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The following technical analysis will evaluate two different price points that must be broken in order for Bitcoin to turn bearish or bullish. Bitcoin technical analysis For the past, month Bitcoin has been consolidating between $7,800 and $8,600. Every time it reaches the support level it bounces off to the resistance level. But, when it […]

The Ethereum (ETH) price has dropped by 88 percent from its record high at $1,448, showing a sluggish price trend year-to-date. Yet, according to investor Spencer Noon, the fundamentals of the asset remain strong as the total value of Ether locked in DeFi apps continues to increase. Spencer Noon, an investor at DTC Capital, compared […]

On Sunday, Oct. 20, crypto analyst Alistair Milne shared a chart that shows Bitcoin breaking its monthly downward trend, finishing its weekly close up 4 percent in the past 24 hours. Over the past month, Bitcoin is down 18 percent from its Sept. high of $10,182. Since the July 2019 high, the Bitcoin price has […]

Two weeks ago, it was announced that IOV Labs, the parent company of smart contract platform RSK, has acquired Latin American social media network, Taringa. With 30 million users, Taringa is the fourth largest social media operator in the region. In the press release accompanying the announcement, IOV Labs alludes to its ambition to introduce […]

Speaking to CryptoSlate in an exclusive interview, Binance Futures Director Aaron Gong said that the Bitcoin futures volume in 2019 increased significantly, expressing confidence in the long term trend of the market. Earlier this week, on Oct. 18, Binance Futures increased the maximum leverage of BTC/USDT (Tether) to 125x, offering a leverage that is higher […]

Since achieving $13,920 at the yearly peak, the Bitcoin price is nearing a 50 percent drop and according to a technical analyst, it could mean a larger correction for Ethereum. Within three months, the Bitcoin price has declined by 43 percent against the U.S. dollar and a dip below the $7,000 level would indicate a […]

While Bitcoin’s drop below $8,000 caused a stir in the market, OKEx says the downfall will most likely be short-lived. The exchange said that despite the persisting pessimism, several signs showed the market is up for a rebound. Leading exchange says Bitcoin testing critical levels is nothing to worry about Despite overwhelmingly bullish predictions for […]

Crypto critic Nouriel Roubini faced off with some of the industry’s biggest proponents during the CC Forum conference in London but surprisingly found common ground with one of the most controversial figures in the space—Craig Wright. The two share the belief that the global financial system isn’t nearly as centralized as the crypto community believes […]

Ray Dalio, Co-Chairman and Co-Chief Investment Officer at Bridgewater Associates with a net worth of over $18 billion, warns stimuli from central banks won’t reverse global economic slowdown, which may affect Bitcoin in the medium term. While bitcoin has been described as a safe haven asset by some, researchers like Thomas Lee at Fundstrat believe […]

IOHK, the company behind the decentralized blockchain platform Cardano, announced that it has partnered with sneaker giant New Balance. The two companies will work together to create NB Realchain, a blockchain for confirming the authenticity of New Balance’s retail products. IOHK introduces NB Realchain, a blockchain that ensures the authenticity of sneakers Input-Output Hong Kong […]