The total crypto market cap found support near the $250.0B level and recently corrected higher. Bitcoin price recovered more than 5% and broke the $10,000 resistance area. Litecoin (LTC) price started a strong upward move above the $90.00 and $95.00 resistance levels. BCH price is back above the $300 resistance and is trading with a…
Bitcoin (BTC) steady below $10,000 Hangzhou Internet Court recognizes Bitcoin as property China may be restrictive, but Chinese miners plays a vital role in the Bitcoin ecosystem. Therefore, despite the People’s Bank of China stance, the ruling from Hangzhou Internet Court is bullish. Currently, BTC is up 3.8 percent week-to-date. Bitcoin Price Analysis Fundamentals Chinese…
Bitcoin price struggled to recover above $10,400 and declined recently against the US Dollar. The price declined heavily and even broke the key $10,000 support level to enter a bearish zone. Yesterday’s highlighted key bearish trend line is intact with resistance near $10,000 on the hourly chart of the BTC/USD pair (data feed from Kraken).…
The total crypto market cap extended losses and broke the $260.0B support area. Bitcoin price is down more than 6% and it recently broke the $10,000 and $9,800 supports. Binance coin (BNB) price declined around 8% and it is back below the $30.00 support area. Litecoin (LTC) price failed to hold the $90.00 support level…
Bitcoin and the aggregated crypto markets have been facing a significant amount of pressure from sellers as of late, which has driven BTC’s price to below $10,000, putting the cryptocurrency’s recent bullishness in grave jeopardy. Analysts are now noting that a similar fractal pattern to the one that occurred through the course of the 2018…
Although most of the crypto industry has long known that the US is far behind other countries in terms of implementing “do no harm” regulations on nascent markets, recent comments from President Donald Trump and Treasury Secretary Steve Mnuchin have signaled that rather than creating a “sand-box” regulatory environment for Bitcoin and cryptocurrencies, they will…
The fallout from last week’s US senate hearings on Facebook’s Libra project is still being felt across the crypto ecosystem. Many are blaming the social media giant for Bitcoin’s recent correction but in reality it is just part of the natural rhythm of the market. Bitcoin Back at Four Figures Following a week of consolidation…
Bitcoin price failed to accelerate above $10,700 and declined recently against the US Dollar. The price broke the key $10,500 and $10,400 support levels to move into a short term bearish zone. There is a new bearish trend line forming with resistance near $10,350 on the hourly chart of the BTC/USD pair (data feed from…
The total crypto market cap failed to break the $290.0B resistance and recently declined below $275.0B. Bitcoin price is down around 3% and it recently broke the $10,500 support area. EOS price is down 5% after it failed to gain strength above the $4.400 resistance area. BCH price failed to hold the $320 support and…
Bitcoin (BTC) prices are steady Over $1 billion lost to hackers Hacking is forcing thoroughness in cryptocurrency exchanges. Determined hackers have seen exchanges lose over $1 billion with Bitpoint the latest victim. At the time of writing, BTC is stable, but bears have the upper hand. Bitcoin Price Analysis Fundamentals There is always a risk…