Utilising MarketHive to Promote CryptoCurrency
BitTorrent Now Belongs to TRON After several weeks of speculation and gossip as to whether Justin Sun’s TRON will purchase BitTorrent, the newest reports are in confirming that the deal is done. BitTorrent is now officially owned by TRON, and the reports claim that the deal is valued at $140 million. Ever since the information that […]
Bitcoin (BTC) Price Watch – Are Bears Back in the Game? Bitcoin Price Key Highlights Bitcoin price broke below the latest swing low to confirm that selling pressure remains. Price is testing one of the Fibonacci extension levels and could head to the next ones from here. Technical indicators are giving mixed signals but […]
Analyst Predicts Bitcoin Price Rebound Above $10,000 by 2019 Todd Gordon, founder of TradingAnalysis.com predicted Bitcoin (BTC) to drop to $4,000 prior to a rebound above $10,000 by 2019 on CNBC’s Stock Draft June 22. Gordon suggested that BTC will drop below $5,000, subsequently hitting $10,000 by the end of the year, citing significant […]
World’s Biggest VC Firms are Creating Cryptocurrency Funds, Market Enthusiastic Historically venture capitalists do not own cryptocurrencies. They hold equity and invest in privately and publicly held companies but, with the potential of cryptocurrency and blockchain based technology companies to create unprecedented returns VC firms are exploring ways to restructure legally and financially to tap […]
Why bitcoin made a comeback after the South Korean exchange hack Bitcoin declined on Wednesday after a South Korean exchange hack was reported. But by the same evening, the digital coin had bounced back. Two cryptocurrency traders explain why. Bitcoin made a comeback despite crashing after a recent hack on a South Korean exchange, and […]
Bitcoin (BTC) Price Watch – Make or Break at Channel Resistance Bitcoin Price Key Highlights Bitcoin price looks ready to resume the slide after hitting the resistance at the descending channel. This lines up with the Fib retracement levels, adding strength to the ceiling. Technical indicators also support a continuation of the downtrend. Bitcoin […]
The exponential growth in ICO’s has been staggering. It allows entrepreneurs to pursue their dreams without giving up equity in their companies or giving venture capitalists a seat in the boardroom. At the start of the ICO boom in 2017, most offerings quickly sold out and record breaking amounts were raised. But now we see […]
Bitcoin Cash Price Analysis – BCH/USD May Overtake $900 Key Points Bitcoin cash price bounced back sharply from the $825 support area against the US Dollar. Yesterday’s highlighted key bearish trend line with resistance at $840 was breached on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is currently trading […]
Bitcoin (BTC) Price Watch – Eyes on This Consolidation Pattern Bitcoin Price Key Highlights Bitcoin has formed lower highs and higher lows to trade inside a symmetrical triangle pattern on its 1-hour chart. Zooming out to longer-term time frames shows that this might be a bearish flag continuation pattern. Price is nearing the peak of […]
Bitcoin Price Weekly Analysis: Can BTC/USD Gain Traction? Key Points Bitcoin price is currently consolidating around the $6,500 level against the US Dollar. The BTC/USD pair is currently attempting an upside break above a declining channel with resistance at $6,500 on the 4-hours chart (data feed from Kraken). The pair may move a few points […]
