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What Could Drive Bitcoin Price Back to $5K?

Bitcoin has experienced some wild fluctuations again on Monday. Initially, it surged to a daily peak at $5,823 but then shed almost $1,000 to a daily low $4,857. What can bring the crypto back to a support level of $5,000? Trading Below $5k is New Norm Last Thursday, Bitcoin couldn’t resist the COVID 19-induced panic that crashed stock markets and broke below the $5,000 level for the first time since April 2019. On Friday things […] дальше »

2020-3-17 14:00


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Cambodia to Launch Digital Currency with Support of 11 Banks

Two years after reports of a Cambodian cryptocurrency, the country is set to launch a central bank digital currency (CBDC) payment system. Project Bakong to Feature Centralized Digital Currency According to Cambodian daily Phnom Penh Post, the country’s central bank is set to roll out “Project Bakong,” a blockchain-powered money transfer platform that features a CBDC. дальше »

2020-1-31 17:00


Bitcoin Bulls Not Out of Woods, Wait For Break Above $7.5K

Bitcoin price is currently consolidating above the $7,200 and $7,150 support levels against the US Dollar. The price is likely to climb higher again unless there is a daily close below $7,000. There is a key bearish trend line forming with resistance near $7,240 on the hourly chart of the BTC/USD pair (data feed from... The post appeared first on NewsBTC. дальше »

2019-12-31 08:30


Fidelity Digital Assets possibly adding ETH support

CoinMarketCap Daily Newsletter Your daily newsletter for 16 December, 2019 “Peace begins with a smile.” - Mother Theresa In today's newsletter, we will be covering: Chinese courts using blockchain technology to settle cases Tether sponsoring new version of Bitcoin tokenization layer […] The post Fidelity Digital Assets possibly adding ETH support appeared first on CoinMarketCap. дальше »

2019-12-25 15:00


Bitcoin’s Long Term Parabolic Uptrend “Intact,” BTC Price Nearing Support after 9 Months

Since hitting 2019 high at $13,900, Bitcoin price has lost about 45% of its value. Yesterday, we went down to as low as $6,785 but soon made our way above $7,000. Currently, BTC/USD is trading just under $7,300, up about 3%, as per Coincodex while managing the daily trading volume of $482 million. Source: Coin360 […] дальше »

2019-11-24 21:33


Tezos Price Analysis XTZ / USD: Not Giving Up

Tezos has a bearish short-term bias, with the XTZ / USD pair erasing all its monthly gains The four-hour time frame shows that the bearish head and shoulders pattern has now reached its full downside projection The daily time frame shows that the XTZ / USD pair has found strong technical support from its 200-day […] The post Tezos Price Analysis XTZ / USD: Not Giving Up appeared first on Crypto Briefing. дальше »

2019-8-16 16:52


Ethereum Price Analysis ETH / USD: Extensive Losses

Ethereum has a bearish short-term bias, with the ETH / USD pair crashing below key technical support on the four-hour time frame The four-hour time frame shows that the recent bearish triangle breakout has accelerated the ETH / USD pair’s decline The daily time frame shows that the bearish head and shoulders pattern is close […] The post Ethereum Price Analysis ETH / USD: Extensive Losses appeared first on Crypto Briefing. дальше »

2019-8-15 16:16


Steem Price Analysis STEEM / USD: Catastrophic Loss

Steem has a bearish short-term outlook, with the STEEM / USD pair trading below key support on the four-hour time The STEEM / USD pair has a bearish medium-term outlook with a death cross currently underway on the daily time frame The daily time frame shows that the cryptocurrency is starting to trade below the […] The post Steem Price Analysis STEEM / USD: Catastrophic Loss appeared first on Crypto Briefing. дальше »

2019-8-12 16:49


Cardano Price Analysis ADA / USD: Deteriorating State

Cardano has a bearish short-term trading outlook, with the ADA / USD pair still trading below critical technical support The four-hour time frame is showing that a bearish breakout from a triangle pattern has occurred The daily time frame continues to show an extremely large inverted head and shoulders pattern Cardano / USD Short-term price […] The post Cardano Price Analysis ADA / USD: Deteriorating State appeared first on Crypto Briefing. дальше »

2019-8-6 16:50


Pundi X Price Analysis NPXS / USD: Last Minute Save

Pundi X has a bearish short-term outlook, with the NPXS / USD pair still trapped below key technical support NPXS / USD bulls are now testing towards the pair’s 200-day moving average The daily time frame highlights an ascending broadening wedge pattern Pundi X / USD Short-term price analysis Pundi X has a bearish short-term […] The post Pundi X Price Analysis NPXS / USD: Last Minute Save appeared first on Crypto Briefing. дальше »

2019-7-31 16:17