Bitcoin dipped to a low of $5,600 on BitMEX for a matter of minutes, while most cryptocurrencies note double-digit losses. The whole market is plummeting, as it recorded a loss of over $50 billion in only a few hours.Bitcoin Goes Below $6,000It’s safe to say that the largest cryptocurrency has seen better days. Bitcoin’s price just noted a severe plunge. Earlier today, BTC was knocking on the door of $8,000, but in a few violent red candles, it tumbled to $5,600 on the popular margin trading...
Read More »Bitcoin Just Broke Down The Critical Support Line From 2015: What’s Next? BTC Daily Price Analysis
When Satoshi Nakamoto sat down to write the whitepaper of Bitcoin, he (or she) prepared precisely for today’s coronavirus situation.The idea of Bitcoin was born after the latest devastating real-estate financial of 2008. All experts were eyeing this day. However, over the past weeks, Bitcoin is attaching its value to the global markets. This, instead of branding itself as a real safe-haven asset.Yesterday, following President Trump announcement, including halting the flights to Europe for a...
Read More »ATROMG8 Creates Milestone by Getting Bibox Listing
The ATROM tokens used on the ATROMG8 platform have been finally listed on Bibox. Now they can be accessed easily anytime without any hassles.ATROMG8 is a service designed for society and delivered through advanced technologies on a global scale. After extensive market research, it came into existence to meet all the unique requirements of the users worldwide. The aim here is to create a safe and secure environment not just for the individual users, but also for their families as well as the...
Read More »EOS Price Analysis: Turned Sell on Rallies Near $3.00 and $3.20
EOS price is facing an increase in selling pressure below $3.000 against the US Dollar.The price is testing the $2.850 support and it could extend its decline.There is a key declining channel forming with resistance near $3.080 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).An upside correction may perhaps face sellers near the $3.000 and $3.200 resistance levels.EOS price is back in a bearish zone below $3.200 against the US Dollar, similar to bitcoin. It seems like the...
Read More »Litecoin (LTC) Price Analysis: Test of Key $40 Is Likely In Near Term
Litecoin price is declining and it recently broke the $52.50 support area against the US Dollar.LTC price is trading near $45.00 and it remains at a risk of more losses.There is a key bearish trend line forming with resistance near $54.60 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could extend its decline towards the main $40.00 support level in the near term.Litecoin price is trading in a bearish zone below $50.00 against the US Dollar, similar to bitcoin....
Read More »Bitcoin Analysts to Wall Street Players: Chill Out!
Recently, Live Bitcoin News reported that while crypto wasn’t doing so well as of late, stocks, bonds and oil had also taken turns for the worse.Bitcoin Analysts Tell Wall Street to Calm DownWe’ve reached something of a conundrum in that crypto enthusiasts have dealt with hardcore volatility and price swings in the past and are less likely to “freak out” when something big happens. Wall Street, however, still shows signs of concern whenever the markets don’t do well.Today, bitcoin and crypto...
Read More »New Coronacoin Grows Depending on Number of Coronavirus Cases
Raise your hand if this is the most twisted thing you’ve heard in a while. A new cryptocurrency known as the Coronacoin has been developed that goes up in price granted more people fall victim to the deadly coronavirus that has spread to several different countries in just the last few months alone.Coronacoin: Profiting Off of Death?The fear and danger surrounding the coronavirus has grown to epic proportions. At the time of writing, nearly 3,000 people have died from the disease while more...
Read More »Facebook’s Libra Rival Celo Launches 50-Member Alliance for Prosperity
Celo has announced an Alliance for Prosperity with 50 members as it moves forward with its payment plan in competition with Facebook’s Libra.Since Facebook Inc (NASDAQ: FB) announced the Libra project, its future has been very shaky. There has been so much backlash from the public and also from the government that many people concluded that it might never see the light of day. However, as Libra is fighting to stay alive, the Celo project is competing quite favorably and has taken a page out...
Read More »Crypto Price Analysis March 11: BTC, ETH, LTC, XRP, BCH
A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, Litecoin, XRP and Bitcoin Cash price movement.Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, provides his vision of the possible tendencies in price changes for Bitcoin as well as for other major cryptos.Bears continue pushing prices of assets to the downside as they broke the closest support levels again. In the daily chart of Bitcoin, a good level to rebound upwards...
Read More »Blockchain.com Says ‘Never Sell’ to Bitcoin Holders with New Borrow Option
Blockchain.com offers retail investors a new Borrow option that will let them ‘borrow like the big guys’, pledging their Bitcoin, Bitcoin Cash, Stellar or Ether.Blockchain.com once was responsible for 70% of all the BTC wallets. Today, users can borrow USD (in stablecoin) and keep the precious Bitcoin for themselves. If they will pay the credited funds back after some time, of course.Per the official announcement made on Tuesday, Blockchain.com (former Blockchain.info) offers a new borrow...
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