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Bitcoin Price Analysis: Upward Drift Continues Following Established Macro Support

Since mid-February, the bitcoin market has continued to drift upward toward a band of strong, macro resistance (shown below as a red band). This slow, drift upward marks our fourth test of the resistance zone and, unlike the three prior tests, our rejection of the level has shown a weakness on the side of the bears:Figure 1: BTC-USD, Daily Candles, Fourth RejectionIf we compare the three prior rejections (labeled 1, 2 and 3), we see that the move into this resistance level was violent — and had equally violent rejections. дальше »

2019-3-29 02:21


Meet The New Experimental Bitcoin (BTC) Price Valuation Metrics: Delta Cap And Top Cap

Delta Cap Researchers Willy Wood and David Puell have released some Bitcoin valuation metrics in an attempt to depict a more holistic and widespread overview of the market for the cryptocurrency. The experimental valuations were anticipated to mesh technical analysis with network activity development observations. So far – according to Sam Ouimet of CoinDesk, the […] дальше »

2019-3-28 20:45


‘Wrong at Virtually Every Level’: Elon Musk Torches ‘Radical’ SEC for Twitter Gag Attempt

Billionaire Elon Musk fired back at the Securities and Exchange Commission’s February 2019 contempt filing designed to muzzle the Tesla CEO’s Twitter commentary. Elon Musk: ‘SEC’s Position Is Wrong’ In a fiery response filed March 22 in New York federal court, Musk slammed the SEC for its “radical reinterpretation” of a September 2018 consent decree under which he agreed to get approval from Tesla’s board before tweeting anything that could impact TSLA’s stock price. дальше »

2019-3-24 14:41


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Bitcoin Price Analysis: Slow Grind Could Lead to Short Squeeze

Last Friday, we discussed a macro resistance level bitcoin would likely test. The level was tested three times prior and immediately rejected. Now, for the fourth time, we find ourselves situated above the level as we wait to see if our support holds:Figure 1: BTC-USD, Daily Candles, Fourth Test of Macro ResistanceThe first three attempts to hold support above the black, broken resistance have been stifled with relatively high amounts of volume. дальше »

2019-3-19 01:17


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Indian police are arresting students for playing PUBG during exam season

I’m sorry to report that the headline isn’t a weak attempt at humor: according to The Times of India, the west Indian city of Rajkot has seen at least 10 students arrested by local police for playing the popular Battle Royale game, Playerunknown’s Battlegrounds (PUBG), after it was banned in several districts in the state of Gujarat last week. дальше »

2019-3-14 14:37


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Bitcoin Price Analysis: Low Time Frames Show Signs of Life Amid Weekly Tests

Bitcoin continues to coil tightly within its range-bound market as the bulls and bears fight it out to see which is most dominant. On the lower time frames (TF), bitcoin is managing to find support:Figure 1: BTC-USD, 2-Hour Candles, Low TF SupportThe zone outlined by the green line in Figure 1 represents local support that has kept the market afloat for the last week and a half. дальше »

2019-3-13 22:26


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Bitcoin Price Analysis: New High Paves Potential Reversal Setup

After days and days of consolidation, bitcoin finally managed to break a new high for the first time in almost two weeks. This new high, so far, has been short lived, however, as it was almost immediately sold into by eager bears:Figure 1: BTC-USD, 4-Hour Candles, New HighOur current 4-hour candle is seeing a relatively easy retracement after days and days of an upward grind. дальше »

2019-3-9 02:08


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Former Hacking Team Members Will ‘Transition Out’ of Coinbase

In an attempt to rectify the ongoing public relations nightmare for Coinbase, CEO Brian Armstrong has stated that former members of Hacking Team will be transitioned out of the company.   Lessons Learned? Earlier in February, Coinbase, the leading US-based cryptocurrency exchange, announced the acquisition of blockchain surveillance startup Neutrino. дальше »

2019-3-7 05:00


Ethereum (ETH) Price Analysis: Price Surge as Supply-Demand Dynamics Kick-In, up 7.7 Percent

Latest Ethereum News Good news is, the wait is over. Admittedly, there were some full node operators who didn’t take the last attempt nicely. In fact, there was a brief period of time when Ethereum did fork thanks mostly to Ethereum Foundation’s failure to timely disseminate information of the upgrade’s postponement. That was roughly a […] дальше »

2019-3-6 17:11


Cryptopia Launches Read-Only Website After Delay With Pre-Hack Balances

Cryptopia Launches Read-Only Website After Delay With Pre-Hack Balances Cryptopia has seen a rough couple of months. After a massive hacking in January, the exchange was forced to report the cyber criminals to local police and were even prevented from going into their office while the investigation continued. From the original hacking attempt to today, […] дальше »

2019-3-6 02:36


Bahrain Economic Board Sends Friendly Invites to Indian Cryptocurrency Businesses to Open Up Shop

In an attempt to boost Bahrain as a financial tech hub, the Middle Eastern country is seeking participation from Indian firms to become a part of the growing fintech space in the region. “Financial service sector is the second biggest contributor to the GDP behind oil and gas and the effort is to grow the […] дальше »

2019-3-5 01:05


Dow Slides Below 26,000 While Another Dip Spooks Bitcoin

The US stock market is quiet heading into February’s final trading session, with Dow futures virtually unchanged after the index slipped below 26,000 on Wednesday. The bitcoin price, meanwhile, has recovered above $3,800 while the cryptocurrency market braces for Ethereum’s second attempt at activating its long-anticipated Constantinople hard fork. дальше »

2019-2-28 17:01