XRP has been one of the best performing cryptocurrencies in recent times despite its lackluster price action throughout the first half of the year, and its recent series of surges have brought its price to just below its historical resistance level around $0.30. It is important to note that XRP has lost some of its…
Bitcoin (BTC) has continued to trade sideways around $8,000 after recovering slightly from its recent drop to the upper-$7,000 region, but its bulls have failed to garner any notable upwards momentum following this slight recovery, which may spell trouble for its near-term price action. Analysts are now noting that Bitcoin’s “bedrock” support in the near-term…
Another week, another of Crypto Tidbits. Over the past week, Bitcoin hasn’t done too hot, sliding under $8,000 for the umpteenth time in a few months. A majority of altcoins — save for XRP, Dogecoin, Binance Coin, and a few others — have followed BTC lower, posting 3% to 6% losses. Despite the growing potential for…
After struggling to break above $8,000 for the past several days, Bitcoin was once again able to find some support within the upper-$7,000 region that held strong and allowed BTC to move back up above $8,000. Analysts are now noting that the cryptocurrency may climb higher in the near-term but are also noting that a…
Saturday, so far, has been a relatively neutral day for the cryptocurrency market. Bitcoin, Ethereum, and a majority of other large caps saw effectively zero losses or gains on the day, while trading volumes across the board tanked. Related Reading: Crypto Tidbits: Fidelity Expands Bitcoin Ops, Ripple’s XRP Sales Fall, Grayscale Sees Growing Altcoin Demand…
Bitcoin (BTC) has been trading within a tight trading range around $8,000 for the past week and has failed to incur any significant momentum in either direction that illuminates its near-term trend. One prominent Gold bull and an outspoken Bitcoin critical is now noting that multiple technical formations point to the possibility that the cryptocurrency…
Ethereum has plummeted lower today concurrently with Bitcoin’s drop below $8,000, which points to an underlying bearishness for the aggregated crypto market and may mean that significantly further losses are in store for ETH before it is able to find support and climb higher. One analyst is now noting that Ethereum is caught in a…
Today, Circle, a US-based finance firm, has revealed that it is “spinning out” crypto trading platform Poloniex into its own independent company, in “an effort to create a competitive internationally-focused cryptocurrency exchange.” Circle first acquired the crypto exchange back in February 2018, around peak interest in the crypto market. Does the company switching gears signal…
Footage posted by a Swiss crypto startup earlier today shows a tram emblazoned with the word “Bitcoin” and the firm’s branding travelling through the Zurich streets. The company behind the marketing campaign offers a range of crypto financial services including custody, trading, and lending. Such large scale public marketing efforts have been conducted previously by…
After a short period of upwards momentum earlier this week that appeared to be bull’s attempt to bolster Bitcoin’s price action, bears have once again gained the upper hand and have now pushed BTC’s price decisively below $8,000. One prominent technical analyst is now noting that he believes this latest movement downwards points to the…