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.Digital asset prices are still making buyers happy. As we can see, bulls continue putting pressure. Even if assets fail to break their respective resistance levels in the short-term, the correction will provide an opportunity to enter the market at lower prices.Bitcoin chart shows another reversal...
Read More »Will XRP Price Be Able to Hit $692 in 2020?
Anyone can issue his own money – this should be the main notion in FinTech of the 21st century.According to the statistics, the daily volume of international payments equals almost 10 trillion dollars, with 5 trillion handled by the SWIFT international payment system. It was designed back in 1972, yet many banks still use the outdated, 40-years old software. Cross-border bank accounts are holding $27 trillion in cash.Let’s consider the volume of international payments stated above. If the...
Read More »Bitcoin Cash Analysis: Primed For More Upsides Above $350
Bitcoin cash price started a downside correction from the $367 high against the US Dollar.The price found support near the $310 level and it is currently surging towards $360.There was a break above a key contracting triangle with resistance near $338 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could continue to rise towards $375 if it clears the $350 resistance area.Bitcoin cash price is showing a lot of bullish signs above $320 against the US Dollar. BCH/USD...
Read More »Bitcoin Permabull Michael Novogratz Questions Latest Altcoin Rally
According to recent buzz on Twitter, one of the biggest names in the crypto-industry, Michael Novogratz, is speaking up and questioning the biggest price shift made by altcoins yet this year, raising a red flag for crypto-enthusiasts everywhere.Michael Novogratz is the CEO of U.S.-based Galaxy Digital Holdings Ltd, a limited partner of Galaxy Digital LP, a merchant banking institution focused on digital assets and blockchain technology.The crypto mogul recently spoke out via tweet about this...
Read More »Calvin Ayre’s Clever Market Triggers Could’ve Sparked Bitcoin SV Pump
The Bitcoin SV pump has caught many crypto investors by surprise. A Twitter user has been following BSV’s price action and has a theory as to why the price of the bitcoin hard fork suddenly spiked. If market manipulation is truly the cause of the surge, investors should take caution as a massive dump is possibly on the horizon. While bitcoin maximalists are excited about the king of cryptocurrency’s over 24 percent pump, one bitcoin hard fork is leaving nearly...
Read More »Bitcoin Flippening: BCH Overtaken By ‘Satoshi’s Vision’ BSV
Bitcoin battle becomes three-way shootout as BSV replaces BCH as fourth-largest capped cryptocurrency. BSV has been on a tear all week – seven-day gains stand at 286%. But is there any substance behind BSV’s market growth? A Bitcoin flippening was witnessed for the first time this week as Bitcoin Cash (BCH) was replaced by Bitcoin SV (BSV) as the world’s fourth-largest capped cryptocurrency. The BSV Flippening BSV gained over 100% on Tuesday alone, eventually topping...
Read More »Cryptocurrency Market Suddenly Gets Bullish, Bitcoin Price Rises to $8,800
The cold as winter market suddenly turns hot: major coins getting a significant bump in prices. Specifically, the main Bitcoin forks are hitting the price roofs with Bitcoin Cash, Bitcoin SV and a hefty of other coins gaining a larger price per coin in no time. The SV rise from $150 per coin to $400 per coin may be also connected with Craig Wright‘s promise to obtain the private keys from Satoshi’s 1 million coins. And… publications like this one.Bitcoin Cash has also received a bump-up going...
Read More »OneGold Partners with BitPay, Users Can Now Buy Gold with Crypto
With OneGold users can buy, sell and redeem precious metals like gold and silver. Now with the help of the BitPay payment service, the company can integrate cryptocurrency payments in their new mobile app and website. They will accept payments in Bitcoin, Ethereum, Bitcoin Cash and a few stablecoins. The application is available for Android and iOS users. However, BitPay customers who will choose to use OneGold services on its website will save 2%.“Cryptocurrency holders are a natural fit as...
Read More »Is Chainlink Outperforming Bitcoin?
Bitcoin, for the most part, has been rather bullish during the start of the new year, but there’s one cryptocurrency – Chain Link – that some sources say is doing much better.Chain Link Is Doing Quite WellBitcoin initially began the year over $7,000. It later fell back into the $6,000 range (albeit briefly) before a military drone strike in Iran by U.S. forces led bitcoin into what is considered the first bull rally the coin has experienced in roughly two months. It has been jumping by...
Read More »Bitcoin Hardforks Surge Huge 14-38% Pumps Overnight
While BTC recorded modest 5% gains, its was the OG’s many offshoots which benefitted most from the weekend’s pump. Bitcoin SV (BSV) led the pack with a 38% surge leading into Saturday. Even Bitcoin Diamond (BCD) emerged from obscurity to rake in the gains. It was a good day for Bitcoin on Saturday, but not necessarily BTC. While Bitcoin (BTC) did record modest 5% growth, it was the digital currency’s many forks ands offshoots which benefited most from the weekend...
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