Bitcoin price reject lower lows, stable Exchanges in South Korea band together to protect investors and prevent illegalities Transaction volumes low, prices trading in tight ranges Despite yesterday’s declines, BTC is technically bullish. From candlestick arrangements, it is likely that in days ahead, buyers will flock in driving prices back above the $3,800 level triggering…
Since Bitcoin garnered traction in 2016/2016, the crypto & blockchain industry has been overtly lauded as a catalyst behind a “brain drain” on Wall Street, Main Street, and even Silicon Valley. Case in point, notable talents from the legacy industries’ most preeminent conglomerates, like Starbucks, Google, PayPal, amongst others, have flocked to this firms investing…
It is no secret that Chicago’s history is intertwined with finance. It therefore comes as little surprise that the city seems to be embracing the coming Bitcoin and cryptocurrency revolution too. Already home to proportionately large numbers of Bitcoin ATMs, Chicago is about to get a lot more, courtesy of Lux Vending. The decision was…
Over the past couple of weeks, the crypto markets have experienced a persisting bout of sideways trading that didn’t allow for any major price action in the altcoin markets. Today, however, the typical crypto volatility returned in full force, sending most major altcoins and Bitcoin down significantly over the past 24-hour trading period. Today’s drop…
Following a long period of sideways trading, Bitcoin (BTC) has now broken down below its previously established support level around $3,500. Today’s drop appears to have allowed BTC to establish support in the $3,400 region, but further volatility could easily push it down towards $3,000, where the cryptocurrency has significant buying pressure. Analyst are conclusively…
After miners, it is crypto exchanges that stand before the wrath of a bearish cryptocurrency market. Liqui, a small but a long-running crypto trading company, announced today that it would close down its operations. In a straightforward goodbye note, the Ukrainian exchange said that it was unable to provide liquidity to its customers. Therefore, it…
Bitcoin has undoubtedly come a long way in its ten-year history. And while “Bitcoin” has become a popular word in the world’s vernacular, Brian Armstrong, the chief executive at Coinbase and an advocate for an inclusive and decentralized financial system, has claimed that the project is still in its infancy. Who Is Brian Armstrong? Brian…
Bitcoin price failed to stay above the $3,520 and $3,480 support levels against the US Dollar. There is a strong resistance formed near $3,500 and a bearish trend line on the hourly chart of the BTC/USD pair (data feed from Kraken). The price tested the $3,400 support and it remains at a risk of more…
Since Bitcoin (BTC) established a new all-time high in late-December 2017, the cryptocurrency market has faltered. Since that fateful month, the broader asset class has posted losses that would even make gamblers cringe, as the value proposition of cryptocurrencies has become misconstrued and nebulous at times. Yet, one industry insider claims that cryptocurrencies could be…