Bitcoin Price Analysis May 2: BTC Retesting Crucial Resistance, Could It Turn Into a Bearish H&S?

Over the past two days, and following the breakout of the 4-hour descending trend-line, we see Bitcoin hovering between $5300 – $5350 over the past day or so. This is the marked resistance area from our previous analysis. From here, in my opinion, there are two scenarios: the bearish is Bitcoin forming now the right shoulder of a head and...

Ripple Price Analysis May 1: XRP Goes Even Lower Against Bitcoin. Where Is The Low?

Ripple has seen a slight recovery from its 2019 recorded low, as the coin currently trades at a price of $0.318. The market has traded sideways over the past 90 days after losing a small 2.7% over the that period. XRP had broken above the 100 days moving average line during the beginning of April 2019 to reach a high...

Tether (USDT) Is Only 74% Backed: Justin Sun Postpones $20M TRON’s Incentive Plan

Justin Sun, the CEO of TRON (TRX) has announced that he will be postponing the $20 million USDT rewards program until there is further clarity regarding the recent legislative storm surrounding Tether and popular cryptocurrency exchange Bitfinex. Interestingly enough, the move follows statements of Tether’s general counsel Stuart Hoegner that the stablecoin is not, indeed, 100% backed by USD...

On Which Exchange Bitcoin Plummeted $1000? Crypto Weekly Update: BitFinex FUD, BMW & Jaguar Adoption

Even though Bitcoin is no longer a regular guest in most of the crypto’s coverage, the news of the markets didn’t freeze despite the winter. This entire week was rather busy, as most of the news started on the right foot. It was all until last Thursday, however, when Bitcoin flash crashed on the Kraken cryptocurrency exchange, shortly before...

Crypto Price Analysis & Overview April 30: Bitcoin, Ripple, Ethereum and IOTA

Bitcoin Bitcoin traded around the resistance range at $5,200 and from there the next resistance level is at $5,500. Following the correction and the current Tether Saga, the market is looking to understand where the wind is blowing to and it is quite likely that the way up will go through some pitfalls as the next support is at $5,000. Ethereum...

Bankers meet Bitcoiners In Munich

For the first time, a Bitcoin conference bringing together advocates and critics. Beyond the price volatility, the adoption of Bitcoins continues at a rapid pace. At BayernLB in Munich international experts discuss the value of Bitcoin and its potential impact on businesses and the world economy.  Munich, Germany, April 29, 2019 — Senior decision-makers must be equipped with unbiased information and gain...

Bitcoin Price Analysis April 30: BTC Steady But Fragile, Tight Range Ahead Of The Next Major Move

Since our previous Bitcoin price analysis, nothing much had changed in the bigger picture, as the coin still trading inside the tight range between $5000 and $5200. It looks like the market is searching for its direction, getting ready for its the next big move. The crypto world is still under the unclear situation coming out from BitFinex and Tether,...

Controversy Spirals: Bitfinex Reported to Plan an Exchange Token IEO

Controversy seems only to be escalating when it comes to popular cryptocurrency exchange Bitfinex. Most recently, unverified resources are reporting that it’s planning to conduct an initial exchange offering (IEO) in order to raise $1 billion worth of Tether (USDT). $1 Billion USDT IEO on Bitfinex? According to popular cryptocurrency commentator Dovey Wan, controversial cryptocurrency exchange Bitfinex is planning to...

Bitcoin Price Is $5,500 On BitFinex And $5,190 Elsewhere: Here Is Why

After last week’s fiasco involving BitFinex and Tether, when the New York Attorney General Letitia James had to weigh in with a court order, investors were expecting the cryptocurrency market to become bearish. The bitcoin rate against the U.S. Dollar (BTC/USD) initially turned bearish and fell below the $5,000 level to $4971. However, to everyone’s surprise, it finished the...

Market Watch: Top Coins Recording Gains, Cosmos (ATOM) Surges 35% Following Binance Listing Announcement

Most coins are on the green side of the market today, Sunday, April 18. Top cryptocurrency, Bitcoin is trading in the range around $5170 (Bitstamp). Data from CMC shows that Bitcoin has a 1.17% gain during the past 24, with a daily volume of $12.4 billion. Ethereum and Ripple are also recording gains of 2% and 1%, with their prices...