Binance Coin Price Analysis: BNB Facing The $30 Price Range, New Highs Coming Up?

Binance Coin has been battling the $30 level as it currently trades at a price of $29.98. The cryptocurrency has seen a 7% increase over the past 7 days which allowed it to climb above the 100 days EMA. However, BNB’s next target to break lies at $30. BNB remains the sixth-largest cryptocurrency with a market cap of $4.66 billion....

Room For Adoption Growth: Majority Claim Less than 10% of Their Friends Hold Any Crypto

Bitcoin and cryptocurrencies have been a hot topic ever since they boomed in prices back in 2017 as the total market cap surged past $800 billion. However, a recent Twitter Poll presented an interesting statistic, showing that the number of involved investors might not be that high. On the other hand, it also means that there’s plenty of room...

New Zealand To Legalize And Tax Bitcoin Salary Payments From September

Cryptocurrencies have been a hot topic for regulators in the past couple of years as they caught the public’s attention following their parabolic price surge in 2017. Now, some countries have even gone so far as to legalize employers to pay their employees in crypto. New Zealand is one such country and starting September 1st, the ruling will come...

This Country Will Legalize And Tax Bitcoin Salary Payments From September

Cryptocurrencies have been a hot topic for regulators in the past couple of years as they caught the public’s attention following their parabolic price surge in 2017. Now, some countries have even gone so far as to legalize employers to pay their employees in crypto. New Zealand is one such country and starting September 1st, the ruling will come...

Bitcoin’s Scarcity: Can It Eventually Catch Up With Gold And Silver?

Bitcoin’s scarcity is one of its main characteristics. Moreover, industry experts and analysts consider that it’s among its strongest benefits. Some even consider that it will eventually allow Bitcoin to line up with other traditional scarce assets such as gold and silver.  Bitcoin’s Scarcity Scarcity is the limited availability of a commodity which is in demand in the market. Perhaps the...

Bitcoin Price Analysis: The Anticipated Weekend Move Had Arrived, Are The Bears Done Plunging BTC?

On our previous Bitcoin price analysis, we mentioned the significant horizontal triangle pattern seen on the 4-hour chart, and that a breakout followed by a sharp move is a matter of hours. Yesterday we had seen the triangle getting broken, to the downside. Bitcoin quickly lost $700 – leaving the $11,900 area down to the marked support level at $11,200. Does...

Ripple Price Analysis: XRP Drops Below $0.30 But Are Their Signs Of Rebound?

XRP has continued to slide this week after dropping by a total of 7% to bring the price for the coin below $0.30 and it’s currently trading at $0.2933. The latest decrease caused XRP to drop beneath a consolidation pattern as the bulls scramble to bring XRP back above the $0.30 level. XRP remains the third-largest cryptocurrency with a market...

HODL: Bitcoin Has Been Profitable 99% Of Its Existence Time

Bitcoin has been a topic of financial discussion for years with negative and positive comments swinging both ways. A lot of the FUD has been followed by some of the comments online but an interesting statistic popped on Twitter showing that during its history, Bitcoin has been on a positive run nearly 99% of the time, continuing its recent...

Litecoin Price Analysis: Bears Take Control Despite Recent Litecoin Halving

Litecoin has seen a sharp 5% price decline over the past 24 hours and it’s currently trading at around $86.53. In the past week, the cryptocurrency is down 11.82% while during the last 30 days LTC lost around 20 percent of its value.  The Litecoin halving failed to produce any increases, confirming what the majority believed – that it was...

Bitcoin Dominance Touching 70%, Altcoins Finding New Lows

Bitcoin now represents almost 70 percent of the entire market capitalization. Its dominance index currently sits at 69.6%, which is the highest it has been since way back in March 2017. Naturally, altcoins have been suffering in response, as they keep getting crushed, especially when trading against Bitcoin,  Bitcoin Is King The cryptocurrency market has gone through a lot of different...