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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. дальше »

2019-2-15 00:21


China’s Crypto OG Zhao Dong Believes 2019 Is The Time To Buy Bitcoin (BTC)

China Bitcoin Billionaire Expects Spring To Arrive In 2020 While Bitcoin (BTC) failed to undergo a rally, investors in this nascent space have kept their heads high. Zhao Dong, purportedly one of China’s most influential and notable Bitcoin bigwigs and a well-known over-the-counter (OTC) trader, recently made an optimistic comment on a WeChat trading group. дальше »

2019-2-14 07:00


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Crypto Analyst: Bitcoin Investors Are Underwater, But BTC Bounces Back Quickly

Bitcoin’s highly publicized meteoric rise to its all-time high of $20,000 in December 2017 was a classic bubble cycle at its peak. The media attention and hype from individuals talking about the crypto on social media and in social circles sparked FOMO (fear of missing out) in retail investors who eventually got burned when the. дальше »

2019-2-14 04:00


Crypto Traders’ Long-Term Bitcoin Short Contracts See Uptick in Closures Signaling the Bottom is In?

It seems that those who shorted Bitcoin when it was reaching its all-time high at $20,000 are cashing out now. Bitcoin has been traded between $3,250 and $4,100 during the last few months. This comes just a few weeks after Mark Dow, a former International Monetary Fund (IMF) economist, cash out his short contract on […] дальше »

2019-2-13 19:58


Crypto Markets Flying: Litecoin up 30%, Bitcoin Surges 8%, Ethereum 12%, What’s Pushing it?

The crypto market has added more than $10 billion in the past several hours as all major crypto assets including Bitcoin, Litecoin, and Ethereum jumped by massive margins. Bitcoin, which struggled to demonstrate any major movement in the past two weeks, surged by well over 8 percent, recovering to the high $3,000 region. дальше »

2019-2-8 21:05


Throwing Shade at Tron? Ethereum’s Buterin Describes Crypto Networks With High TPS As “Piles Of Trash”

Ethereum’s Vitalik Buterin is at it again, and this time, he’s throwing quite some shade. Speaking at a conference in January 2019, Buterin grabbed a chance to express his opinion about some other crypto networks when a member of the audience asked him about the transaction processing speed of Ethereum’s Casper CBC upgrade that’s still […] The post Throwing Shade at Tron? Ethereum’s Buterin Describes Crypto Networks With High TPS As “Piles Of Trash” appeared first on ZyCrypto. дальше »

2019-2-7 14:28


Rising Credit Card Debt and the Risky Business of Credit Crypto Investment

Credit card debt in 2019 has reached an unparalleled high. Experts have gone ahead to posit that this is a pointer to an impending economic recession. Consequently, many people are wondering whether or not it’s a good idea for investors to continue buying Bitcoin with their credit cards. It’s also possible that crypto investors who […] дальше »

2019-2-3 19:46