Bitcoin Climbs Above $5K While Altcoins Continue Their Season – Crypto Weekly Market Update April.9

The cryptocurrency rally from back in early February continues. So far, 2019 is turning out to be a good year for investing in the space. Leading April’s positive march was Bitcoin, shooting up from around $4,100 to more than $5,300. Since then, Bitcoin has been moving around the $5,200 price level. But it wasn’t only Bitcoin. Since April first, Litecoin...

Crypto Price Analysis & Overview April.9: Bitcoin, Ripple, Ethereum, BitTorrent and 0x

Bitcoin BTC The price of BTC continued to climb rapidly this week and found resistance at $5350, not far from the next resistance at $5500. Further significant resistance levels are at $6000. From below, support at $4800. In case of retesting the last level (and getting supported there) could grant the market a green sign for bullishness. In the meantime,...

BNB Price Analysis: Can Binance Coin Recover Following a Drop To 25% Below It’s All-time High?

The Binance Coin surge has shown some signs of slowing down over the past seven days after the cryptocurrency has dropped by a total of 4.5%, and earlier today, reached a low of 0.00331 which is 25% decrease from BNB’s Bitcoin’s all-time high value. Nevertheless, the cryptocurrency has still seen an impressive 90-day price increase which totals over 170%,...

The FUD Is Back? China to Ban Bitcoin Mining (Again)

how to make a cryptocurrency 2
China’s clampdown on cryptocurrencies doesn’t seem to have reached its boiling point. Apparently, the country is once again charging against the industry, as its State Planner reportedly wants to ban Bitcoin mining. Growing Government Pressure on Cryptocurrencies in China According to a recent report, China’s National Development and Reform Commission (NRDC), formerly known as the State Planning Commission, is seeking...

Altcoin Season 2019: Coinbase Pro Adds EOS, Augur REP, and Maker (MKR)

how to make a cryptocurrency 2
The leading veteran US based exchange Coinbase announced on Monday that it will be adding EOS (EOS), Augur (REP), and Maker (MKR) to the Coinbase Pro platform. Starting from April 8, 12 p.m. (Pacific Standard Time), customers with Coinbase Pro accounts will be able to transfer EOS, REP, and MKR into their respective accounts. Coinbase  said in the blog post...

Squeeze Coming? Bitcoin Short Positions Reach Yearly Low Following a 20% Sudden Drop

Bitcoin short positions have suddenly dropped to their yearly lows on cryptocurrency exchange Bitfinex. Interestingly enough, the drop was sudden, plummeting from 23,000 BTC open positions to below 17,000 open positions in a quick sudden drop. Meanwhile, long positions seem to be gaining momentum. Bitfinex short positions as of todayBitcoin Shorts Reaching One Year Lows Bitcoin short positions are opened when...

Matic Network (MTX): IEO Review and Rating Ahead of Token Sale (Binance Launchpad)

Binance Launchpad, the cryptocurrency exchange’s platform for Initial Exchange Offerings (IEOs), has been an enormous success so far. Three projects – BitTorrent, Fetch.AI, and Celer Network – have launched their IEOs on Binance’s platform with all of them hitting their hardcaps within minutes (and in some cases only seconds). Now the cryptocurrency exchange is readying for its fourth token sale:...

Matic Network (MATIC): IEO Review and Rating Ahead of Token Sale (Binance Launchpad)

Binance Launchpad, the cryptocurrency exchange’s platform for Initial Exchange Offerings (IEOs), has been an enormous success so far. Three projects – BitTorrent, Fetch.AI, and Celer Network – have launched their IEOs on Binance’s platform with all of them hitting their hardcaps within minutes (and in some cases only seconds). Now the cryptocurrency exchange is readying for its fourth token sale:...

Finally Woke Up? Ethereum Marks It’s Highest Level Since November 2018 – ETH Price Analysis April 8

Ethereum has seen a 7.5% price increase over the past 24 hours of trading, bringing the current price for the coin up to around $181.50. The cryptocurrency has now started a remarkable run after increasing by 27.50% over the past seven days. Today’s high of $187 per ETH, is the highest price for Ethereum since November 14, 2018. The last...

Crypto Market Watch April.8: Market Cap Records 5-Month High At $185 Billion

The cryptocurrency market has seen yet another weekend trading in the green, as its total market capitalization reached $185 billion for the first time since November 2018. Bitcoin manages to hold strong above $5,000, testing the significant resistance at $5,300. Meanwhile, Bitcoin Cash (BCH) has managed to unseat Litecoin (LTC) as the fourth largest cryptocurrency in terms of market...