Ethereum and most major altcoins have incurred significant upwards momentum over the past day, which stems from Bitcoin’s notable surge from lows of $6,800 to highs of $7,400. ETH, which is slightly underperforming BTC, has been able to reclaim its positive within the $130 region, and is showing growing signs of bullishness.In the near-term, one…
After hovering below its previous support at $7,000 for several hours yesterday, Bitcoin’s bulls were able to generate significant momentum that has allowed BTC to reclaim its position within the $7,000 region, and it appears that this upwards momentum is growing.This move coincided closely with news regarding a US airstrike on a top Iranian military…
On January 3rd, 2009, the mysterious Satoshi Nakomoto – pseudonymous creator of Bitcoin and blockchain technology, mined the first-ever Bitcoin block, dubbed the Genesis Block. Today, we look back at the monumental event that took place more than ten years ago and celebrate the birth of blockchain and the world’s first-ever cryptocurrency: Bitcoin.On This Day:…
While most crypto assets suffered throughout 2019, Bitcoin, and a handful of other altcoins – almost entirely comprised of exchange-related tokens – offered crypto investors the best ROI in 2019.Binance Coin, Huobi Token, and OKB Top Crypto’s Best Return in 2019The crypto industry is a fast-moving, ever-changing industry that is driven by wild speculation and…
Much to the chagrin of investors and bulls alike, Bitcoin (BTC) was unable to hold above the key support that had been established within the lower-$7,000 region, as it posted a swift break below this support during a sharp selloff that occurred earlier this morning.This sell off may cut deeper in the near-term, but one…
Bitcoin currently appears to be in a precarious situation, as sellers have been pushing the cryptocurrency down towards its key support that currently exists around $7,000. This current bearishness comes close on the heels of the recent series of rejections that BTC faced over the past couple of weeks.One analyst, however, is now noting that…
XRP, the cryptocurrency often referred to as Ripple, is the third-largest crypto, yet it was one of the year’s worst performers in terms of the top ten cryptocurrencies by market cap. It not only closed the year at a loss but also set a new, fresh, bear market low during the course of the last…
Elliott Wave Theory is just one of many tools cryptocurrency analysts and Bitcoin traders use to help them predict future market movements and gain a competitive edge.According to the commonly used technical analysis principle, Bitcoin could be due for its biggest correction yet – one that will take the crypto industry by surprise and cause…
2019 proved to be a positive year for the aggregated cryptocurrency markets, with Bitcoin posting a stunning surge of nearly 100%, while altcoins had mixed performance, with Ethereum (ETH) dropping marginally while XRP posted a massive 45% drop.Analysts are now noting that Ethereum could be on the cusp of seeing significantly further gains, with the…
Bitcoin ended 2019 with a bang, closing the year up nearly 100% from its January lows of under $4,000. Although the year was generally positive for BTC and most other cryptocurrencies, it is important to note that it is also down significantly from its 2019 highs of $13,800 that were set this past June.Analysts are…