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DATE POSTED:June 24, 2019
  • Bitcoin has a bullish short-term bias, with the cryptocurrency trading at its highest level since March 2018
  • The four-hour time frame shows that the BTC / USD pair has reached its invalidation target
  • The daily time frame shows that the recent advance has created a huge inverted head and shoulders pattern
Bitcoin / USD Short-term price analysis

Bitcoin has a bullish short-term trading outlook, with the BTC / USD pair advancing to its highest trading level since March 2018.

DATE POSTED:June 24, 2019
  • Aeternity has a bullish short-term bias, with the cryptocurrency spiking towards the best levels of the year so far
  • The four-hour time frame is showing that a bullish inverted head and shoulders pattern has formed
  • A large bearish pattern has now been invalidated on the daily time frame
Aeternity / USD Short-term price analysis

Aeternity has a bullish short-term trading outlook, with the cryptocurrency spiking towards the current 2019 price high.

DATE POSTED:June 24, 2019
  • Cardano has a bullish short-term trading outlook, with the cryptocurrency briefly advancing to a fresh 2019 trading high
  • The four-hour time frame is showing that complex inverted head and shoulders pattern is unfolding
  • The daily time frame is showing that a huge bullish pattern continues to take shape on the daily time frame

Fundamental Analysis

DATE POSTED:June 23, 2019

Satoshi Nakamoto’s whitepaper outlines a vision for a peer-to-peer payment system that runs on decentralized architecture and has no use for an authoritative middle-man. The idea of a permissioned blockchain was nowhere to be seen. (In fact, the word blockchain was not actually mentioned in the whitepaper at all.)

DATE POSTED:June 23, 2019

Binance announced a new asset-backed token last week. Known as BTCB, it is backed by a reserve fund of Bitcoin (BTC) and will enable users to exchange the coin’s value on the Binance ecosystem.

DATE POSTED:June 22, 2019

MyEtherWallet (MEW) users will now be able to generate Dai straight from the interface, marking another important step for the platform as it expands its offering into decentralized finance.

DATE POSTED:June 22, 2019

Bitcoin has soared through $10k – and even peaked well above $11k earlier today – but we need to caution our readers that it’s not going to be entirely smooth sailing all the way to new all time highs. There will be peaks, but there will also be troughs.

After such a prolonged bear market, and an extremely exciting start to 2019 for the price of BTC, many people have forgotten just how many ‘catastrophic’ dips there were during the 2017 bull run.

 

DATE POSTED:June 21, 2019

Bitcoin prices (BTC) pushed past the $10,000 boundary on Coinbase Pro today, the cryptocurrency’s highest valuation for more than a year and a significant psychological milestone for retail investors as institutions prepare to enter the market.

DATE POSTED:June 21, 2019

Cryptocurrency enthusiasts have something to rejoice this Friday. The markets have turned green all around, following a sharp correction two weeks ago – and breaking 2019 highs once again.

The last time that the total crypto capitalization stood at $300bn was almost exactly one year ago, on June 10th, 2018. That period marked the ‘beginning of the end’, according to bearish prognosticators, where it became painfully obvious that crypto would enter a protracted period of hibernation.

DATE POSTED:June 21, 2019

Algorand’s CEO has defended the company’s recent $60M token sale, saying that not only was it freely-determined by the market but that it actually complemented their objective: to broaden blockchain’s appeal.