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Bitcoin Price Analysis: The Storm Is Here – Bitcoin Just Surged $550 In 90 Minutes To Over $7K, What’s Next?

That was a crazy day for the price of Bitcoin. Some would say it’s an ordinary day, but as we wrote here in yesterday’s price analysis, after sideways action in a tight range, the primary cryptocurrency had exploded. After trading for the last few days between $6800 – $7000, it first started with a deep below the critical $6600 support, whereas the daily low was around $6472 (Bitstamp), which is the next-mentioned support level we had stated here yesterday. But it was only a quick glitch...

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EOS Price Analysis: Testing Significant Breakdown Support

EOS price is back in a negative zone below the $2.500 support against the US Dollar.There is a cluster of supports on the downside near the $2.300 level.There is a major declining channel forming with resistance near $2.500 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).A clear break below the $2.300 support zone could spark more downsides in the near term.EOS price is slowly moving back into a downtrend against the US Dollar, similar to bitcoin. However, if the price...

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Litecoin (LTC) Price Analysis: Can Bulls Defend This Key Support?

Litecoin price is down more than 10% from the $45.00 resistance against the US Dollar.LTC price broke the key $40.00 support level to move into a bearish zone.There is a major bearish trend line forming with resistance near $41.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair must stay above the $38.00 or $37.00 support to start a fresh upward move.Litecoin price is showing a few bearish signs below $42.00 against the US Dollar, similar to bitcoin. LTC price...

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#862 Bitcoin nur eine Chance auf Erfolg, China Blockchain-Netzwerk & Craig Wright Satoshi Nakamoto

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 862. Heute sprechen wir über folgende Themen: Bitcoin hat nur die eine Chance auf Erfolg, China startet Blockchain-Netzwerk & Craig Wright muss bis 17. April Zugang zu 1.1 Millionen Coins beweisen. [embedded content] 1.) Bitcoin hat laut BTC-Gegner und Milliardär Mark Cuban nur die eine Chance auf Erfolghttps://cryptomonday.de/bitcoin-hat-laut-btc-gegner-und-milliardaer-mark-cuban-nur-die-eine-chance-auf-erfolg/ 2.) China...

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14 Millionen für Schweizer Bitcoin-Dienstleister

Die Crypto Finance AG hat erfolgreich ihre Series B-Finanzierungsrunde über CHF 14 Millionen abgeschlossen. Die Crypto Finance AG hat erfolgreich ihre Series B-Finanzierungsrunde über CHF 14 Millionen abgeschlossen. Die Finanzierung wurde vom Schweizer Investor Rainer-Marc Frey und der in Asien ansässigen Lingfeng Capital angeführt. Zusätzlich beteiligten sich mehrere bestehende sowie neue Investoren. Weiter wird Dr. Ming Shu, Partner bei...

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John McAfee Announces GHOST: A New Privacy Coin

John McAfee recently announced on an up-coming launch of a new privacy coin called GHOST, unveiling the project’s new Twitter account and accompanying website.McAfee states that the whitepaper and more details will be posted in one month on May 15th.The GHOST website reveals that the proof of stake privacy coin will help protect user’s privacy by making users “nothing but a ‘ghost’ when transacting online.”According to the official website, GHOST transactions will utilize a state-of-the-art...

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Coin Gecko Says the De Fi Arena Is Expanding Quickly

The decentralized finance (De Fi) arena is growing rapidly despite the recent falls of cryptocurrencies.De Fi: The Future of Money?As digital currency assets are dropping in price thanks to the coronavirus pandemic, the industry of decentralized finance is experiencing positive results. The arena centers on users providing and receiving digital currency payments to garner goods and services without the necessity of third parties or regulatory steps.Bobby Ong – the co-founder of Coin Gecko, a...

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BTC Options Traders: The Bitcoin Halving May Result in Falling Prices

The argument surrounding next month’s highly anticipated bitcoin halving is revving up.The Bitcoin Halving: Could Be Bad, Could Be GoodThe bitcoin halving is slated to bring the number of block rewards garnered by bitcoin miners down by half. The event is designed to control inflation and ensure bitcoin maintains a level of rarity that keeps it popular and useful in today’s growing financial markets.While bitcoin has halved before, this event seems to be garnering more attention than past...

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Delphi Digital: Bitcoin Is Still 2020’s Top Asset

Bitcoin has started the day out well. After falling beneath the $7,000-mark last week, the world’s number one cryptocurrency by market cap has managed to add a further $200 to its overall price. While the currency is still below $7,000, it’s about to break this line once again.Bitcoin Is Heading for the StarsAt the time of writing, BTC is trading for $6,979. Another $20 or so and we’ll be in a whole new range for the third time over the past month. The currency has suffered greatly at the...

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Analysis: Smart Contract Transaction Fees 9 Times Greater Than Those For Regular ETH Transactions in March

An interesting analysis of the performance of the Ethereum network reveals some changes as to what fees are being paid. Feed pays to miners exceeded the uncle reward paid to miners in March.Fees Paid By Users Greater Than The Cost Paid By The NetworkAnkit Chiplunkar, the head of research at the popular data monitoring resource Token Analyst, has brought up some interesting findings regarding the performance of the Ethereum network.The fees paid to miners, amounting to about 26,100 ETH,...

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