Ethereum price is attempting a trend reversal but the primary catalyst might be Bitcoin’s price action in the wake of the Sept. 23 Bakkt Futures launch. For the past two weeks, Ether (ETH) price has been a frequent topic of discussion among traders. Investors are beginning to wonder if the altcoin has finished its retrace […]
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Bitcoin price analysts suggest that a descending triangle pattern is forming like the one that broke down from $6K, but is this really the case? Twitter is bearish, abuzz with chatter of a descending triangle that is forming on the Bitcoin (BTC) chart and with comparisons to the descending triangle that broke down in 2018 […]
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Bitcoin is gradually drifting down. Is this a buying opportunity or will it fall further? Let’s analyze the charts. The trade war between the United States and China has stoked fears of a recession. According to a survey by eToro, if a recession occurs, 40% of millennials would prefer to invest in crypto. However, Generation […]
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A return to four figures is no cause for concern, say analysts despite short-term Bitcoin price outlook leaning bearish. Bitcoin (BTC) price traded back below $10,000 on Sept. 11 as five-figure support for the largest cryptocurrency finally crumbled. Market visualization. Source: Coin360 Bitcoin pre-halving “shakeout” theory emerges Data from Coin360 showed BTC/USD suddenly drop from […]
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Researchers claim that pump and dump manipulation involving the Chainlink token occurred in spring-summer 2019. Researchers have published evidence of what they claim is a coordinated pump and dump manipulation involving the Chainlink (LINK) token — the native cryptocurrency of Japanese messaging giant LINE’s service-oriented blockchain. A blog post published on Sept. 11 by AnChain.Ai […]
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Switzerland’s financial watchdog has published stablecoin guidelines as well as an overview of its approach to Facebook’s proposed Libra payments network. Switzerland’s Financial Market Supervisory Authority (FINMA) has published a stablecoin-focused supplement to its existing guidelines for initial coin offerings (ICOs). In a news release published on Sept. 11, FINMA takes note of the steadily […]
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Cryptocurrency exchange OKEx announces that it will soon list enterprise-focused decentralized network Hedera Hashgraph’s native token HBAR. Cryptocurrency exchange OKEx announced that it will soon list enterprise-focused decentralized network Hedera Hashgraph’s native token HBAR. As OKEx’s spokesperson told Cointelegraph, the platform will add HBAR to its spot market with HBAR/BTC, HBAR/USDT and HBAR/USDK on Sept. […]
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The action might shift to altcoins for the next few days. Which altcoins offer a trading opportunity? Let’s analyze the charts. Preparations for the launch of Bitcoin (BTC) futures on Bakkt are on track. While market participants were excited before the launch of CME group’s futures trading at the end of 2017, the current launch […]
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It’s hard to tell if Bitcoin price is bullish or bearish so let’s look at both scenarios to anticipate which way BTC could break this week. Last Friday Bitcoin (BTC) price marched within just a few dollars reach of $11,000 and it seemed that the weekend would be a bullish one. The top digital asset […]
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Adoption is critical for the success of the blockchain and cryptocurrency industries. Here are five examples of developments that could spur adoption from last week. Analysts have long predicted that the increased participation of governments and institutional players in the blockchain and cryptocurrency space shows how the respective industries are maturing. The founder of crypto […]
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