Key Highlights: Cardano (ADA) broke through its resistance of $0.3600 today and rose to as high as $0.3800 The coin was trending downward as it was unable to maintain a bullish momentum A weak bull signal is sent by the MACD lines A new support level is held at $0.3330 New Support Level For ADA/USD…
Despite this, we continue to have great optimism over the future of DLT and are actively experimenting with use cases. It’s clear we’re not the only ones. Deloitte recently reported that in 2016 there were nearly 27,000 blockchain projects started on the GitHub platform alone. However, Deloitte also found only 8% of those projects are actively maintained.…
In 2017, ICOs (Initial Coin Offerings) blew up in the cryptocurrency market and raised a total of $5.6 billion dollars. Startups discovered a new way to fundraise and receive capital faster, by holding these coin offerings. Instead of going through the traditional VC route which pinholes their company early to a specific valuation, they decided…
Bitcoin prediction: It’s been the roughest week yet for cryptocurrencies as the price of Bitcoin sank to just over $6000 – its lowest since November. This, coupled with regulatory fears and ICO scams, has led to increasingly bearish sentiments towards the cryptocurrency market in general. It has lost $340 billion USD since the start of…
Ripple Price Analysis Key Highlights: Ripple (XRP) broke through the $0.8000 barrier earlier today, reaching as high as $0.8060 The MACD indicator is sending a bullish signal A major support is established around $0.7550 Ripple — New Support Level Tested Ripple broke through the $0.74 level mentioned yesterday and even rose above $0.8000 for a…
Mixed opinions on Bitcoin price keeps the markets in the doldrums. Some analysts see the considerable crash, while others believe it could hit $50,000 by the end of this year. The unpredictable nature of cryptocurrencies is evident from the divergence of opinion. Bitcoin price has peaked around $19,000 before falling back to $6,000 on Tuesday.…
What coins should you invest in when the crypto market is down? Ethereum (ETH) and Litecoin (LTC) might be good options for you – and here’s why. The crypto market is known for being volatile. Just recently, on Monday many coins were down due to this announcement made by China. While many coins are beginning to…
Privacy coins are nothing new in the cryptocurrency space but lately, these unique coins have been gaining traction. When most people say privacy coin, most people automatically think of Monero (XMR). However, there are some new and established Privacy coins emerging on the market that deserve attention. Read on to discover our Top 3 privacy…
After a rough start to the week, crypto markets are in the green today. Ripple (XRP) and Stellar (XLM) have long been competitive and today their growth is pretty close. Which coin will win the race and experience the greatest growth for the day? On Monday, China announced that it would be blocking all websites…
February 7, 2018 – daily Ethereum Price Analysis. Key Highlights: ETH lifted off from the $800 support level earlier today Ethereum is now in bullish territory, heading toward a resistance level of $850 The Bollinger bands are also showing that another daily high could transpire Ethereum Testing New Resistance At $850 ETH was able to break…
