Bitcoin price extended its decline and broke the key $8,000 support area against the US Dollar. The price is likely to test the main weekly bearish target of $7,500 in the coming sessions. There was a bearish break below a contracting triangle with support near $8,350 on the hourly chart of the BTC/USD pair (data...
Ripple price is forming a decent support base near the $0.2300 level against the US dollar. The price is facing a lot of hurdles on the upside near $0.2450 and $0.2500. There is a solid bearish trend line forming with resistance near $0.2440 on the hourly chart of the XRP/USD pair (data source from Kraken)....
With trade talks between the US and China resuming next month all eyes are on the prospect of some kind of a deal. Not all are confident however and one industry executive still favors Bitcoin over any kind of economic recovery based on bilateral cooperation between the two powerhouses. China Won't Back Down Founder and...
ETH price failed to surpass the $172-$175 resistance and declined again against the US Dollar. The price retested the $152 support area and it is currently correcting higher. There is a new connecting bearish trend line forming with resistance near $168 on the hourly chart of ETH/USD (data feed via Kraken). The price is showing...
Leading crypto asset exchange platform Binance has provided information to the UK police force to help bring a fraudster to justice. The unnamed Bulgarian individual pleaded guilty to five counts of fraud and received a custodial sentence for his role in numerous phishing scams. The convicted fraudster had created phishing scripts that he sold via...
Bitcoin price is once again falling, and already there are extremely bearish price targets ranging from former bear market support at $6,000, to under $5,000, to a double bottom, and potentially all the way down at $1,000 per BTC. When the market gets this exuberant, it's often the time for reversal, much like the calls...
Earlier today, news broke that the central bank of Venezula is in tests to see whether it would be advantageous for the institution to hold cryptocurrency reserves. The nation's state-run oil company is also apparently attempting to send Bitcoin (BTC) and Ether (ETH) to pay suppliers via the central bank. Naturally, many commentators have celebrated...
Every moment in the highly volatile crypto market is an intense one. Prices can skyrocket, then evaporate completely just as fast. But the week ahead, according to one crypto analyst, may be the most critical week for the crypto market – altcoins and Bitcoin included – ever, and depending on what happens next, will shape...
If you haven't checked *insert your favorite Bitcoin (BTC) price tracker here* over the past few hours, you're in for a fresh surprise. The cryptocurrency market has incurred its second large trading session of losses this week, with the aggregate market capitalization of all digital assets tumbling to $209 billion. Related Reading: Fractal: Bitcoin Price...
After consolidating within a triangle formation for the last three months, Bitcoin price finally broke out of the trading range. However, to the surprise of most of the crypto community, Bitcoin broke down from the pattern, putting the crypto asset's entire bull run in jeopardy. Now that a direction has been chosen, one crypto analyst...
