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.…
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 Forms Flag Pattern on Four-Year Log Chart, Decisive Move Ahead – Technical Analysis
The Bitcoin price action during the month of May was relatively bearish. After rejecting the $10,000 mark twice, Bitcoin plummeted back to the $7,000 support level. As of press time, Bitcoin is trading at the $7,400 level after a successful…
Bitcoin and ICOs to Be the Center of the SEC Investor Conference on June the 13th
There will be an SEC conference for investors slated for the 13th of June according to an announcement by the United States Securities and Exchange Commission. The town hall meeting will be held in the city of Atlanta at the…
Crypto Bloodbath Gets Extended, Bitcoin Forming a Triple Bottom – Technical Analysis
The crypto bloodbath that started during the first week of May seems to be having an extension as crypto prices continue to plummet during the weekend. Prices of the top cryptocurrencies got pulled back to the March 31 lows, which…
Next Move for Bitcoin is Crucial, Fibonacci Retracement Shows Bull and Bear Scenarios – Technical Analysis
Since having a nice bull run during the month of April, Bitcoin has struggled to keep momentum opening the month of May. After hitting the resistance level at the $10,000 level on the first week of May, Bitcoin price plummeted…
Top Cryptocurrencies of 2015 – Gain Thousands in Percent in Three Years
While crypto downtrend has been happening through early 2018, a comparative study of the cryptomarket of 2015 versus the cryptomarket of today reveals huge growth. If the current prices of the currencies were compared to those listed on Coinmarketcap’s historic…
Bitcoin Price Nosedives Heading into Death Cross Again – Technical Analysis
The cryptocurrency market is experiencing another down trend. The top 20 cryptos are currently sitting at losses, with the exception of Tron, which is making a decent bounce. Bitcoin is trading at $8,340 as of press time. The month of…