Markets Update: Bearish Momentum Grips Leading Cryptocurrencies After BTC Tests ATH Trendline

The cryptocurrency markets have produced a slight retracement in response to bitcoin core (BTC) testing a long-term descending trendline dating back to December 2017’s record highs. The dip has seen bitcoin cash (BCH) slip back below $150, and BTC fail to hold above $4,000. As of this writing, ripple (XRP) has again overtaken ethereum (ETH) … Read more

Worst Cryptocurrencies of 2018 Have Left Some Heavy Bagholders

Tales of woe are easy to come by in the current market, in which most altcoins are faring multiples worse than bitcoin. Investors that have avoided the following projects, however, can draw some solace. Also read: US Court Issues Emergency Order Halting a Planned Initial Coin Offering This Year’s Underperforming Coins Have Fared Worse Than You … Read more

3 Short-term Bearish Bitcoin Price Predictions for Q4 2018

Bitcoin has not had the best of runs throughout 2018. Especially when compared to late 2017, this year is rather disappointing so far. Things can still turn around in the financial quarter of 2018, yet the bearish Bitcoin price predictions are stacking up. The following three examples show how things can deteriorate further in the … Read more

Exchanges Round-Up: Price Spread and Institutions, Brazil Surveys Exchanges

In recent news pertaining to exchanges, Sfox has attributed a reducing spread in the price of BTC across exchanges to the increased presence of institutional investors in the cryptocurrency markets, Brazil’s government has issued a questionnaire to three local crypto exchanges seeking to obtain data pertaining to their operations, and data from the United States … Read more

Markets Update: Cryptocurrency Price Trends Turn from Bullish to Bearish

On Tuesday, July 31 a great majority of cryptocurrency prices dropped in value with many coins losing anywhere between 3-10 percent during the last 24-hours. Currently, with the sudden cryptocurrency market turbulence, bears have taken control of the exhausted bulls. In one intra-day of trading, the entire cryptocurrency market capitalization of all 1,600+ coins ($270Bn … Read more

Bitcoin ETF Decision Gets an Overwhelming Amount of Public Opinion

A great deal of cryptocurrency proponents are hoping for a positive outcome when the US Securities Exchange Commission (SEC) decides on whether or not they will approve the latest bitcoin-based ETF application file by Cboe. The US regulator had asked for public opinion concerning the ETF again, and this time around the number of responses … Read more

Hedge Fund Issues Bearish Call on Ethereum and Sides with BTC

Hedge fund Tetras Capital has issued a bearish call on ethereum and opined that bitcoin has more upside potential. The New York-based fund has been blessed with perfect timing, with ETH falling in BTC terms following the publication of its report 24 hours ago, while bitcoin has rallied strongly. Also read: Post-Flood Reflections Reveal Insights Into … Read more

Markets Update: Bitcoin Bulls Charge Forward

Cryptocurrencies are seeing some good gains over the past two days after market capitalizations lost billions last weekend. Over the last six days, the entire digital asset economy has seen an increase of around $15Bn and now averages around $268Bn on Monday, July 16. Digital currency proponents are hopeful the past six months of bearish … Read more