People buy Litecoins and Bitcoins not only for trading but for placing bets on the 22Bet sportsbook or traveling. Want to familiarize yourself with cryptocurrencies? Use these platforms. TradingView TradingView is one of the most popular platforms allowing traders to share their market forecasts and make accurate technical analysis. The main advantage of the service are …
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Although many people still do not know all the crypto market’s intricacies, most of us understand its basic concept. Most people know that it involves trading, like all the other currencies in the world, however, some aspects connected with Bitcoin and other cryptocurrencies make it look more like an investment or gambling. Here is what …
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China bitcoin miners activities in the country are being seriously disrupted after several crypto mining firms halted their operations in the country. This latest setback for bitcoin comes as the crypto market is being dealt blow after blow, causing major turmoil that’s not been seen since the beginning of this year. Some of the firms …
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Bitcoin Price Continues to Downsize – May 24As it continues to downsize, the market operation of BTC/USD has continued downsizing most of the higher values obtained during successful bullish-run sessions. As of writing, the market’s lowering trade zone is now at around the level of $34,094 at an increase of about 0.80%. BTC/USD MarketKey Levels:Resistance …
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Bitcoin Price Prediction – May 22 Currently, the daily chart reveals that Bitcoin (BTC) lacks strong resistance on the upside. BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $45,000, $47,000, $49,000 Support Levels: $30,000, $28,000, $26,000 BTCUSD – Daily Chart BTC/USD is hovering at $38,076.65 facing the key resistance of $40,000 but it’s …
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Bitcoin (BTC) Price Prediction – May 21, 2021 On May 19, Bitcoin plunged to $29,563 and pulled back as Bitcoin approaches $30,000 . Bitcoin corrected upward but the upward correction was repelled at the $42,500 high. For the past three days, Bitcoin has been confined between $35,000 and $42,500. Resistance Levels: $45,000, $46,000, $47,000Support Levels: …
Michael Saylor believes that a China crackdown on BTC miners would reduce Bitcoin’s carbon footprint Such a move would also make mining profitable for other Bitcoin miners It would also eliminate the ‘nagging’ China FUD that arrives once or twice a year Bitcoin could soon drop to $20k levels The CEO of MicroStrategy, Michael Saylor, …
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Bitcoin is once again retesting the $34,300 price area $34,300 is the 50% retracement level from the March 2020 bottom to the April 2021 peak A loss of this level will open the doors to $30k and the 61.8% retracement level at $27,111 $28,850 is also a level of support that held back in January …
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Alt-coins needs to break away from the influence of Bitcoin to signal alt-season Bitcoin has probably completed the first wave of a supercycle similar to 2011 which did not include an alt season Alt season might not happen because everyone is waiting for it Popular Bitcoin and crypto analyst, MagicPoopCannon, has forecasted that the probability …
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Ethereum whale transactions above $100k have reached levels last seen in January 2018 Ethereum has lost above 50% of its gains since setting an all-time high mid this month The increment of whale transactions coupled with the rapid sell-off is indicative of a potential top for Ethereum Ethereum’s correlation to Bitcoin has started to increase …
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Institutional investors who bought into bitcoin this year may sitting on substantial losses, albeit unrealised unless they sell. Bitcoin’s correction continues apace with weekend losses meaning it has nearly 50% of its value compared since the April all-time high of $63,500. But market participants – including institutions – can’t say they weren’t warned, with many …
Ethereum migration to PoS (proof of stake) is being speeded up – is this a big buy signal or will the developer fail to deliver o n this complex task? Ethereum has posted remarkable price action relative to Bitcoin in the past few months. But the growth of sub-sectors like Decentralized Finance (DeFi) and non-fungible …
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The crypto crash continues, but this shouldn’t be too surprising given the risky nature of virtual currencies. Crypto crashes have of course happened before, and each time tokens have regained their momentum after a period. However, this year’s crash that began towards the end of April has been different. Not only is the crypto market …
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Student Coin (STC) is Now Live On KuCoin Exchange! The first-ever educational token in history named Student Coin (STC) has been created at the world’s best universities, for the huge academic tokenization that is already supported by over 500 universities. Recently, the STC platform has ended its ICO, however 9 days before the planned date. …
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Witnesses Price Convergences – May 24Ethereum market witnesses price convergences under the $2,500 level after a long downward-moving manner that recently surfaced in the crypto trading space. The ETH/USD market now trades around the value of $2,298 at a rate of 9.49% increase. Witnesses Price Convergences: ETH MarketKey Levels:Resistance levels: $2,500, $3,000, $3,500Support levels: $1,500, …
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