Markets

China has always been in the spotlight when it comes to cryptocurrencies, despite the country’s controversial legislation on the matter.Last year, President Xi Jinping urged for further investments in blockchain-based technology, causing Bitcoin to mark an increase upwards of 40% in less than 24 hours. Now, however, regulations seem to be tightening up, and this will cause some changes in the cryptocurrency landscape, according to Changpeng Zhao, CEO at Binance.Cryptocurrency Operators To...

According to Ross Ulbricht, best-known for creating and operating the darknet market website Silk Road, Bitcoin’s price is headed downward. Using the Elliot Wave Theory for his analysis, Ulbricht believes that there might be more pain ahead, taking the price significantly lower.More Pain For BitcoinIn a detailed blog post, Ross Ulbricht, the founder of the infamous Silk Road dark market, pointed out that Bitcoin’s price may be headed lower.According to the popular Elliot Wave Theory, the...

Coinbase zählt zu den saubersten Bitcoin-Börsen. Es gibt aber noch andere Exchanges, die ebenfalls in Sachen Geldwäscherei Prävention sowie Sicherheit punkten. Beim sogenannten Krypto-Staking werden Kryptowährungen im Wallet gesichert, um von Rewards zu profitieren und ein sicheres und kontinuierliches Einkommen zu erzielen. Zu den beliebtesten Staking-Währungen zählt derzeit...

On our most recent BTC price analysis, following Friday’s plunge to the $6800 area, we mentioned that Bitcoin reached a decision point.Both the price encountered a substantial support area, together with the daily RSI indicator, which reached precisely the 50 level, which is said to be the distinction between a bear and a bull market, or in other words – a neutral market.Since Friday, Bitcoin was trading inside the tight range of $6800 – $6950 (despite a small glitch to $6750). It’s not a...

XRP saw a small 1% price increase today as the cryptocurrency rebounded from $0.182 to reach $0.19.It had previously dropped from resistance at $0.2 but found support at a rising trend line.Against Bitcoin, XRP broke above the 100-days EMA at 2750 SAT.Key Support & Resistance LevelsXRP/USD:Support: $0.182, $0.171, $0.16.Resistance:  $0.2, $0.215, $0.22.XRP/BTC:Support: 2750 SAT, 2710 SAT, 2680 SAT.Resistance: 2800 SAT, 2850 SAT, 2900 SAT.XRP/USD: Ripple Rebounds From Rising Trend LineXRP...

We spoke with Mike Alfred, Co-Founder and CEO of Digital Assets Data, about weekly happenings on the market and the correlation between Bitcoin and gold.With the Dow and S&P 500 rallying two days in a row this week off the back of positive headlines that indicate the slowing spread of the coronavirus, investors seem to be more enthusiastic than before. Even United States President Donald Trump claimed that, over the previous four days, the stock markets increased the most in “more than 50...

Analysts are claiming March was a pivotal time for bitcoin and most other cryptocurrencies in terms of volatility.Volatility Was At Its Highest Since 2013During this month, bitcoin reached a six-year high for price swings. That means everything bitcoin and the crypto space encountered in 2018 – arguably a harsh time for most digital assets – is small beans compared to what we’ve witnessed over the past four weeks.According to firms like Block Force Capital, bitcoin volatility swelled by 167...

Bitcoin’s price went on a rollercoaster during the past week. After surging to its three weeks high at slightly above $7,400, the cryptocurrency saw a sharp decline upwards of 5% over the past 24 hours. This got it to where it currently trades at around $6,880.During the last week, altcoins managed to hold their grounds as Bitcoin’s dominance decreased by about 1%. It’s also worth noting that two of the top 10 cryptocurrencies, Bitcoin Cash and Bitcoin SV, saw their halvings take place on...

Bitcoin price suddenly dips below $7,000 level on April 10, dragging with it the total crypto market cap below $200 billion. ETH and XRP followed the same volatility, as panic gripped the crypto community.Bitcoin (BTC) price suddenly dropped below $7K on Friday, April 10, shedding over $400 in a few minutes. The sudden price fall has seen the crypto market cap fall below $200 billion, according to CoinMarketCap. Besides, the fall was similar to that observed in XRP and ETH.Bitcoin price is...

[PRESS RELEASE – Please Read Full Disclaimer Below]April 10th, 2020 – LKS Foundation announces LKSCoin (LKS) is a new cryptocurrency created specifically for those who create content and publish it online.Thanks to LKSCoin, in the future, it will be possible to track content within social networks and, in general, those published by users on the web. It is thus a fast payment method for digital content posted on social networks.The market for digital content is growing continuously and at a...