Bitcoin (BTC) is having a field day as it seems to be enjoying the outbreak of the deadly coronavirus. As fear and uncertainty because of the virus continue to spread, the adverse effects are being felt by several businesses. The world’s financial markets also suffered a crash and even oil stocks are continuously crashing. However, the Bitcoin network is experiencing the direct opposite.Bitcoin and the CoronavirusThe relationship between Bitcoin and the coronavirus is a very interesting one....
Read More »Altcoin HODLers: 50% Of Crypto Traders Hold Mainly Altcoins Over Bitcoin, Survey Finds
The recent price increases in various altcoins have made their mark on the community. According to two recent surveys, traders have allocated serious portions of their portfolio in cryptocurrencies other than Bitcoin.Majority Believes In AltcoinsA popular cryptocurrency analyst conducted a Twitter poll where he asked the community members how much they are involved in altcoins.How exposed are you to ALTs right now?— Loma (@LomahCrypto) February 4, 2020More than 8,000 people voted in the poll,...
Read More »XRP Price Is Stable as BitMEX Launches XRPUSD Perpetual Swap
BitMEX is the largest exchange offering cryptocurrency derivatives, according to some outlets. Users will get one more trading opportunity on 5 February 2020, 04:00 OTC. The XRP swaps will be available, with the coins traded against USD with up to 50x leverage. It is said in the BitMEX announcement from 4 February 2020. Per the announce:“Symbol: XRPUSDExpiry Date: PerpetualBitcoin Multiplier: 0.0002 XBT (20,000 Satoshis)XBT Contract Value: XRPUSD Price * Bitcoin Multiplier (20,000...
Read More »Bitcoin SV Completes Genesis Hard Fork: Removes Default Hard Cap For Block Sizes
Bitcoin Satoshi’s Vision (BSV) is one of the most well-known and controversial projects in the cryptocurrency space. The self-proclaimed Satoshi Nakamoto, Craig Wright, is one of its biggest proponents. The network has now completed the planned Genesis hard fork. It’s intended to bring BSV’s blockchain closer to the original Bitcoin protocol, which was released back in 2009.Bitcoin SV Genesis Hard Fork Goes LiveThe Genesis upgrade on BSV’s blockchain took place at block 620,538, making it the...
Read More »Ethereum Price Analysis: ETH Facing Good Old November 2019 Resistance Level, $200 or $170 Next?
Ethereum dropped by as little as1.6% today as the cryptocurrency retraces from the $193.50 resistance level.Against Bitcoin, ETH broke the 100-days EMA to climb above the significant 0.02 BTC price level.Ethereum is still up by an impressive 40% over the course of the last 30 days.Key Support & Resistance LevelsETH/USDSupport: $173, $169.54, $162.50.Resistance: $193.50, $200, $212.ETH/BTC:Support: 0.02 BTC, 0.0194 BTC, 0.0185 BTC.Resistance: 0.0204 BTC, 0.021 BTC, 0.0218 BTC .ETH/USD –...
Read More »Tesla (TSLA) Stock Hits $780 Rising More Than 80% Since the Start of the Year
Short-sellers are burning their hands on Tesla as the electric car maker released its strong Q4 2019 numbers last week. In less than a week, the Tesla stock has added over $200 to its price making it the first American automobile company to hit $100-billion valuations.On Monday, February 3rd, the Tesla stock surged 20% to $780 levels taking the company’s valuations at $140 billion. Indeed, with this move, Tesla has taken Wall Street and global investors by surprise. Monday’s stock price gain...
Read More »BitMEX CEO Calls Ripple Dogshit And Adds XRP Perpetual Swap Contracts To BitMEX Tomorrow
The largest cryptocurrency derivatives exchange, BitMEX, is launching a new perpetual swap contract pair to its platform. Starting tomorrow, users will be able to trade Ripple (XRP) token against the USD, with leverage.XRP/USD Perpetual Swap Now On BitMEXThe most popular Bitcoin margin trading exchange confirmed the news regarding XRP’s addition. The company will be adding a new perpetual swap on the XRP token (XRP/USD). Trading will begin at 4 AM UTC on February 5th, 2020.A perpetual swap...
Read More »Bitcoin Price Analysis: The Calm Before The Storm? BTC Continues To Trade Inside a Very Tight Range
On our recent price analysis from two days ago, we had anticipated a huge price move that was supposed to be coming soon.As can be seen, shortly after our analysis, there was the opening of the Chinese stock market after the long Lunar vacation. At the same time, Bitcoin spiked $400 to a new 2020 high over $9600 but quickly retraced.Since then, Bitcoin is slowly forming a bull-flag on the 4-hour chart. The coin is trading inside a descending channel (or flag). Keep in mind, that kind of flag...
Read More »Tron (TRX) Price Analysis: Bulls In Control Above $0.0180
Tron price followed a decent bullish path and climbed above the $0.0180 resistance against the US Dollar.TRX price tested the $0.0200 resistance area and it is currently correcting lower.There is a key bullish trend line forming with support near $0.0189 on the 4-hours chart (data feed via Bitfinex).The bulls are likely to remain in action as long as the price is above the $0.0180 support.TRON price is following a strong uptrend against the US Dollar, similar to bitcoin. TRX price remains...
Read More »TravelbyBit Unveiled as Official Travel Partner for IstanBlock 2020
Place/Date: Turkey - February 4th, 2020 at 8:15 am UTC · 3 min read Contact: TravelbyBit, Source: IstanBlock 2020 Crypto travel provider TravelbyBit has been announced as the official travel partner for IstanBlock 2020, which will be held on April 9-10, in Istanbul.TravelByBit is an Australian-based business backed by the world’s largest cryptocurrency exchange Binance. Users can book and pay for holidays and trips using crypto while receiving discounts and earning crypto incentives for...
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