Bitcoin (BTC)

Etheruem is attempting to rebound from support at $220 as the previous price decline stalls.The cryptocurrency is supported by the .5 Fib Retracement at $220.Against Bitcoin, Ethereum bounced higher after reaching the 0.025 BTC support.Key Support & Resistance LevelsETH/USD:Support: $220, $210, $205.Resistance: $225, $240, $250.ETH/BTC:Support: 0.0256 BTC, 0.025 BTC, 0.0242 BTC.Resistance: 0.027 BTC, 0.0278 BTC, 0.0288 BTC.ETH/USD: Bulls Continue Battle To Defend $220.Since our last...

Blockchain and cryptocurrencies expanded their presence and usage in 2019, says JP Morgan. The giant American multinational investment bank filed a comprehensive report regarding the performance of the technology and digital assets in 2019.Bitcoin AdoptionTwo years after the bank’s CEO, Jamie Dimon regretted calling Bitcoin a “fraud,” JPM issued a 74-page document that involves the largest cryptocurrency. Among the discussed topics, the report outlines Bitcoin’s developments in terms of...

Die Krypto-Börse KuCoin, die von IDG unterstützt wird, startete am 25.02.2020 ihr neues Angebot KuCloud. Die neue Plattform vereint die Funktionalitäten und Handelsmöglichkeiten bereits vorhandener Coins und Plattformlösungen von KuCoin, einschließlich dem Handel mit Futures und Bitcoin. Bei KuCloud kann aber nicht nur Kryptowährungen und andere Finanzderivate schneller und direkter gehandelt werden,...

Decentralization Philosophy Part 1 – From Buddha to the Conquistadors The best Sundays are for long reads and deep conversations. Earlier this week, the Let’s Talk Bitcoin! Show gathered to discuss decentralization in blockchain projects, the historical context of decentralized organizations, the robustness it conveys but also the difficulties it engenders. On today’s...

Another bitcoin exchange-traded fund (ETF) proposal is in the garbage. This time, the application came by way of two companies known as Wilshire Phoenix and NYSE Arca Inc., both of which wanted to “mix bitcoin and short-term treasuries.”Arca Is Pushed AsideThe proposal from both ventures was immediately dashed by the Securities and Exchange Commission (SEC), thereby removing another opportunity for crypto enthusiasts to trade professionally. A regulator commented in a statement:The Commission...

Bitcoin has dropped below the $9,000 mark recently, and things are slow in returning to their original bullish form. While the world’s number one cryptocurrency appears to be on a steady rise (BTC is currently trading at a little over $8,900, a jump from the $8,700 it was experiencing yesterday), the currency is nowhere near the $10,400 it was at roughly two weeks ago.Bitcoin Is In Unfair ShapeThe good news is one source is claiming that bitcoin, despite the recent drop in price, will not...

According to Ripple CTO, the new exciting features are coming from the Ripple developers. They will allow third-party tokens to work on top of the system. Also, XRP Ledger will soon have the ability to eliminate accounts of possible network spammers.Ripple’s XRP price falls together with other markets. But David Schwartz doesn’t care as the Ripple Ledger, XRP and the longtime holders will soon receive a significant boost. A company presents a new type of transactions for externally created...

The rapidly spreading coronavirus appears to have pulled down the global traditional investment markets with Bitcoin joining the fall, giving up its hypothetical store of value status. The current BTC price is around $8,600.Everything in every market is currently red. As the coronavirus epidemic continues to spread, the stock markets keep crumbling with bitcoin right behind them in a downward spiral. The S&P 500 and the Dow seemed to enter a correction on February 27, representing a 10%...

Ethereum creator Vitalik Buterin shared his thoughts regarding Bitcoin price mocements. He claims the Stock to Flow model doesn’t work for Bitcoin or any other crypto asset.Vitalik Buterin says that you shouldn’t make financial decisions solely after reading the news. The classic Stock to Flow (S2F) model is not working with Bitcoin. Major news announcements, as well as world disasters such as coronavirus, do not affect the crypto market. Buterin says that there are 95% of the articles on the...

Bitcoin dropped by a total of 11% over the past week as the cryptocurrency broke beneath previous support at $9,550 and plummetted beneath support at $9,000. It continued to decline until reaching the current support at the 200-days EMA, which is bolstered by the .5 Fib Retracement at around $8,600. The momentum is certainly on the bearish side, and we should continue to expect further declines this week within the market. Once the rising trend line is broken, support is found at the downside...