According to Lee, this movement follows a pattern: Bitcoin's bottoms behave "like a V". Based on an analysis of 22 corrections of 20% or more lived by the cryptomaniac since 2010, Lee concluded that Bitcoin generally takes about 1.7 times the duration of the decline to recover again. This metric therefore indicates that it will take about 85 days for Bitcoin to...
The 50-day moving average is approaching the 200-day moving average. If they touch, the bitcoin will suffer a great loss. Considering these trends and comparing these activities with the BTC's price in 2013, technical analyst Paul Day of Market Securities Dubai Ltd. said that the value will eventually fall to $ 2,800. "There has been a definite change over the...
I believe that BCH is solely dependent on the direction of the BTC. I see the buyers in fear. Well, they know that if the BTC goes down, BCH and LTC go together.
I believe you are depending exclusively on the direction of the BTC.
Litecoin's price has risen more than 25% in the last 24 hours in response to the announcement that the LitePay payment processor would be released. The high made the criptomoeda back to the level of $ 200, price that was not seen since January 21. Litecoin now again ranks fifth in the market value ranking with $ 11.2 billion. Although Litecoin is still trading...
Litecoin Cash has announced that the countdown has begun for the launch of a new criptomoeda that will be born from a Litecoin hardfork (LTC). In block number 1371111 Litecoin Cash (LCC) will be created. Investors who own Litecoin will automatically receive 10 Litecoin Cash for each Litecoin they own. While Litecoin has always been mined with Scrypt, Litecoin...
AUTHOR Samburaj Das The president of the European Central Bank has publicly stated that European banks could hold positions in bitcoin after developments such as Bitcoin futures contracts listings by US exchanges. While delivering the opening statement and closing remarks at a European Parliament meeting this week, European Central Bank (ECB) president Mario...
The digital currency community was expecting a booming success of Bitcoin futures on the Chicago Mercantile Exchange (CME) and the Chicago Board Options Exchange (CBOE), but institutional investors did not seem to get so excited about the idea. The price of the world's most famous digital currency that peaked at $ 20,000 before launch now sails around $...
The "Wall Street Wolf", as former stockbroker Jordan Belfort is known, once again raised doubts about Bitcoin in an interview given to businessman Patrick Bet-David and published on Facebook. Belfort said it does not believe that Bitcoin is a fraud, but it also does not bet on the digital currency. According to him, the cryptomoeda was created by "financial...
The crypto-currency market woke up in shock on Tuesday (16), with virtually all digital currencies falling strongly, pushing Bitcoin to its lowest level since December. Tension continues to come from Asia, where both China and South Korea are threatening to suspend trading in the exchanges. The negative move came after new comments from South Korea's economy...
In a recent article on the Bloomberg website, Eric Lam summarized the positions publicly assumed by each Central Bank. United States: Jerome Powell said that governance and risk management will be critical points from now on. He said there are significant challenges to the issuance of a crypto-currency by the US government and that privacy is one of the concerns....
by Jon Creasy for Hackernoon The mainstream media is passionate about headlines where they call the bubble crypto. You can see this everywhere. I, on the other hand, wrote several articles on why I believe the opposite is true. However, as a mental exercise, I like to think of which tokens would stand if the bubble really burst. Before diving into my opinion on...
South Korean regulators are seeking cooperation with counterparts from Beijing and Tokyo to address cryptocurrency speculation. Six commercial banks have been targeted by Seoul authorities inspecting crypto trading. Korean experience is to help a possible trilateral approach to regulation. “Trial-And-Error” to Shape the Efforts The Financial Services Commission...
The controversial SegWit2x Bitcoin (BTC) hard fork will go ahead on Dec. 28, according to the project’s official website. The SegWit2x project, which caused months of debate and infighting among the Bitcoin community prior to its last-minute cancellation in November, now says it will fork off at block 501451, due in around two days’ time. The project’s Founder...