After a bout of sideways trading in the cryptocurrency markets, Bitcoin and other major cryptos have been able to garner an influx of buying pressure that has sent them climbing today. Ethereum (ETH) is one major cryptocurrency that has been able to climb today, but it is facing growing resistance around its current price levels.…
The tides have seemingly begun to turn in the favor of Bitcoin (BTC). Volumes have surged across the board, all while the flagship cryptocurrency has slowly moved to and past the auspicious $4,000 price point. And with this, many have begun to call to an end of the bear market, in spite of the fears…
There’s no question that by-and-large most academics and professors aren’t the biggest fans of Bitcoin and crypto in general, but it remains unclear as to whether or not their biases will change as the nascent technologies evolve. In a recent interview, one prominent Yale professor shared his thoughts on cryptocurrencies, and expressed some unique ideas…
Bitcoin has been able to climb somewhat higher after finding relative levels of support in the low $3,900 region. Although its ability to maintain stability is certainly positive, BTC is getting closer and closer to the ever-so important $4,000 level, which could mean that significant volatility is on its way. Analysts are now expressing a…
Ever since Bitcoin and the entire crypto markets went spiraling downwards in late-2017 and early-2018, investor’s sentiment has grown to be strongly linked to price action, and as such, the sentiment of most neophyte investors that have been burned by the persisting bear market remains in the gutter. Despite this, the sheer amount of hype…
The United States’s Securities and Exchange Commission has announced that it will hold a public forum on blockchain and crypto assets. The event is the second of its kind and will take place at the SEC Headquarters in Washington DC on May 31. The forum is being held in conjunction with the SEC’s Strategic Hub…
Crypto markets being driven by altcoins; Cardano, NEM and CRO Cranking, Bitcoin dominance diminishing. Crypto markets are still consolidating as we round off another week. Volume has crept up a little and a slow uptrend has formed over the past couple of days as major crypto assets hit resistance levels. Total market capitalization has made…
The crypto community has been sitting at the edge of their seats watching the complex and nuanced situation surrounding the now defunct QuadrigaCX exchange unfold. Recently, news broke that Big Four Auditing Firm, Ernst & Young (EY), had discovered that the exchange’s cold storage wallets were nearly entirely empty, which came as a surprise to…
Tom Lee of Fundstrat Global Advisors has once again given cryptocurrency market predictions. The long-term Bitcoin bull stated earlier that sentiment will once again turn positive during 2019. Lee draws on technical, macro, and fundamental indicators to make these conclusions. However, we all know that he has been wrong on more than one occasion when…
As Bitcoin’s current trading range tightens and price consolidates ahead of the next major trend-defining move, the entire crypto community is speculating on whether or not Bitcoin price may have bottomed or if there is more pain to come for BTC investors. One prominent crypto trader and analyst is confident that Bitcoin price will never…