Bitcoin price is jumped higher recently, but it struggled to continue above $10,500 against the US Dollar. The price is currently trading in a bearish zone and it could accelerate losses below $10,200 in the near term. There is a connecting bearish trend line forming with resistance near $10,450 on the hourly chart of the...
ETH price is showing positive signs above the $180 pivot level against the US Dollar. The price is likely to continue higher above the $184 and $185 resistance levels in the near term. There is a key bullish trend line forming with support at $178 on the hourly chart of ETH/USD (data feed via Kraken)....
Looking back at when derivatives products were launched for other asset classes may offer some insight as to what will happen to Bitcoin markets. Analysts have been doing just that and the results are extremely bullish on paper but there could be some differences with crypto assets. Bitcoin Futures Good or Bad? To draw comparison,...
Long term price predictions for Bitcoin are always positive since very few industry analysts see things going south for the technology. This year has been very bullish for BTC, compared to the nightmare it had last year. Looking at the charts though could spell quite a long wait for the next market cycle peak. Bitcoin...
Throughout the course of the long crypto winter that extended throughout 2018 and into the early months of 2019, Bitcoin (BTC) miners faced deep losses that led many of them to shut off their rigs, which was seen by many as being detrimental to the crypto's network health. New data suggests that the price gains...
The number of BTC awarded to miners for adding blocks to the Bitcoin blockchain is set to decrease next year. These so-called halving events occur about every four years and are part of the cryptocurrency's distribution schedule. The next halving, expected in May of 2020, will be Bitcoin's third. The previous two halvings resulted in...
Most crypto market participants have been closely watching to see how Bitcoin (BTC) reacts to its current position within the middle-$10,000 region, as whether or not it climbs higher or breaks lower from this price level could set the tone for the rest of the year. Regardless of where the price goes in the near...
Central banks hoarding gold is thought to be accounting for a lot of the buying pressure sending the price of the precious metal upwards recently. Such a hunger for hard assets may one day see banks stock piling Bitcoin as part of their de-dollarisation efforts. Central banks in both Russia and China have been identified...
Once an individual gets started in investing or trading crypto assets like Bitcoin, they should very early on in their journey encounter some commonly cited advice: never invest more than you can comfortably afford to lose; not your keys, not your Bitcoin; and never disclose how much crypto you hold, as it could very well...
The launch of one of the most anticipated bitcoin custodian solutions went unnoticed in the spot market. The bitcoin price on Monday continued to trend inside a negative territory as Bakkt, a digital asset platform backed by Intercontinental Exchange, opened its bank-grade bitcoin storage solution, Bakkt Warehouse. The BTC/USD rate dipped by more than 1.5...
