Coins

Ethereum Surging 4% Higher Ahead Forming Falling Wedge Pattern Breakout To $240

May 7th, 2020

Ethereum stalls under $210 resistance despite the 4% gain on the day. A forming falling wedge pattern coupled with the correlation to the Bitcoin price is a key factor to ETH/USD surge to $240. Ethereum has been struggling to stay afloat the critical level at $200. Following April surprise move to $227, bears crept back…

Tezos Price Analysis: XTZ/USD Stalls Under $3.00 But Can This Bullish Interest Push To $4.00?

May 6th, 2020

Tezos price correction from the hurdle at $3.00 finds support above the 50% Fibonacci level. XTZ/USD settles in a sideways action between the 61.8% Fibo resistance and the 50% Fibo support. Tezos price action has been lethargic in the last few days after the bulls hit a snag at $3.00. On the downside, the bearish…

Ethereum Breaks Below Critical Support at $200 with Bitcoin’s DeFi Inclusion

May 4th, 2020

Ethereum [ETH] based DeFi, MakerDAO, adds support for Bitcoin [BTC] as a collateral to issue the DAI stablecoin. WBTC (Wrapped Bitcoin), issued on Ethereum, will now be used in addition to ETH, BAT, and USDC to open Maker Vaults in order to generate Dai.  Maker developers noted in the update yesterday, Bitcoin holders can now turn…

Ethereum Price Analysis: ETH/USD Sustains Ascending Channel, Poised For Run-Up To $230

May 1st, 2020

Ethereum price defends support at $200 and renews uptrend towards $230. An ascending channel contains price action while the bulls deal with the resistance at the 61.8% Fibo. The cryptocurrency market has remained bullish despite a reversal from the new April highs. Particularly, Ethereum took a breather from the bearish price action on finding support…

Japan Implements Significant Changes to Cryptocurrency Regulation Today

May 1st, 2020

Major changes are happening in the cryptocurrency space in Japan as new cryptocurrency regulation enters into force today. Among notable changes are the regulation of crypto custody service providers and crypto derivatives businesses. Japan has 23 regulated crypto exchanges; unregulated platforms have modified their terms of service affecting Japanese residents. Japan Adopts New Way to…

Top 3 Price Prediction: Bitcoin, Ripple and Ethereum Fire Up To New April Highs

April 30th, 2020

Cryptoassets to close trading in April in the positive following a COVID-19 triggered price crash in March. Bitcoin bulls step above $9,000 is a major milestone but bulls refuse to rest until $10,000 is in the rearview. The cryptocurrency market is explosively bullish on Thursday led by Bitcoin. Across the board, cryptoassets have recorded gains…

Unconfirmed Report: Binance Crypto Exchange Under Attack

April 29th, 2020

World’s leading cryptocurrency exchange, Binance, is reportedly under attack. According to a report from Coinness, the Co-founder and CMO of the exchange, Yi He, notified about the attacks in a WeChat group. On social media, a recent mailer from the exchange sent in Chinese text has had users suspect a phishing attempt. Nevertheless, the customer…

Bitcoin Price Analysis: BTC/USD Backs Down From $7,900 Hurdle, Is A Pre-Halving Rally To $9,000 Likely

April 29th, 2020

Bitcoin price stalls under $7,900 but bulls looking forward to a pre-halving rally. Bitcoin price contains gains within an ascending channel, hinting that the gradual recovery to $9,000 is still on course. After a period of containing gains above $7,700, Bitcoin bulls renewed their strength on Tuesday, pulling Bitcoin towards $8,000. Unfortunately, the price hit…

Maintenance of BitShares.org website

April 28th, 2020

BitShares home website will be switched offline on 30th April 2020 (08:00 UTC) for system and website maintenance. This is due to the website requiring a makeover including updated content that will align to current consensus, and also vast improvements to the underlying infrastructure with main focus on security. *.bitshares.org Note that the main reference…

Ethereum Price Analysis: ETH/USD Printed Bearish Pennant Hints Reversal To $150

April 28th, 2020

Ethereum price is grinding towards a reversal following the formation of a bearish pennant pattern. Ethereum bulls have a task to defend $190 support at all costs to avert possible losses to $150. Ethereum price hit a wall at $200 following the impressive recovery from the recent support at $160. The struggle at $170 and…