Cryptocurrency Market Analysis

27 05, 2020

Bitcoin Price Caught Between Key Support Levels as Bearish Sentiment Grows

2020-05-27T02:03:00+00:00 May 27th, 2020|Crypto News|0 Comments

Bitcoin (BTC) price had a relatively muted day as the digital asset traded between $8,700-$8,885. Currently, the price remains below the ascending channel trendline and the daily candle closed as a neutral doji, showing bulls and bears are in contention on the direction Bitcoin will take over the short-term. Crypto market weekly price chart. Source: Coin360As the price searches for direction and its dominance rate drops from [...]

25 05, 2020

FOMO Risk? THETA Outpacing Bitcoin With 1000% Gains Since March Crash

2020-05-25T16:36:00+00:00 May 25th, 2020|Crypto News|Comments Off on FOMO Risk? THETA Outpacing Bitcoin With 1000% Gains Since March Crash

As the halving hype has now passed for Bitcoin (BTC), altcoins are beginning to regain traction. In that regard, many altcoins have been showing significant movements in the past two weeks.One of the biggest gainers is Theta Token (THETA), which gained 1,000% since the crash on Black Thursday, March 12. The second token of the Theta platform is called Theta Fuel (TFUEL) has also surged [...]

24 05, 2020

Why All Eyes Should Be on the $9,000 Bitcoin Price Level This Week

2020-05-24T10:18:00+00:00 May 24th, 2020|Crypto News|Comments Off on Why All Eyes Should Be on the $9,000 Bitcoin Price Level This Week

Last week, Bitcoin (BTC) looked poised for a huge move up to $11,000. Instead, we saw a sidewards week of price action coupled with a small pullback. Has Bitcoin topped out? Is there too much selling pressure around $10K? Let's take a look at what's happening with the largest cryptocurrency by market capitalization, BTC. Daily crypto market performance. Source: Coin360.comMore sellers than buyers BTC/USD 1-hour chart. Source: TensorChartsBitcoin [...]

23 05, 2020

Bitcoin Price Ping Pong Within Tighter Range Hinting at $8.5K Next

2020-05-23T15:57:00+00:00 May 23rd, 2020|Crypto News|Comments Off on Bitcoin Price Ping Pong Within Tighter Range Hinting at $8.5K Next

The price of Bitcoin (BTC), the top-ranked cryptocurrency by market capitalization, has seen a spike towards $10,500 before the halving took place on May 11. However, the price of Bitcoin has been having problems since the halving and is currently showing more signs of weakness.On the other hand, altcoins have been starting to show signs of life with the BTC market dominance index sliding from [...]

23 05, 2020

Wild Weekend for Bitcoin Price? US Lockdown Loosens on Memorial Day

2020-05-23T06:39:00+00:00 May 23rd, 2020|Crypto News|Comments Off on Wild Weekend for Bitcoin Price? US Lockdown Loosens on Memorial Day

Since dropping below the ascending channel trendline to $8,815 on May 21, Bitcoin (BTC) price has recovered 4.78%. BTC/USD continues to meet resistance at the 20-day moving average, obstructing traders’ desire to push the price above $9,300. Crypto market weekly price chart. Source: Coin360In the United States, this weekend includes the Memorial Day holiday, meaning traditional markets will be closed on Monday and the crypto market [...]

22 05, 2020

6 Questions for Wendy O of The O Show

2020-05-22T15:23:42+00:00 May 22nd, 2020|Crypto News|Comments Off on 6 Questions for Wendy O of The O Show

2 — Who would you hire in a heartbeat, and why?An underdog. Someone who is currently transitioning in life and looking for a second chance. I feel there are so many talented people in the world that often get overlooked due to their personal background or not having a college degree; society needs to do better and show compassion to people.Not everyone comes from the [...]

22 05, 2020

Bitcoin Price Bulls Have Only One Objective Before Next Week Starts

2020-05-22T13:30:00+00:00 May 22nd, 2020|Crypto News|Comments Off on Bitcoin Price Bulls Have Only One Objective Before Next Week Starts

Bitcoin (BTC) price is up 1.23% for today’s session at $9,175 having reclaimed the $9,000 handle, after briefly losing it and finding lows of $8,800. Overall, the biggest cryptocurrency by market capitalization is down 1.8% from where it was at the same time on Thursday.Ether (ETH), the second-biggest crypto, is holding the $200 handle, and at $204 representing a 2.69% recovery from yesterday’s lows of [...]

22 05, 2020

Bitcoin Traders Now Eye $6-7Ks After 4 Failed Attempts to Break $10K

2020-05-22T07:22:00+00:00 May 22nd, 2020|Crypto News|Comments Off on Bitcoin Traders Now Eye $6-7Ks After 4 Failed Attempts to Break $10K

Since May 20 Bitcoin (BTC) price has dropped nearly 10%, shifting traders’ focus from taking out the $10K resistance to now holding above the all-important $8,800 support. The short-term bearish trend took hold after the top-ranked crypto-asset on CoinMarketCap experienced repeated rejections near the $10K mark, which took the form of higher lows at $9,942, $9,905 and $9,849. Crypto market weekly price chart. Source: Coin360Failure to set [...]

21 05, 2020

Journeys in Blockchain: Alex Tapscott, Co-author of Blockchain Revolution

2020-05-21T15:02:08+00:00 May 21st, 2020|Crypto News|Comments Off on Journeys in Blockchain: Alex Tapscott, Co-author of Blockchain Revolution

“I was always sort of a different person in math class than I was on the field. I was a very serious person when it came to sports and not always that serious when it came to academics.” But one particular rugby and football coach also happened to be Tapscott’s math teacher. “He was able to challenge me to always do better.” Tapscott admits he was [...]

20 05, 2020

Open Source or Free for All? The Ethics of Decentralized Blockchain Development

2020-05-20T19:24:28+00:00 May 20th, 2020|Crypto News|Comments Off on Open Source or Free for All? The Ethics of Decentralized Blockchain Development

“Blockchain technology is not as decentralized as we think,” Golden Gate University law professor Michele Benedetto Neitz wrote recently. Public blockchains are supposed to operate by consensus — democratically, if you will — but critical decisions are more often made by a very small group of ‘agents of influence’ — often core software developers.As a case in point, Neitz referenced the infamous 2016 DAO hack, [...]

20 05, 2020

Bitcoin Just Painted a ‘Golden Cross’ But Is $10,500 Now Achievable?

2020-05-20T07:14:00+00:00 May 20th, 2020|Crypto News|Comments Off on Bitcoin Just Painted a ‘Golden Cross’ But Is $10,500 Now Achievable?

Bitcoin (BTC) price remains in a somewhat neutral zone, caught between two highly consequential paths. For the past week, the top-ranked digital asset on CoinMarketCap has struggled to push above $9,900 in order to attack the $10K mark. On Tuesday morning Bitcoin made another attempt at $10,000 when the price quickly rallied to $9,900 as some sort of hiccup in the BitMEX trading engine caused the [...]

19 05, 2020

Bitcoin Price Stuck Sideways But Another $10K Retest May Trap Bears

2020-05-19T10:57:00+00:00 May 19th, 2020|Crypto News|Comments Off on Bitcoin Price Stuck Sideways But Another $10K Retest May Trap Bears

The price of Bitcoin (BTC), the top-ranked cryptocurrency by market capitalization, has been hovering below the psychological barrier of $10,000. The halving didn’t give the market what they expected as the majority was anticipating a further decline in the price post-halving. What’s next for the crypto markets? What can be expected from the price of Bitcoin if $10,000 is broken to the upside? Crypto market daily performance. [...]

18 05, 2020

The Invisible Man of the Visible World: How Blockchain Could Offer New Hope to Stateless Rohingya

2020-05-18T19:30:08+00:00 May 18th, 2020|Crypto News|Comments Off on The Invisible Man of the Visible World: How Blockchain Could Offer New Hope to Stateless Rohingya

On 16th April 2020, the Malaysian Navy intercepted a ship packed with an estimated 200 Rohingya refugees who had taken a long and precarious voyage. The Navy prevented the ship from approaching the shore; and while that boat’s whereabouts are now unknown, another vessel loaded with refugees was eventually located by the Bangladeshi coast guard.. From squalid camps in Bangladesh these refugees had traveled in search [...]

18 05, 2020

As Ethereum Grinds Upwards Past $200, These Signals Can Fuel ETH Price

2020-05-18T13:49:00+00:00 May 18th, 2020|Crypto News|Comments Off on As Ethereum Grinds Upwards Past $200, These Signals Can Fuel ETH Price

While the focus has been on Bitcoin (BTC) price recently, it is slowly shifting towards different projects. There’s a straightforward reason for that: the halving has passed by, so the markets are reverting to their normal day-to-day fluctuations. Hence, altcoins can regain some more attention.Based on that assumption, an analysis of Ethereum and its token Ether (ETH), the second-biggest cryptocurrency by market capitalization, is warranted.Crypto [...]

18 05, 2020

E For Estonia: How Digital Natives are Creating the Blueprint for a Blockchain Nation

2020-05-18T13:43:36+00:00 May 18th, 2020|Crypto News|Comments Off on E For Estonia: How Digital Natives are Creating the Blueprint for a Blockchain Nation

A few years ago, I would have struggled to point out the tiny Baltic nation of Estonia on a map, and I don’t think I am alone in that. With a population of 1.3 million, Estonia only gained independence — for the second time — from the Soviet Union in 1991, and joined the European Union in 2003. But its story is a fascinating one, and [...]

17 05, 2020

Record CME BTC Open Interest Shows Institutions Bullish on Bitcoin Price

2020-05-17T23:51:00+00:00 May 17th, 2020|Crypto News|Comments Off on Record CME BTC Open Interest Shows Institutions Bullish on Bitcoin Price

Bitcoin’s (BTC) options markets are finally taking off at CME. This week Cointelegraph reported that the combined volume traded over the last ten days surpassed $140 million, as institutional investors delved in call options.The buyer of a call option can acquire Bitcoin for a fixed price on a predetermined date. For that privilege, this investor pays an upfront premium for the call option seller.CME Bitcoin [...]

17 05, 2020

Bitcoin Price Charts Hint at the Most Exciting Breakout in Over a Year

2020-05-17T09:49:00+00:00 May 17th, 2020|Crypto News|Comments Off on Bitcoin Price Charts Hint at the Most Exciting Breakout in Over a Year

The price of the top-ranked cryptocurrency by market capitalization, Bitcoin (BTC), is set to explode in the coming week providing the weekly candle opens above $9,200. This would signal the end of a 46-week descending channel that BTC/USD has been locked in since it nearly tapped $14,000 in the summer of 2019. So is this the time to expect a new all-time high from the leading [...]

16 05, 2020

Ripple’s David Schwartz Spams Our Epic Fail Column — Reddit Nailed It

2020-05-16T17:26:19+00:00 May 16th, 2020|Crypto News|Comments Off on Ripple’s David Schwartz Spams Our Epic Fail Column — Reddit Nailed It

We’re Upvoting RedditRumors started circling in April that Reddit was tinkering with a token-based tipping mechanism on the platform. This week, it was revealed those rumors were well-founded.And the beautifully expressed rationale was clear: “In the beginning, the Internet was a free frontier — a land of openness, creativity and possibility… Then the amusement parks opened. Millions abandoned the frontier, drawn to the glitzy rides [...]

16 05, 2020

Bitcoin Price Consolidates Below $10,000 After Halving: What’s Next?

2020-05-16T15:18:00+00:00 May 16th, 2020|Crypto News|Comments Off on Bitcoin Price Consolidates Below $10,000 After Halving: What’s Next?

The halving is over, which means that the hype and FOMO around the halving are slowly fainting away. The price of Bitcoin (BTC), the top-ranked cryptocurrency by market capitalization, rallied towards $10,000 pre-halving, but also produced a 15% crash pre-halving. While the majority expected a drop post-halving to occur, the price rallied from $8,400 to $10,000. What can be expected with the price of Bitcoin in [...]

15 05, 2020

Cointelegraph Research: Demand for Bitcoin Grows After Halving

2020-05-15T22:42:00+00:00 May 15th, 2020|Crypto News|Comments Off on Cointelegraph Research: Demand for Bitcoin Grows After Halving

Data published today from Cointelegraph Markets and Arcane Research found that despite investor concerns over the block reward halving disincentivizing miners and possibly compromising the security of the network, demand for Bitcoin continues to rise globally.Proof of increasing adoption is supported by the total number of functioning Bitcoin ATMs rising to 8,000, a more than 90% increase since 2019. Bitcoin ATM operator, Coinstar, also reported [...]

15 05, 2020

6 Questions for Josh Frank of The TIE

2020-05-15T17:27:07+00:00 May 15th, 2020|Crypto News|Comments Off on 6 Questions for Josh Frank of The TIE

2 — Take a look at places 50 – 100 on the market cap rankings on CMC right now, and share a project that stands out for you. Why?As I parse through places 50-100, I can’t believe some of these coins still exist. Many of these projects have no users and no utility. Can someone justify to me how the Bitcoin Diamond network is worth [...]

15 05, 2020

Bitcoin Price Nears ‘Golden Cross’ But Will BTC Finally Conquer $10K?

2020-05-15T14:43:00+00:00 May 15th, 2020|Crypto News|Comments Off on Bitcoin Price Nears ‘Golden Cross’ But Will BTC Finally Conquer $10K?

The price of Bitcoin (BTC), the top cryptocurrency by market capitalization, is trading down 2.59% for today’s session at $9,540, erasing the push towards $10,000 late on Thursday.Ether (ETH), the second biggest crypto by market cap, is down a little less by 1.72% and retesting the critical $200 level, while XRP also attempts to maintain a key level of $0.20.Cryptocurrency market 24-hour view. Source: Coin3601-week [...]

15 05, 2020

Bitcoin Dip-Buyers Are Now Watching This Level After Another 5% Drop

2020-05-15T06:36:00+00:00 May 15th, 2020|Crypto News|Comments Off on Bitcoin Dip-Buyers Are Now Watching This Level After Another 5% Drop

At 2 A.M. (UTC) time Bitcoin (BTC) price abruptly dropped 5.11% to $9,256 before recovering to trade in the $9,500 range. This followed a previous sudden drop on Thursday after BTC briefly touched $10K to fill the CME futures gap.  Crypto market weekly price chart. Source: Coin360Data from CoinMarketCap shows that earlier in the day the price surged to $9,939 and the following consolidation of higher [...]

14 05, 2020

Journeys in Blockchain: 3LAU, DJ and Producer

2020-05-14T16:17:22+00:00 May 14th, 2020|Crypto News|Comments Off on Journeys in Blockchain: 3LAU, DJ and Producer

Loving what you do, doing what you loveWhile music was always Blau’s greatest passion, he still felt a need to pursue business as a career path. He always knew, he says, that he’d be involved in traditional things like finance, “just maybe not in a nine to five capacity”.Studying finance at Washington University in St. Louis, Blau began playing DJ gigs on weekends. He started [...]

14 05, 2020

2 Key Metrics Suggest Bitcoin Price is Back on the Path to $10,000

2020-05-14T04:23:00+00:00 May 14th, 2020|Crypto News|Comments Off on 2 Key Metrics Suggest Bitcoin Price is Back on the Path to $10,000

Bitcoin (BTC) price lit up today, rallying 5.78% to a daily high of $9,398 before pulling back to consolidate in the $9,300 range. The strong upside move pushed the top ranked digital asset on CoinMarketCap through the $8,800-$8,930 resistance zone. Since the halving day correction dropped the price to $8,122, Bitcoin price has recovered 14.48%, leading traders to now look for $9,200 to serve as support. Crypto [...]