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.The market may be returning to an uptrend. The Bitcoin demonstrates confident growth, executing a reversal pattern. The aim of the growth may be the area near $12400. Other coins are also trying to rise. The leader here is the Bitcoin SV that has escaped a flat. As a rule, at such moments the...
Read More »Bitcoin Sparks Altcoin Redemption Rally as BCH, BSV, LTC Surge
Bitcoin hits $8,745.24 on Bitstamp, the highest since early November. Altcoins show strong upside, with Bitcoin SV, bitcoin cash, Litecoin and EOS registering double-digit percentage gains. As a collective, crypto markets are trading at two-month highs. Bitcoin’s technical breakout intensified on Tuesday, serving as a primary catalyst for altcoins to extend their rally. The resulting rally pushed the total cryptocurrency market cap north of $233 billion, the highest...
Read More »Bitcoin SV Rallye geht weiter
Bitcoin SV (BSV) bleibt der heißeste Cryptocoin des neuen Jahres. In den letzten 24 Stunden ging es noch einmal um fast 50 Prozent nach oben. Zuerst wurde EOS und darauf sogar Litecoin bezüglich der Marktkapitalisierung überholt.Cryptocoin: Bitcoin SV Rallye geht weiterDer BSV ist zum ersten großen Pokerspiel des Jahres geworden. In einem Gerichtsprozess legte BSV-Erfinder Craig Wright neue Dokumente vor, die ihn als Satoshi Nakamoto ausweisen sollen. Viele sind auf den Zug aufgesprungen und...
Read More »Crypto Investor Declares Alt Season as Litecoin, Ethereum and EOS Come Alive
A popular host and crypto investor has made a bullish statement on altcoins. Ran NeuNer’s tweet was met with heavy criticism. Nevertheless, it is difficult to deny that large market cap coins are showing signs of strength. It’s not a secret that most alternative coins or altcoins are dependent on bitcoin. Wherever BTC goes, almost every other crypto token follows. That’s especially true for large market cap coins such as Ethereum, Litecoin and EOS. A score of one...
Read More »EOS Stabilizes Above $3 As Bulls Look To Push Further: EOS Price Analysis
SummaryEOS witnessed a 7-day price increase of about 11.30%, bringing its price up to $3.10.The cryptocurrency broke above a 6-month old descending price channel this week.Against Bitcoin, EOS managed to break above a 5-month old symmetrical triangle pattern as it heads higher.Key Support & Resistance LevelsEOS/USDSupport: $3.10, $3.00, $2.64.Resistance: $3.20, $3.40, $3.67.EOS/BTC:Support: 0.000373 BTC, 0.000335 BTC, and 0.000316 BTC.Resistance: 0.000405 BTC, 0.000418 BTC, and 0.000432...
Read More »Two Plaintiffs Drop Lawsuit against Tether and Bitfinex
Eric Young and Adam Kurtz suddenly revoked their lawsuit against the Bitfinex exchange and Tether founders. The two previously claimed market manipulation and fraud.The plaintiffs said they are crypto traders who suspect that Bitfinex and Tether fed the market with fake data about their volumes, operations, and deals. However, on January 7 both filed a document saying they demand voluntary dismissal for their claims:“The Court having considered the Notice of Voluntary Dismissal Without...
Read More »Salah Zalatimo Becomes CEO of Block.One’s Decentralized Media Network Voice
On Thursday, January 9, Block.One appointed Salah Zalatimo as the CEO for its decentralized media network Voice. As per the announcement, Zalatimo will join the company and his new role on January 20..@VoiceSocial_ welcomes @Salafel, former @Forbes global Chief Digital Officer as CEO. https://t.co/kjzR2Acnbr— block.one (@block_one_) January 9, 2020Previously, Salah Zalatimo was working as the chief digital officer for Forbes. He joined Forbes four years back in 2015 after the acquisition of...
Read More »TRON Overtakes EOS For Active DApps: Ethereum Still Leading The Category
When it comes to the massive adoption of cryptocurrencies and blockchain-based technology, decentralized applications (DApps) are considered as one of the pathways to it. According to a recent report, 2019 has seen a serious number of new DApps coming out. More interestingly, though, TRON has managed to establish itself as the second most-used platform for developers, overtaking EOS. Yet, Ethereum remains the uncontested leader in the category.TRON Overtakes EOS For Active DAppsA recent...
Read More »Binance Futures Is Launching Litecoin Perpetual Contracts Today
Starting today, the Binance Futures platform is launching another perpetual contract with Litecoin. This time, Litecoin (LTC) is being paired with USDT making it the sixth perpetual contract on the platform.Binance Futures Litecoin ContractAccording to an official announcement from Binance, the LTC/USDT perpetual contract opened trading today at 8:00 AM (UTC). The recent announcement has a few similarities with previous ones. For example, just like the previous offerings, users are allowed to...
Read More »EOS Price Analysis: Trading Near Make-or-Break Levels
EOS price surged above the $2.700 and $2.850 resistance levels against the US Dollar.The price is currently correcting lower from the $2.976 swing high.There is a key contracting triangle forming with support near $2.720 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair is likely to bounce back as long as it is above the $2.600 support area.EOS price is correcting gains from the $3.000 hurdle against the US Dollar, just like bitcoin. However, the bulls are likely to...
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