Following a turbulent week for the cryptocurrency markets, most major cryptocurrencies have fallen even further today, and analysts now believe that there is more room to fall for Bitcoin and Ethereum. At the time of writing, Bitcoin is trading down over 4% at its current price of $4,300. Over the past few days Bitcoin has established…
Markets smashed again to new yearly lows; Bitcoin Cash bleeding out, Stellar and Cardano not far behind. More pain has come to crypto markets as we round out the week. A third wave of selling has caused markets to dump to new yearly lows as total market capitalization dropped below $140 billion a few hours…
When a blockchain forks, the new chain is often seen as an improvement over the existing one. The loyalties of the developers and crypto communities may be divided, but failure to come to consensus will result in a forked chain. Stress Test Breaks BSV This is exactly what happened to Bitcoin Cash last week and…
After a day of widespread losses, the cryptocurrency markets appear to have found some stability at their current levels, and one analyst believes that Bitcoin in particular is nearing a buy zone that could prove to be highly lucrative for investors. At the time of writing, Bitcoin is trading down 4% over a 24-hour period…
Markets dumped to new yearly lows; Bitcoin, Ethereum still on the floor, XRP and XLM holding up. There has been a very little recovery a day after Bitcoin and cryptocurrencies were smashed to new price lows for over a year. Total crypto market capitalization is still on the floor below $150 billion which is where…
Key Points Bitcoin cash price declined heavily and traded below the $300 and $280 levels against the US Dollar. Yesterday’s highlighted key bearish trend line is intact with resistance at $315 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is currently trading near the $250 level and it could…
The price of Bitcoin fell below $5,000 on Coinbase for the first time in 2018 as the bear market continues to drag prices down across the board. Market Cap Drops to Below $87 Billion For the first time since October 2017, Bitcoin dropped lower than $5,000, at $4,996 on San Francisco-based crypto exchange Coinbase. As a…
Unfortunately, as cryptocurrencies capitulated throughout the week, losing upwards of 15-20% of their value, so did the news cycle. However, it isn’t all doom and gloom, as there were still a handful of developments indicating that the crypto and blockchain industry is far from dead in the water. Amun Launches Bitcoin, Ether, XRP ETP In…
The recent crash in the crypto market has led Wall Street investors to slash their Bitcoin price prediction by half. Tom Lee, the co-founder of Fundstrat Global Advisors, lowered his year-end expectations to $15,000 from $25,000. Lee’s prediction came after BTC broke below its so-called bottom at $6,000. Before the crash, the said level was…
Markets suffer 15% drop in a week; Bitcoin Cash getting smashed, BNB, Nano also hurting. More losses have been recorded on crypto markets over the past 24 hours as the weekend sees digital currencies continue their downward slide. Total market capitalization has slid back towards $180 billion and is not far away from another new…