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One of the most successful and popular entrepreneurs, Elon Musk, recently spoke about Bitcoin and the general idea of cryptocurrencies. Appearing on a podcast, he said that digital assets will not replace cash fully, but they have a role to play. Bitcoin Won’t Replace Money: Musk Elon Musk is widely known for his business endeavors […]
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Bitcoin Bitcoin has dropped by a small 5% over the past week as it hovers around the $8,400 level. It found strong resistance at the $8,963 level (bearish .786 Fib Retracement) and was unable to overcome it. The latest retracement was expected, considering that Bitcoin managed to surge by over 30% in January to reach […]
The post Crypto Price Analysis & Overview January 24th: Bitcoin, Ethereum, Ripple, Bitcoin Cash, and Dash appeared first on CryptoPotato.
Bitcoin went through yet another week full of volatility and considerable market movements. The cryptocurrency decreased by a total of about $400 in the past seven days. This happens just before the Chinese New Year, and history revealed that it has historically been a rather bad time for Bitcoin. However, it’s also worth noting that […]
The post Bitcoin Price Finds Crucial Support Ahead Of Chinese New Year: Crypto Weekly Market Upadte appeared first on CryptoPotato.
Across trading pairs, XRP is charting a loss of 1.24% at the moment. Against Us Dollar, XRP looks for a strong rebound level while captured in a falling wedge. Bearish bias may elapse beyond expectation if XRP fails to find support on channel pattern. XRP/USD: XRP Sharply Bounced Near $0.21 Support, Has the Correction Ended? […]
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Negative rates are becoming exceedingly popular among central and local banks around the world, and the trend extends in Germany with the start of 2020. Amid this, Bitcoin’s pre-programmed inflation rate raises the question if it could serve as a full-on alternative. Simply put, having negative rates means that instead of receiving interest income on […]
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Even though Peter Schiff’s lost bitcoins saga has been resolved, for now, it continues to attract the attention of the cryptocurrency community. The CEO of Binance, Changpeng Zhao (CZ), recently noted that Schiff helps Bitcoin as his negativism will push people to do the opposite of what Schiff trying to express. CZ On Schiff’s Lost […]
The post We Need More ‘Peter Schiffs’ In The Cryptocurrency Ecosystem, Explains CZ Binance appeared first on CryptoPotato.
The World Economic Forum (WEF) in Davos, Switzerland, ended yesterday with a significant mark on the cryptocurrency market. On the last day, WEF announced the first global consortium focused on designing a framework for the governance of digital currencies, including stablecoins. Global Consortium For Digital Currency Governance The World Economic Forum for 2020 took place […]
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Ethereum saw a decline of about 7%, bringing the price for the coin beneath $160. Against BTC, ETH dropped lower but managed to find support at 0.018 BTC to rebound back above 0.019 BTC. Ethereum is now testing support at $159 and will likely head toward $146 if it collapses beneath. Key Support & Resistance […]
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Binance Coin has seen an impressive 27.5% price hike this month, bringing it up to $16.83 Against BTC, BNB rebounded from support at 0.00179 BTC at the start of 2020 to climb to the current 0.002 BTC level. Binance Coin has dropped a small 5% this week after meeting resistance at the 100-days EMA and […]
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The popular blockchain analytics company, ChainAnalysis, recently posted a review of how 2019 related to previous years in terms of cryptocurrency exchange hacks. The data reveals an increased number of attacks, but less stolen money compared to 2018. More Cryptocurrency Hacks In 2019 The report informs that hackers attempted the most amount of attacks against […]
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