Bitcoin price has risen to new monthly highs. The price made a historic jump in January. It has risen about 10% this week alone and about 30% since December. Recent data points to the Bitcoin price rise to current levels from $7,208 at the end of 2019. Now the coin is trading around $9,395. This coincides with a similar rally in January 2013. Bitcoin prices rose by 54.5% then. A pattern for Bitcoin prices may be emerging. Based on past performances of the digital asset, prices may be set for...
Read More »Top 5 Cryptocurrencies to Follow in 2020
The total number of cryptocurrencies crawling all over the crypto space is now no less than a thousand. And more cryptocurrencies are rising by the minute.A little more than a decade since the first digital currency and we’ve had cryptocurrencies that failed their hyped potential and other ones that surprised us. In this article, we will be listing the top five cryptocurrencies you are better off paying attention to at the start of a new decade.We will touch on the past history, performance,...
Read More »Twitter’s Bitcoin Emoji Excites Crypto Community
Twitter’s Bitcoin emoji has been introduced. This has generated lots of excitement within the crypto space. Twitter’s cryptocurrency community has been on fire as the Bitcoin symbol has been trending. However, it could have been rather expectable. Twitter’s CEO Jack Dorsey has been known to be a Bitcoin fan for many years now. His recent tweet has got a lot of positive feedbacks.#bitcoin cc:@unicode— jack ??? (@jack) February 2, 2020The Bitcoin symbol was approved as a Unicode symbol in 2017....
Read More »Bitcoin Price Analysis: Huge Price Move Coming Up? Yes, According To These Indicators
Before the weekend, we saw Bitcoin trading safely and easily on its way to $10,000. However, on our recent analysis two days ago, we had pointed out on some indicators that might put some bearish pressure on the cryptocurrency.Since then, we saw a correction of almost $300 down to a current daily low of $9130 (Bitstamp rate). On the bigger time-frame, in case this correction doesn’t go lower, it seems very healthy for the short-term since this level is a little above the 38.2% Fibonacci...
Read More »China Coronavirus Fears May Be Inspiring BTC Purchases
China is going crazy when it comes to bitcoin… bitcoin and gold.China BTC Action Is Booming for Sad ReasonsBoth assets make sense considering they are likely considered “safe havens” in that country and abroad. Both are known for retaining one’s wealth, especially in times of economic strife or some other global catastrophe.Right now, the catastrophe that China is facing is the new coronavirus that’s spreading through its provinces. Thus far, more than 200 people have died from the disease,...
Read More »Elon Musk and Tesla Are Seriously Outperforming Bitcoin
Nobody can deny that bitcoin is doing quite well as of late, but in many ways, it still suffers at the hands of traditional stocks, one being that of Tesla owned by South African entrepreneur Elon Musk.Musk Has Power of BTCTesla stock is up by more than 30 percent, and BTC is hurting at the hands of this stock and others like it. Bitcoin was only bullish during the later period of October 2019 during the past six months, and even then, the spikes did not last. All other months were devoted to...
Read More »Bitcoin Is Doing Well, but Will the Bears Soon Take Over?
Bitcoin has been doing quite well as of late. Over the past month, it has entered and stayed within bearish territory, and it’s currently trading for approximately $9,300.Bitcoin May Be Heading Back Down SoonYet, not everyone is convinced that everything is going to stay pleasant and positive. Many are worried that the currency is about to strike an anvil, and the bears are about to take over for good.Analysts are suggesting that bitcoin is above the “upper-band limit of the GTI Vera Band...
Read More »Ethereum Price Analysis: ETH Finally Breaks Above The Critical EMA-200 And Aims For $200
TL;DREthereum had increased by 6% over the past three days to reach the $185 resistance, before stalling.Against Bitcoin, ETH rebounded from the 0.0185 BTC to return to the 100-days EMA.Ethereum is now trading above the 200-days EMA as it sets sights to $200.Key Support & Resistance LevelsETH/USDSupport: $172, $165, $158.Resistance: $185, $194, $200.ETH/BTC:Resistance: 0.02 BTC, 0.0204 BTC, 0.021 BTC.Support: 0.0185 BTC, 0.0182 BTC, 0.0179 BTC.ETH/USD – ETH Breaks 200-days EMASince our...
Read More »100 Days To Go: Excitement Among The Crypto Community For The Coming-Up Bitcoin Halving Event
One of the most awaited events in the cryptocurrency space, the Bitcoin Halving, is estimated to take place about 100 days from today.On this day, the reward that miners get from adding blocks to the network will be slashed in half: from 12.5 BTC per block, as of today and the recent four years, to 6.25 BTC per block. It will also reduce Bitcoin’s pre-set inflation rate from the current 3.68% to about 1.8%.Even though the date of the Bitcoin Halving could range depending on the network’s hash...
Read More »Bitcoin SV Werte möglicherweise manipuliert
Der BSV ist der Überflieger des jungen Jahres. Aktuell steht der Bitcoin SV auf Platz 5 aller Cryptocoins nach Marktkapitaliserung und damit noch vor etablierten Altcoins wie Litecoin, EOS und Tron. Doch der Aufschwung des BSV könnte unter anderem auf manipulierten Werten beruhen.Cryptocoin News: Bitcoin SV Werte möglicherweise manipuliertCoinmetrics will herausgefunden haben, dass viele der BSV-Transaktionen auf sogenanntes Wash Trading zurückzuführen sind. Der durchschnittliche Wert einer...
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