At the moment, the virtual currency market is holding a very important support, with bullish moves recorded by BTC. Conversely, there are a number of other coins that recorded certain bearish moves in the past couple of hours. They included Stellar – XLM, Bitcoin Cash, Ethereum, Tron, Ripple, EOS and ADA. The Current Price Analysis […]
Litecoin (LTC), is one of the most bullish Cryptocurrencies in the market right now after gaining over 9% in the last 24 hours to peak at $138 as at press time. This growth comes after a sharp decline that LTC/USD experienced between May 29 and June 4 and when the Token price dipped from $122 […]
Stellar Lumens (XLM) is a leading Cryptocurrency whose adoption in the Crypto market is steadily surging. At the current market cycle, XLM is the 10th largest Digital Asset behind popular Coins such as Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Bitcoin Cash (BSV), Ripple (XRP), BinanceCoin (BNB), Litecoin (LTC), and EOS. However, Stellar (XLM) has not […]
One of the indicators of a booming economy is an increase in vacant positions. The US Economy is one of the best examples where increased job opportunities reports are always accompanied by a correlated surge in the GDP growth month-over-month. In the nascent Blockchain technology and Crypto market that define the Digital Economy the prospects […]
According to a Whale Alert on Twitter, Ripple has released 1 billion XRP Tokens to the Crypto market on May 1, 2019. Although this is, comparatively, a small number given that Ripple had over 40 billion Tokens, it signifies that the platform is committed to following through with its roadmap. This is happening at a […]
Bitcoin Fell Below $5000 Again The price of Bitcoin has plunged below $5000 again. Whether it was Brexit or an April Fool’s joke that triggered the recent bull run, the effect was bolstered by two clearly identifiable effects. 1. FOMO (fear of missing out): Media, social networks & forums all discussed the recent surge & […]
Russia Set Legal Framework to Issue State Cryptocurrency The Russian Duma, the lower house of Russia’s Federal parliament, will reportedly debate and adopt a law on cryptocurrency. Accrding to Igor Yusuf, one of Russia’s retired Energy Ministers, the law will provide a legal basis to create a cryptocurrency. Yusuf speculates that Russia could back the […]
Liberstad – Norwegian Smart City Replaces Fiat With Own Cryptocurrency Liberstad, a city in southern Norway, has abolished Fiat money in favor of its own cryptocurrency. The new money of Liberstad has the name City Coin (CITY). The people of Liberstad have already adopted CITY to buy goods and services. A spokesman of the city spoke […]
Bitcoin (BTC) has been trading within the range of $3,400 and $3,600 from the beginning of the year. The BTC chart from February 8th, 2019 shows little variations as the price established itself around $3, 600. In this last 10 days, it seemed as if the level of resistance which had formed at $3, 700 […]
This is the chart (fig. 1) that we used at the beginning of December. We did not predict the “Christmas rally”. As this had been the point where the significant resistance at around 6000 broke. The market is currently still testing if the support at the 200 Weekly MA is still solid enough to prevent […]
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