The total crypto market cap found support near $121.0B and later recovered above $124.0B. EOS price corrected lower sharply and traded below the $3.80 and $3.60 support levels. Bitcoin cash price is currently trading nicely above the $132 and $130 supports. Tron (TRX) price is under pressure below the $0.0250 and $0.0248 resistance levels. Cardano…
What goes up must come down. Many had predicted a market correction but few of them expected it to be so fast and so violent. In just over an hour $14 billion was unceremoniously dumped out of crypto markets as Bitcoin and its brethren plunged back below previous levels of resistance. 2019’s Largest Single Day…
ETH price tumbled after it failed to break the $165 and $166 resistance levels against the US Dollar. The price declined and broke the $160, $152 and $140 support levels to move into a bearish zone. There was a break below a major bullish trend line with support at $148 on the hourly chart of…
NEO’s 2019 DevCon event in Seattle started off with a bang when the company’s Co-Founder, Da Hongfei, opened the event with a speech focused on the promise of the smart economy, and shared his views on how NEO will help guide the world towards a new, tech-based, future. Importantly, Hongfei expressed an ardent belief that…
Those questioning the blockchain projects for their underlying utility should look at EOS. The smart contracts platform recently paved its way into the working model of Tapatalk, a Reddit-like forum application. Per an announcement published February 21, Tapatalk will utilize the EOS blockchain to power its Gold Point reward system. The integration would allow Tapatalk…
Bakkt, a digital asset platform which is set to introduce the very first physically-settled bitcoin futures, will launch later this year. And, according to Alec Ziupsnys, the launch could legitimize the dominant cryptocurrency before 100 million potential users per week. The chief innovation officer at BlockEdge Capital tapped on how Bakkt’s partnership with Starbucks was…
Bitcoin price extended gains and broke the $3,950 and $4,000 resistance levels against the US Dollar. The price traded to a new 2019 high above $4,100 and it could continue to rise in the near term. There was a break above a major triangle pattern with resistance near $3,950 on the 4-hours chart of the…
ETH price finally broke the $149 and $150 resistance levels and gained pace against the US Dollar. The price traded above the $160 resistance and formed a new 2019 high above $165. There is a major bullish trend line formed with support near $148 on the 4-hours chart of ETH/USD (data feed via Kraken). The…
“Crypto is currently regarded as a distinct type of technology by entrepreneurs, funding sources, and developers. By creating a separate fund, AH hopes [to put itself in a better position] within this community that would be the case by continuing to invest through its general IT funds.” Traditional Funds and Crypto The University of Michigan’s investment…
Bitcoin price spiked towards the $4,000 resistance, but failed once again versus the US Dollar. The price traded lower and broke the $3,950 and $3,940 support levels. There was a break below a connecting bullish trend line with support at $3,925 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair…