Archive | September 8, 2018

Crypto Week In Review: Coinbase Ponders ETF, Market Sees Violent Decline

Arthur Hayes, the CEO of BitMEX, predicted that once summer comes to a close, as it is now, the crypto market would see a resurgence in activity. So far, it seems that his prediction has come true, with the past week hosting a flurry of developments that have or will have an influence over this… […]

Bitcoin Price Weekly Analysis: BTC/USD Decline Could Extend to $5,950

Key Points Bitcoin price is bleeding and it could extend its slide below the $6,100 level against the US Dollar. There is a connecting bearish trend line in place with resistance at $6,300 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is clearly under pressure and it may perhaps… […]

Ethereum Price Weekly Analysis: ETH/USD Remains Sell on Rallies

Key Highlights ETH price is under heavy selling pressure as it recently broke the $200 support against the US Dollar. There is a major bearish trend line formed with resistance at $205 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair remains sell on rallies near the $200, $205 and $210 levels… […]

Bitcoin Cash Price Weekly Analysis: BCH/USD Could Decline to $440

Key Points Bitcoin cash price is under a lot of pressure as it broke the $500 support against the US Dollar. There was a break below a major bullish trend line with support at $540 on the 4-hours chart of the BCH/USD pair (data feed from Kraken). The pair is now trading below the $500… […]

The Ledger: Goldman’s Bitcoin Fake-Out, Elon Musk High on Ethereum, Tezos Gets Gaming – Fortune

FortuneThe Ledger: Goldman’s Bitcoin Fake-Out, Elon Musk High on Ethereum, Tezos Gets GamingFortuneApparently, the pullback from one of Wall Street’s biggest, boldest-faced names spooked investors, provoking a selloff for Bitcoin and it’s brethren. Over the course of the day, the price of Bitcoin dropped about $1,000 to roughly $6,400—and it has …and more »

Official launch of Liquid, a new crypto platform opening up liquidity for crypto markets worldwide

– Liquid accessibility to bolster sector-wide liquidity – TOKYO, Japan, 7th September 2018 – Global fintech company Quoine has unveiled Liquid, a cryptocurrency one-stop trading portal, which will allow users to access a worldwide network of cryptocurrency exchanges. At launch, Liquid allows users to match trades across multiple transactions and cryptocurrencies. For example, the orders […]

Analysis: “Uncanny” Correlation Between The Long-Term Bitcoin And Gold Charts – Ethereum World News (blog)

Ethereum World News (blog)Analysis: “Uncanny” Correlation Between The Long-Term Bitcoin And Gold ChartsEthereum World News (blog)Since Bitcoin’s inception a decade ago, many have likened this decentralized digital asset to gold, with some dubbing Satoshi’s brainchild as a form of “digital gold.” This connection may be drawn due to the fact that the two individual assets […]

Ethereum Co-Founder: Blockchain Growth Based on Marketing is Hitting a Dead End

Ethereum co-founder Vitalik Buterin is of the opinion that the cryptocurrency market is unlikely to experience an explosive bullish rally similar to the one seen in late 2017 ever again. The ‘gold rush’ is in the past and now the average person is aware of blockchain and digital currencies, thus erasing the surprise element of… […]

Bitcoin Price Watch: Currency Falls Again as Enthusiasts Try to Stay Positive

At press time, the bitcoin price has fallen even further, and is now sitting at just over $6,100. That means bitcoin has dropped by over $300 since yesterday, and over $1,000 in about a week. The bull run that enthusiasts were allegedly seeing is now a thing of the past, and we are back in […]