The Gemini Exchange in New York – founded by Cameron and Tyler Winklevoss of “The Social Network” fame – has announced that it’s turning to Eventus Validus to monitor all the trades that occur on its crypto platform to ensure safety and security for its customers.Gemini and Eventus Are Pairing UpEventus is a trade-surveillance and market risk solution manager for cryptocurrencies and other assets. Right now, Eventus is utilized by six other crypto exchanges and is also quite popular amongst...
Read More »Analyst Says a $17,000 Price for Bitcoin Is Likely By End of Year
According to one analyst, bitcoin could potentially reach a price of more than $17,000 by the end of the year.Bitcoin Hitting $17K? Chances Are Pretty GoodIn a tweet, Cane Island Alternative Advisors’ Timothy Peterson explained:Odds of bitcoin reaching $17,000 any time during the remainder of the year are about 30 percent.The only problem is that the asset would have to shoot beyond the $12,000 mark for it to reach the said price. If this doesn’t happen, we can’t expect the currency to move...
Read More »Bitcoin Crashes, Loses $800 in Roughly Two Days
It looks like bitcoin has let everyone down again. The world’s number one cryptocurrency by market cap has taken a serious turn for the worse and fallen to $11,600 – roughly $400 less than where it was yesterday.Another Bitcoin Fall Is in the BooksThe currency has been on a serious roll after the last few weeks, rising all the way from the mid-$9,000 range to above $12,000. However, now that the currency has broken previously set resistance, the asset is seemingly taking a serious step back....
Read More »EOS Price Analysis: Uptrend Support Intact Near $3.20
EOS price climbed to a new multi-week high at $3.950 before correcting lower against the US Dollar.The price corrected lower below $3.5501 and even spiked below the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $3.150 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair is likely to start a fresh increase as long as it is above $3.200 and $3.150.EOS price is correcting gains from the monthly high against the US Dollar,...
Read More »Litecoin (LTC) Price Analysis: Support Turned Resistance At $65
Litecoin price started a major downside correction from the $69.00 swing high against the US Dollar.LTC price is currently holding the key $60.00 support zone and the 55 simple moving average (4-hours).There was a break below a key bullish trend line with support near $62.10 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could rise again, but the bulls need to clear the $65.00 resistance for a sustained upward move.Litecoin price is holding a couple of important...
Read More »Tesla Stocks Beats BTC as Most Widely Viewed Asset
Bitcoin, no doubt, has been doing quite well as of late. The currency rose as high as $12,400 early yesterday morning, but it’s still second when compared with Tesla stock.Tesla Still Beats Bitcoin in Many WaysIt goes to show you that Elon Musk, the CEO of Tesla, possesses some sort of power that very few of us will ever understand. According to Trading View, a site that allows you to monitor the movements of your favorite stocks, cryptocurrencies and assets, Tesla stock still holds the...
Read More »George Ball: The Price of Bitcoin Will Explode in Early September
Bitcoin appears to be turning people left and right. Who were once bitcoin haters are now bitcoin lovers, and George Ball – the former Prudential exec who in a recent interview discussed the potential safety of using and holding the world’s number one cryptocurrency by market cap – has explained in a follow-up discussion that the asset’s price is about to explode after Labor Day of this year.George Ball: Bitcoin Will Surge Further in SeptemberBitcoin has been on a serious roll over the past...
Read More »Simon Peters: A High Bitcoin Price Can Deter Retailers
Bitcoin has incurred another slight period of growth this morning that took it all the way to $12,400. At the time of writing, the currency has settled down a bit just beyond the $12K mark.Bitcoin Has a High Price; This Keeps Some Traders OutNo matter how you look at the situation, it’s easy to say that the price of bitcoin – the world’s largest and most popular cryptocurrency by market cap – has seemingly entered one of its best bull phases in recent years. At the same time, however, there...
Read More »Tron (TRX) Price Analysis: Trimming Gains, But Uptrend Intact Above $0.025
Tron price jumped more than 25% and climbed towards the $0.0325 level against the US Dollar.TRX price traded as high as $0.0325 and recently started a downside correction wave.There is a key bullish trend line forming with support near $0.0260 on the 4-hours chart (data feed via Bitfinex).The pair is likely to bounce back above $0.0280 as long as it is trading above the $0.0250 support.TRON price is currently correcting gains from highs against the US Dollar, similar to bitcoin. TRX price...
Read More »Bitcoin Price Analysis: BTC Correcting Gains, Key Support Nearby
Bitcoin price started a downside correction after it topped near the $12,489 level.The price is declining and it is trading below the $12,000 level and the 55 SMA (H4).There is a crucial bullish trend line forming with support near $11,640 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair must stay above the $11,640 and $11,400 support levels to start a fresh increase.Bitcoin price is currently correcting lower from the $12,500 barrier against the US Dollar. However,...
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