Learn How Trade Crypto
Bitcoin (BTC) has finally begun a new week green after a long time. Most cryptocurrency investors and enthusiasts had already made their peace with red Mondays the past few months. However, that trend now seems to have changed as EUR/USD’s new outlook points to a trend reversal in the weeks ahead. The big correction is […]
Bitcoin (BTC) appears to be at the risk of a fall to $3,000 or lower levels. Until recently, the probability of a fall to at least $3,000 seemed likely considering that the price was overbought short term. It appeared as neither the bulls nor the bears were convinced that this was the bottom and the […]
Monero Outreach, a branch of the Monero community had published an article on their website monerooutreach.org, last month which discusses why they believe Monero XMR is the sleeping giant of cryptocurrency and that one day, even Bitcoin will sit in the shadow of XMR. This week, the article started getting traction within the mainstream cryptocurrency […]
Bitcoin (BTC) is consolidating below $3,500 for the third day straight. The challenge now is to gauge whether the bulls or the bears will win out in the coming days. As discussed yesterday, the leading cryptocurrency could soon see a corrective rally if prices manage to clear the crucial resistance at $3,633 (the high of an […]
Two US congressmen introduced bipartisan legislation designed to prevent cryptocurrency price manipulation and position the United States as a leader in the crypto industry. Democrat Rep. Darren Soto of Florida and Republican Rep. Ted Budd of North Carolina unveiled the following bills: Virtual Currency Consumer Protection Act. This bill directs the CFTC to explain how […]
Bitcoin SV on Friday totaled its bullish rally to 32.5 percent while the rest of the crypto market remained red. The highest intraday BSV/USD rate on BitFinex today was noted at 114-fiat. At the same time, Bitcoin SV’s ideological rival Bitcoin Cash continued its crash cycle after dropping another 15% on its real-time 24-hour timeline. […]
Until the start of November, crypto volatility was trending down. Then, several major events happened and the whole cryptosphere went off the charts. But why? According to the Crypto Volatility report released today by SFOX, cryptoassets showed more volatility than the S&P 500 and gold during November, and there are four key factors that contributed to the […]
Bitcoin (BTC) is about to complete a massive inverse head and shoulders pattern. This means that the price is expected to breakout as early as next week. The potential for upside is as high and so is the probability of a rally from current levels. For the past few months, Bitcoin (BTC) has been reacting […]
Ethereum (ETH) is at a risk of retesting its previous yearly lows as the price action looks extremely weak. The bears are too confident whereas the bulls are completely demoralized when they should be pushing for a trend reversal after an extended correction. The RSI for ETH/USD seems to have formed a rudimentary version of a bullish […]
Bloomberg has revealed that Mike Novogratz’s cryptocurrency trading desk lost $41M in the third quarter of 2018. After Bitcoin dropped below $5k for the first time this year, retail traders and institutions alike are feeling the pain from the enormous downward moves. Bloomberg reported the fair value of Galaxy’s digital assets currently stands at $91M. Considering the net cost of […]