The Crypto News Site
At long last, CNBC’s “Fast Money” segment has covered the cryptocurrency space again. Interestingly, the show’s contributors expressed optimism, even as many pundits have concluded that Bitcoin (BTC) and other digital assets remain embroiled in a battle with bears. But why do they hold a hopeful attitude? Bitcoin Thawing After Crypto Winter The past few […]
It took six months for the Bitcoin price to register a positive 30-day performance. The world’s leading digital asset, which continues to be in its most extended bearish cycle, corrected 10.4% to the upside in February. It marked the third time in the past 12-months that bitcoin registered a profitable month, the last being July […]
View Bitcoin’s three-day chart is showing a bullish crossover of the 5- and 10-day exponential moving averages for the first time since July. The crossover looks decisive as both EMAs are now trending north, validating the bearish-to-bullish trend change signaled by the high-volume triangle breakout seen on the 3-day chart. The cryptocurrency could test December […]
For the first time since July 2018, Bitcoin (BTC) is on track to record its first green monthly candle, recording a positive month, According to cryptocurrency trader Josh Rager, if the Bitcoin price remains above the $ 3,414 mark by the end of February, BTC will establish a green monthly candle. “Bitcoin is working on […]
While 2018’s lethargic crypto market crawl has continued into early-2019, save for Friday’s sudden buy-side influx, analysts have begun to express optimism. Case in point, Fundstrat Global Advisors, a New York-headquartered investment advisory outfit, expressed why the outlook for Bitcoin and other cryptocurrencies could improve over 2019. Fundstrat Expects Bitcoin Fundamentals To Improve In a […]
By CCN.com: In 2018, with the exception of Bitcoin and several other crypto assets, the majority of cryptocurrencies fell by more than 90 percent against the U.S. dollar. Executives in the crypto space, especially those leading new initiatives and businesses in the emerging industry, believe that the bear market has presented companies with positive opportunities […]
Barron’s reported early Monday morning that Citigroup stock had “slumped” after a positive earnings report that also showed a substantial revenue miss, but by the time of writing the trend was reversing on the NYSE. Citigroup (NYSE:C) is the fourth largest US bank with nearly $ 2 trillion in assets. Citigroup posted earnings of $ […]
The US stocks opened Wednesday on a higher note as President Donald Trump signaled positive outcomes of their trade talks with China. The Dow Jones Industrial Average jumped 0.5 percent to 23902 points after adding 115 points while the S&P 500 gained 0.3 percent. The Nasdaq Composite Index surged by 43.2 – or 0.6 percent […]
Ever since Bitcoin touched the low-$ 3,000 region in mid-December, its price has been gradually increasing and just yesterday broke above the $ 4,000 price level for the first time in a couple of weeks. Bitcoin’s relatively positive price action since it set its 2018 low around $ 3,200 has led one widely viewed technical […]
Henri Arslanian It’s Christmas and the year is drawing to a close. It’s that time of the year where traders take stock of their investments and prepare for the future. Oddly enough, 2018 seems to be ending on the same note as it started—with mixed feelings. However, while views on the average performance of the crypto […]
Advertisement Mike Novogratz, Jim Breyer, and Tim Draper are some of many billionaire investors in the traditional financial market who remain optimistic towards the long-term trend of crypto. How are these investors able to maintain their positive stance in regards to the growth of the cryptocurrency sector following an 85 percent decline in valuation across […]
Advertisement The market is still in the red and it seems it would be staying that way for a while. With the latest “fall” in the crypto market, skeptics have been speculating on whether Bitcoin and its compatriots could mount a quick comeback and shake off this bearish run. However, in the midst of all this […]
Fundamentals are extremely bullish and with regulators amending/formulating new laws, it’s clear that Bitcoin is here to stay. That could explain the increasing level of use, institutional interest and more funds for infrastructure development. Latest Bitcoin News Thing is, poor policies can cause irreparable damage for an economy. Unfortunately, then ordinary citizens bore the full […]
Key Highlights ETH price slowly recovered and moved above the $ 130 and $ 132 resistances against the US Dollar. Yesterday’s major bearish trend line was breached with resistance at $ 132 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to climb towards the $ 151 resistance level in […]
It’s not what maximalists want to see but for institutions to flock in then regulators must be in the picture. This is part of the reason why the launch of Bakkt Daily Bitcoin futures has been put off to Jan 24, 2019. Hopefully, if all requirements are met and goes live in Jan 2019 then […]