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Bitcoin Price Analysis: Slow Upward Drift Tests Market Supply

A slow, grinding upward drift has been the name of the game for bitcoin’s market over the last few weeks. The upward drift is bringing us slowly to a level that was previously rejected violently:Figure 1: BTC-USD, Daily Candles, Upward DriftOur third rejection of the red resistance level shown above brought the market into a test of macro support in the mid-$3,000s. дальше »

2019-3-23 01:23


While Tether Withdraws Claim of USD Backing, Rival Stablecoins Provide Monthly Attestations

The controversy surrounding the backing of Tether’s USDT tokens has resurfaced following a recent alteration to the company’s terms of service that now state the reserves backing USDT comprise “traditional currency and cash equivalents and … other assets and receivables from loans made by Tether to third parties. дальше »

2019-3-18 17:48


“Remember Lads, Subscribe to PewDiePie”: We Need to Talk About How Domestic Terrorists are Created Online

When I was a wide-eyed 19 year-old sophomore at the University of Hull in 2009, I had a close friend and housemate whom we shall call ‘Harry. ’ Despite the wide cultural gap between this privileged Nigerian international student and the ‘third culture’ child of middle-class Chinese-Norwegian parents who spoke in an American accent, we bonded over our mutual love for girls, videogames, Chinese cuisine, internet culture and anime. дальше »

2019-3-17 12:42


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Bitcoin Price Analysis: Could Three Times Be the Charm for This Resistance Level?

Bitcoin remains in its tightly coiled range as the market continues its sideways trend for the third week in a row. While macro support has been tested three times recently, we have yet to test the overhanging macro resistance:Figure 1: BTC-USD, Daily Candles, Narrow RangeThe blue zone outlined above shows a very strong zone of support that, over the last few weeks, has seen three strong tests and has led to a slowly upward-drifting market consolidation. дальше »

2019-3-16 01:56


“This Is No Way to Run a Country!” Businesses Rage at Brexit Economic Suicide as $1 Trillion Exits UK

Britain is running head-first into economic suicide. That’s the verdict from furious business owners in the UK as we enter the third day of shambolic Brexit votes. The latest voice to join the backlash is Carolyn Fairbairn, the head of the Confederation of British Industry (CBI), which represents 190,000 companies. дальше »

2019-3-14 18:41


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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


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Here are the 3 ways OneCoin defrauded cryptocurrency investors for billions

The alleged ringleaders of OneCoin, the multi-billion dollar cryptocurrency-fuelled pyramid scheme, have finally been busted. On Friday, US authorities apprehended brother-and-sister duo Konstantin Ignatov and Ruja Ignatova at Los Angeles International Airport over their role in the international blockchain-based scam, reports Bloomberg. дальше »

2019-3-11 14:42


Latest Litecoin Price Momentum Has Crypto Investors Predicting LTC Can Oust XRP By End of 2019

A recent article has made a pretty interesting and largely optimistic prediction for Litecoin (LTC). The article which was posted on the official Forbes website, projected that Litecoin will end the year as the third largest cryptocurrency ranked by the market capital, ultimately displacing Ripple’s XRP, which is the current third position. Possible Reasons for […] дальше »

2019-3-10 22:00


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Bitcoin Price Analysis: New High Paves Potential Reversal Setup

After days and days of consolidation, bitcoin finally managed to break a new high for the first time in almost two weeks. This new high, so far, has been short lived, however, as it was almost immediately sold into by eager bears:Figure 1: BTC-USD, 4-Hour Candles, New HighOur current 4-hour candle is seeing a relatively easy retracement after days and days of an upward grind. дальше »

2019-3-9 02:08


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As Court Reconvenes for QuadrigaCX, Questions Surround Empty Cold Wallets

As QuadrigaCX’s legal counsel descends on the courtroom in Halifax, Nova Scotia, for another round of legal proceedings, the court monitor’s third report on QuadrigaCX’s finances — specifically its revelation that the exchange’s cold wallets are empty — lays out some hopeful avenues for fund recovery — and some frustrating dead ends. дальше »

2019-3-5 20:20