Hot Topics
Coin Gecko

Advertisement

Advertisement

Sally Ho's Technical Analysis 22 January 2020 BTC ETH

Bitcoin (BTC/USD) weakened early in today’s Asian session as the pair fell to the 8693.39 area following a late rally to the 8774.31 area during yesterday’s North American session that began earlier in the session around the 8465.00 area.  Following the pair’s sharp decline over the weekend from the 9194.99 area to the 8465.00 level, BTC/USD has largely traded sideways, generally supported above the 8500.00 figure.  During the weekend pullback, the pair remained bid above the 8433.00 area, representing the 50% retracement of the recent 7671.00 – 9194.99 range.  Notably, selling pressure emerged around the 8741.24 area during the pair’s...

Read More

How Cryptocurrency Might Change The Way You Travel Within The Next Few Years

Will exchange rates been affected over the next few years? Could we see more contactless be used? With Bitcoin, Blockchain and the rest of the cryptocurrencies becoming more and more popular around the world recently, there’s no surprise why it could soon influence the way we travel. Now to many it may sound confusing, especially those who have handled physical currency their entire lives, but cryptocurrency and blockchain opens up so many more borders and opportunities and can enable travellers to go from country to country with a lot less hassle. Like I just said, cash will not be needed....

Read More

Where Is Bitcoin (BTC) Really Headed?

Bitcoin continues to struggle to hold its ground above the 61.8% fib level at $8.6k but it seems to be struggling too hard. Whenever the price struggles too hard to do something, it usually fails because there is place for hoping and wishing in the market. What is meant to happen does happen most of the time in financial markets. We can see now that BTC/USD is primed for a sharp decline sooner rather than later. The bearish pennant seen on the 1H chart is likely to lead to a crash by the end of the week. Cryptocurrencies pairs like...

Read More

Charles Hoskinson Takes Digs Into Crypto, Including Bitcoin and Ethereum

In a recent interview, Charles Hoskinson spoke on IOHK, blockchain security and Ethereum. Bitcoin is ‘blind, deaf and dumb’ according to the CEO/founder. Hoskinson commented on Ethereum, in that is not very in line with the financial world. In a recent interview with Hacker Noon, Cardano’s Charles Hoskinson spoke on many topics, including the leading cryptocurrency, IOHK, blockchain security and Ethereum. “The point of all these cryptocurrencies and blockchains is ultimately the management of assets, information, trust, and data.” Bitcoin is ‘blind, deaf and dumb’ according to the CEO/founder of the two aforementioned projects. “It doesn’t understand the world around...

Read More

Why The Next Oil Supply Boom Might Drive Bitcoin (BTC) Into The Ground

The infamous oil crash of 2014-15 is known to many of us who have been following traditional markets around the time. However, the majority of Bitcoin (BTC) investors who see the cryptocurrency market as a standalone market with no correlation to other markets with the possible exception of gold find it hard to see that there actually was a correlation between Oil and Bitcoin (BTC) back then. When WTI Crude Oil (US Oil) started to decline in June, 2014 we saw BTC/USD begin an aggressive downtrend that lasted till early 2015. We have seen multiple downtrends in between and a...

Read More