US Congress Discussion to Introduce Two Crypto Bills on Thursday

TL;DR On Thursday, December 13th, the US Congress is expected to address the issue of crypto legislation and at the same time, introduce two new bills. The bills will address fraud and price manipulation, as well as possible consequences for the US, but also methods for the US to remain relevant on a global crypto and blockchain scene. Experts expect that the...

The Big Whale Moving Nearly $3 Billion Worth Of BTC Is Exposed

TL;DR Between December 1 and 6, 2018, a whale moved a total of nearly $3 billion of BTC between wallets. It was discovered that Coinbase was this whale due to an announcement they made on their blog. The possible reason for the movement could be a re-organization of financial assets, taking advantage of the bear market’s low fees. Coinbase was the one who...

Bitcoin Price Analysis Dec.11: Tight Range, Is It Time For A Larger Move?

Over the past day, Bitcoin had failed to break through the significant resistance area of $3500 – $3600. If an asset fails to break, it is likely to lose momentum. That’s what happened as Bitcoin marked $3350 as the daily low. As of now, Bitcoin is consolidating over a tight range between $3370 and $3430 – just underneath the 100...

The Stable Coins Revolution: Tether’s Dominance Had Dropped To a Three Years Low 

2018 has been a big year for the stablecoins, as many alternatives to Tether have begun to launch and are now available on most popular exchanges. These include TrueUSD, USDcoin, Paxos, Gemini’s GUSD and more. Each new coin has emerged with an aim to increase the level of transparency in the stable coin market, something that Tether has been notorious...

Miners are Getting Used to the New Situation of the Crashing Markets

The cryptocurrency exchange BitMEX has released a report today concluding that the total hash-rate of the Bitcoin network had fallen by approximately 31 percent. The percentage represents around 1.3 million Bitmain S9 miners that have been turned off. It’s important to mention that BitMEX based its research on the electricity costs of mining Bitcoin, not taking additional expenses in the...

Ethereum Price Analysis Dec.10: Can The Bullish Momentum Take ETH Back Above $100?

The crypto market marked new annual lows during the past weekend. Bitcoin hit the $3200 price level, which is the lowest BTC price since October 2017, and Ethereum lost the $85 support to test an $80 price tag which was last seen during May 2017. After hitting the above lows, we noticed a short squeeze maneuver taking place, With Bitcoin...

Bitcoin Price Analysis Dec.10: Is this only a correction before discovering new lows?

Since our previous price analysis, Bitcoin had enjoyed a second short squeeze, but this time the movement was weaker – around $200 gain. The most significant message is breaching out of the wedge pattern to the bull side (at $3380), along with breaking up the 50 days moving average resistance line (the pink line on the 1-hour chart). The...

Business Cards Collected In Consensus Reveal Sad Story About Crypto Projects’ Life

Much had been said about how the last months have been a shedding process the crypto space. Many once-promising projects have now gone silent or are slowly approaching death’s door; the extravagances of the bull market have now been traded for a more humbled and minimalist approach in order to survive a seemingly never-ending bear market cycle. A recent tweet...

ArbiTool – A Beginner’s Guide to the Arbitrage Platform

If you’re looking for a cryptocurrency scanner tool that’s professional and intuitive, you might like ArbiTool. It’s an inexpensive option you can sign up here. Why ArbiTool is considered safe ArbiTool is an information service that limits its functionality only to provide the most important details for users. It does not demand access rights to wallets, exchanges, or transactions. The transactions...

Bear With It: 4 Investing Tips For Crypto Bear Markets

TL;DR Investing in cryptocurrencies can be overwhelming and difficult, especially during periods when a bear market controls the prices.  To deal with it, let’s discuss four strategies that allow investors to survive even during bearish periods — Shorting, HODLing, continuous investments, and diversification. Ever since Bitcoin first arrived 10 years ago, investors have learned just how volatile the crypto market can be....