Unfortunate to all Bitcoin lovers, another low was captured. To whoever whose reading my BTC price analysis from yesterday, I stated there clearly that breaking the $4500 support level means that the next target is $4050. As seen by the following chart, Bitcoin’s yesterday’s low (actually the yearly low)...
Bad news for the crypto markets has emerged following a notice released by the Intercontinental Exchange (ICE) the U.S, today Nov 20. The securities and commodities exchange company (whose parent company is the NYSE) says it will delay the launch date of the Bitcoin Futures offered by crypto custody firm...
After a relatively long period of stability, the crypto markets suffered a significant blow, and the crash is now in full swing, as described by me last week. The price of Bitcoin has fallen around 30%, and the alternative coins, altcoins, have also been painted red with severe losses...
TL;DR The Indian government has announced that regulations regarding the use of cryptocurrency will be drafted in December 2018 This happens following heavy restrictions on banks in regards to providing services for cryptocurrency exchanges and has led businesses, including Zebpay Exchange, to migrate out of India. India seems to be a step...
On November 3, 2018, Bitcoin’s hash rate was standing on 57.5 million TH/s. Now, the BTC hash rate dropped below 42 million TH/s, and we suspect that the Bitcoin Cash hash wars have the answers for this sudden decrease. According to Blockchain.com’s stats, the main backers of the Bitcoin ABC...
TL;DR Due to BCH hard fork and following hash wars, numerous investors experienced significant losses, with a lot of them blaming cryptocurrency exchange OKEX for it. The exchange was accused of an attempt at market manipulation by ending BCH futures contracts trading early and suddenly, while the prices were damaging to...
A nightmare. No words can describe the past 24 hours of Bitcoin’s trading. For the first time, I had to switch to the Bitcoin’s daily chart since the 4-hour chart has no much space to show the $2000 decline over the past days. The positive aspect is that Bitcoin is...
While Bitcoin, along with most cryptocurrencies, has severly decreased, Ripple kept getting stronger and gained value against Bitcoin. Ripple has taken the second place from Ethereum in the market cap leaders, and currently, the two coins are almost $4 Billion away, which is around 23% from each other. Is Ripple...
To summarize, XRP is bearish against the USD, despite being a hedge for Bitcoin. Against the leading cryptocurrency, Ripple looks bullish and just recently surpassed Ethereum as the second largest crypto. XRP-USD Market The XRP market is moving in a downward direction following high seller’s volume. A breakout may occur above...
TD;LR Hash Wars that followed Bitcoin Cash hard fork continue, with both sides aiming to fight for dominance for as long as they can. Exchanges such as Poloniex and Bittrex already started trading BSV despite the on-going hash war, with more expected to follow. Crypto community continues to speculate about potential reasons...