Category: News
Analyst Eyes 10% Bitcoin Price Expansion as Volatility Creeps Closer
If you’ve followed the price of Bitcoin (BTC) at all over the past few weeks, you know there is a large lack of volatility. In fact, for the past 20-odd days, the leading cryptocurrency has been stuck in an effectively 8% range — something that doesn’t happen all too often. Related Reading: Bitcoin Price Continues…
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Ripple (XRP) Price Gaining Momentum While BTC Is Consolidating
Ripple price is climbing higher and it recently surpassed the $0.2950 resistance against the US dollar. The price is moving towards $0.3000 and it could rally sharply above $0.3020. There is a rising channel forming with support near $0.2940 on the hourly chart of the XRP/USD pair (data source from Kraken). The price could dip…
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Dow Grinds Higher as Fed Dove Bullard Teases Aggressive Rate Cuts
The Dow plodded higher on Tuesday as dovish commentary from the Federal Reserve offset concerns about the partial trade deal President Donald Trump and Chinese negotiators shook hands on last week. Dow Eyes Triple-Digit Recovery on Tuesday All of Wall Street’s primary indices bounced back from their Columbus Day losses. The Dow Jones Industrial Average…
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Morgan Creek Co-Founder Says It’s Better for Most Investors to HODL Crypto
If you follow some of the best traders on Crypto Twitter (CT), you would think that trading with leverage is the best way to grow your crypto portfolio. After all, some of these traders post tremendous gains in short periods of time. While these traders flex their skills, they unwittingly make many of their followers…
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Bitcoin (BTC) Price Hesitates But Fresh Rebound Seems Likely
Bitcoin price is currently trading in a range below the $8,400 resistance area against the US Dollar. The price remains well supported on the downside near $8,200 and $8,150. There is a new breakout pattern forming with resistance near $8,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is…
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US Treasury Secretary on Libra Exodus: Crypto Partners Not Up To Par
The golfing analogy was not lost as Facebook gets buried deeper in the digital rough while its crypto project partners run for the hills. In an interview with CNBC yesterday, US treasury secretary Steven Mnuchin said they may have feared heavy regulatory pressure. Threats For Crypto Consortium Speaking on CNBC’s ‘Squawk Box’, Mnuchin stated that…
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Ripple Having a Swell Time as XRP Finally Pumps
Some crypto assets have had a worse 2019 that others and XRP is one of them. At the moment the Ripple token is still down 15% this year but that could be about to change as XRP finally starts to move in the lead up to the company Swell event next month. XRP Surges 20%…
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Crypto Market And Bitcoin Could Rise Steadily: BCH, Litecoin, EOS, XLM Analysis
The total crypto market cap is showing positive signs above the $210.0B support area. Bitcoin price needs to surpass the $8,400 resistance area to continue higher in the near term. Litecoin (LTC) price is still struggling to climb above the key $60.00 resistance area. Bitcoin cash price is slowly rising towards the $235 resistance area.…
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Altcoins Energized as XRP, XLM and ZRX Leave Bitcoin Behind
Another day of inactivity and consolidation for Bitcoin has kept the king of crypto just above support. Its lethargy has resulted in another dip in market share as a few of the altcoins start to make bigger moves. Ripple’s XRP, Stellar Lumens and 0x are among them. Bitcoin Dominance Dip Good For XRP A couple…
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Price Analysis 14/10: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, TRX
Most major cryptocurrencies are in a consolidation, which will soon result in a large directional move. How should traders be placed in order to benefit from it? A draft report by the G7 group of nations outlined the risks associated with “global stablecoins.” The report said: “No stablecoin project should begin operation until the legal,…
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