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How bitFlyer Is Changing Ethereum Purchases

For a lot of newcomers to this emerging industry, is that they aren’t easy to use. I mean, when you get used to the digital currencies, they’re pretty easy to use but when you get dropped in the deep end, things might be a little confusing. Some exchanges will provide more assistance than others for newcomers to the industry.  bitFlyer is a big crypto exchange in the US and Europe-centric operations are looking to change this… Announced today, the platform will be adding Ethereum to its buy/sell platform. This is a move revealed in an effort to give a wider...

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Sally Ho's Technical Analysis 22 August 2019

Bitcoin Bitcoin (BTC/USD) added to its recent positive sentiment early in today’s Asian session as traders continued to battle with some important technical levels that will define the market’s short-term bias. Notably, market activity continues to make strides above the psychologically-important 10,000 figure as traders continue to push towards the 11,000 figure. The market’s recent bounces above key levels including the 9,765/ 9,938/ 10,268/ 10,646 areas have been supportive of price activity over recent trading sessions. Traders have been attempting to establish a foothold above the 50-bar MA (4-hourly) for several sessions, and traders are attempting to test the 100-bar...

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Falling Ethereum (ETH) Dominance Spells Trouble For Altcoins

Ethereum Dominance (ETH.D) is on a steady decline. It ran into our fib circle but faced a strong rejection on retest and has now declined even below the 7.78 support. That support has now turned into a strong resistance and this bearish development spells trouble for the altcoin market especially the ICOs that are tied to Ethereum (ETH). It would be unreasonable to jump to conclusions and say that Ethereum (ETH) is going to zero but this does mean that the price is going to be hammered hard in the weeks and months ahead. The daily chart for Ethereum Dominance...

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ETH Adoption Limited According To Buterin

The increased cost of transacting on the Ethereum blockchain is having a negative impact on the adoption of the software according to the creator of the project, Vitalik Buterin. The co-founder of Ethereum spoke to the Toronto Star earlier this week where he suggested that projects are considering whether to build technology will more than likely be butted out as the blockchain is overflowing with transactions, as it stands.  Even so, Buterin’s words speak to his understanding of the difficulties ahead for the project, with major planned upgrades including Ethereum 2.0 and a switch to proof-of-stake consensus ahead. Buterin stated:...

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Sally Ho's Technical Analysis 21 August 2019

Bitcoin Bitcoin (BTC/USD) continued to gain ground above the psychologically-important 10,000 figure early in today’s Asian session as traders continued to advance towards the 11,000 figure.  Short-term bias has firmed in the favour of BTC/USD Bulls over the past several days ever since the pair bounced higher from the 9,470.23 level on 15 August, representing the 50% retracement of the move from 5,072.01 to 13,868.44.  Bids then firmed up market sentiment around the 9,765, 9,938, 10,268, and 10,646 levels, leading to price appreciation. Traders have been attempting to establish a foothold above the 50-bar MA (4-hourly) for several sessions, and...

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