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Bitcoin Drops Below $9,000 Amid Heightened Coronavirus Fears, Discrediting The Safe Haven Narrative

The past few days have been disastrous for the crypto markets. After losing support at the $9,500 level, bitcoin (BTC) careened below $9,000 today. This plunge in bitcoin price pours cold water on the narrative that the OG crypto acts as a safe haven in times of global calamities like the Coronavirus which has whipsawed […] дальше »

2020-2-27 21:05


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Korea’s ‘Big 4’ Bitcoin Exchanges Facing Strict AML Scrutiny from Banks

The latest news emerging from South Korea indicates that Bitcoin exchanges are facing a surprisingly increased level of scrutiny of commercial banks amid the renewal of banking services. The revelation comes as the intergovernmental Financial Action Task Force (FATF) continues to urge countries to enact stricter regulatory controls over the crypto industry. дальше »

2019-7-30 13:00


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Bitcoin Price Analysis: Low Time Frames Show Signs of Life Amid Weekly Tests

Bitcoin continues to coil tightly within its range-bound market as the bulls and bears fight it out to see which is most dominant. On the lower time frames (TF), bitcoin is managing to find support:Figure 1: BTC-USD, 2-Hour Candles, Low TF SupportThe zone outlined by the green line in Figure 1 represents local support that has kept the market afloat for the last week and a half. дальше »

2019-3-13 22:26


Ripple [XRP] Sentiment Analysis | When Bottom Or When Moon?

The price of XRP has maintained a level of $0.3 for a while even amid the bearish crypto market. In the last 24 hours, the market has seen a drop of  1.16% to $0.287. While the tendency for more fall still ranges in the crypto market as the top Cryptocurrencies are struggling to maintain recent […] The post Ripple [XRP] Sentiment Analysis | When Bottom Or When Moon? appeared first on ZyCrypto. дальше »

2018-12-15 23:43


Ether Price Analysis: Historic Support Tested Amid Signs of Distribution

It’s been weeks since ether has seen a new high or a new low and the market has found itself range-bound. At the moment, we are seeing signs of distribution as large rounds of selling have remained present during key support tests:Figure 1: ETHUSD, 4 Hour Candles, Trading RangeSo far, for the last few weeks, ether has seen a trend of higher lows and low highs (the converging red trendlines). дальше »

2018-10-20 01:31