Over the past two days, Bitcoin, Ethereum, and the rest of the cryptocurrency market have shot higher, retaking key price levels after an 8% correction that brought BTC as low as $7,700. Analysts say that this move is a precursor to strong price action in BTC and ETH.Related Reading: Why Bitcoin Investors’ HODL Mentality Means a […]
While cryptocurrencies are still far below where they were at the end of 2017, analysts are getting bullish on Ethereum, Bitcoin, and other digital assets. The bull case for ETH, at least, was proven just recently with a metric suggesting that the network has seen rampant growth over recent months, which is likely to wrest […]
Bitcoin, Ethereum, and the rest of the crypto market have been on quite the tear of the past week, with BTC rallying from $6,800 to $8,450 in a matter of a few days. But over the past 48 hours, the crypto market has stalled, with nearly all digital assets posting 8% losses from the local […]
ETH price is struggling to gain pace above the $152 and $158 resistance levels against the US Dollar.The price is currently holding the main $144 support area and breakdown zone.There is a key contracting triangle forming with resistance near $150 on the 4-hours chart of ETH/USD (data feed via Kraken).The pair could start a strong […]
As the crypto market has stagnated, all eyes have fallen on Bitcoin, not Ethereum or Litecoin, as the leading cryptocurrency’s next large move will likely determine in which direction this entire industry heads for the next couple of months.While yes, Bitcoin’s price action is the most important when trading digital assets, one analyst has noted […]
iStock.com/josefkubes Bitcoin Price Recovers If you like your investments to be exciting—if at times unnerving—then cryptocurrency is the market for you. While the bitcoin price soared to new heights in 2018, it came crashing down just as fast in a massive meltdown that had many detractors dolling out “I-told-you-so’s” left and right. But now the […]
iStock.com/tigerstrawberry Crypto Rally Slows Down As I write this report, cryptocurrency prices are in the middle of a vicious tug of war between the bulls and the bears. And the bears are winning right now. Most, if not all, of our favorite cryptocurrencies trended down over the last seven days, erasing the progress they made […]
iStock.com/tigerstrawberry Ethereum News Update Investors tend to panic when international organizations talk about cryptocurrency regulation, but is that really the nightmare scenario? What we have at the moment seems worse. With each country or state striking its own path on crypto regulation, investors are left without a clear sense of direction. “Where is the industry headed?” […]
iStock.com/MysteryShot Ethereum News Update The first quarter of 2018 was historically bad for ETH prices, according to a recent CoinDesk report, but there’s a silver lining embedded in the data: namely, that ETH recovered from these types of slumps in the past. For instance, Ethereum prices lost 40% in the fourth quarter of 2016. While […]
iStock.com/Nawadoln Ethereum News Update As Ethereum prices trended lower on Wednesday morning, my attention was drawn to a Bloomberg report claiming that cryptocurrency hedge funds are facing a “reckoning” in 2018. Are they really? The article says that nine hedge funds have already exited the market, while the rest are sustaining heavy losses. And according […]
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