Bitcoin is risking massive price declines below $9,000 as a historically accurate fractal indicates traders’ sell-off sentiment.The benchmark cryptocurrency’s tendency to retest the $8,750 level increased after it confirmed a bullish reversal pattern last week. Dubbed as Doji, the indicator is typically a session wherein an asset’s candlestick has almost the same opening and closing…
Despite Bitcoin’s extremely strong performance in 2019, crypto assets as a class didn’t fare too well. Sure, some altcoins like Litecoin managed to surge by hundreds of percent. But, the aggregate market capitalization of cryptocurrencies that aren’t BTC managed to register a slightly negative performance last year, with altcoin projects in Ethereum and XRP actually…
It’s happened: Bitcoin and cryptocurrency got their own segment, albeit brief, on The Simpsons — one of television’s most popular shows. Ever.So what exactly happened during that segment? And more importantly, how is the industry responding to it?The Simpsons Airs Short Segment About Bitcoin To create hype for the episode (S31, E13) of The Simpsons being…
XRP’s recent price action has been lackluster to say the least, with its notable surge up to highs of $0.35 being met with significant resistance which, coupled with the bearishness seen across the aggregated crypto market, led it to see a notable retrace.The cryptocurrency now appears to be in a precarious position, as it is…
Another week, another round of Crypto Tidbits. Wow, the past seven days have been quite the trip for Bitcoin, to say the least. After peaking at $10,500 last week, the price of the leading cryptocurrency plunged to $9,700, bounced to $10,300, then took a few hours to crash from that level to $9,250, liquidating hundreds of…
EOS – like all major cryptocurrencies – has been seeing some turbulent price action over the past several days, with Bitcoin’s sharp drop incurred this past Wednesday sending shockwaves throughout the aggregated market.These shockwaves led EOS – a popular Ethereum competitor – to drop from over $4.50 to lows of $3.80, which is where it…
Bitcoin has found itself caught within the throes of a prolonged bout of sideways trading around $9,600 in the time following its recent flash crash that sent it reeling down from the $10,000 region to lows of $9,200.This multi-day period of sideways trading has resulted from the formation of a small and strong trading range…
One of the rallying cries Bitcoin’s most fervent advocates use to promote the cryptocurrency is “become your own bank.” Indeed, this nascent technology allows you to complete the basic functions of modern banks: receive transactions, store capital, and send transactions (and also verify/process transactions if you want to become a miner).While many libertarians see this…
Bitcoin’s unprecedented flash crash seen earlier this week has not proved to be as bearish as it was initially thought to be, as the crypto has now been able to find some solid support within the mid-$9,000 region and has even begun inching higher.It is important to note that while bulls have been able to…
Despite the popular, apparent misconception, Binance has apparently never had offices in Malta. Changpeng Zhao, the platform’s CEO and founder, says the crypto exchange operates without a fixed headquarters.He adds that Binance is striving to become a “true decentralized autonomous organization.”Despite What You Might Have Heard, Binance is Not a “Malta-Based Crypto Exchange”According to a…