Over the past few days since creating a new annual low, Bitcoin is moving in an ascending channel (looking at the hourly chart). As of now, Bitcoin is near the lower trend-line of the channel, along with the $4000 – $4050 support range. This is a very fragile area,...
A study was conducted in 2011 that used the patient records from hospitals in California. The results were delivered in 2014, and it was found that there was an inverse relationship between hospital admissions and daily stock returns. According to the study, the fluctuations in the stock markets has an...
During the G20 summit in Buenos Aires, Argentina, a declaration was passed to create an international taxation system for cryptocurrencies, according to the Japanese news outlet Jiji.com. International crypto taxation while cutting back on money laundering According to Jiji, the G20 leaders seek to develop the taxation system for crypto with...
For the past six months, ICO’s have quickly begun to face up to the realities of poor market conditions, flawed business models and regulatory scrutiny. Now it seems like ICO influencers are also starting to feel the repercussions of promoting failed crypto projects. Just yesterday, it was announced that Floyd...
Several high profile tokens have taken a deep plunge in value during this year’s crypto bear market, causing investors to lose money and exposing many projects for their true value. During this time, many exchanges have taken it upon themselves to weed out the weakest tokens on their platform. As...
TL;DR Satoshi Nakamoto’s P2P profile has just had sent an update on his P2P, consists only of the word “nour”, quotation marks included. Many are now questioning whether this is the real Nakamoto, as his profile suspected of being compromised four years ago. Satoshi Nakamoto, a person or a group that is responsible...
Is BTC facing down again? Yesterday we mentioned two signs that have worried us. Here they are: “The hourly chart is forming a wedge. Breaking it to either direction will likely to create a significant move towards the breakout’s direction. The daily chart’s RSI indicator is now testing support turned long-term...
I’m sure you have seen headlines on mainstream media such as “It’s the end for Bitcoin,” “Bitcoin is a bubble,” or “Bitcoin is a Ponzi scheme.” If not, you are a fortunate person. We crypto enthusiasts don’t like to read such headlines. We all know that these articles are...
A few hours ago, the cryptocurrency exchange Binance moved over $1 billion worth of tokens from its exchange wallet. The crypto community has been spreading FUD over the huge transactions, ranging from a possible attack on the exchange, new wallets, custody, but even a possible exit scam. According to the...
After breaking up the $4K area, Bitcoin had soared to a current high of $4355 (Bitstamp). This marks a correction of 25% from the yearly low that was seen just two days ago. As mentioned before – a violent move to one side carries violence to the other side....