Cryptocurrency News
Many different factors can influence the future value of Bitcoin. Given the current circumstances, it seems rather unlikely that any major uptrend will materialize. The Bakkt Bitcoin futures are seemingly becoming more popular, but it seems plausible to assume that popularity will only trigger more bearish pressure in the foreseeable future. […]
The cryptocurrency market has created new opportunities for traders and investors, and many have jumped on the bandwagon. However, for anyone interested in cryptocurrencies, prudence is in order. There is no shortage of investment advice and tips offered online, but it is important to separate the wheat from the chaff. […]
After dropping significantly last month, the cryptocurrency market took another plunge downwards. Let’s take a look at some of our favorite cryptocurrencies – Bitcoin, Ethereum, Litecoin – and see if the charts tell us anything. Bitcoin Price Analysis (BTC/USD) Within the last 24hrs, BTC/USD pair has dramatically fallen back to […]
Upcoming Shariah-compliant P2P financing platform aims to be the first to introduce unsecured crypto loan products. One important feature seems to be missing in the ever-expanding crypto credit market, there are still no unsecured crypto loan products. This is primarily due to the issue of enforcement in the event of […]
After reaching almost $14,000 in late June Bitcoin has been trading sideways at around $10,000 for the last couple of months, bouncing off the resistance level of $11-12K and having strong support at $9300. It’s been reported that bitcoin volatility levels reached 4-5 months minimums. After trading sideways around the […]
Monero Price Analysis (XMR/USD) On today’s hourly chart, the Monero coin is showing a beatable outlook, with negative moves. XMR/USD pair failed to recover from the bearish momentum as it is currently holding strong support below $54.938 and resistance level at $56.199. The market started the sell-offs trading at $55.875, […]
Various governments around the world aren’t too sure how to tackle Bitcoin. Numerous aspects of this particular industry need to be treated very differently from one another. Crypto-derivatives are getting some unfavorable attention in the United Kingdom. So much even that these vehicles may be considered illegal in the near […]
It is always unfortunate to see cryptocurrency companies meet their limits. For trading platforms and exchanges, those limits often consist of financial constraints. Although CoinExchange.io was never a major trading platform, it had a loyal following among altcoin traders, Unfortunately, the company will shut down in two weeks. The end […]
The already existing global financial system has led to numerous inequalities, thus raising the question of how we can make wealth-building tools more accessible to the rest of the global population. The rapid acceptance of evolving technologies has made the development of a new alternative to the existing financial system […]
As the Bitcoin price is seemingly intent on trending lower over the next few hours and days, there will be other markets reaping the benefits. Altcoins need to rise up in value to thwart Bitcoin’s gravitational pull. Most projects fail spectacularly in this regard, but there are always some exceptions […]
The new GOLD stablecoin has been launched by crypto platform Digital Gold, making it possible for both cryptocurrency and precious metal enthusiasts to own digitized real gold that is transferred over by blockchain technology. The team at Digital Gold has developed a remarkable platform supporting ERC20 token and smart contracts, […]
Despite promising market momentum, the current conditions remain problematic for Bitcoin service providers. In Thailand, one of the biggest services will shut down in a few weeks. Bitcoin Co. Ltd, also known as Bx.in.th, will not seek a renewal of its Digital Asset Exchange license. It is unclear why this […]
Monero Price Analysis (XMR/USD) The weak market condition of the Monero coin has ravished its capability to record a bullish market performance. On an intraday chart, XMR/USD pair has exhibited a bearish outlook. Notably, analysts anticipate further downside move. According to them, the XMR/USD pair may continue to suffer as […]
Stellar Price Analysis (XLM/USD) On an intraday chart, stellar has recorded a strong selling pressure that has led to a dip in the volatility level. XLM/USD pair began the sell-off yesterday trading at $0.0717 that was followed by a steep fall that fluctuated the price down to closed at $0.0680 […]
Over the last 5 day of trading, the market of IOTA/USD pair has exhibited a strong bullish outlook on a 4hr time frame. The bulls seemed to have been dominating the momentum as the volatility is getting higher. The upside move shifted the price action from a critical support level of $0.23423 […]
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex Technical Analysis On the weekly timeframe, the Bitcoin remains in the correction phase, which may extend and bring the quotations to the psychologically important level of $7000.00. Upon the end of the correction, a new wave of growth may be expected, confirmed by […]
There is never a day without intriguing cryptocurrency developments. Those who can look past the drama and hype may have taken note of a surprising bit of news. It appears there will be IPOs issued on top of the Ethereum blockchain. These tokens will serve both security and utility functions. […]
Bitcoin Price Analysis (BTC/USD) According to an hourly chart, BTC/USD pair has been facing a high vitality in the last 24hrs. BTC/USD pair has thereby slightly dipped by 0.89% since it opened trading yesterday at $11914.02 and is now at $11807.04. The moving averages have intertwined that signaled a lack […]