Learn How Trade Crypto
Well then. Bitcoin (BTC) has just reclaimed $10,000 in a sudden surge to the upside. As of the time of writing, the cryptocurrency sits just shy of $10,000, finding itself up 4% in the past 24 hours. Related Reading: Bitcoin and Crypto Shouldn’t & Can’t Be Banned, Say Politicians: Why? Interestingly, altcoins have underperformed the market […]
Bitcoin and most altcoins have been incurring tremendous volatility as of late, which has been primarily driven by BTC’s extended period of consolidation in the lower five-figure price region, where it has been trading at for the past month. Now, one prominent analyst is noting that many altcoins that have faced severe technical damage from […]
Despite skepticism, Bitcoin and cryptocurrencies are increasingly becoming part of investment portfolios. That’s notwithstanding their wild price fluctuations. At the time of writing, BTC is up 14.6 percent week-to-date. Bitcoin Price Analysis Fundamentals There are diverse opinions as far as what Bitcoin is. Generally, there is a consensus that BTC is first a medium of exchange and […]
If you’re new to the expanding world of cryptocurrency, chances are you’ve gotten lost and confused with people telling you to ‘hodl’ or that people are just spreading ‘FUD.’ Cryptocurrencies are becoming like any industry that creates their own jargon and slang as it matures and a community forms around the sector. If you’ve ever […]
After a rough week for crypto, Bitcoin managed to defy expectation by breaking $6k resistance. With this, Bitcoin dominance is also up, to 58% at the time of writing, a level not seen since the last bull run. Naturally, Bitcoin maximalists are pleased with how 2019 is panning out so far, but what does this mean […]
Historical Precursor To Altseason Is Showing Its Face Fundstrat’s prominent head of research, Tom Lee, recently took to Twitter to remark that one of the “pre-conditions” for historical altcoin rallies is coming to life in the current cycle. This precursor, for those unaware, is a drop in the correlation between the crypto asset class at […]
Bitcoin (BTC) is overbought on the weekly time frame but not as overbought as Ethereum (ETH). The 1H chart for ETH/USD shows that the price has been repeatedly testing the support it dropped below yesterday as a strong resistance now. This resistance has very low odds of being breached especially when the Stochastic RSI on the 1H […]
Bitcoin, the flagship cryptocurrency, has recently seen its price move past the $3,700 resistance after enduring a series of sell-offs this month that saw its price drop from a high of about $4,100. Its jump has been accompanied by a wider market recovery. According to CryptoCompare data, BTC is currently trading at $3,736 after rising 2.6% […]
CEO and co-founder of Goldman Sachs-backed crypto finance company Circle has said the biggest regulatory hurdle facing crypto today is the lack of clarity from the United States securities regulator over how to define various crypto assets. Jeremy Allaire made his remarks in an AMA reddit thread he initiated on Jan. 10 together with Circle co-founder Sean Neville and other representatives from […]
Although the traditional equities markets and the crypto markets don’t have a ton in common, they both had a rough 2018, and investors in both markets are hoping that 2019 proves to be different. Despite being a rough year price-wise, many analysts see the drops in both markets as being temporary, which could mean that […]