Bitcoin (BTC)

SummaryTRON saw a 6% price increase over the past 24 hours. The cryptocurrency is close to entering the top 10 projects by market cap, as it’s currently occupying the 11th spot. The cryptocurrency is looking promising against BTC as it attempts to break October highs.TRX is poised for a leg up as the technical indicators suggest bearish pressure is fading.Key Support & Resistance LevelsTRX/USDSupport: $0.0136, $0.0125, $0.0118,.Resistance: $0.01580, $0.018, $0.020.TRX/BTC:Support: 200...

GoCrypto (GoC), the native token of Eligma, has listed on Bitcoin.com Exchange, following GoC’s migration to the Simple Ledger Protocol. The token issuance framework, which operates on the Bitcoin Cash blockchain, has been embraced by Bitcoin.com Exchange, which is on a mission to embrace all things BCH.The GoC token is issued by payment processor Eligma, which completed a €4m seed funding round in August, led by Bitcoin.com. The Slovenian startup also secured funding from Pangea Blockchain...

Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, shares his insights into the future scenarios for Bitcoin price movement as well as possible price swings of major altcoins.Regardless of the new loss of the bulls, the Bitcoin is testing an important support level and there is a reversal pattern forming on the smaller timeframes, which may signify the beginning of an uptrend.The daily chart of the Ethereum demonstrates uninterrupted falling to the aim at $100 – here,...

Over the past two days, the volatility surrounding the price of Bitcoin had calmed down a bit.Despite a little glitch to the downside, Bitcoin (BTC) is trading between $7000 and $7400 over the past 48 hours.The good news could be the formation of an inverse head and shoulders pattern, that if played out, can grant Bitcoin a decent short-term target around $8300.The pattern can be clearly seen on the following 4-hour chart, and it will play out in the case of a breakout of the $7400 neckline...

Bitcoin is likely to end 2019 on a bearish tone. Analysts share their year-end predictions and it appears that there will be no Christmas rally. With bitcoin flirting with $6,800 support, we might see a painful leg down soon. Bitcoin bulls might be sitting out the last month of 2019. While December has been kind to the top cryptocurrency since 2014, it appears that this year will be different. Analysts don’t see bitcoin bulls staging a coup in the next month or so. It appears that bitcoin...

Various factors are known to limit the public adoption of cryptocurrency especially Bitcoin. For now, one cannot spend Bitcoin the same way they would spend fiat currencies. Sometimes converting crypto into fiat can be quite a challenge. Custodianship of crypto assets and wallet security are the other concerns for the average investors.Also, wallet and key security together with the undeveloped crypto ecosystem and economic precedent discourage institutional investors from joining the nascent...

On Wednesday most cryptocurrencies were trading in red again including Bitcoin (BTC) that, in the last 24 hours couldn’t turn its trace. Bitcoin closed on Tuesday the day at the $7,198 price mark, at which point the world’s largest crypto coin found an intra-day high on Wednesday of $7,227, before moving down again towards its current trading price near $6,945 still falling by 3.51 at 11:53 am CET. Among the possible influencing factors we should mention the recent Upbit hacker attack.BTC is...

Earlier today, news of a possible hack on one of South Korea’s biggest cryptocurrency exchange platforms Upbit made the rounds. Reports had it that the exchange’s customers were confused because they noticed quite a few irregularities with their accounts including the inability to transfer funds. In a recent publication, Upbit has now confirmed that a large and unauthorized amount of funds was moved to an unknown wallet.It’s also worth mentioning that this news has negatively influenced the...

In what has been seen as a big win for the crypto space the South Korean National Assembly’s National Policy Committee has passed a bill that will create a framework that formally classifies crypto tokens and other virtual currencies as digital assets. Sources indicate that this move came on Tuesday as one of the crypto space’s most friendly countries now wants to create a foundation for the operations of cryptocurrency businesses.The bill also sets rules for cryptocurrency-related businesses...

ADA price is struggling to find strength above the $0.0370 resistance against the US Dollar.The price is likely to accelerate once it breaks the $0.0370 and $0.0385 resistances.There was a break below a major bearish trend line with resistance near $0.0362 on the 4-hours chart (data feed via Kraken).The price could resume its decline if it struggles to clear the $0.0370 resistance area.Cardano price is facing an uphill task against the US Dollar and bitcoin. ADA price must clear $0.0385 to...