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Bitcoin price failed to climb above the $11,000 resistance and recently corrected lower. BTC/USD declined below the $10,500 support, but it seems like the price is holding the $9,800 support area. As long as the price is above $9,800, there could be a fresh increase. However, most major altcoins co..
Price Analysis The trade war between the United States and China has stoked fears of a recession. According to a survey by eToro, if a recession occurs, 40% of millennials would prefer to invest in crypto. However, Generation Z and Generation X investors are not convinced by crypto as they have ch..
Price Analysis Preparations for the launch of Bitcoin (BTC) futures on Bakkt are on track. While market participants were excited before the launch of CME group’s futures trading at the end of 2017, the current launch is being approached with caution. Bitcoin’s volatility continues to drop, which ..
Market Analysis The United States Federal Reserve is not working on a digital currency of its own, said Fed Chair Jerome Powell. He said that cyber security issues are likely to deter central banks from releasing their own digital currency. However, reports suggest that China might launch its digi..
Analysis From speculation about its inherent value to theories about it being the payment method of choice for criminals, cryptocurrency is having a tough time keeping a clean name. One of the most common accusations is that cryptocurrencies perpetuate the sale of illicit drugs, a view recently ex..
Price Analysis Jennifer Bailey, the vice president of Apple’s payments service, Apple Pay, said that the company was watching cryptocurrencies closely as they believe it has long-term potential. The company claims that Apple pay processes about one billion transactions every month. With such a wid..
Bitcoin price started a strong recovery above the $10,000 resistance area. BTC/USD is now facing hurdles near $10,850, above which it could climb towards $11,500 in the coming days. Conversely, upsides were mostly limited in most major altcoins, including Ethereum (ETH), ripple (XRP), binance coin ..
Price Analysis Asset managers VanEck and SolidX plan to offer a limited version of their Bitcoin (BTC) exchange-traded funds (ETFs) to qualified institutional buyers. While the wait for retail investors continues, institutional players might get an opportunity to buy the shares starting on Sept. 5..
Price Analysis The total market capitalization of cryptocurrencies has again bounced from just below the $250 billion mark, which is a positive sign. This level has repeatedly provided support in the past three months. It shows that investors are using dips to accumulate. Volatility has shrunk in ..
News French police have shut down a massive botnet that has been used for Monero (XMR) cryptojacking. Cryptojacking backed by “massive firepower”BBC News reported the development on Aug. 27. According to the police, the botnet was distributed by sending virus-laden emails with offers for erotic pi..