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Bitcoin Price Analysis: Wait and See Where Recent Signs of Strength Lead

This week realized a big gain as bitcoin enjoyed a 25% rally from its local bottom before topping out around $4,400. Support currently appears to be established in the mid-$3,000s as the market remains indecisive over its next move:Figure 1: BTC-USD, Daily Candles, Current Support LevelFigure 1 shows the relevance of the current support level as it represents a previous support level that was never properly retested during last year’s parabolic bull market. дальше »

2018-11-30 01:45


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AMZN! $4K Bitcoin Still Historically Outperforming Amazon Stock

Bitcoin price held above $4000 November 29 as talk turns to the cryptocurrency’s continuing appeal over major stocks such as Amazon in recent years. BTC Still Beats Amazon Even at $4K After a dip to lows around $3500, something not seen in over a year, Bitcoin managed to reclaim and hold onto the $4000 mark Wednesday, hitting local highs of $4339 before correcting closer to $4190. дальше »

2018-11-29 13:00


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Bitcoin Hashrate Drop Sparks Rumors of $3.8K Miner ‘Turn-Off Price’

The drop in Bitcoin hashrate has sparked rumors China has turned off huge numbers of mining rigs as the process is no longer profitable. ‘More Economic To Turn Them Off’ Video and photo content which allegedly came from F2Pool owner BitFish hit western social media November 20, being uploaded by local news feed cnLedger and Primitive partner Dovey Wan. дальше »

2018-11-21 20:00


Ether Price Analysis: Historic Support Tested Amid Signs of Distribution

It’s been weeks since ether has seen a new high or a new low and the market has found itself range-bound. At the moment, we are seeing signs of distribution as large rounds of selling have remained present during key support tests:Figure 1: ETHUSD, 4 Hour Candles, Trading RangeSo far, for the last few weeks, ether has seen a trend of higher lows and low highs (the converging red trendlines). дальше »

2018-10-20 01:31


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Bitcoin Price Analysis: Potential Reaccumulation Could Test Bear Trend

Last week, after a devastating move that shook the market violently up and down for a 7% move in just a few short minutes, bitcoin saw a major sign of strength as it proceeded to have a slow, but steady markup where it managed to establish a local high in the $6,800s:Figure 1: BTC-USD, Hourly Candles, Shakeout Prior to MarkupThis shakeout forced the market to temporarily establish a new monthly low in what could be argued to be a stop-hunt prior to the move to the $6,800s. дальше »

2018-9-24 21:29


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Bank of Korea: Infamous ‘Kimchi Premium’ May Reappear in Bitcoin Markets

The Bank of Korea has warned that significant price differences between South Korean exchanges and those abroad, or the “Kimchi Premium,” may emerge in the coming years. Kimchi May Strike Back According to local outlet No Cut News, South Korea’s central bank cautioned officials of another “Kimchi Premium”-like situation if regulations and crypto trading frameworks […] The post Bank of Korea: Infamous ‘Kimchi Premium’ May Reappear in Bitcoin Markets appeared first on CryptoSlate. дальше »

2018-9-12 07:00


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The Next ‘Venezuela’? Bitcoin Up Over $8,400 in Iran Amid Hyperinflation

Bitcoin price has risen dramatically in Iran following the government’s decision to grant legal recognition to the country’s cryptocurrency mining industry. Bitcoin Premium Comes to Iran While Bitcoin suffered an almost $1,000 drop in the rest of the world, the top-ranked cryptocurrency was reaching new heights in Iran. дальше »

2018-9-7 21:00


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Exchanges Round-Up: Price Spread and Institutions, Brazil Surveys Exchanges

In recent news pertaining to exchanges, Sfox has attributed a reducing spread in the price of BTC across exchanges to the increased presence of institutional investors in the cryptocurrency markets, Brazil’s government has issued a questionnaire to three local crypto exchanges seeking to obtain data pertaining to their operations, and data from the United States […] The post Exchanges Round-Up: Price Spread and Institutions, Brazil Surveys Exchanges appeared first on Bitcoin News. дальше »

2018-9-1 20:05


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‘We Couldn’t Get Any Foreign Currency’ – Turkey’s Capital Controls Show Why Bitcoin Exists

Turkey introducing capital controls to stem the impact of its currency crisis means traders can “expect” higher Bitcoin prices on local exchanges, a well-known online commentator has suggested. ‘Expect Price Premium’ Tweeting August 13, BambouClub eyed spreads on P2P platform Localbitcoins, forecasting buy and sell asks to increasingly diverge as the country’s economic situation worsens. дальше »

2018-8-14 22:00


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Some Cryptos Trading 500% Higher on Bithumb, Market Manipulation Woes

Bithumb traders have recently experienced an abnormal surge in the price of some crypto, with tokens like Ethos trading six times over its average value only on the South Korean exchange. Many traders began to attribute these ludicrous prices to the Kimchi Premium, which local cryptocurrency traders have grown accustomed to over the most recent months. дальше »

2018-7-30 08:04