Bitcoin has baffled many minds as an emerging asset class. The determination of the price of Bitcoin [BTC] doesn’t actually end with the supply and demand curve. Price discovery of BTC has been one of the biggest challenging issues due to round the clock trading, global presence, lack of complete trading data apart from ledger
The majority of crypto traders have also confirmed bottom on Bitcoin according to their independent analysis. The bears which started placing short orders at $4000 have been eagerly waiting for a correction. However, Bitcoin’s rise of about 50% from then has had many shorts liquidated or closed at a loss. Bitcoin, currently, is very less affected
Bitcoin broke above the $5,500 mark on 23rd April 2019. The bullish run since the beginning of the month was laid with Fear, Uncertainty, and Doubt (FUD). Various traders marked it is as the ‘no trade zone.’ However, Bitcoin has broken above an ascending triangle is formed on the daily chart after the bull run.
Tone Vays, one of the most prominent Bitcoin traders and analyst recently conducted a long 5-Hour debate session, where leading analyst and traders of the space lent their voice. The topic of the debate was ‘Has Bitcoin Bottomed?‘ The section of debaters for the motion included Murad Mahmudov, Willy Woo, and David Puell, who noted
Hi Readers, welcome to cryptocurrency price analysis for the week. Do not forget to check movers and shakers for this week at the last of the article. Bitcoin (BTC) Sentimentally positive for Bitcoin as the prices turn stable again and hover around USD 5100-5200 mark. The prices hit the high point for Bitcoin were at
In their new research report, ‘Entering the Ethereum‘, Delphi Digital has outlined and analyzed the short and long term sustainability of Ethereum with the coming updates and stiff competition. Ethereum 2.0, the serenity update is expected to be completed by the year 2021 (estimated). The new serenity update will implement PoS and sharding to improve
Bitcoin completes the second week after its surprising bullish action on 2nd April with comparative stability. The price of Bitcoin at 3: 30 hours UTC on 16th April 2019 is $5066. It is trading 2.33% lower on a daily scale. On the weekly scale, it is trading 2.2% lower. Bitcoin still in ‘no-trade zone’ Commenting
Hi Readers, welcome to cryptocurrency price analysis for the week. Do not forget to check movers and shakers for this week at the last of the article. Bitcoin (BTC) Bitcoin saw some positive sentimental moves this week as the top coin was up 1.12%. The good thing about Bitcoin is that it still hodls itself
The bullish week of Bitcoin closed on a high on Tuesday as Bitcoin continued to stay stable above the $5200 mark. The swift rise occurred on 2nd April at around 5: 30 hours UTC, when Bitcoin broke above the $5000 mark to record an instantaneous high of 21.6%. The price of Bitcoin [BTC] at 5: 00 Hours
Bitcoin breaks below the $4000 down mark, dragging the cryptocurrency market along with it. The total market capitalization of cryptocurrency markets also broke below the $140 billion mark. The price of BTC at 5: 00 hours UTC on 26th March is $3965. It is trading 1.5% lower on the daily scale. Bitcoin has built strong
Hi Readers, welcome to cryptocurrency price analysis for the week. Do not forget to check movers and shakers for this week at the last of the article. Bitcoin (BTC) Another green week for Bitcoin, as the top coin saw some positive sentimental moves this week with a rise of over 1.41%. Bitcoin was able to break
Well after a sluggish start to the week, crypto markets were resurgent again and produced a small rally with the overall market cap rising by USD 6 billion. While Bitcoin could break the shackles to cross USD 4000, XRP and Bitcoin Cash just could draw a modest growth of below 2% Sentiments drive the rally,
Hi Readers, welcome to cryptocurrency price analysis for the week. Do not forget to check movers and shakers for this week at the last of the article. Bitcoin (BTC) Bitcoin has again been stable this week with dropping less than a percent. The good thing about Bitcoin is that it still holds itself above USD
DX Exchange plans to tokenize financial markets DX Exchange of Estonia, this week announced, that it will soon launch the tokenized versions of some of America’s biggest companies in European markets. The exchange runs on the Ethereum blockchain with tokens backed by the actual equity shares of leading companies in America that will be traded
In the ongoing Mt. Gox bankruptcy case, the former CEO claimed he was innocent Mt Gox was the number one cryptocurrency exchange with 70% market share. However, the exchanges fame dint last too long as it filed bankruptcy in 2014 and closed its operations. While the claim proceedings are still in process, in Tokyo court,
Congressmen Darren Soto introduces the Token Taxonomy Act This week again Democrat Darren Soto, alongside fellow Congressman Warren Davidson, introduced the Token Taxonomy Act. The new bill plans clear up the confusion around the classification of cryptocurrency. Most importantly, it states that a digital asset is no longer security once it becomes a fully functioning network.