Bitcoin Ascending Move Gaining Momentum Says This Week’s Crypto TA

2019-4-18 17:10

The weekly Crypto Technical Analysis is provided by Dmitriy Gurkovskiy, Chief Analyst at RoboForex. Needless to say, all statements and views expressed below and any forecasts contained herein are solely based on... origin »

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Kraken’s $1 Billion Futures Trading Volume Prove Crypto Demand is Very High

Kraken’s acquisition of the UK-based cryptocurrency futures provider Crypto Facilities led the platform on a high trading volume spree, according to their latest statements. Sui Chung, the head of indices and price products at Crypto Facilities, confirmed that the trading volume on their futures platform increased by 565% following Kraken’s $100 million acquisition.

2019-3-5 18:38


Ôîòî:

Bitcoin Price Analysis: After Sudden Upswing, Bitcoin Price Drifts Downward

Last week, we saw a violent move to the upside as bitcoin rallied 11% over the course of one day. Since peaking in the upper $3,600s, bitcoin has seen close to zero bullish follow-through, and the price has begun to drift downward over the course of the last week:Figure 1: BTC-USD, Hourly Candles, Downward DriftDownward-drifting markets like this can often be a sign that distribution is taking place.

2019-2-15 00:21


Top 3 Bitcoin FUD Points: The Death Spiral, BTC Price Going to Zero and Next-Gen Blockchains

There are several FUD topics spreading on mainstream media and other newspapers regarding Bitcoin and cryptocurrencies. For example, how many times did we hear that China banned Bitcoin or that mining activities are destroying the world? Although these statements have already been refuted, they keep targeting the crypto community. One of the main issues that […]

2018-12-6 04:14


Ether Price Analysis: Untested Support Leaves Shaky Foundation During Drop

Much like the rest of the crypto market, ether has found itself devalued by more than 90% since its all-time high of $1,400 back in December of 2017. And now, almost a year later, ether sits just above $100 on what appears to be shaky ground during its latest round of selling over the last few weeks:Figure 1: ETH-USD, Daily Candles, Rapid DescentSimilar to bitcoin’s movement discussed in yesterday’s article, ETH-USD experienced a parabolic growth profile during its bull run.

2018-11-28 01:55


China's Central Bank Wants to Put the Damper Airdrops: Report

The People's Bank of China (PBoC), China's central bank, has its eyes on cryptocurrency companies that run airdrop campaigns in the country. In its most recent financial stability report for 2018, which was published on Friday, November 3, 2018, the bank said there has been a surge in the number of "disguised" Initial Coin Offerings (ICO), including the free distribution of crypto tokens through airdrops, despite its effort to clamp down on their activities.

2018-11-5 22:04


China's Central Bank Wants to Put the Damper on Airdrops: Report

The People's Bank of China (PBoC), China's central bank, has its eyes on cryptocurrency companies that run airdrop campaigns in the country. In its most recent financial stability report for 2018, which was published on Friday, November 3, 2018, the bank said there has been a surge in the number of "disguised" Initial Coin Offerings (ICO), including the free distribution of crypto tokens through airdrops, despite its effort to clamp down on their activities.

2018-11-7 22:04


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Litecoin: Is $74 the base for LTC’s next price move?

Litecoin [LTC] has stabilized after crowd-driven fear pushed sentiment sharply negative, yet price rebounded over 6% from the demand support zone. Retail commentary remains pessimistic across sociaThe post Litecoin: Is $74 the base for LTC’s next price move? appeared first on AMBCrypto.

What next for Litecoin's price after its $80-floor cracks?

On Thursday, 18 April, Bitcoin [BTC] bounced to $89.5k before sinking to post a new low of $84.5k. This volatility saw Litecoin's price [LTC] drop 7.5% in 5 hours, with the altcoin posting a new lowerThe post What next for Litecoin's price after its $80-floor cracks? appeared first on AMBCrypto.

Litecoin’s 14-year resilience meets weak demand – Will LTC wake up?

In a bid to find the most undervalued legacy coin, the Silver Standard report made the case for Litecoin. It pointed out that the Proof of Work Litecoin network has a fourteen-year uptime, a rising haThe post Litecoin’s 14-year resilience meets weak demand – Will LTC wake up? appeared first on AMBCrypto.