2019-8-14 09:51 |
Top altcoins continue to bleed while the crypto king rules the roost
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The aggregated crypto markets are currently bathing in a sea of red after Bitcoin failed to find support in the $11,000 region and plummeted nearly 10% towards $10,000. This drop led most major altcoins, including Ethereum (ETH), to reel lower today, with many cryptocurrencies trading down over 10%.
2019-7-15 00:30 | |
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Crypto markets back in the green today; Litecoin still climbing, ETH doing well, XRP, XLM and NEO flat. Market Wrap A lot of traders expected Monday’s red start to the week to continue and accelerate losses into Tuesday.
2019-6-11 10:00 | |
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The week has begun with the bears on the front foot. This has seen most altcoins and their leader Bitcoin drop in the red zone since the beginning of the week. However, some altcoins continue to defy this bearish momentum, owing to some key developments around their projects.
2019-4-30 11:29 | |
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As Bitcoin seems to continue its very dominant run without missing a beat, one has to wonder how things will pan out for all of the alternative markets. In most cases, the competitors will lose tremendous value in their BTC ratio, which pushes down the USD value as well.
2019-4-23 15:14 | |
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After what appears to be a multi-day bull run for most cryptocurrencies, the momentum may be coming to end fairly soon. Some of the top markets are already dipping in the red, which usually doesn’t bode too well for alternative offerings.
2019-4-4 10:42 | |
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Since mid-February, the bitcoin market has continued to drift upward toward a band of strong, macro resistance (shown below as a red band). This slow, drift upward marks our fourth test of the resistance zone and, unlike the three prior tests, our rejection of the level has shown a weakness on the side of the bears:Figure 1: BTC-USD, Daily Candles, Fourth RejectionIf we compare the three prior rejections (labeled 1, 2 and 3), we see that the move into this resistance level was violent — and had equally violent rejections.
2019-3-29 02:21 | |
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Last Friday, we discussed a macro resistance level bitcoin would likely test. The level was tested three times prior and immediately rejected. Now, for the fourth time, we find ourselves situated above the level as we wait to see if our support holds:Figure 1: BTC-USD, Daily Candles, Fourth Test of Macro ResistanceThe first three attempts to hold support above the black, broken resistance have been stifled with relatively high amounts of volume.
2019-3-19 01:17 | |
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The US stock market is lurching toward a mixed open on Monday, as Dow futures continue to flash red while Wall Street’s other two major indices prepare to consolidate minor gains. Meanwhile, liberal wunderkind Beto O’Rourke just vaulted to the top of the Democratic field with a massive fundraising haul that outpaces even progressive septuagenarian Bernie Sanders.
2019-3-18 16:13 | |
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Leading into the London open, bitcoin broke through its local support level in a move that seems to be hinting toward a downward continuation:Figure 1: BTC-USD, Daily Candles, Broken Local SupportSo far, our daily candle has yet to close, but it is currently on schedule to close below local support.
2019-3-5 02:43 | |
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For the first time since July 2018, Bitcoin (BTC) is on track to record its first green monthly candle, recording a positive month, According to cryptocurrency trader Josh Rager, if the Bitcoin price remains above the $3,414 mark by the end of February, BTC will establish a green monthly candle.
2019-2-17 12:25 | |
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According to Bill Lee, chief economist at the Milken Institute, China is desperate to land a trade deal with the U. S. and President Donald Trump to prevent more crippling defaults. That could be bullish for the Dow Jones Industrial Average and other U.
2019-2-15 19:19 | |
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Majority of the top 100 cryptocurrencies are in the red this Sunday. The only prominent digital asset that has not experienced any losses is Binance Coin (BNB) which seems to be riding a wave of excitement around a bunch of announcements made by Changpeng Zhao in a livestream a few days ago.
2019-2-10 16:36 | |
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The last couple of hours has seen the market slowdown and many coins turn red following the early weekend pump. Despite the slowdown, major coins such as Bitcoin, Ethereum, and XRP continue to trade well above their recent established resistance levels.
2019-2-10 15:25 | |
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Shortly after the London Open, the entire crypto market saw a strong round of buying. Some coins broke their highest volume seen since the beginning of the bear market, and several others broke straight through overhanging resistance levels.
2019-2-9 01:45 | |
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Blockchain Cuties recently announced that they are celebrating Chinese New Year with their players. They are going to continue the tradition of the lucky red envelope but with a digital twist. Each player gets a digital pack which will be revealed to them on Feb 5th, on Chinese New Year. Additionally, on the same day, […]
2019-2-5 17:28 | |
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Version Over the last 24 hours, there has been a generally bearish outlook in the markets, with most charts turning red. The downward trend look set to continue with all indicators pointing towards a bearish run for the top twenty cryptos.
2019-1-29 17:55 | |
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As the cryptocurrency markets continue to truck along, it will be interesting to see what happens over the coming days. Despite some semi-bullish one-hour candle movements, the Ethereum price remains in the red.
2019-1-23 16:37 | |
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At press time the bears have the upper hand in the cryptocurrency market. With red lights indicating price decline for almost all the top 100 cryptocurrencies, traders will find it difficult to make trading choices while weighing in on whether or not the market will continue in a downtrend or modify itself on the long […] The post Crypto Market Watch: Bitcoin Plunges Further, Altcoins Dwindle in Losses appeared first on ZyCrypto.
2019-1-21 18:40 | |
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Following last Friday’s drop, bitcoin has found itself coiled, once again, at the bottom of the range it established back in December. With the current market unable to close a new high, the market finds itself in a precarious position:Figure 1: BTC-USD, Daily Candles, Range Support TestThe blue support level shown above illustrates the boundary of the multi-week range bitcoin has been bound by.
2019-1-18 02:02 | |
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The total crypto market cap dropped another $5 billion to $118 since January 11, 2019, as bitcoin and the top ten currencies continue to struggle to reverse the bear trend. BTC-USD Bitcoin stayed flat on January 11 and closed trading session at $3,715 after four consecutive red candles on the daily chart.
2019-1-14 14:00 | |
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“The bulls are not fully out and the bears are not entirely in” is just about the perfect definition for the cryptocurrency market at this very moment. One cannot exactly say that the bull run was a pump and dump because the run is still on.
2018-12-26 15:58 | |
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For investors who were hoping for a year-end rally to take out of a dark red year in the crypto markets disappointment looks imminent. The price of bitcoin dropped by another five percent week-on-week to continue its decline since mid-November 2019.
2018-12-18 21:00 | |
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Despite red water market conditions, Blockstack announced on December 13, 2018, that they had “unlocked” $25 million in resources to continue their blockchain development. In a company blog post, co-founder Muneeb Ali described the necessity of an advisory board, reviewed the firm’s milestones, and explained how the newly released funds would be put to use.
2018-12-15 00:00 | |
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At press time, around 85% of the world’s top-30 altcoins lay in the red zone, with premier assets such as Bitcoin Cash (BCH), Stellar (XLM), Bitcoin SV showcasing losses of around 10%, 5% and 6% respectively (over the course of the past 24 hours).
2018-12-14 11:20 | |
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Even as a majority of the top 10 altcoins within today’s crypto market continue to see red, there are digital currencies like Waves, Maker, and Tezos that have witnessed an upward surge of 9%, 3%, and 2.
2018-12-12 09:35 | |
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The bears continue to dominate the markets following the aftermath of the Bitcoin Cash hard fork last month. The hard fork had a negative ripple effect on the rest of the cryptocurrency markets as prices nose-dived beyond initial support levels.
2018-12-8 22:34 | |
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FOMO Moments Cryptocurrency markets still falling; Bitcoin Cash is almost dead, Maker and Tezos in pain. Red is the dominant colour on crypto markets for yet another day as Bitcoin and its brethren continue their downward slide.
2018-12-6 13:00 | |
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It’s back to red territory for altcoins and with double digit losses, prices are trading below important support levels. Leading the pack is LTC/USD which is down 14 percent in the last day and ADA/USD trading below 6 cents as bears print new all time lows.
2018-11-20 06:30 | |
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Bitcoin has tumbled again today as the market continues to see further downward movement shortly after breaking two areas of market support. So far, bitcoin is down 15% on the day — 25% in 1 week:Figure 1: BTC-USD, Daily Candles, Downward ContinuationThis drop below support is starting to display hallmarks of market capitulation.
2018-11-20 02:27 | |
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The various cryptocurrencies continue on a slow southward surge. Little activity has been recorded on the hourly charts. Where an activity has been registered, the candlesticks turned red across major cryptocurrencies indicating more pressure downwards which could see support levels tested in the coming days.
2018-10-31 18:49 | |
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Bitcoin (BTC) held its ground when the stock market plunged deep into the red yesterday. Both the S&P 500 and Dow Jones Industrial Average registered significant drops. However, Bitcoin (BTC) remained unaffected by it.
2018-10-11 17:00 | |
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Ethereum (ETH) seems to have just broken its symmetrical triangle to the downside. This was expected as the price entered the triangle from the upside. Symmetrical triangle being a continuation pattern had a higher chance of breaking to the downside.
2018-10-7 18:00 | |
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Everyone is talking about it, the most popular game at the minute (at least until Red Dead Redemption 2 comes out. . ) is Fortnite! Fortnite is always in the news for something or other nowadays.
2018-10-5 23:00 | |
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Researchers in Australia announced on Wednesday a successful trial run of next generation blockchain that can reach cross-border speeds of 30,000 transactions per second. Operating on Amazon Web Services’ (AWS) cloud infrastructure, the test potentially paves the way for global enterprise-scale applications of the technology.
2018-9-28 23:00 | |
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Researchers in Australia announced on Wednesday a successful trial run of next generation blockchain that can reach cross-border speeds of 30,000 transactions per second. Operating on Amazon Web Services’ (AWS) cloud infrastructure, the test potentially paves the way for global enterprise-scale applications of the technology.
2018-9-28 23:00 | |
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New Bitcoin ATM Arrives in Shropshire With the Intention to Expand in Rural England A new Bitcoin ATM has been installed in Shropshire, UK. The company behind the installation is Bitchains and it aims to continue its expansion in rural England.
2018-9-23 00:18 | |
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The first ever Bitcoin ATM has arrived in Shropshire, U. K. The machine has been installed in the Red Lion Service Station by Church Stretton-based Bitchains. Bitchains Plans Rural Expansion Before Heading to Major Cities In what is a first for the county of Shropshire, a Bitcoin ATM has been installed at a petrol station in.
2018-9-22 01:30 | |
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Image Source: The Drum With an increasingly online-focused economy, many of the resources on the internet today remain free to access for consumers. Things like Google’s email platform, YouTube for entertainment, Instagram, Facebook, Twitter, and Snapchat for social media, all provide value to consumers completely free of charge, or free with the option to upgrade (think YouTube Red, G Suite, etc.
2018-9-18 13:15 | |
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Blockchain can transform the supply chain. By using blockchain, small- and medium-size businesses (SMEs) around the world can obtain $1 trillion in trade financing, according to Sept. 13 whitepaper by World Economic Forum and consulting firm Bain & Co.
2018-9-15 23:00 | |
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Ethereum (ETH) rallied like a raging bull to the surprise of many yesterday. This from a cryptocurrency that had seen red days one after another and exhibited extreme weakness was completely out of the blue.
2018-9-14 17:30 | |
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It is a rare sight in the crypto community to see Ethereum (ETH) in the green after a long queue of weeks in the red. The daily chart above for ETH/USD shows that Ethereum (ETH) is just a single step away from kicking off the altcoin rally.
2018-9-13 18:30 | |
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Binance Coin (BNB) has held its ground even as market selloff continues. Bitcoin (BTC) has exhibited similar behavior but the rest of the market plunged further into the red when Ethereum (ETH) showed signs of weakness.
2018-9-13 00:30 | |
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The volatile cryptocurrency market is seeing red — dipping to $198 billion in market capitalization late Monday. Notably, Ethereum (CRYPTO: ETH) plummeted to under $200 USD for the first time since July 2017 after peaking near $1,400 in mid-January.
2018-9-11 15:00 | |
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Ripple (XRP) is currently trading within a tight range against Bitcoin (BTC). The price broke the resistance at 45,860 satoshis earlier this month but soon afterwards, it retraced. Initially, the 45,860 satoshis resistance turned into support as the 4H chart above for XRP/BTC shows that Ripple (XRP) formed two red candles after the resistance break.
2018-9-9 22:31 | |
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Cryptocurrency markets have lost considerable value since our last markets update three days ago. The entire digital currency economy of roughly 1900+ assets has lost $35 billion since then, and a great majority of cryptocurrencies over the last 24 hours are in the red seeing significant losses.
2018-9-7 19:10 | |
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Ethereum (ETH) plunged deep into the red today as the price fell 11% in a matter of hours. The whole market nosedived as Bitcoin (BTC) fell back below $7,000 but Ethereum (ETH)’s reaction was one of the most aggressive as shown by the ETH/USD daily chart above.
2018-9-5 17:00 | |
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Bitcoin (BTC) is an uptrend as the price seems to have entered a new ascending channel that can be seen on the 4H chart for BTC/USD above. This channel has held so far since the last few weeks of August and can be seen as the gateway to a trend reversal.
2018-9-3 18:00 | |
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Ethereum Classic (ETC) is up more than 5% for the last 24 hours while the rest of the crypto market bleeds. This makes Ethereum Classic (ETC) the only top twenty cryptocurrency in the green.
2018-9-3 17:00 | |
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It would appear the momentum is slowly turning against the cryptocurrency markets as of right now. After multiple days of solid gains, that is not entirely surprising either. Most of the top currencies have already dipped in the red.
2018-9-3 19:31 | |
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