It’s Friday, and Bitcoin price is once again falling, breaking below $9,000 and trading at $8,750 currently. According to one legendary trader, where an asset closes on a Friday can often predict the future performance of the asset. Is there any truth to the theory that could benefit crypto traders? Recent performance appears to suggest…
After a brief attempt to climb above its strong resistance level at $0.30 earlier this week, XRP faced a strong and swift rejection and is now moving down towards its monthly lows that currently sit around $0.26. This bearishness has come about in the midst of Ripple’s highly anticipated Swell event, and as the Ripple…
The Bakkt platform is having another good day of trading. The much-hyped Bitcoin futures contracts that disappointed many on first launch has hit another all-time high in daily trading volume, well before its close. Bakkt trading volume is surging whilst Bitcoin has made a considerable move down in price. The price of the number one…
Two weeks ago, Bitcoin price set a record for its third-largest 24-hour gain in the young asset’s short history, rocketing from $7,400 to $10,500 from low to high. After weeks of consolidation, the crypto asset has run out of steam and has begun to fall, first breaking below support at $9,000 where it is currently…
Trade tensions between the US and China appear to be easing as the two powerhouses come to agreement. The lifting of tariffs is good for economic stimulus but safe have assets such as gold are now starting to cool off, will Bitcoin follow suit? US China Trade War Over? Officials from both sides stated yesterday…
Decentralized finance is making the media more often as concern grows over another global banking crisis. Ethereum is at the forefront of DeFi platforms at the moment and Maker is the market leader with over 50% share. The launch of a new multi-collateral Dai could send both higher. Ethereum Based DeFi Evolves Maker has a…
Bitcoin and the aggregated crypto markets have been caught in a firm bout of sideways trading for the past couple of weeks, with BTC trading firmly within a long-established trading range between $9,000 and $9,500. Analysts are now noting that Bitcoin has been holding above a key technical support level, but a break below this…
For many of its earliest proponents, Bitcoin represents much more than an investment vehicle. For its most ardent supporters, the cryptocurrency has the potential to entirely dress the global balance of power. One of its most vocal proponents over the years has been RT’s Max Keiser. The presenter believes that Bitcoin is now starting to…
Back at the tail end of the crypto hype bubble in 2017, it wasn’t uncommon to find posts throughout the cryptocurrency community that demonstrated what a small investment made in Bitcoin at the beginning of the year would have brought savvy investors for riches. Just as the bubble began to pop, a Reddit user attempted…
This week kicks off the annual Swell event hosted by Ripple, which gathers together the greatest minds and influencers from the crypto and general finance space under one roof to talk about the future of fintech. Each year, the conference causes a pump leading up to it, but later dumps following Swell in a “buy…