EOS started a fresh increase above the $3.50 resistance against the US Dollar. The price is now trading above the $3.50 support and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $3.75 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is likely to continue higher if it breaks the $4.00 and $4.02 resistance levels in the near term. EOS price is showing positive signs above $3.50 against the...
Read More »Rebound – Kommt im Herbst die grosse Preis-Rallye?
Der Bitcoin-Preis markiert wieder bei fast 40'000 US-Dollar. Es kann manchmal ziemlich schnell gehen. Noch im Juni war an den Märkten rund um digitale Währungen der Sommerausverkauf angesagt. Sogar viele Bitcoin-Experten haben schlichtweg Trübsal geblasen und einige prognostizierten gar einen Bitcoin-Preis von unter 20’000 Franken. Aber erstens kommt es anders und zweitens als...
Read More »Litecoin (LTC) Price Analysis: More Upsides Likely Above $140
Litecoin price started a fresh increase above the $125 resistance zone against the US Dollar. LTC price is now trading nicely above $132 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $142 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is likely to accelerate higher if there is a clear break above $142 and $145. Litecoin price is attempting a recovery above $132 against the US...
Read More »Visa CFO Believes That Crypto Fever is Starting to Cool off
Vasant Prabhu – Chief Financial Officer of the company – opined that crypto-related transactions using Visa are beginning to dwindle. The top executive informed that their peak was in April and May, followed by a drop starting from June. Cryptocurrency Transactions with Visa Are Calming Down The American multinational financial services corporation – Visa Inc. – recently announced its results for fiscal Q3 2021. According to the report, the company’s last three months were...
Read More »Survey: There Are Still So Few Americans Investing in Bitcoin
Bitcoin and other forms of cryptocurrency are becoming extremely well known. Nobody can deny this, and the names of these assets are going down in the financial history books like no other assets have in recent years considering how far they have come just in the last year alone. However, while it seems everyone in America knows what these currencies are, not that many people are willing to purchase them yet. Bitcoin Is Still Undervalued, According to Survey According to...
Read More »Coinbase Report: ETH Trading Volume Increased More Than Bitcoin’s in First Half of 2021
During the first half of 2021, the ETH volume surged by more than 1,400% totaling $1.4 trillion, while BTC’s increased by 489%, reaching a total of $2.1 trillion. ETH Beats BTC for The First Time Coinbase took data from 20 trading venues and released a report, where it informed that Ether’s trading volume spiked by 1,461% during the first six months of 2021. Its total climbed to $1.4 trillion compared to $92 billion in the first half of 2020. In the meantime, Bitcoin marked...
Read More »Amazon Hints at Bitcoin Acceptance; Currency Shoots Up
Bitcoin has spiked like there’s no tomorrow. After several weeks of dealing with bearish activity, the world’s number one digital currency by market cap has surged all the way to the mid-$38,000 range. The jump appears to have something to do with Amazon, the biggest retailer in the world, and its potential decision to begin its own cryptocurrency and accept bitcoin as a payment method before the year is out. Amazon Suggests It Will Accept BTC Amazon is arguably the...
Read More »Le mécanisme de « justice » du Lightning Network – 2e partie : Les WatchTowers
Deuxième Thread de JohnOnChain consacré aux dispositifs anti-triche du Lightning Network. La première partie est disponible ici. Notre fraudeur n’en démord et va affiner sa stratégie. Il sait que le verrou temporel est limité et fonction de la taille du canal. Ça tombe bien il a un autre canal avec notre victime. Le verrou temporel est de 144 blocs (1 journée). Il suffit donc que le fraudeur s’assure que sa victime ait une panne...
Read More »Ethereum Price Analysis: ETH Faces Critical Resistance, Charts New July Low Against Bitcoin
ETH/USD – Ether Struggles WIth July Resistance @ $2340 Key Support Levels: $2250, $2150 – $2130, $2070.Key Resistance Levels: $2340, $2400, $2530. Ethereum is surging on the back of BTC rising almost 30% this week. The cryptocurrency managed to break the 50-day MA over the weekend and continued higher from hitting resistance at a descending trend line on Monday. Since then, ETH has struggled to break resistance at around $2340, provided by a bearish .236 Fib Retracement...
Read More »Analysis: Bitcoin is Undervalued, 2021 Bull Run Hasn’t Topped Yet
Bitcoin’s recent 55% drop from all-time highs may have done technical damage to the charts, but analysis strongly suggest BTC is still in a bull market. According to on-chain analyst “Gaah Cordeiro”, BTC is still in a bull market as shown by the MVRV Onchain metric. What is MVRV? MVRV stands for Market Value to Realized Value. The metric divides BTC’s Market Value by its Realized Value. This creates a ratio that can show if the cryptocurrency is overvalued or undervalued. A...
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