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Bitcoin Price Analysis: Major Support Broken on Expanding Volume and Spread

After weeks of consolidation, bitcoin finally broke through support. The market now finds itself cruising toward prior lows. On expanding volume and spread, the bitcoin market appears ripe for a continuation of the downtrend:Figure 1: BTC-USD, Daily Candles, Broken SupportAlthough the current daily candle has yet to close, unless there is a strong influx of demand hitting the market, it stands to reason that bitcoin will be closing a new daily low for the first time since mid-December. дальше »

2019-1-29 02:01


New Stablecoins War and Index Platforms Are Tracking Major Market Fiat-Pegged Crypto Assets

New and Upcoming Platforms Are Tracking Major Market Based Stablecoins Over the past few months of 2018, we have seen the inclusion of a large number of coins, more importantly, we see the arrival of challengers to the otherwise greater level of dominance to the otherwise leading stablecoin in the market. This, of course, would […] дальше »

2018-12-13 06:50


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Bitcoin Price Analysis: Another Red Day Pushes BTC Into Deeper Support Test

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. дальше »

2018-11-20 02:27


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Bitcoin Price Analysis: Yearly Support Breaks as Bitcoin Tests Underlying Demand

After months and months of consolidation, the yearly support finally broke and now bitcoin has found itself in the lower $5000s for the first time since 2017:Figure 1: BTC-USD, Daily Candles, Broken SupportBitcoin managed to drop a staggering 16% yesterday as the market sliced through the long held support like a knife through butter. дальше »

2018-11-16 01:28


Bitfury’s Billion Dollar Valuation Shows Bitcoin Mining Network’s Growth And Interest Is Climbing

Bitcoin Mining Market Continues To Draw Interest Despite Various Reports Suggesting Otherwise Even though the past couple of months have seen a host of news stories suggesting that the Bitcoin Mining industry has been losing traction globally, BTC mining equipment manufacturer, Bitfury, recently announced that it been successful in securing a valuation of $1 billion […] дальше »

2018-11-8 19:03


Ripple’s David Schwartz Shares Opinions For CoinDesk’s “Bitcoin At 10 The Satoshi White Paper” Series

David Schwartz is the CTO for Ripple, which has seen a lot of progress in the last few months. CoinDesk has been trying to bring more attention to the cryptocurrency world and its progress lately with a series titled, “Bitcoin at 10: The Satoshi White Paper.” Schwartz recently became a part of the series with […] дальше »

2018-10-30 09:44


Bitcoin Hash Rate has Increased by 550% in the Past Year Which shows the Network is Growing Stronger Than Thought

Although the Bitcoin market has been far from smooth, there are strong indications that the digital asset’s network may be getting stronger. According to Longhash, a blockchain data and news company, Bitcoin hash rate has seen an increase of 550% in the last twelve months bringing it to the nearly all time high of 55,000,0000 […] The post Bitcoin Hash Rate has Increased by 550% in the Past Year Which shows the Network is Growing Stronger Than Thought appeared first on ZyCrypto. дальше »

2018-10-25 20:04


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