The bullish move for Bitcoin continues as price action managed to break major resistance levels in the past three days. As of press time, Bitcoin is trading at the $8,335 level. Total market capitalization is now at $300 billion and…
Bitcoin Struggles to Hold Key Fibonacci Level, Altcoins Tumble – ETH, XRP, BCH, EOS Technical Analysis
When Bitcoin rallies, altcoins retreat. Three days ago, Bitcoin price recorded more than 10% gains and is currently consolidating around the $7,450 level, which is the 0.382 Fibonacci level. As of press time, Bitcoin price is at $7,478, total market…
Crypto Business in the Philippines: P3.6 Billion Expected from License Issuance for Entry of Approved Cryptocurrency Exchanges
Last April, the Philippine government has approved the entry of cryptocurrency exchanges to conduct business in the Cagayan Economic Zone Authority (CEZA). These legalized exchanges will enjoy tax benefits, will be allowed to offer Initial Coin Offerings (ICOs), and may…
Bitcoin Shoots Up, Breaks Through Downward Trend and Major Resistance – Technical Analysis
Out of nowhere, Bitcoin price shot up by more than 10% and recorded almost $700 in gains in just the past 24 hours. During this sudden price rally, more than $20 billion flooded into the crypto market. After hovering around…
Terms, Slangs, and Jargon: Cryptocurrency Words You Need to Know
Since the overhyped attention during the last quarter of 2017 when Bitcoin price skyrocketed, cryptocurrencies have become a huge buzz word in the world of mainstream media. If you are new to the crypto space, you may be confused at…
Bitcoin Heading Back to Triple Bottom Support, ETH Resumes Downtrend – Technical Analysis
The slight market recovery that started on the first week of July is currently seeing a corrective move. As of press time, total market capitalization is back to the $250 billion level. The top 20 cryptocurrencies listed on CoinMarketCap is…
Bitcoin Bounces Off Triple Bottom Support, NEO Gains Upward Momentum – Technical Analysis
After the 2-month slump that started on May 5, cryptomarket prices are making a bounce back to upward trend. As of press time, total market capitalization is around $270 billion, and looks to break the $300 billion mark in the…
Top 4 Altcoins Tumble with Bitcoin’s Slump – Ethereum, Ripple, Bitcoin Cash, EOS Technical Analysis
The cryptocurrency market is still in turmoil. As of press time, Bitcoin is trading at $6,090 trying to hold support, Bitcoin dominance is at 42%, and total market capitalization is sitting at the $245 million level. These numbers indicate that…
Bitcoin and NEO Prices Continue to Slide as Cryptocurrency Market Struggles to Recover – Technical Analysis
Nearing the close of the month of June, the cryptocurrency market is struggling to recover in overall prices. As of press time, total market capitalization is only at the $250 billion level with Bitcoin dominance hitting the 42% mark. This…
Bitcoin Price Drops Anew, Indicators Show Possible Further Price Loss
Just as Bitcoin started to recover during the opening week of June, the price slump continued, which dropped Bitcoin price back to the February 6 lows. Total market capitalization is currently down at the $260 billion level. As of press…