The crypto markets are trading relatively flat after an incredibly volatile trading session yesterday, where many altcoins dropped 10% or more as Bitcoin failed to stabilize above the $4,000 price region. It now appears that the crypto markets are forming fresh trading ranges, and analysts agree that further losses could be right around the corner.…
The estate of the late Columbian drug lord Pablo Escobar, which is said to be responsible for countless murders and at one point, as much as 80% of the cocaine entering the United States, has called the trustworthiness of stablecoin crypto Tether into question. Escobar Inc. plans to launch an initial coin offering (ICO) for…
Although the crypto markets are seeing a bout of volatility that has sent them spiraling downwards today, one notable critic of Bitcoin and cryptocurrency in general is now predicting that Bitcoin could hit $5,000 in the near future. The comments came about as the markets are seeing increased weakness after Bitcoin failed to stabilize above…
Following the crypto market’s recent stability, Bitcoin has now led the markets down and has erased all the gains it incurred this past weekend. Today’s drop has led many altcoins to drop more than 10%, and the markets are showing few signs of finding any major support around their current price levels. It is important…
Key Highlights ETH price traded in a range above the $146 support area against the US Dollar. There are two major bearish trend lines formed with resistance at $152 and $154 on the hourly chart of ETH/USD (data feed via Kraken). The pair could decline below the $146 support if buyers struggle to push the…
Since the Ethereum Constantinople’s activation date was confirmed, a mass of leading crypto researchers, analysts, and commentators have claimed that the pertinent blockchain upgrade is a net positive for this industry. However, a deep-dive, research-backed exposé from an industry insider has gone against popular belief, claiming that Constantinople “couldn’t come at a worse time.” Constantinople…
Key Highlights · ETH price failed to stay above the $155 support and declined recently against the US Dollar. · Yesterday’s highlighted key bullish trend line was breached with support at $150 on the hourly chart of ETH/USD (data feed via Kraken). · The pair may continue to correct lower towards the $144 or $139…
The cryptocurrency markets have been able to maintain their upwards momentum and Bitcoin has now broken above its resistance level that was previously set around $3,900. Bitcoin’s upwards move has sent the overall markets surging. Although Bitcoin is showing signs of increasing buying pressure, many altcoins have not yet been able to break above their resistance…
Following yesterday’s market surge most cryptocurrencies have continued to rise, and Bitcoin has now surged above $4,000. Whether or not the markets can extend their upwards momentum long-term is very important for reversing the persisting bear market. The past few months have been especially tumultuous for the markets with most cryptocurrencies setting fresh 2018 lows.…
Although the crypto market has stagnated, the startups driving the blockchain boat have continued to forge ahead with their efforts. Reports indicate that ConsenSys, a key participant in the nascent Ethereum ecosystem, has partnered with a leading American multinational semiconductor conglomerate to produce blockchain-friendly hardware and software. AMD And Blockchain Group ConsenSys Join Hands On…