Bitcoin price is holding the $5,800-$5,900 support but plunging Dow and S&P 500 futures could lead Bitcoin price to revisit prices below $4,000. After failing to gain above the $6,400 resistance on March 22, Bitcoin (BTC) bulls spent the remainder of the day struggling to bring the digital asset back above $6,000. At the time […]
Continue ReadingMost top performers of the past week show buying at strong support levels. If the rebound picks up strength, it might signal that a bottom is in place. The world is in a state of panic due to the coronavirus pandemic. People are fighting over toilet paper, which shows the extent of nervousness. At such […]
Continue ReadingBitcoin investors were mortified by last week’s 50% crash but it’s important to remember that Bitcoin was specifically designed for a global crisis. If you’ve been in Bitcoin (BTC) long enough most likely its Genesis Block has been mentioned quite a few times. If not, the image below should be self explanatory. Bitcoin Genesis Block […]
Continue ReadingCAN crypto payment provider is undertaking final testing before the launch of its cryptocurrency credit card. Canadian cryptocurrency payments provider, NetCents, has completed the technical integration of its consumer credit card into its proprietary ecosystem. NetCents announced March 20 that it had begun edge-case scenario testing in real-world environments in order to ready the card […]
Continue ReadingCurrent price action from top cryptocurrencies suggests that the path of least resistance is to the upside, indicating the market could be in the early stages of a new uptrend. Even after the announcements of massive stimulus by the U.S. Federal Reserve, the ECB, and several other central banks, the equity markets are still struggling […]
Continue ReadingTether has just gone live as a Standard Ledger Protocol token on the Bitcoin Cash network. The world’s biggest stablecoin has launched on the Bitcoin Cash network. Tether (USDT) has seen a surge of interest in recent weeks due to the global flight to safe havens and now has a market cap greater than $5.7 […]
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As equities markets continue to fall, major cryptocurrencies are likely to remain range-bound for the next few days. The unprecedented volatility in the equity markets continues as the traders are trying to assess the economic damage and the remedial measures that have been taken to support the economy. A growing number of developed nations have […]
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Bitcoin and Ether still offer better returns than other risk assets during crypto market uptrends and both remain positively correlated with gold in bull and bear markets. Bitcoin (BTC) price is slowly recovering, reaching $5,500, after last week’s Black Monday style market meltdown which led to Bitcoin price pulling back sharply as traditional markets suffered […]
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Tokyo’s BCH Meetup group moves from the physical into the virtual world to curb the coronavirus spread in Japan. Japan’s crypto community has found a way for those seeking to avoid crowded places to still participate in meetups across the country. According to sources available to Cointelegraph, Bitcoin Cash (BCH) meetup groups in Osaka and […]
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The crypto markets are showing some buying at lower levels, which is a positive sign as it shows that investors are accumulating on dips. The US Federal Reserve is at it again. For the second time this month, the Fed has done an emergency rate cut. On March 3, a 50 basis point cut was […]
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