By Tuesday’s beginning, the bullish trend continues to dominate the cryptocurrency market. Total capitalization is $510 bln, just as it was two days earlier. During the day, Bitcoin price had grown by 8.2 percent to $11,550 while its dominance increased by another hundredth- now it is 38 percent. The underlying asset continues to grow more […]
Category Archives: Coins
According to the Bank of England, Bitcoin isn’t a currency. Governor Mark Carney said: “It has pretty much failed thus far on … the traditional aspects of money. It is not a store of value because it is all over the map. Nobody uses it as a medium of exchange.” The good news is that, even […]
The cryptocurrency market was overflowing with fateful events on Tuesday as we watched with great interest. Though not on the first try, Bitcoin did manage to overcome the critical resistance level, reaching a maximum of $11,800 during the day. However, just a few hours later, the bears came out of their long hibernation and struck […]
Let’s start with the good news. It’s highly probable that on Wednesday we saw the end of the localized Bitcoin correction (and therefore, the entire cryptocurrency market correction). On Feb. 22, the underlying asset arrived at better form than the day before. Although BTC price hasn’t fully rebounded from the fall, the impulse for the […]
By the beginning of Friday, despite numerous signals to the contrary, the bearish trend persisted on the cryptocurrency market. Now it’s clear that the situation is not just a local, but a full-fledged correction that involves all assets. Due to the buyers’ indecision, total market capitalization decreased to $425 bln which is comparable to the […]
When a trader has looked at charts long enough, it can become a kind of meditation, and he learns to notice the tiniest changes. He uses the price graphs to determine the state of the market much in the way of a Tibetan doctor. He takes the market’s pulse and feels its condition: weakness or […]
Last weekend was another nerve-racking one for cryptocurrency investors: the market continued to fall, although the rate of asset price decline slowed significantly compared to the middle of the week. On Sunday we watched again as the bulls timidly attempted to change the situation, but their indecision precluded a clearly defined turnaround. So now, by […]
Japan’s stagnating economy contributed to fierce competition on Japanese cryptocurrency exchanges, creating a strong crypto market that is encouraged by supportive legislation. In addition, widespread Bitcoin acceptance and development of alternative currencies like Cardano make Japan one of the world leaders in Blockchain technology adoption. Friendly jurisdiction Japan has emerged as one of the biggest […]
By the middle of the week, tensions in the cryptocurrency community are growing again as investors experience the whole gamut of emotions: agonizing expectation, hopes for upcoming profits, fears of possible setbacks. All eyes are on Bitcoin, which currently serves as the market’s litmus test, as it reaches yet another significant level. Maximum price on […]
The last 24 hours were as full of exciting events and extreme emotions as an action-packed thriller. His Majesty Bitcoin, accompanied by his altcoin army, attempted to storm the important resistance level for the second time this week, reached $11,070, but unable to get a foothold, was thrown back to its former position. As a […]