Hot Topics

Advertisement

Advertisement

How You Can Help Repair the Notre-Dame with BTC

As you will have probably heard of the tragedy that occurred last night in France when the famous Notre-Dame Cathedral in Paris went up in flames leaving not just the nation but the world in a state of shock. Following the tragic event, French blockchain journalist Gregory Raymond has launched a Bitcoin fund to raise money for the reconstruction of the cathedral, one of the most respected and recognised landmarks in the French Capital. Raymond is a well-known Bitcoin advocate and is the author of the #21 Millions podcast and also founded the Facebook group The Bitcoin Club. After the...

Read More

Bitcoin (BTC): Evening Star Doji On Weekly Chart Confirms Bearish Reversal

Bitcoin (BTC) formed an evening star doji on the weekly time frame with last week’s close. However, it wasn’t quite clear if this was in fact an evening star doji until now. An evening star doji is formed at the peak of a rally and it formally puts an end to the rally to pave the way for a bearish reversal. For this to happen, the next weekly candle has to form lower than that. As we can see on the weekly chart for BTC/USD, the price of Bitcoin (BTC) formed seven green weekly candles with no red candle in...

Read More

PayPal Director Predicts BTC To Make Incredible Gains

The director of the popular payment protocol PayPal has recently written an essay in which he concludes that there is a fifty percent chance that Bitcoin might survive, and in the case that it does, pegs it at a value higher than $1 million in the next ten years. Wence Casares made these comments in a post on the Kana and Katana website: “If Bitcoin does succeed, 1 Bitcoin may be worth more than $1 million in 7 to 10 years. That is 250 times what it is worth today (at the time of writing the price of Bitcoin is...

Read More

Sally Ho's Technical Analysis 16th April 2019

Bitcoin Bitcoin (BTC/USD) found a Bid early in the Asian session but only after the pair fell to the 4945.54 level during yesterday’s North American session, its weakest print since 11 April.  Stops were elected below the 4970.67 area during the descent, representing the 76.4% retracement of the move from 4901.99 to 5193.01. During today’s climb higher from multi-day lows, BTC/USD found a Bid around the 5013.16 area, representing the 61.8% retracement of the aforementioned range. Chartists are eyeing the 5081.84 area as the pair’s next upside target. Other minor retracement levels including 5098.48/ 5134.61 related to yesterday’s depreciation from...

Read More

Greenspan: “The Market is Clearly Still Excited”

We’ve suffered through the bear market but it seems that the crypto bulls are on their way back into town. In fact, last week the total market cap for all cryptocurrencies reached more than $186 billion. Prices have since stabilised and seem to be performing steadily. Now though it appears to be getting ready to make another leg upwards should buyers take control early this week. Mati Greenspan from eToro said, “After the false breakout earlier this week, cryptos took a step down.” As noted by Forbes: “The fact that we failed to go further up speaks volumes about the...

Read More