Category: Trading
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Bitcoin, Etheruem, XRP, and Litecoin could be preparing for a bloody weekend
A number of technical indicators are signaling that the entire market is susceptible to a downturn over the next few days, or even hours. Here are different scenarios for Bitcoin, Ethereum, XRP, and Litecoin and where they could be heading next. Bitcoin In the last five days Bitcoin surged over 13 percent from a low…
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VanEck: Bitcoin improves portfolio upside, potential as “digital gold”
VanEck, known as the first U.S. investment manager to bet on gold before it broke from the gold standard, produced a report pitched at institutional investors arguing Bitcoin has “monetary value” and can improve portfolio upside. Released Wednesday by the New York-based firm, “The Investment Case for Bitcoin” outlines an exhaustive list of reasons why…
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Altcoins including TRON, Cardano, Chainlink on the run
Some of the top altcoins by market capitalization—including TRON, Cardano, and Chainlink—began surging over the last few hours. As they absorb a bigger share of the market it could mark the beginning of a new altseason. Market dominance The altcoin market share has mostly been contained within an ascending parallel channel since June 2013. From…
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Chainlink up 100% but signals a correction before further advance
Chainlink is on a tear, but it seems like LINK’s uptrend could be interrupted before it continues advancing. Chainlink technical analysis Since mid-December 2018, Chainlink went through an exponential bullish impulse that saw its price increase nearly 25-fold. But, on June 29 this cryptocurrency finally reached an exhaustion point at $4.80 that triggered a correction.…
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Ethereum may have bottomed against Bitcoin says renowned technical analyst
One of the most prominent cryptocurrency technical analysts, Peter Brandt, thinks that Ethereum may have bottomed against Bitcoin. Bottoming against BTC Ethereum has been on a steady decline for over the last two years after peaking at nearly 15.3 million satoshis on June 13, 2017. Since then, the cryptocurrency has been making a series of…
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Market Outlook: Leading Cryptocurrencies Attempt to Break Resistance
Digital currency markets have started to show strong signs of recovery after dropping to new lows last week. On Monday, a number of cryptocurrencies gained between 2-5% over the course of the day. Crypto prices have held steady into the next day and many digital assets will likely test key resistance levels in order to…
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NIXT – Nexinter Launches Exchange Offering Using SLP
Today, NextHash and Bitcoin.com have entered a technical partnership to design and structure the NIXT utility token. NIXT token is being listed in its fully operational exchange Nexinter on top of Bitcoin Cash, using the Simple Ledger Protocol (SLP) framework. The Simple Ledger Protocol whitepaper was published last July and the project launched in August…
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Bitcoin trading indicator turning bullish affirming chance to rally to $9,800
Bitcoin remains on the cusp of surging to $9,800 or dropping to $6,500 as one technical index turns bullish. Bitcoin technical analysis Following a 19 percent drop to $7,730 on Sept. 30, Bitcoin seems to have found support around the 100-week moving average. As seen in previous bull markets, this moving average has the potential…
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McAfee to Launch Decentralized Token Exchange With No Restrictions
On the heels of launching his crypto platform, McAfee Magic, the former antivirus software tycoon John McAfee plans to launch a distributed exchange on Monday, October 7. ‘McAfeedex’ will run on the Ethereum blockchain and McAfee insists the exchange will have no restrictions. Also Read: Protesters Wield Tools of Freedom as Hong Kong Imposes Dictatorship…
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The Exchange for the New Generation — Bitsoda.com Launches Globally
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. The Singapore-based exchange, Bitsoda.com, is the newest force in digital asset trading platforms. Invested by Digital Finance Group…