Cryptocurrency News
Bitcoin Price Analysis (BTC/USD) BTC/USD pair has been on a downtrend over the last 24hrs. The coin has also given significant moves that suggested intense bearish pressure coming from sellers. The top cryptocurrency is thereby down by 0.37% after having shifted from the opening session of $85.92.24 to the closing […]
Bitcoin Price Analysis (BTC/USD) The price of BTC/USD pair has shown a positive sign starting from 12:00 to 21:00, where it jumped from $9271.17 to an intraday high of $9586.50 that indicated intense buying pressure. However, the momentum changed shortly after due to an increase in selling pressure. That resulted […]
A lot of information can be garnered from looking at any cryptocurrency’s network hashrate. In the case of Bitcoin, the opinions regarding this matter have been well-documented over the past few years. Litecoin, on the other hand, has noted a very significant drop in mining power over the past few […]
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 […]
Any new form of technology is prone to bugs and hacks. That situation is no different in the cryptocurrency industry today. The Lightning Network, a layer-two scaling solution for cheaper and faster payments, can be subjected to an attack. That attack can effectively halt lightning payments, which is far from […]
Litecoin Price Analysis (LTC/USD) The slight recovery of the top cryptocurrency (BTC) has improved the price of many altcoins. LTC/USD pair has today record an intraday gain of 2.7%, after having escalated from $57.29 to $58.93. The bullish move has thereby made traders believe that LTC coin is ready to […]
It seems like the cryptocurrency market is slowly waking up as the new week begins. Bitcoin continues to trade sideways while some cryptos are making small steps upwards, registering single digit percent gains. Litecoin made a nice recovery after this weekend’s slump and is currently trading at $71.23 on Bitfinex. […]
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 […]
Bitcoin Price Analysis (BTC/USD) On an hourly chart, the bulls have dominated the market of BTC/USD pair. The 7 day MA was seen gravitating above the 21 day MA that signaled an increase in bullish pressure. The top cryptocurrency has slightly gained by 0.17%, having escalated from $10731.71 to $10750.00. Apparently, […]
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 […]
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex The Litecoin, presently being the fifth cryptocurrency in terms of market capitalization, has halved the payments to miners. Another halving has reduced the payment for a block from 25 LTC to 12.5 LTC; at the same time, the difficulty of mining has grown […]
Bitcoin Price Analysis (BTC/USD) On an hourly chart, the price of BTC/USD pair has succumbed an intense bearish pressure. Having begun the session yesterday trading at $12197.51 that was followed by a false breakout that rolled the price down to currently changing hands at $11624.60. The downward move was seen […]
Stellar Price Prediction (XLM/USD) XLM/USD pair underperforms on an intraday chart; the stellar coin oversaw a bearish momentum that most likely gained support from the 21 day MA that crossed above the 7 day MA. The downward price rally signaled decrease in investor’s sentiments. The pair’s price has recorded a […]
Bitcoin Cash Price Analysis (BCH/USD) On an hourly chart, BCH/USD pair has impressively performed. It seemed like the recent Bull Run of BTC has positively affected the price of many cryptocurrencies, BCH included. BCH has been on a Bull Run that was supported by the 7day MA that gravitated […]
Bitcoin Price Analysis (BTC/USD) Over the last 24hrs, BTC/USD pair has been trading on a sideways market. On an hourly chart, the horizontal channels that are acting as the pair’s price resistance level $10694.22 and support level $10374.41 that confirmed the sideways trend. An upward price rally was encountered, with […]
Before cryptocurrencies can gain mainstream traction, there need to be a lot more regular use cases. So far, choices remain limited on that front. Things seem to be picking up a bit for Litecoin although becoming the “official cryptocurrency” of the Miami Dolphins will probably not have much of an […]
There are many different factors which can influence the price of any cryptocurrency. In most cases, it is a matter of supply and demand across different exchanges. With Bitcoin and Litecoin, that situation is slightly different. Both currencies have seen at least one block reward halving which had some interesting […]
At press time, bitcoin – the granddaddy of all cryptocurrency – is trading for over $8,800. This is miles better than where it stood during our previous price article, but it’s disappointing that early on Sunday morning, the cryptocurrency was trading for over $9,300. Thus, a $500 drop has seemingly […]