Why the Cryptocoin Crash of 15 June was much needed
On June 15, three well known cryptocurrencies — Bitcoin, Ethereum and Ripple — fell nearly 13-17% in one day of trading, while some smaller altcoins faced even higher drops in valuation. The overall decline in market cap of these cryptocurrencies combined is estimated...
How to Safely Trade Cryptocurrencies
Cryptocurrency has gone a long way from a geek thingy to the protagonist of headlines in mainstream media, which took it less than ten years to accomplish. Blockchain technology that underlies cryptocurrencies has gone even farther and now finds use cases far beyond...
Cryptocurrency Exchanges: Your Guide to Altcoin Trading
If you’ve bought Bitcoin as an investment, there are two ways to go forward: either hoard them and watch as the price rises, or exchange Bitcoin with other altcoins. While the former may have a long term advantage (Bitcoin has risen more than 400% from October 2016),...
Bitcoin Price Weekly Analysis – BTC/USD Poised For Gains
Key Points Bitcoin price after a strong correction found support at $2040 against the US Dollar, and started a recovery. There is a monster ascending channel forming with support at $2260 on the 4-hours chart of BTC/USD (data feed from SimpleFX). The price may soon...
Ethereum Price Weekly Analysis – ETH/USD Eyeing Break above $400
Key Highlights ETH price corrected lower this past week towards $255 against the US Dollar, but later it recovered very well. There is a crucial bullish trend line with support at $310 forming on the 4-hours chart of ETH/USD (data feed via SimpleFX). It looks like the...
