Markets

Bitcoin’s Defense of $6K Raises Odds of Relief Rally

3 hours ago admin2 0
Bitcoin (BTC) is again trading above $6,000 and looking up, but today’s closing price will likely set the tone for the rest of the week. The leading cryptocurrency fell to $5,755 at 15:00 UTC on Sunday – the lowest level since Nov. 12 – only to make a quick recovery back above $6,000 an hour Read More

Crypto Trading 101: A Beginner’s Guide to Candlesticks

22 hours ago admin2 0
That kid you know who’s now driving a Lambo because he traded something called dogecoin? He has more in common with Japanese rice traders from the 1700s than you might think. Besides the ability to brag about their newfound riches, both traders likely analyzed price action and investor emotions by using the candlestick charting style. Read More

Bitcoin Price Drops to Within $100 of 2018 Low

2 days ago admin2 0
The price of bitcoin fell to its lowest point since February today. As of press time, the leading cryptocurrency’s price went as low as $6,063, according to CoinDesk’s Bitcoin Price Index (BPI), a significant drop considering the day’s opening price of $6,717.20. The near-$700 decline (which saw prices decline roughly 10 percent) effectively brought bitcoin to Read More

Analyst Predicts Bitcoin Price Rebound Above $10,000 by 2019

2 days ago admin2 0
Todd Gordon, founder of TradingAnalysis.com predicted Bitcoin (BTC) to drop to $4,000 prior to a rebound above $10,000 by 2019 on CNBC’s Stock Draft June 22. Gordon suggested that BTC will drop below $5,000, subsequently hitting $10,000 by the end of the year, citing significant market volatility to be the main reason. When asked to Read More

Tether Review Claims Crypto Asset Fully Backed – But There’s a Catch

5 days ago admin2 0
Nearly six months after parting ways with its auditor, Tether has finally produced a third-party report proclaiming that its cryptocurrency is fully backed by U.S. dollars – with some big caveats. The state of Tether’s reserves has been the subject of controversy for months, with online critics claiming the company has been issuing more tokens Read More

Things I Did… Bitcoin Braces for Bear Market With Feel-Good Tweets

1 week ago admin2 0
The price of bitcoin (BTC) may be up slightly Wednesday, but that hasn’t exactly raised the spirits of the asset’s most avid investors. Rather, with the market now down roughly 70 percent from 2017’s highs, many HOLDers, the bitcoin faithful who have vowed never to sell, are becoming convinced they might have seen the last Read More

Felines to Futbol: NFTs Are Crypto’s Hottest New Buzzword

1 week ago admin2 0
The World Cup may be completely analog, but don’t tell that to crypto developers. Soft launching now, a new company called CryptoStrikers is entering the so-called “crypto collectibles” market with tokens commemorating the stars of this year’s World Cup. The thing is the tokens it’s offering aren’t the same you’ll see listed on a popular Read More

What is Going On With the Crypto Markets, Experts Share Opinions

1 week ago admin2 0
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, you should conduct your own research when making a decision. This week has not been too bright for the price of Bitcoin and other major cryptocurrencies, as the markets turned red. The price of Bitcoin started falling from around Read More

Relief Rally Ahead? Litecoin Looks Oversold Below $100

2 weeks ago admin2 0
Litecoin may have hit fresh 2018 lows Wednesday, but could be in for corrective rally courtesy of oversold conditions. The world’s sixth-largest cryptocurrency fell to $93 at 15:10 UTC, the lowest level since Dec. 8, and is currently trading at at $95.80 on Bitfinex, down 9 percent in the last 24 hours. The 48 percent drop Read More