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Bitcoin Price Analysis: Potential Reaccumulation Could Test Bear Trend

Last week, after a devastating move that shook the market violently up and down for a 7% move in just a few short minutes, bitcoin saw a major sign of strength as it proceeded to have a slow, but steady markup where it managed to establish a local high in the $6,800s:Figure 1: BTC-USD, Hourly Candles, Shakeout Prior to MarkupThis shakeout forced the market to temporarily establish a new monthly low in what could be argued to be a stop-hunt prior to the move to the $6,800s. дальше »

2018-9-24 21:29


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Remember Paragon? ‘Revolutionizing Cannabis With Blockchain’ Token Down 96%

Paragon, the outfit which raised over $70 million in an ICO to build a “social network of cannabis startups,” has lost 96 percent of its market cap. Doing Nothing With Blockchain Perhaps the latest example of the “irrational exuberance” of the 2017 ICO rush, Paragon (PRG) , which had the backing of US rapper The Game and an infamous video to match, currently has a token market cap of just $2. дальше »

2018-9-20 04:00


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More Than Half of all Circulating Bitcoin Parked in Whale Wallets

Over 55 percent of bitcoins currently sit in wallets that have never made an outgoing transaction and have balances upwards of 200 coins, Diar reported on September 17, 2018. Whale-Sized Wallets Dominate the Market Long-term investors are keeping the faith in the king of cryptocurrencies despite the bears market in 2018, a data-crunching report from Diar showed. дальше »

2018-9-20 19:00


Berkeley Professor Questions Stablecoin Viability in Unflattering Op-Ed

University of Berkeley Professor Barry Eichengreen has taken a swipe at the viability of stablecoins in an op-ed published on Project Syndicate. The critique, entitled “The Stable-Coin Myth,” argues stablecoins are not automatically "viable" just because they are pegged to an asset, though Eichengreen does believe they have an advantage over "conventional cryptocurrencies" such as bitcoin which he says "is highly unstable" and "unattractive as units of account. дальше »

2018-9-13 18:07


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To Sell or Not to Sell: That Is No Longer The Question For Miners

Today, cryptocurrency mining operators could benefit from taking out loans while using their mined coins as collateral to cover their expenses and persevere during the current bear market.   Miners Can’t Hodl…or Can They? Large-scale miners have enormous fixed costs, which they must pay regardless of the price their mined coins are currently worth. дальше »

2018-9-11 22:00


Ether Price Analysis: Market Indecision Could Cause Short Covering Rally

When we last discussed the ETH-USD pair, the price was testing support in the mid $200 range. Since then, the market has dropped another 30% as ether tests the waters in the upper $190 range:Figure 1: ETH-USD, 1-Day Candles, Macro TrendThe volume on the current drop has been exceptionally high compared to the beginning of its descent from the $800s. дальше »

2018-9-11 01:02


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Crypto Flirts With Stock Market: Robinhood Prepares to Go Public, Coinbase CEO Hints Toward Possible IPO

The cryptocurrency market is currently in the midst of a major sell-off, with Bitcoin, Ethereum, and virtually all altcoins plummeting in value. The loss of over $40 billion from the cumulative cryptocurrency market cap over the last week hasn’t deterred some of the largest companies in the blockchain industry from looking toward the future, however, […] The post Crypto Flirts With Stock Market: Robinhood Prepares to Go Public, Coinbase CEO Hints Toward Possible IPO appeared first on CryptoSlate. дальше »

2018-9-9 15:18


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Bitcoin Price Analysis: Strong Rally Tests Trend-Changing Behavior

In a potentially trend-changing move, bitcoin has now managed establish its first *higher* low since the beginning of this years crypto bear market. In mid-June, after seeing a short-lived bounce from this year’s low in the upper $5,000s, the bitcoin market took a very harsh, unrelenting move that dropped the price from the mid $8000s to the $5900s. дальше »

2018-9-4 00:27


4 Bitcoin Mining Hardware Manufacturers Competing For the Industry’s Top Spot

Cryptocurrency mining manufacturers are vying for the top spot in the industry. Even though Bitmain remains the market leader, a fair few other companies are making inroads. The following companies, ranked in reverse order of market traction, are currently active in the world of commercialized Bitcoin ASIC mining. One can only hope more firms will […] дальше »

2018-9-3 20:00