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Bitcoin Price Analysis: Bullish Setups Could Break Current Market Structure

The cryptomarket remains coiled as we lead into the weekend with no new highs and no new lows being established for bitcoin. However, it is nicely consolidating on lower time frames and hints toward the possibility of another leg up:Figure 1: BTC-USD, Hourly Candles, Consolidating PennantThe pattern shown in Figure 1 outlines a potential continuation pattern called a “bullish pennant. дальше »

2019-2-23 02:23


The Importance of Rakuten Releasing Its Mobile Pay App and Being Crypto-Friendly is Quite Impactful

Rakuten has announced that it will release a major update of its Rakuten Pay mobile app on the 18th of March, 2019, According to the Japanese e-commerce firm’s 2018 earnings release, published on the 12th of February, there appears to indicate a cryptocurrency payment in addition to its previous declaration The firm’s presentation material for […] дальше »

2019-2-21 20:29


Bitcoin Mining Giant Bitmain Reveals $500 Million Loss; End of the IPO Dream?

The world’s largest maker of cryptocurrency mining equipment Bitmain made a $0. 5 billion loss in 2018’s Q3, CoinDesk reports. Citing a source who viewed an update that was filed with the Hong Kong Stock Exchange the publication also reported that Bitmain generated revenues of more than $3 billion during the first three quarters of 2018 with only $200 million being generated in Q3. дальше »

2019-2-19 16:53