Author Archives: @HowtoBitcoin

Crypto Analysts: Bitcoin Strong After ETF Mishap Is Sign Of Bottom

Crypto Analysts: Bitcoin Strong After ETF Mishap Is Sign Of Bottom

Crypto’s worst nightmares came to life on Wednesday, as the U.S. Securities and Exchange Commission (SEC) revealed that the long-awaited Bitcoin (BTC) exchange-traded fund (ETF) from VanEck had lost steam. Interestingly, however, the value of cryptocurrencies barely budged. This simple bout of nonaction sparked a newfound influx of bullish sentiment, in spite of the ostensibly bearish news. Related Reading: 58% of US Investors Would Invest in Bitcoin via ETF: Major Hedge Fund VanEck: U.S. Shutdown Curbed Bitcoin Discussions With SEC As reported by NewsBTC previously, the American entity claimed […]

Read More...

Ethereum Price Analysis: ETH Relatively Muted, Next Move Finally Coming?

Ethereum Price Analysis: ETH Relatively Muted, Next Move Finally Coming?

ETH price revisited the $114 support area and later moved higher against the US Dollar. Yesterday’s highlighted declining channel is intact with resistance near $117 on the hourly chart of ETH/USD (data feed via Kraken). The pair may soon make the next move either above the $118-119 resistance or below the $114 support. Ethereum price is confined in a tight range against the US Dollar and bitcoin. ETH/USD is likely setting up for a major move in the coming sessions either above $120 or below $114. Ethereum […]

Read More...

Ethereum Price Analysis: ETH Remains A Sell Until It Breaks $120

Ethereum Price Weekly Analysis: ETH Facing Uphill Task Near $128

ETH price tested the $119-120 resistance area and failed to gain strength against the US Dollar. There is a short term declining channel formed with resistance near $118 on the hourly chart of ETH/USD (data feed via Kraken). The pair is currently at a risk of more losses as long as it is trading below the $118 and $120 hurdles. Ethereum price failed to stay in the positive zone against the US Dollar and bitcoin. ETH/USD trimmed most its gains and it is likely heading towards the […]

Read More...

Crypto Tidbits: Bitcoin Bull Raising $250M, Binance Launches OTC, ETF Pulled

Crypto Tidbits: Billionaire Raising $250M For Crypto Firms, Binance Launches OTC

The crypto market may be in the midst of a mundane, multi-month lull, but the Bitcoin news cycle has begun to pick up steam. Save for the withdrawal of VanEck’s Bitcoin exchange-traded fund (ETF) application, this sector’s upstarts made strong fundamental steps forward. A former Wall Street investor began his search for $250 million for a cryptocurrency fund, while Coinbase and Binance pushed new offerings. Moreover, rumor has it that two monumental, potentially paradigm-shifting crypto-centric business deals are slated to finalize in coming weeks and months. Crypto Tidbits […]

Read More...

Bitcoin May Take Much of 2019 to Bottom Out, But There Are Catalysts

Bitcoin May Take Much of 2019 to Bottom Out, But There Are Catalysts

The search for a bottom in crypto markets has been arduous. Over the past year, day in, day out, pundits in this nascent community have sought to discern where the falling knife will stick. Yet, cryptocurrencies, like Bitcoin (BTC), have continued to trade without rhyme or reason, leaving a majority of consumers in a bear market-induced state of confusion. Yet, a leading pro-innovation venture capitalist has remarked that a bottom for blockchain-based assets is nigh, and draws ever closer with the passing of each day. Related Reading: Prominent Bitcoin Short […]

Read More...

WAVES Founder Sings Blockchain Not Bitcoin Tune in Davos

WAVES Founder Sings Blockchain Not Bitcoin Tune in Davos

The founder and CEO of the Waves blockchain platform has weighed in about the future of blockchain technology as well as cryptocurrencies such as Bitcoin at the World Economic Forum in Davos. Aleksandr Ivanov believes that the impact of distributed ledger technology underpinning digital assets will one day impact almost every industry on the planet. In terms of cryptocurrencies themselves, the Russian entrepreneur believes that they may well be a passing fad in the greater blockchain revolution. He does, however, state that some form of digital currency will […]

Read More...

Bitcoin Price Watch: BTC At Risk of More Losses Until It Breaks $3,600

Bitcoin Price Watch: BTC At Risk of More Losses Until It Breaks $3,600

Bitcoin price failed near key resistances at $3,600 and $3,620 against the US Dollar. This week’s followed key bearish trend line is in place with resistance near $3,570 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price may continue to move down unless buyers gain strength above the $3,600 and $3,620 levels. Bitcoin price struggled to surpass the $3,600 pivot zone against the US Dollar. BTC is currently at a risk of more losses towards $3,480 as long as the price is […]

Read More...

ConsenSys Partners With Harvard, Major Milestone for Etheruem?

ConsenSys Partners With Harvard, Major Milestone for Etheruem?

Blockchain tech firm and startup incubator ConsenSys will be collaborating with the likes of Harvard University, self-proclaimed “think tank” New America, and iconic denim brand Levi Strauss & Co. on a new initiative to bring Ethereum-based blockchain technology into the workplace in an effort to improve the overall health and safety of workers. The news could also potentially further legitimize Ethereum in the United States by being at the center of the collaboration. Harvard’s Workforce Well-Being Program Partners With Levi’s and ConsenSys ConsenSys, an Ethereum-focused blockchain firm […]

Read More...

Fractal Pattern Analysis Indicates Bitcoin Could Fall to $2,500 Before Recovery

Fractal Pattern Analysis Indicates Bitcoin Could Fall to $2,500 Before Recovery

Chart and pattern analysis has been widely used to try to predict when Bitcoin and crypto markets will hit the bottom. A huge range of technical indicators combined with historical snapshots are put to work in order to tell us when the optimum time to get back in is. The latest price prediction tool is a fractal which is when a pattern repeats itself on a smaller scale. Fractals can be seen in all forms of nature and are repeated in financial markets. Mathematical patterns and an […]

Read More...

Bitcoin (BTC) Will Soon Break Record for its Longest Correction Ever, Where Will it Go Next?

Bitcoin (BTC) Will Soon Break Record for its Longest Correction Ever, Where Will it Go Next?

The past year has been long and difficult for everyone involved in the cryptocurrency industry, and the markets are now reaching a point that will mark the longest ever Bitcoin (BTC) price correction in the cryptocurrency’s wild, albeit brief, history. For investors who have been riding the markets ever since Bitcoin hit nearly $20,000 in late-2017, they will soon be able to say that they survived the longest-ever crypto market correction, which may someday be seen as a badge of honor that separates the true believers in […]

Read More...
1 37 38 39 40 41 52