Archive | April 1, 2018

Bitcoin Foundation cofounder: Crypto isn’t in a bubble — ‘bitcoin is the pin that’s going to pop the bubble’ – Business Insider

Business InsiderBitcoin Foundation cofounder: Crypto isn’t in a bubble — ‘bitcoin is the pin that’s going to pop the bubble’Business InsiderJon Matonis, who helped found the Bitcoin Foundation in 2012, told Business Insider: “To the people who say bitcoin’s a bubble, I would say bitcoin is the pin that’s going to pop the bubble. The […]

Ripple Price Technical Analysis – XRP/USD is Facing Significant Resistance

Key Highlights Ripple price is currently correcting higher, but it is facing a significant hurdle near $0.4900 against the US dollar. There is a crucial bearish trend line forming with resistance around the $0.4900 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair has to move above the trend line… […]

Bitcoin Price Technical Analysis for 04/02/2018 – A Few Bullish Hints

Bitcoin Price Key Highlights Bitcoin price is still trending lower, moving inside a descending channel on its 4-hour time frame. Price bounced off the mid-channel area of interest, though, and might be due for a pullback to the resistance. Bitcoin price also broke above a short-term descending trend line to signal a pickup in bullish… […]

Ethereum Price Technical Analysis – ETH/USD Could Recover Short-term

Key Highlights ETH price declined to a new low below the $360 level before finding buyers against the US Dollar. There is a key connecting bearish trend line forming with resistance at $385 on the hourly chart of ETH/USD (data feed via Kraken). The pair may move above the $385-390 resistance zone for a short-term… […]

Bitcoin Cash Price Technical Analysis – BCH/USD Could Decline Further

Key Points Bitcoin cash price is under a lot of pressure and is trading well below the $700 level against the US Dollar. There is a major bearish trend line forming with current resistance at $660 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair has to move above $660… […]

Bitcoin Price Watch: Currency Drops by $200 – The Merkle

Bitcoin Price Watch: Currency Drops by $200The MerkleBitcoin jumps a bit, then falls a bit. While nothing huge appears to be happening, bitcoin resistance levels seem stronger when compared to just three years ago. Previously, Thomas Lee of Fundstrat f…

Bitcoin Price Watch: Currency Drops by $200

Bitcoin has endured another small slump. After spending nearly 24 hours at $7,100, bitcoin’s price has dropped by $200 and now stands at $6,900. This has become something of a routine over the past two weeks. Bitcoin jumps a bit, then falls a bit. While nothing huge appears to be happening, bitcoin resistance levels seem […]

Sentimental of Easter: BTC Resurrects Following Midday Dump, Price of Bitcoin Returns to $7,000

With each coming day, the price of Bitcoin edges nearer and nearer to 2018 lows of just above US$6,000 achieved in early February. In the last days of March, Bitcoin saw yet another tumble, as the price saw an extended stay below $7,000, the longest period of time throughout 2018 spent in the 6k range. […]