The cryptocurrency market is all red, with huge candles hitting Bitcoin price charts. Other assets are falling amid the expectations of unlimited growth too.The total market capitalization shows a massive drop to $278 billion. Ethereum and XRP have lost two percent more in price than Bitcoin did. It’s a pity that, till these days, we have the trouble of oversized expectations of traders. Every time Bitcoin breaks through some psychological level, people start weird $100,000 predictions. But...
Read More »EOS Price Analysis: Decline To Extend Below $3.80
EOS price failed to stay above $5.000 and declined heavily below $4.400 against the US Dollar.The price even dipped below the $4.000 support area and tested the $3.650 level.There was a break below an ascending channel or a bearish flag with support near $4.400 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could struggle to recover above $4.200 and $4.400 in the near term.EOS price is showing signs of more weakness below $4.000 against the US Dollar, similar to...
Read More »Litecoin (LTC) Price Analysis: Vulnerable To A Drop Below $75
Litecoin price started a sharp decline from the $80.00 resistance area against the US Dollar.LTC price broke the $75.00 support area to move into a short term bearish zone.There is a key bearish trend line forming with resistance near $75.80 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could accelerate its losses if it breaks the $67.50 and $65.00 support levels.Litecoin price is showing bearish signs against the US Dollar, similar to bitcoin. LTC price could...
Read More »Future Samsung Phones to Come Equipped with Digital Wallets
Samsung, the South Korean conglomerate and maker of smartphones, is becoming one of the biggest cryptocurrency and bitcoin supporters throughout the globe.Samsung Is Doing a Big Thing for CryptoThe company – which at press time, accounts for nearly 20 percent of the world’s total smartphone sales – has begun releasing its new 5G smartphones which provide blockchain and bitcoin support for users. Each phone comes equipped with a digital wallet that owners can utilize should they ever decide to...
Read More »Visa Adds Coinbase Cryptocurrency Exchange as Principal Member
Visa payment processor adds Coinbase, one of the leading cryptocurrency exchanges, to its large list of friends. Can it be viewed as a good sign for law-abiding cryptocurrency business?This is a huge accomplishment for the cryptocurrency industry and a boost towards adoption. Per the official announcement by Coinbase, they have received a membership status from Visa. This is a step towards wider recognition of crypto businesses as the clean ones. At the same time, Coinbase customers will have...
Read More »What’s Going On with Litecoin?
Litecoin price is actively increasing these days and, according to experts, this tendency is going to continue.Cryptocurrencies have been a thought-provoking topic for quite some time now. After Bitcoin and its massive success, other cryptocurrencies came into existence and tried to reach the same level of popularity.One of those cryptocurrencies is Litecoin which was created by an ex-Google employee. For those who are only getting started with Litecoin now, the creator’s idea was based on...
Read More »US Federal Reserve Governor Says They Are Speeding Up Cryptocurrency Regulations
Today, a news report from Reuters has mentioned, once again, that the blockchain industry continues to develop at an unprecedented speed, and that regulators need to get themselves caught up to speed, or risk behind left behind in the dust.In fact, the report suggests that many of the world’s Central Banks are becoming increasingly worried that the ongoing development of cryptocurrencies and digital assets is threatening the very balance of the current global financial system.Their belief is...
Read More »Ethereum Price Is to Reach $8,000 in Next Few Years, Believes Crypto Trader Josh Rager
A respected crypto trader and co-founder of Blockroots Josh Rager has made an interesting prediction. He believes that the Ethereum price may reach new highs in the next few years.Ethereum price is set to hit the $8,000 level in the next few years. These are sentiments of a respected crypto trader and co-founder at Blockroots Josh Rager. In his tweet, Rager triggered a heated conversation between ETH supporters and those criticizing it. Crazy that $ETH is going to hit $8,000 in the next few...
Read More »Tezos Price Gains 1000% in 2019 without PoW, ICO or Fraud
Tezos price is too volatile compared to Bitcoin, Monero, Ethereum and other explosive materials. However, Tezos really deserves your attention as it has gained 1000% in just one year.How long will the Tezos price be hiking up the mountains? Does it ever rest? During the last year, the price of Tezos received a significant boost: more than 1000% in yearly growth, paving the way to the staking era in cryptocurrency saga. PoS currencies have gained their territory on the Cryptoland, making the...
Read More »Crypto Price Analysis February 19: 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.The buyers of cryptocurrency have yet failed to secure above the local resistance levels. There is a risk of a descending correction if the bulls do not move the...
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