FUD Around Binance As CZ Had To Explain The $1 Billion Token Transactions

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A few hours ago, the cryptocurrency exchange Binance moved over $1 billion worth of tokens from its exchange wallet. The crypto community has been spreading FUD over the huge transactions, ranging from a possible attack on the exchange, new wallets, custody, but even a possible exit scam. According to the block explorer, the smallest amount of tokens that moved from...

Bitcoin Price Analysis Nov.29: The Correction Continues But Keep Your Eye on the RSI

After breaking up the $4K area, Bitcoin had soared to a current high of $4355 (Bitstamp). This marks a correction of 25% from the yearly low that was seen just two days ago. As mentioned before – a violent move to one side carries violence to the other side. This is exactly what we see now. Is the bear market...

Ethereum Price Analysis Nov.28: ETH Rebounds 20%. Will It Hold?

The market had finally started its upward correction, with Bitcoin price running up by 15% from the $3600 support, Ethereum is up by 21% from the $98 bottom to $118 as of now. This correction was anticipated after the massive declines since BTC broke down the descending triangle formation in the daily chart, precisely two weeks ago. Since the start of...

One Billion XRP Moved: Evidence Now Claims Ripple Has No Value

Yesterday, a large sum of XRP (1 billion) was moved. The transaction was recorded on Bithumb exchange, and the fee was a minuscule 0.000012 XRP. Though not the first time that large quantities of XRP have been moved, it was claimed that this was evidence to point out why XRP may, in fact, have no value.It was revealed by Flibbr...

Exchanges’ Mass-Delisting of Tokens: A Precursor To The Next Bull Market?

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With the price of Bitcoin hitting yearly lows, and many Altcoins now dipping far below their ICO price, it’s becoming clear that many cryptocurrencies will not survive this bear market. Because the ecosystem is so new, most of us are uncertain about what signs to look for to determine whether a crypto project is on its last legs. Price is...

Bitcoin Price Analysis Nov.28: Will the $4K Break?

On our yesterday’s analysis, we mentioned the first bullish signs of buyers after a glitch to the yearly lows at $3500 the bulls got back to work: A steady gain and consolidation towards the significant descending trend-line, the one that was forming since the $5K area. The line finally breached a few hours ago. The current 24 hours high lies...

Crypto Market Update Nov.27: Crypto Clearance. What To Expect Next

A stormy week has gone by in the crypto market. Bitcoin continues its downward trend and other alt coins are crashing. The ongoing correction brings with it the usual question of whether and where the turning point will come. It is difficult to say whether the market is nearing the end of the correction and if we rely on past...

Breaking: Tether Now Allows Redemption of Fiat After Reopening Account Verification

Tether, the controversial stable coin that has seen its share of volatility in the past few months, just announced that they had launched a newly redesigned platform that allows the verification of new customers and direct redemption of Tether to FIAT. The company’s original mission was to be a token that allowed for the quick transfer of funds to different...

So ICOs Did or Didn’t Sell Their ETH Treasury During The Last Bloody Week?

There is little doubt that Ether has been one of the hard-hit coins in the recent crypto markets’ collapse. At press time, the cryptocurrency has lost nearly 50% of its value since Nov 1, tumbling all the way down from $203 to $104. This comes after Ether had reached its all-time high at $1400 just ten months ago. While the...

Bitcoin Price Analysis Nov.27: First Signs of Buyers

When will this bear market end? That’s the most popular question these days. Yesterday had started with a little hope for the bulls, however, this hope had quickly disappeared as Bitcoin failed to break up the $4050 resistance area. As expected, the failure had sent Bitcoin to re-test the current yearly low around $3500. As of now, the support there...