Markets

EOS price is back in a bearish zone below the $3.300 support area against the US Dollar.The price is currently trading above the $3.000 support area and struggling to correct higher.There is a key contracting triangle forming with resistance near $3.100 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair remains at a risk of more downsides below the $3.000 support area.EOS price is facing an increase in selling against the US Dollar, similar to bitcoin. The price is...

Since the massive price drop at the beginning of this week, and for the past three days, Bitcoin is trading a little above the $8000 support area.This $8000 support line is getting its strength from the 78.6% Fibonacci level, along with the mid-term ascending trend-line and the historic price support area of $8000.From the bullish perspective, the fact that the $8K support had held for the last three days might become a ground for a positive correction; however, the bulls anticipating that...

Litecoin price is facing an increase in selling interest below $60.00 against the US Dollar.LTC price is currently trading below the key $59.80 and $57.00 support levels.There is a crucial bearish trend line forming with resistance near $57.10 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to break the $54.00 support area and continue lower in the near term.Litecoin price is back in a downtrend against the US Dollar and bitcoin. LTC price remains at a...

Es ist wieder ruhiger geworden, um den Bitcoin-Preis – ist es nur die Ruhe vor dem Sturm? Zum Jahresende könnte es noch einmal rund gehen, allerdings sehen einige Analysten eher die Bären vorne und warnen vor eine Abwärtsbewegung, die den Bitcoin-Preis im Dezember halbieren könnte.Bitcoin News: Bitcoin Preis stabil, doch Analysten warnenZurzeit stagniert der Bitcoin Kurs um $8.000. Doch während Optimisten noch einen Bullen-Run erwarten, sehen die Pessimisten den Bitcoin in einem Abwärtstrend....

Ethereum has seen a small increase of 0.45% over the past 24 hours and it currently trades at $177.46. Over the past week, ETH dropped by a total of 5.58%, falling beneath the short term consolidation pattern that it was previously trading within.Ethereum remains the second-largest cryptocurrency as it holds a market cap of $19.26 billion. Looking at the ETH/USD 1-day chart:Since our last analysis, ETH dropped beneath the symmetrical triangle and fell into the current support at $176.19,...

Binance Coin saw a small price decline of around 0.48% over the past 24 hours and it currently trades at $18.34. However, the cryptocurrency is now down by about 13% over the past week and by 30% over the past 90 days, making it the weakest performing altcoin out of the top 10 projects.Binance Coin is now the eighth-largest cryptocurrency with a market cap of $2.88 billion.Since our previous analysis, BNB rolled over at the resistance provided by the 200-days EMA and started to fall. It...

2017 will go down in history as probably the most pivotal year in the chronicles of cryptocurrencies. It was the year that they transitioned from being an obsession of “geeks” into something that captured the interest of governments, Wall Street analysts, media, financial institutions, and the average joe on the street.Exactly two years since the so-called “crypto bubble,” this piece tracks the evolution of the crypto market from 2017 at the price peak, until today, with a focus on new...

Michael Novogratz will be launching two different bitcoin funds.Novogratz wants to bring “the wealth of America” into the crypto market.The new funds would offer cheaper services than what competitors are offering.Galaxy Digital Holding CEO Michael Novogratz is launching two bitcoin funds that target accredited and institutional investors who have been waiting on the sidelines for a cheap and secure service way to access the pioneer cryptocurrency.Bitcoin is hovering around $8,000. | Source:...

Ripple co-founder Chris Larsen said he thought digital assets such as XRP would play a major role in the movement of money around the world. Recently, Larsen discussed the role of digital assets in the economy and the regulatory environment that must exist to advance blockchain and crypto.Ripple is the blockchain that has the highest number of transactions recorded on its blockchain in recent days. Having 1,151,101 more transfers which were almost 54% higher than the transactions executed on...

Within the cryptocurrency industry, there are a number of prominent tokens which dominate the industry and get the most attention, and just like any other market, there is a constant struggle for dominance between various firms. Some of the most popular in this regard are Bitcoin and Ethereum. Within Bitcoin, there are certain offshoots that sprung up as a result of hard forks such as Bitcoin Cash and Bitcoin SV, which is backed by controversial figure Craig Wright and while many of the...