Bitcoin price is stable above the 50SMA, the trendline and $7,200 levels. The uptrend is capped at $7,300 but $7,350 is in sight. Bitcoin is trading above the 50SMA (hourly chart) and has maintained trading above the support at $7,200 as discussed in yesterday’s analysis. In fact, there was a break above $7,300 in the evening (GMT) …
Bitcoin price analysis BTC USD retracement above $7,300 is inevitable Read More »
Bitcoin (BTC) is trading at around $7,255 at press time, down a fraction of a percent on the day to consolidate its freshly won gains, according to Cointelegraph’s Bitcoin Price Index. Having reclaimed the $7,000 mark August 31, the top coin has been solidly rising to a yet higher price point, now pushing $7,300. Bitcoin is trading $525 …
In a Mixed Crypto Market, Bitcoin Inches Upward but Ethereum Remains Shy of $300 Read More »
Bitcoin advocate Charlie Shrem has said that new crypto investors should not be spooked by the volatility of the asset class, but should rather select a token near the top end of the market and adopt a long term investment position. “Learn and Have Fun With It” Speaking to Yahoo Finance at the MoneyShow Conference in San …
Charlie Shrem: New Crypto Investors Should Ignore Volatility, Hold for Five Years Read More »
BTC/USD shows its strength over the weekend and exceeds $7,300, losing strength at today’s opening. ETH/USD falls in the last few hours amidst strong criticism about its future. XRP/USD is also in the group of Cryptos that have not been able to follow Bitcoin. It was very interesting to see what happened during the weekend on …
Bitcoin seen nursing some minor losses on Monday of around 0.5%, cooling seen across the market for now. BTC/USD in yesterday’s session saw a rejection at an attempted breakout from the rising channel. Big bearish wick seen on the candle that failed to break above resistance. BTC/USD 4-hour chart Spot rate: …
A new study from the Initial Coin Offering (ICO) advisory firm Satis Group has claimed that the price of Bitcoin (BTC) could soar to $98,000 within the next five years. However, the company forecasts a lower target for both Bitcoin Cash (BCH) and Ripple (XRP) in that period. According to the research team, Ethereum (ETH) will also …
Here come the Dapp era for Tron (TRX). All that is needed for the Tron community to turn the social media into a stage is musical instrument. Lovers of the altcoin have started wallowing in success for their long bellowed wish as the Cryptocurrency rolls into the decentralized application era with the Tron Virtual machine …
Tron TRX Gets Double Deal As It Enters The Dapp Era, Coindeal Lists Tron Read More »
On Thursday (30 August 2018), Bloomberg released a research report about the valuation of cryptoassets. This is the fourth part of a five-part series (on the cryptoasset market) that has been prepared by premier ICO advisory firm Satis Group. The report describes three valuation methodologies for cryptoassets (excluding stablecoins): Top Down (“using the quantity theory of money to …
Binance is one of the newest but also most popular bitcoin exchanges in the market today. Founded in 2017 by Chinese entrepreneur Changpeng Zhao, the exchange has grown in users as well as reputation in a matter of months. Binance initially started out with its headquarters in China and then moved its servers and facilities to Japan …
The price of EOS has jumped 55% in the last week as speculators pushed the price awaiting the decision to deploy its voting system. EOS has set aside $35 million worth of tokens to be allocated in order to further develop the EOS technology and blockchain. Now, with its newly announced referendum system, EOS has put in …
EOS posts huge gains after Referendum System Proposal Read More »
