Tag: Markets

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Crypto Markets Continue to Drop, Bitcoin Briefly Slips Below $8,200

Wave of red on crypto markets grows, bringing more losses among the top 20 coins and exposing Bitcoin to the new potential drop. After another sell-off earlier today, crypto markets have continued to fall, with Bitcoin (BTC) briefly dropping below the $8,200 threshold. At the time of writing, 19 out of the top 20 coins…
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Spanish Financial Watchdog Warns Against Unregulated ICO Scheme

The Comisión Nacional del Mercado de Valores has warned the public against Ethereum-based token dubbed AlyCoin. A Spanish financial watchdog has issued a warning against Ethereum (ETH)-based token dubbed AlyCoin. As Financial Magnates reported on Nov. 18, the Comisión Nacional del Mercado de Valores warned the public against AlyCoin as it the coin is registered…
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Bitcoin Price Key Pattern Is Suggesting 68% Chance of Bullish Reversal

Bitcoin is showing early signs of a potential bullish reversal, although the overall trend remains bearish with a retest of $8,000 likely for BTC/USD. Bitcoin (BTC) closed the week down almost 6% at $8,500. Altcoins performed slightly better than BTC but collectively also closed lower for the week, down 3.5% against the dollar. Bitcoin dominance…
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Bitcoin Price in ‘Golden Pocket’ as Trader Warns of $7,400 Breakdown

Sideways action and a failure to break $8,500 on Monday opens up the likelihood for bears taking control, analysts note. Bitcoin (BTC) failed to reclaim $8,500 on Nov. 18 as market sentiment continued trending downwards over the weekend. Cryptocurrency market daily overview. Source: Coin360 Bitcoin hovers at decisive $8,400 level Data from Coin360 showed BTC/USD…
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Ether (ETH) Looks to Break Nearly 2-Year Bear Market Against Bitcoin

Despite the pullback to $177, Ether’s USD and BTC pairs continue to flash bullish signals hinting at a potential run-up to the 200 DMA. This past week, Bitcoin (BTC) price had many investors biting their nails as the top crypto asset turned bearish and is currently fighting to stay above crucial support at $8,300.  Meanwhile,…
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Bitcoin Price Risks Falling Under $8.4K If the Bulls Don’t Step Up Now

Bitcoin price is teetering on the edge of more downside and is at risk of crashing below $8,400 as the bulls are running out of time to step up. Bitcoin (BTC) price is still retracing from the massive rally two weeks ago, which leads the sentiment to turn bearish. Several signs indicate that the price…
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These 4 Facts Show How ‘Boring’ Bitcoin Is Crushing the Stock Market

Despite an uneventful November so far, Bitcoin is still outperforming traditional markets in 2019 for several reasons including fundamentals and rising institutional interest. Analytics company Blockforce Capital published the October edition of its in-depth crypto markets overview on Nov. 11. Packed with information, the report provides a surplus of data on the overall state of…
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Bitcoin Price Diary: VET, XLM, TRX Double-Digit Gains — BTC Flatlines

Veteran trader secures a 60% profit on VeChain, 8% on Tron, 18% on Stellar Lumens and breaks even on Bitcoin. Altcoins have continued to boom while Bitcoin (BTC) has effectively traded sideways. I closed the majority of my position in VeChain (VET) for a quick 60% profit and nailed my exit on Stellar Lumens (XLM)…
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EU Must Coordinate Crypto Regulation to Become Global Leader: AFME

Europe has the potential to become a global leader in crypto-assets if it succeeds to create a common approach to regulating the sector, argues the AFME. Europe has the potential to become a global leader in crypto-assets if it succeeds to create a common approach to regulating the sector.  So goes the argument in a…
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Bitcoin Price Bounces Off Key Moving Average as Bulls Avoid Death Cross

Bitcoin struggles against resistance at the 0.5 Fibonacci level after a brisk bounce off its 50-day moving average as support. Is a drop to $8,000 next? Bitcoin’s (BTC’s) price has been choppy since its October spike to $10,350, giving no clear indications of where its trend will head next. Overall, crypto’s pioneer asset has been…
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