Ethereum price started a fresh decline from the $4,140 resistance against the US Dollar. ETH price is now trading well below $3,850 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $3,930 on the 4-hours chart (data feed from Coinbase). The pair could continue to move down if there is a clear move below $3,650. Ethereum price is struggling below $4,000 against the US Dollar. ETH/USD remains at a risk of a sharp...
Read More »Elon Musk Thinks He Knows Who Satoshi Nakamoto Is
Elon Musk seems to think he knows who Satoshi Nakamoto is. Nakamoto is the pseudonym of the alleged creator of bitcoin, the world’s number one digital currency by market cap, and according to Musk, everything points to Nick Szabo – a computer scientist and legal scholar. Elon Musk Suggests Nick Szabo as a Nakamoto Potential The legend of Nakamoto has grown heavily over the years. Many people have contemplated who it could be, and there have been many guesses and even...
Read More »Future Fintech Group’s Subsidiary Launches Crypto Market Data Platform
Why do I have to complete a CAPTCHA? Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. What can I do to prevent this in the future? If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware. If you are at an office or shared network, you can ask the network...
Read More »The Bitcoin Hash Rate Reaches New All-Time
The year started on a rather bland note, far below the bold predictions made by several notable Bitcoin proponents in terms of BTC’s price. While 2021 was quite impressive, the cryptocurrency market entered a familiar territory of extreme fear as it began the first week of 2022. In contrast, though, Bitcoin’s hash rate has registered a new all-time high, indicating that the network’s robustness has never been more secure. Bitcoin Hash Rate Taps a New Peak According to the...
Read More »Bitcoin Price Analysis: BTC Consolidates as Huge Move Appears Imminent
Bitcoin is fluctuating sideways, and it has exhausted retail investors. Looking at the market’s low volume and volatility structure, an imminent significant move is expected in the coming days. In the past few days, both bears and bulls struggled to win the game. The price is currently on a critical level (orange box), and breaking above or below this box will determine the mid-term direction. In the case of being supported by the orange zone, reaching $75K is not so out of...
Read More »Stellar Lumen (XLM) Price Aims Larger Increase above $0.30
Stellar lumen price is attempting a fresh increase from the $0.2600 zone against the US Dollar. XLM price is now trading above $0.2850 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.2650 on the 4-hours chart (data feed via Kraken). The pair could start a steady upward move if there is a clear break above $0.2950. Stellar lumen price is trading in a positive zone above $0.2800 against the US Dollar, similar to...
Read More »Ripple Price Analysis: Bulls Could Gain Strength Above $0.865
Ripple price started a recovery wave from the $0.8000 zone against the US dollar. The price is now trading below $0.88 and the 55 simple moving average (4-hours). There is a connecting resistance trend line near $0.8650 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move up if there is a clear break above the $0.8650 resistance. Ripple price is struggling below $0.900 against the US Dollar, like bitcoin. XRP price could...
Read More »First Day of 2022 Ended Green as Bitcoin Reclaims $47K (Market Watch)
Following yesterday’s minor price slides, most of the cryptocurrency market is in the green today. This includes a slight increase from bitcoin to above $47,000 and more impressive gains from Polkadot and Avalanche. Bitcoin Stands Above $47K As 2021 was coming close to its end, bitcoin seemed stuck around $47,000, but a sudden price pump drove it to above $48,500, as CryptoPotato reported on December 31st. However, the landscape changed quite quickly in the following hours....
Read More »Ariane Capital Notes Impressive Crypto Investment Fund Performance Despite 2021’s Bearish Periods
[PRESS RELEASE – Geneva, Switzerland, 31st December 2021] Ariane Capital notes strong growth throughout 2021, paving the way for bigger and better things in 2022 and beyond. Navigating the crypto waters at an early stage allowed the team to build up years of expertise and remain ahead of the market. As a result, its products have proven very powerful and continue to provide investors with optimal returns regardless of market conditions. Mainstream institutions and investors...
Read More »Bitcoin Price Analysis: Despite Recent Dip, Some Good News for The Bulls
Options Market Analysis After bitcoin dipped to $42K on December 4th on Omicron fears, its price could not move higher than $52k over the last month. BTC is now trading at $47k. Short-dated ATM-implied volatility peaked at 94 and is currently sitting at 66. Source: Laevitas.chCalls for a $50K strike price have the highest open interest for 2,3 & January 7th expiries. Lots of calls were sold for these expiries over the last few days. It seems that low demand in the spot...
Read More »