7,650 and likely preparing for the next key break. It could either rally above USD 7,850 or start a substantial decline towards...
Bitcoin, Altcoins Facing Hurdles On The Way Up
27.4.2020
This past week, there was a decent upward move in bitcoin price above the USD 7,200 resistance area. BTC/USD even surpassed the USD 7,550 resistance to move into a positive zone. The price is now (08:00 UTC) facing hurdles near USD 7,850 and USD 8,000, and it is likely preparing for the next...
Bitcoin And Altcoins Stay Below Key Hurdles
14.4.2020
After tagging the USD 6,550 support area, bitcoin price started an upside correction. BTC/USD is up more than 3% and it is now trading above USD 6,750. However, the price is still below many key hurdles near USD 6,850, USD 7,000 and USD 7,200.
Similarly, most major altcoins are currently (08:30...
Bitcoin and Altcoins Consolidating Below Key Hurdles
26.3.2020
Recently, bitcoin price made another attempt to gain momentum above the USD 6,800 and USD 6,850 resistance levels. However, BTC/USD failed to continue higher and it is currently (08:30 UTC) correcting gains. If there is a downside break below USD 6,500, the price could start an extended downside...
Monero’s Price Recovery Sees Hurdles; Support Appears at $38
23.3.2020
XMR coin saw a rebound above $44; however, corrections took it below $40 The price range around $38 appears as a support area; the coin is just above $39 right now The mild bullish trendline has been breached yesterday; technical indicators are still giving mixed signals Over the last five days...
Litecoin’s Short-term Rebound Sees Hurdles
9.3.2020
Litecoin has faced a very strong meltdown over the last couple of days amid Coronavirus threats. It’s not just LTC that has gone through such a bearish market phase; the whole market, in fact, all the markets (including the major ones such as US and China) have broken down. Litecoin Price...
Bitcoin Price Rally Continues Despite Hurdles Though BTC Pulls Back to 9K
3.3.2020
BTC heads to complete the bullish trendline after the recently halted price correction Last 4 hours have been out and out bullish for Bitcoin amid positive technical indicators The daily chart shows how the leading crypto coin is struggling to climb above $9000 again; BTC has even tested...
Binance Coin Escalates by 6.44% Overnight; Hurdles Appear above $19
5.2.2020
BNB has been holding a tight grip over the bullish momentum since yesterday; surges steadily above $19 The coin has started facing hurdles up there following the 6.44% price hike Till yesterday 12:00 UTC, Binance coin kept ranging between $17.90 to $18.89 Technicals are holding a bullish bias while...
VeChain (VET) Price Trend Rises Gradually; Yet Faces Hurdles
30.1.2020
VET price is correcting down after the 5-day long mild price surge The coin has formed lower highs over the last couple of days; current momentum of the coin is bearish The bullish trendline has been breached before the coin closed on January 28 The coin is likely to find a support level soon...
Bitcoin Breaks 7-Month Downtrend But Must Clear These Hurdles to $10K
27.1.2020
Bitcoin and cryptocurrencies are showing healthy bull market signs
Why Quantum Computing’s Threat to Crypto May Be Further out Than Previously Thought
22.12.2019
According to one researcher, quantum computing faces more hurdles than many realize when it comes to achieving viability in breaking encryption. In a recent report Dr. Subhash Kak, Regents Professor of Electrical and Computer Engineering at Oklahoma State University, notes that there are issues...
Bitcoin and Altcoins Struggle To Surpass Key Hurdles
10.12.2019
After a successful break above the USD 7,550 resistance, bitcoin price struggled to surpass the USD 7,650 resistance area. As a result, BTC/USD failed to stay above USD 7,550 and even declined below USD 7,400. The price is now (09:00 UTC) consolidating below USD 7,400 and it could retest the...
European Banks Struggle With Low Interest Rates and Strict Regulations
4.12.2019
Banks in Europe have been in a difficult spot lately. A new report reveals that financial institutions across the region faced serious difficulties in the 2018 financial year, and despite all the cost cutting that followed, haven’t managed to compensate the revenue decline in 2019....
How Blockchain Can Help Banks to Overcome Hurdles by Using DLT?
7.11.2019
One of the most discussed topics today in the financial sector is blockchain banking. Besides, if it is fully utilized, it will empower banks to process the payments all the more rapidly and precisely by reducing the exchange processing costs and can be used in a lot of special cases. Blockchain...
Only 1 Crypto Fund Has Passed Hong Kong’s SFC Regulatory Hurdles in First Year
6.11.2019
Only one financial fund has passed Hong Kong's framework for digital asset investments
Ripple Records Hefty Price Recovery Over a Month; Currently Facing Hurdles
4.11.2019
The 24-hour price movements of Ripple look bearish amid a few dips below $0.29. The monthly chart of XRP gives positive signs; noted an increase of more than 16%. Ripple has been facing major rejection above $30, price range around $28 to $26 seems to be posing as a support level. Technical...
Five Hurdles Blockchain Faces to Revolutionise Banking
23.10.2019
Blockchain is touted as the next step in the digital revolution, a technology that will change every industry from music to waste. When it comes to money, it goes well beyond bitcoin. Academics have claimed it will “do to the financial system what the internet did to media”.
There are many...
Bitcoin and Altcoins in Corrective Increase Towards Hurdles
17.10.2019
In the past few hours (08:00 UTC), there was a downside extension in bitcoin price below the USD 8,000 support area. BTC/USD traded close to USD 7,900 and it is currently correcting higher. However, there are many resistances on the upside near USD 8,200 and USD 8,250. Similarly, ethereum,...
Fed Governor Brainard Identifies Libra Threat, Says Regulatory Hurdles Abound
17.10.2019
Federal Reserve governor Lael Brainard delivered a sharp critique of Libra, which would need to resolve many regulatory hurdles before going live
Stellar’s Rebound Sees Hurdles, Consolidates Around $0.060
10.9.2019
While crypto prices are going through a bumpy ride, the market updates somehow manage to turn the heads of many. One of the major altcoins, Stellar Lumens, is all set to launch a $120 million airdrop in partnership with Keybase, an encrypted messenger. It is to be observed how this is going...