Crypto news

After three days of dull price action inside a $200 range ($6600 – $6800), Bitcoin saw a huge plunge back to the $6000 area, more than 10% were lost in a matter of hours.If you followed us here, we mentioned reasons why Bitcoin was looking more bearish than bullish, and we also stated that once a breakdown takes place, it will hurt.These reasons include the double-top bearish formation, the symmetrical triangle on the 4-hour chart, the declining trading volume, and most importantly, the daily...

Analysen von Swisscom unterstützen im Kampf gegen das Coronavirus Das Bundesamt für Gesundheit (BAG) hat von Swisscom Analysen erbeten, um zu überprüfen, ob die Massnahmen zum Schutz vor Infektionen mit dem Coronavirus eingehalten werden. Die Analysen beinhalten Angaben zur Mobilität und zu Menschenansammlungen im öffentlichen Raum. Die Auswertungen zeigen auf, dass die Schweizer Bevölkerung die Reiseaktivitäten deutlich reduziert hat. Das...

People who own cryptocurrency probably want to make sure there’s someone to receive it if they’re no longer around. The coronavirus has everyone scared about what will happen; are their lives at stake? Will they survive? Crypto startups like Casa and Unchained Capital are now helping enthusiasts ensure their loved ones receive their crypto stashes in the events of their demise.Casa and Unchained Capital See Surge in ActivityIt’s a morbid thought, but companies like Casa and Unchained Capital...

Big bitcoin price predictions keep entering our midst, with the latest one coming from Dan Morehead, the CEO of Pantera Capital.Morehead: BTC Will Surge Past $20,000While Morehead doesn’t push bitcoin into the six-figure range like Tim Draper or Ross Ulbricht have done in recent months, he’s confident BTC is set to accomplish big goals. He believes that by early 2021, the price of bitcoin will have surged past the $20,000 mark.Bitcoin almost reached this peak in December 2017. Just shy of the...

Dow Jones started the day with losing 1,058 points, or 4.7%. The S&P 500 was down 4% and the Nasdaq was 3.87% lower. Alphabet (GOOGL) stock is in the red as well.Friday’s trading started with Wall Street in red, with tech stocks going south. For instance, Alphabet Inc (NASDAQ: GOOGL) stock started the trading session at $1,127.47. At the moment of writing, Alphabet stock makes up $1,120.00 per share. It means that now GOOGL stock is falling nearly 4% if compared with the previous...

Currently, the United States has more confirmed cases than Italy and China but President Trump wants to open up the country in order to see business operations returning to normalcy.The massive and rapid spread of the coronavirus pandemic has resulted in economic downturns throughout the world. Currently, the United States has more confirmed cases than Italy and China. Thus, it is now the country with the biggest outbreak in the entire world and it’s clear that President Trump has what to say...

Changpeng Zhao – the CEO of Binance, arguably the largest and most popular cryptocurrency trading platform in the world – has joined the ranks of Ross Ulbricht, Charles Hoskinson and Tim Draper to claim that bitcoin will soon break the six-figure mark.Changpeng Zhao Thinks BTC Will Go All the WayMany analysts seem to have predicted that bitcoin, the world’s number one cryptocurrency by market cap, will reach $100,000 or more. Both Ross Ulbricht – the runner and founder of dark web marketplace...

BitcoinBitcoin price increased by a total of around 10% this week as it blew past the $6,000 level to reach the resistance at $6,800. It did manage to spike as high as $7,000 but has failed to break above $6,800 for the past 4-days of trading and recently rolled over to reach $6,640.From above, the first level of resistance to break lies at $6,800. Above this, resistance lies at $7,000, $7,200 (bearish .5 Fib Retracement), $7,500, $7,700, and $8,000 (bearish .618 Fib Retracement &...

Bitcoin’s network went through one of its biggest difficulty adjustments just recently. While this had a quick and expected impact on the network, everything is back on track with blocks being produced on schedule.However, interesting performance data reveals that the price tends to increase following extreme difficulty adjustments, such as the one that was witnessed on March 26th. According to some analysts, this might be quite favorable for Bitcoin’s price in the medium term.Bitcoin Price...

Ethereum saw a small 0.5% price increase today as it continues to battle the $140 resistance level.The cryptocurrency has been bouncing in a very tight range between $135 and $140 for the past 4-days.Ethereum dropped beneath the crucial 0.021 BTC support this week to drop as low as 0.0201 BTC.Key Support & Resistance LevelsETH/USD:Support: $135, $120, $110.Resistance: $140, $150, $165.ETH/BTC:Support: 0.0201 BTC, 0.02 BTC, 0.0196 BTC.Resistance: 0.021 BTC, 0.0215 BTC, 0.022 BTC.ETH/USD:...