The security of digital assets came under the spotlight again as one well-known crypto exchange was unable to process users’ withdrawal demands due to poor management, internal errors and other reasons. In order to avoid centralized financial institution, bitcoin was designed as a peer to peer system at the beginning. Nevertheless, all current mainstream exchanges […]
Traditional financial markets are plunging today amid fears of the spreading coronavirus. While indices and stocks tumble across the globe, gold is increasing as investors turn to it as a safe haven. It reached its highest point since 2013. Amid this uncertainty, it’s interesting to see where Bitcoin’s price will go next. Stock Markets Plummet […] The post Bitcoin Looking Healthy At $9,800 As Global Markets Tumble Amid Coronavirus Fears appeared first on CryptoPotato.
CryptoPotato: Ethereum Price Analysis: ETH At Crucial Resistance Against Bitcoin, May Start To Consolidate
Etheruem has now increased by a total of 7.10% this week as the cryptocurrency edges toward $270. The bullish momentum has been fading. However, the buyers are still battling to stay present in the market. ETH made another attempt to break the 2020 high-day closing price today at 0.0278 BTC. Key Support & Resistance Levels […] The post Ethereum Price Analysis: ETH At Crucial Resistance Against Bitcoin, May Start To Consolidate appeared first on CryptoPotato.
The low volatility in the market pushed the top three altcoins by market capitalization, Ether, XRP, and Litecoin, into a stagnant phase. The following technical analysis evaluates whether these cryptocurrencies...The post Ethereum, XRP, and Litecoin Stagnant, Investors Fear Steeper Decline appeared first on Crypto Briefing.
Despite the latest price drops, Tezos continued to hold the 10th position in terms of market cap. XTZ pairs keep showing weakness as bears charge toward key support levels. Tezos broke down from a strong bullish area after losing 9%. XTZ/USD: Tezos Prepares For Huge Drop Following Wedge Breakdown Key Resistance Levels: $3.6, 3.9, $4.2 […] The post Tezos Price Analysis: XTZ Plummets 12% Overnight As Bears Seemingly Take Control appeared first on CryptoPotato.
IOTA has seen its price surge by more than 12% in the past 30 days, despite its network being offline for nearly two weeks due to a hack. The price...The post IOTA Up 12% Despite 11 Days Offline appeared first on Crypto Briefing.
The AnChain.AI team reconstructed FCoin’s Bitcoin on-chain exchange flow timeline based on the official cold wallet, and revealed interesting insights on their original 25,000 Bitcoin funds months before the FCoin shutdown announcement. Is FCoin facing technical difficulties, or is it executing a planned scam? I. FCoin Shutdown Announcement The crypto community was shocked by FCoin’s […]
• LTCUSD sitting at resistance—might possibly retest $85 soon if it fails; support is still seen at $65. • Price still trades in an uptrend. LTC/USD Medium-term Trend: Bullish • Resistance Levels : $80, $90, $100 • Support Levels: $35, $25, $15 Just like usual, Litecoin is leading the crypto market in terms of price […]
In a landmark case involving ‘reversing traders‘ on Exchanges, a Singapore court has ruled against the practice. Trader, alias B2C2 wins over crypto exchange operator, Quoine
Crypto Market Starts Week Under Pressure — BTC, ETH, LTC Price Analysis, 24 Feb 2020By Bitvalex on The CapitalOn Monday, February 17th, the prominent cryptocurrency bull Max Keiser updated his long-term Bitcoin price target from $100,000 to $400,000 while speaking with conspiracy theorist Alex Jones during a show called “Infowars”. In addition, Keiser clarified that “ the good news… is that Bitcoin at $10,000 or $9,300 is equally as attractive as it was when it was $100”.On Tuesday, February 18th, BLOCKTV published a video of an interview with Marek “Slush” Palatinus, the core programmer of hardware wallet Trezor. In the interview, he explained that the interest in cryptocurrency is growing steadily and that’s why Trezor’s main goal for the next couple of years is to onboard new people to the cryptocurrency world.On Thursday, February 20th, Sveriges Riksbank, Sweden’s central bank, announced the launch of a pilot project called “e-krona”. The main objective is to create, in an isolated test environment, a digital krona that is simple-to-use and based on the Distributed Ledger Technology (DLT).And, although the positive sentiment still dominates among the cryptocurrency users, during the first day of the current week the crypto market is under pressure. Most of the cryptocurrencies are trading in the red zone. At the moment, according to Coin360.com, one Bitcoin costs €8,966.50 (-1.94%), one Ethereum-€245.72 (-2.06%), and one Litecoin-€70.15 (-3.03%):Daily crypto market performance. Source: Coin360.comBTC/EUROn the 6-hour chart (6H), the price of Bitcoin continues to consolidate near the lower line of the “ascending channel”:We don’t expect any significant price increase in the next few days. That’s why the most probable scenario is a price consolidation near the lower line of the “ascending channel” (or €9.250) and slightly above the upper level of the support range (or €8,750).ETH/EUROn the 12-hour chart (12H), the price of Ethereum is fluctuating between the starting point of the “descending channel” (or €225) and the level of the last local high (or €265):In our view, the main part of the ETH/EUR chart will stay within the broad range mentioned above, at least till the end of the week.LTC/EURIn the 4-hour time frame (4H), last week the price of Litecoin stabilized within the support range between €64 and €71 per one digital coin:As seen in the chart above, LTC/EUR is trying to draw an “ascending channel”. It is very likely that the price of Litecoin will continue to hover near the lower line of the channel. Thus, it may advance to the level of the previous local high or €77.50.Stay updated on everything Bitcoin-related with Bitvalex. Bitvalex is a licensed digital wallet and cryptocurrency exchange; learn more about us and blockchain technology and sign up to use our services.The analysis is purely informational and does not constitute investment, financial, trading, or any other sort of advice and you should not treat any of Bitvalex’s content as such. Bitvalex does not recommend that any cryptocurrency should be bought, sold, or held by you. You are solely responsible to conduct your own due diligence and consult an advisor before making any investment decisions.Originally published at https://bitvalex.com.The Capitalhttps://medium.com/media/3b6b127891c5c8711ad105e61d6cc81f/hrefCrypto Market Starts Week Under Pressure — BTC, ETH, LTC Price Analysis, 24 Feb, 2020 was originally published in The Capital on Medium, where people are continuing the conversation by highlighting and responding to this story.