The blockchain and crypto analytics firm helps the average trader understand what exactly happened for the price of BTC to fall to $3,600. Chainalysis posted their report for the BTC market for March 2020. According to the blockchain and crypto analytics firm, exchanges have experienced a huge inflow of BTC since March 9, receiving nearly […]
Ethereum and the entire crypto market has continued trading sideways today despite the decline seen in the U.S. stock market, with Bitcoin showing some signs of breaking its correlation with the traditional markets. Analysts are now noting that the strong support Ethereum has established within the lower-$100 region may just be enough to send it […]
Tether’s USDT money printer is up and running again, and it could be a sign of what’s to come next for Bitcoin and the aggregated cryptocurrency market. It now appears that Tether has issued a whopping $161 million worth of USDT over the past 24-hours, putting the total number of new USDT issued over the […]
With each passing day, the global government is revealing more and more economic stimulus and bailout budgets to prevent further collapse of the economy and save corporations critical to civilization as we know it. But the more the government overspends, the more bullish the case for Bitcoin – an asset that’s value could climb significantly […]
Status, the Ethereum-powered mobile app for interacting with the blockchain with messenger and wallet features; today announced very useful updates since the app was launched in its full version last month. First, it’s now possible to import other Ethereum addresses using a private key or seed phrase inside the wallet. This enables users to manage […]
The daily Bitcoin (BTC) trading volume of Venezuelan peer-to-peer (P2P) exchanges has been on the rise over the past two weeks, as President Nicolas Maduro has ordered the nation to go into quarantine as part of measures to contain the coronavirus pandemic, reports Decrypt on March 17, 2020. Venezuelan Banks Shut Down Indefinitely The coronavirus […]
Except for 2017 and 2019, when Bitcoin performed relatively well, Q1s have been brutal for the most valuable coin. For comparison, in 2014, the coin plummeted 39%, dropped 23% in 2015 before recovering in 2016 with a 3% loss. However, Q2, prices swell as buyers throng into the asset. Last year, Bitcoin prices bottomed up […]
Bitcoin is showing signs of a decent recovery above $5,000 against the US Dollar. BTC price could recover further towards the $6,000 resistance, where the bears are likely to take a stand. Bitcoin is slowly rising and it is trading nicely above $5,200 against the US Dollar. A break above $5,600 is likely to lead […]
Opera browser is now allowing U.S. customers to buy Bitcoin (BTC) and Ether (ETH) via Apple Pay or debit cards. Opera Browser Debuts Bitcoin Purchase Option According to ChainNews, Opera Browser has debuted Bitcoin and Ether purchase options for its U.S. customers. The move comes following a successful partnership with Wyre — a crypto money […]
The Financial Conduct Authority (FCA) recently added a crypto exchange company, Bitcoin Evolution, to its warning list. According to the U.K. regulator, residents should be cautious of the platform, as is not authorized by the FCA to operate in the country. Bitcoin Evolution Operating Illegally in the U.K The FCA issued the warning via its […]
Bitcoin is in big trouble after a historic selloff, and the world may be facing its gravest situation yet in the face of a global pandemic and recession. With Bitcoin designed to withstand a recession and having certain attributes that make it immune to the current challenges, the world is facing, will the first-ever cryptocurrency’s […]
Although there are many investors anticipating Bitcoin will fall once again, citing the global uncertainty that is epitomized by the Dow Jones’ record 3,000-point loss on Monday, there are some reasons to believe the cryptocurrency may soon mount a recovery. Related Reading: Crypto Tidbits: Bitcoin Plunges 50%, COVID-19 Cases at Ethereum Event, Central Banks Inject […]
Although the crypto market is as volatile as ever, data continues to pour in suggesting that prices will soon rebound. One analyst has now presented evidence that Bitcoin has dropped into a value zone that has rarely happened in its eleven year history. If correct, a short window now exists that places Bitcoin at a […]
The UK’s financial regulator has warned crypto investors and traders that Bitcoin Evolution isn’t authorized to operate in Britain. They’ve said that the service could be a scam. Unauthorized Firms Shouldn’t Do Business in UK, FCA Says The UK Financial Conduct Authority (FCA) accused Bitcoin Evolution, which provides a crypto trading application, of operating on […]
Bitcoin is currently rising and showing positive signs from the $4,350 swing low against the US Dollar. BTC price is likely to accelerate higher towards $6,000 if it settles above the 100 hourly SMA. Bitcoin is recovering nicely from the $4,350 and $4,500 support levels against the US Dollar. It is back above the $5,000 […]
A number of attendees who contracted COVID-19 at an Ethereum conference in Paris have gone public with their diagnoses in what some are calling an act of “radical transparency.”
Zimbabwe’s central bank, the Reserve Bank of Zimbabwe (RBZ) is making plans to regulate the cryptocurrency industry, as there is a draft policy framework underway. A robust regulatory framework in place will see the development of the crypto sector in the country. RBZ to Regulate Crypto Businesses According to a report by the Chronicle on […]
As institutions unload bitcoin, crypto’s traditional base – retail investors – is doing most of the buying, market participants said.
Effectively, this is “QE4,” the fourth major round of quantitative easing by the American central bank since the global financial crisis a little more than a decade ago.
The time is ripe for another round of scams and shady schemes, as the coronavirus panic is used to extort potential Bitcoin buyers. Beware of scammy schemes or shady exchanges. Scammers May Seek Naive Bitcoin Investors at Times of Panic Scammers may be hunting for naive Bitcoin investors during times of panic. The latest Coronavirus […]
Bitcoin is likely forming a double top pattern near the $6,000 resistance against the US Dollar. BTC price remains at a risk of a sharp decline below $5,000 if it fails to recover above $6,000. Bitcoin is showing a few bearish signs below the $6,000 and $6,200 resistance levels against the US Dollar. There is […]
Bitcoin miners spent $500M+ over the past six months preparing for May’s “halving”. Last week’s price crash means they may wait longer for the payoff.
Faster and more powerful computers mean that stock trading can happen at rapid speeds. (Shutterstock) Financial forecasting involves predicting an organization’s financial future. It typically considers a history of prices, trading volumes or other predictors such as financial statements, interest rates and commodity prices to predict what is called the target variable. Accurate forecasting can […]