Author: dennis.m

FOMO Moments There has been very little momentum on the crypto markets over the weekend. A stalemate seems to be in place between the bulls and the bears. Bitcoin could not break resistance at $9,000 and has fallen back to around $8,500 where it has found support for the time being. Altcoins are all very…

Key Points Bitcoin cash price is trading in a bearish zone above the $960 support against the US Dollar. There is a major bearish trend line forming with resistance near $990 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair remains at a risk of more losses if it fails…

Overly, Bitcoin and most altcoins were up by week ending March25. According to data from Coin360, Bitcoin and ETH, the two most liquid coins in the world are up 11.45% and 5% respectively. This means somehow altcoins were supported and its definitely good news. EOS leads the recovery with a 54.96% gain in the past…

In a huge step towards bringing cryptocurrencies to the mainsteam, Shorcan Digital Currency Network (Shorcan DCN) is teaming up with Toronto-based Paycase to launch a brokerage service for Bitcoin and Ethereum. Shorcan DCN is a wholly-owned subsidiary of TMX Group, the Canadian financial services company known for operating the Toronto Stock Exchange (TSX) and TSX Venture Exchange…

The correlation between the finance sector and cryptocurrency can be no longer be ignored. The lines between both industries are slowly beginning to blur. This only becomes more obvious due to the exodus of talent from the finance sector entering the cryptocurrency world. Various companies successfully hired new team members in the past few months.…

Key Points Bitcoin cash price corrected higher but it struggled to move above the $1,080-1,100 against the US Dollar. There is a significant bearish trend line forming with resistance at $1,000 on the 4-hours chart of the BCH/USD pair (data feed from SimpleFX). The pair may continue to struggle and it could decline below the…

The future of Bitcoin is always interesting to keep an eye on. This year, as well as the next few years, will introduce a lot of technical changes. All of these developments – especially those pertaining to scaling – will positively impact the cryptocurrency’s price in the long run. Scaling and Improvement Solutions are Coming…

Crypto naysayers have been pointing out that calling tokens “currency” is a misnomer. Sadly for crypto advocates, the naysayers do have a point. Cryptocurrencies do lack certain attributes of fiat currencies. They are yet to be generally accepted and their values are far from stable. Even with the emergence of Bitcoin ATMs and Bitcoin-backed debit…