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Is crypto’s value being lost with central-bank digital currencies emerging?

The world of crypto is gaining more attention from users and central banks.  With many governments announcing that they are planning to develop their own central-bank digital currency, the world of crypto is the one to watch. The world of cryptocurrency is gaining more attention and adoption from a wide variety of users and central banks are now trying to make the most of the emerging industry. With many governments announcing that they are planning to develop and potentially release their own central-bank digital currency, the world of crypto is the one to watch. Even France has recently started developing...

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BTC/USD Clears 7289 and Tests 7335, Then Drops: Sally Ho's Technical Analysis 20 April 2020 BTC

Bitcoin (BTC/USD) depreciated early in today’s Asian session as the pair moved back towards the psychologically-important 7000 figure after establishing a fresh multi-day high around the 7308.00 level during yesterday’s Asian session.  Stops were elected above the 7289.55 level during the ascent, a downside price objective related to selling pressure from the 9214.66 area that developed in early March.  Selling pressure emerged around the 7254.03 and 7194.17 levels during yesterday’s Asian and European sessions.  Stops were earlier reached above the 7234.54 level during the ascent, an upside price objective related to buying pressure that originated around the 5001.00 area in...

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So-called ‘extreme fear’ currently underway on the bitcoin network

Throughout the world, we are currently going through a tough time.  And that’s only putting it lightly… When it comes to the crypto space, there are many coins and tokens that I’m going through what you could call a dry spell. Throughout the world, we are currently going through a tough time. And that’s only putting it lightly… When it comes to the crypto space, there are many coins and tokens that I’m going through what you could call a dry spell. The price movement for the lead in cryptocurrency bitcoin seems to be stuck as it limits itself to...

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BTC/USD to Challenge 7289 Again? Sally Ho's Technical Analysis 19 April 2020 BTC

Bitcoin (BTC/USD) extended recent gains early in today’s Asian session as the pair continued to display some resilience above the psychologically important 7000 level, having traded as high as the 7208.56 level during yesterday’s North American session.  Some minor Stops were elected above the 7200 area during the move higher, a level reached last week during a retracement higher.  Traders are closely watching the 7234.54 area, as it represents an upside price objective related to buying pressure that originated around the 5001.00 area in mid-March.  Earlier this week, upward momentum emerged around the 6456.00 area, driving the price back above...

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Silk Road founder can see a bear market lasting until next year…

Over the past month, many people are trying to make sense of the situation at hand in the crypto space.  Ross Ulbricht is one of the people who is well known in the industry as the infamous founder of the Silk Road operation.  Over the past month, many people are trying to make sense of the situation at hand in the crypto space. Ross Ulbricht is one of the people who is well known in the industry as the infamous founder of the Silk Road operation. Ross is currently serving a double life imprisonment of 40+ years without the possibility...

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