There has always been a concern in accordance on how Bitcoin whales are able to manipulate the markets by dumping large quantities of coins at any given time. We have observed the results of this time and time again, the…
Binance CEO: Bitcoin Price Drop is Natural
Changpeng Zhao, CEO of Binance, the world’s largest cryptocurrency exchange in terms of trading volumes, said that the recent decline in Bitcoin’s price is classically normal. Bitcoin, the world’s largest cryptocurrency by market capitalization, has recently reached its’ three-month low.…
EOS and Litecoin Bounce Off Key Support Levels, Looks to Gain Upward Momentum – Technical Analysis
During the latest cryptomarket slump, EOS and Litecoin took major hits that decreased prices back to key support levels. As of press time, EOS trades at $11 over USD and 0.00167 BTC over Bitcoin, while Litecoin trades at $99 over…
5 Million Customers Attained by Philippine Bitcoin Wallet App Coins.ph
Coins.ph, a Philippine crypto wallet and payment platform, is taking the financial industry in the Philippines by storm. According to its website, Coins.ph has more than 5 million customers. Founded four years ago, Coins.ph operates different kinds of financial services,…
Cryptomarket Plummets Again, Bitcoin and Ethereum Struggles to Gain Upward Momentum – Technical Analysis
The cryptocurrency market took another downward turn after plummeting through the month of May and trading sideways through the first week of June. On June 9, Bitcoin price started plummeting and eventually bounced off the support level at the $6,100…
Is the Bitcoin Hype and Influence Already Fading Away? Is Bitcoin Dying?
At the peak of the cryptocurrency and Bitcoin (BTC) hype back in December, you often hear the mentioning of Bitcoin at some point during broadcasts on news channels, just like when you were having dinner or lunch with loved ones…
Cryptocurrency Market on Another Downturn – Bitcoin, Ethereum, Tron, Price Action and Technical Analysis
The cryptocurrency market took another sharp dive on June 10 with the total market capitalization going below the $300 billion mark. As of press time, total market capitalization is at $296 billion and Bitcoin price is hovering around the $6,700…
Bitcoin Triple Bottom Update: Strong Uptrend Incoming – Technical Analysis
After the crypto bloodbath that happened during the month of May, Bitcoin is seeing a decent comeback after plummeting back to the $7,000 level, forming a triple bottom. As of the time of writing, Bitcoin is trading at the $7,600…
Ethereum on a Crucial Point, MACD and RSI Indicate Bullish Signals on the ETH/BTC Trading Pair
Ethereum took a big hit during the recent crypto bloodbath throughout the month of May. After trading at the month-high at $830 over the US Dollar and 0.084 over Bitcoin, Ethereum is currently trading at $610 and 0.079 BTC. Looking…
3 Reasons Why Amazon Could Adopt Ripple and Why Amazon Should
Rumors about Amazon getting into the blockchain technology and utilizing cryptocurrencies have long been floating in the air. While there are not yet any official announcements by Amazon, here are three reasons why Ripple is a great candidate for Amazon’s…