Bitcoin SV war bisher der Durchstarter 2020. Doch dem BSV zum Trotz ist der BTC, der klassische Bitcoin, weiterhin der beliebteste Cryptocoin unter den Investoren. Shrimpy liefert uns eine Analyse von Portfolios, in denen wir mindestens einen Cryptocoin finden können – 72,4% der Portfolios setzen auf Bitcoin.Bitcoin News: Bitcoin bleibt beliebtester Cryptocoin für InvestorenUngefähr drei Viertel der Investoren, die Cryptocoins halten, investieren also in den BTC. Dahinter folgen Ether mit...
Read More »Derivatives Exchange BTCMEX Launches Affiliate Program and $120 Trading Bonus
Crypto Derivative Markets are TrendyCryptocurrency derivatives were a major highlight of the cryptocurrency market in 2019. Data collected in the past year already reveals how the derivatives market outperformed the spot market and more recently, the buzz is becoming more intense as speculation suggest that this market will double the size of its counterpart spot market in the near future. More so, increased competition in derivative products has been instrumental in the growth of the...
Read More »Bitcoin Cash Analysis: Primed For More Downsides Below $300
Bitcoin cash price started a fresh decline after it failed to stay above $400 against the US Dollar.The price broke a few key supports near the $350 and $340 levels.There was a break below a major contracting triangle with support near $331 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair remains at a risk of more losses below the $312 and $300 support levels in the near term.Bitcoin cash price is declining and struggling to stay above $312 against the US Dollar....
Read More »EOS Price Analysis: Risk of Additional Losses Below $3.5
EOS price started a downside correction after trading to a new yearly high at $4.073 against the US Dollar.The price is declining and it recently broke the $3.800 support area.There was a break below a key bullish trend line with support near $3.600 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair remains at a risk of additional losses below $3.550 and $3.500 in the near term.EOS price is correcting lower from the recent high against the US Dollar, just like...
Read More »Total Newbie Guide on How to Invest in Cryptocurrency
It might seem like cryptocurrencies are going up and down recently, but the truth is that they still are incredibly popular, and attract millions of investors. Everyone is expecting another huge boom of Bitcoin and other digital currencies, which is why now is the right time to start investing.If you have the cash to spare, you have two options. The first one is to have fun and spend it on buying gadgets and playing games. If you choose the latter, read Platinum Play Casino review, and check...
Read More »Litecoin (LTC) Price Analysis: Signs of Bearish Extension To $52
Litecoin price topped near the $63.20 area and declined recently against the US Dollar.LTC price is now trading below the $60.00 level, with a couple of bearish signs.There is a key bearish trend line forming with resistance near $58.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair remains at a risk of more downsides below the $55.00 support area.Litecoin price is currently correcting lower below $60.00 against the US Dollar, similar to bitcoin. LTC price could...
Read More »Cardano (ADA) Price Analysis: Rally Could Accelerate Above $0.05
ADA price is trading in a solid uptrend above the $0.0430 support resistance against the US Dollar.The price is likely to accelerate gains above the $0.0500 resistance in the near term.There is a major ascending channel forming with support near $0.0435 on the 4-hours chart (data feed via Kraken).The price could surge towards $0.0550 and $0.0650 if it settles above the $0.0500 resistance area.Cardano price is showing a lot of positive signs against the US Dollar, similar to bitcoin. ADA price...
Read More »Bitcoin Price Analysis: BTC Holding Crucial Uptrend Support
Bitcoin price started a downside correction after it almost touched $9,200 against the US Dollar.The price declined below $9,000, but the $8,460 area acted as a strong support.There is a major bullish trend line forming with support near $8,560 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to climb higher again unless it breaks the $8,560 and $8,460 support levels.Bitcoin price is trading nicely above key uptrend supports against the US Dollar. BTC is...
Read More »South Korean Authorities Are Considering 20% Tax on Crypto Gains
South Korea’s Ministry of Economy and Finance has started to review the crypto regulation in the country. In particular, they are reviewing a crypto taxation plan. As South Korea’s Yonhap News Agency has reported, the Korean finance ministry may introduce a 20% tax on crypto gains.Until now, the authorities considered profiting from digital assets as capital gains, and the tax law in South Korea did not see cryptocurrency trading profits as taxable income. However, with the regulatory rule...
Read More »Tron (TRX) Price Analysis: Rally Isn’t Over Yet, $0.020 Next?
Tron price is trading in a bullish zone above the $0.0160 support area against the US Dollar.TRX price recently tested the $0.0180 resistance area before correcting lower.There is a major bullish trend line forming with support near $0.0160 on the 4-hours chart (data feed via Bitfinex).The current price action is positive, suggesting more upsides above $0.0170 in the near term.TRON price is showing a lot of positive signs against the US Dollar, similar to bitcoin. TRX price is likely to...
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