Archive | June, 2018

Bitcoin Price Weekly Analysis: BTC/USD Showing Recovery Signs

Key Points Bitcoin price made a short-term low near $5,800 and bounced back against the US Dollar. There was a break above a key bearish trend line with resistance at $6,280 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is currently trading with a positive bias above the $6,000… […]

Bitcoin’s Price Not a Good Indicator of Value or Health

There is an obsession about Bitcoin’s price in the mainstream media, from reports about every single Bitcoin price fluctuation to predictions that Bitcoin’s price will go up by the tens of thousands of dollars or crash to zero in the future. The common theme among these stories is that Bitcoin’s price is an important indicator […]

Ethereum Price Weekly Analysis: Can ETH/USD Break This?

Key Highlights ETH price managed to recover higher after forming a low near the $404 level against the US Dollar. There is a monster bearish trend line formed with resistance near $456 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair has to move above the $456 and $480 resistance levels to… […]

Bitcoin Cash Price Weekly Analysis: BCH/USD Facing Tough Resistance

Key Points Bitcoin cash price started a new upside wave from the $650 support area against the US Dollar. There are two bearish trend lines formed with resistance at $770 and $810 on the 4-hours chart of the BCH/USD pair (data feed from Kraken). The pair must break and settle above the $800 resistance zone… […]

3 Reasons Bitcoin is Singing the Blues – Bitcoinist

Bitcoinist3 Reasons Bitcoin is Singing the BluesBitcoinistThe price of Bitcoin has been resting at around $6,000 recently — a disappointing 2018 low point. With so much talk and news coming out about cryptocurrency, many dejected investors are wondering ‘What is holding Bitcoin back?’ …

A look into Bitcoin’s troubled year – Digital Trends

Digital TrendsA look into Bitcoin’s troubled yearDigital TrendsLast year, Bitcoin seemed nearly unstoppable. The world’s most popular cryptocurrency rose to just under $20,000 and saw people investing heavily in the cryptocurrency rather that be through buying directly or simply buying the hardware needed to mine it.and more »

OKEx Confirms Platform Is Safe from Alleged USDT Deposit Issue

The cryptocurrency industry has grown tremendously over the past few years. An influx of new users has occurred, although it seems there has also been a lot more attention from criminals. As such, exchanges need to be wary of any developments which could pose a threat to their businesses. The recent USDT fake deposit issue, […]

DeadCoins Brings Attention to 800 Lifeless Cryptos

Initial coin offerings (ICOs) were the talk of the town last year, drawing the eyes and ears of worldwide investors. However, DeadCoins has reported that over 800 cryptocurrencies now lay lifeless, with many of these projects enlisting business practices reminiscent of scams.  ‘DeadCoins’ Says Over 800 Cryptocurrencies Now Lay Lifeless DeadCoins, a collection of cryptocurrency… […]

High Fidelity Bridges the Gap Between EOS and Virtual Reality

Even though there is no obvious connection between cryptocurrency, blockchain, and VR, things are evolving in an interesting direction. High Fidelity is building a VR ecosystem on top of the EOS blockchain. As such, the company has raised $35 million in funding to build distributed social VR worlds. EOS Blockchain Meets Virtual Reality The emergence […]