Bitcoin Market Analysis: 24th February 2019 Today’s attempt by buyers to break through the price range of USD 4240-USD 4320 ended with big aggression on the part of sellers. At hourly time frame, it is clearly visible that buyers did not make any effort to break through this price zone. Only as buyers approached […]
Crypto Frenzy Overloads Binance, Tom Lee’s 2019 Bitcoin Forecast, and Ethereum’s Vitalik Buterin on Ripple and XRP Binance Overload Binance CEO Changpeng Zhao says a sudden burst in trading volume on Sunday triggered delays on Binance. According to Zhao, the leading crypto exchange hit an all-time high in system load as the price […]
Bitcoin – fundamentals stronger than they were during 2014-15 crypto-winter, says Pantera Capital A year ago, the market cap for the entire cryptocurrency industry was over $800 billion and it has since, fallen by over 80 percent to its current valuation of $135 billion. This period came to be known as the “crypto-winter.” Pantera Capital, […]
Bitcoin – Do or die for the bulls BTC at the cusp of a major resistance, break must. U-turn from here would be deadly and chaotic. Bitcoin, the largest cryptocurrency by market capitalisation, is sitting on the cusp of a breakout on the med-term charts, a break of which is a must if the bulls […]
Bitcoin – Bears Fail to Take a Bite, as Bitcoin Holds onto $4,000 Bitcoin holds onto $4,000 levels through the early hours. The bulls will be targetting $4,200 levels, but resistance will be high at $4,100. Bitcoin fell by 1.14% on Thursday. Reversing a 1.63% gain from Wednesday, Bitcoin ended the day at $4,008.8. […]
Bitcoin and BTC Futures Analysis – January 2019 CryptoCompare Exchange Review The January Exchange Review focuses on analyses that relate to exchange volumes, and includes an analysis of the highest volume producing jurisdictions, as well as market segmentation by exchange fee model. We also evaluate how spot volumes vs futures volumes have developed historically […]
Bitcoin gets delayed boost from JPMorgan’s embrace of crypto Bitcoin is approaching $4,000 for the first time since the start of the year, as the largest cryptocurrency gets a delayed boost from the announcement last week that JPMorgan has developed a prototype digital coin that it plans to use to speed up payments between corporate […]
Markets Hit Six Week High as Altcoin Rally Adds Another $10 Billion Yesterday’s crypto market rally has continued for a second day adding a further $10 billion to total market capitalization. The push has driven markets over $134 billion which is the highest they have been since the big dump on January 10, almost six […]
Bitcoin (BTC) Price Analysis: Aiming for Triangle Top Next! Bitcoin broke above its short-term descending channel to confirm that the climb is gaining traction. This also completes a breakout from the bullish flag continuation pattern, indicating that a climb of the same height as the mast is in order. The 100 SMA is above the […]
BITCOIN’S WONDER WEEK – 10 signs a boom is coming There are plenty of reasons to get depressed during ‘Crypto Winter’. But every day we read new stories about Bitcoin and cryptocurrency adoption that make us think the next boom is incoming. Here are 10 stories from this week alone: 1. Bitcoin is now legal […]