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Visa Boss Wants Company ‘in the Middle’ of Crypto as Cash ‘Declines’
17.3.2021
Alfred Kelly. Source: a video screenshot, Youtube, Business Live ME
The Visa CEO Alfred Kelly says that his company is set to embrace bitcoin (BTC)-related business in earnest, and claims that partnerships in both the crypto and stablecoin sectors are already in the pipelines – while adding...
Market Wrap: Bitcoin Hangs Around $18K While Ether Locked in DeFi Declines
19.11.2020
Bitcoin’s price pulled off the bull road for a rest stop Thursday while ether holders pull out of DeFi
Zero-sum game: DeFi declines while Bitcoin booms
3.11.2020
While Bitcoin’s value has increased by more than one-third since September, DeFi tokens have floundered. Are the two things related?
Bitcoin and Altcoins at Risk of Further Declines
24.9.2020
Bitcoin price failed to recover above USD 10,550 and extended its decline below USD 10,300. BTC even spiked below the USD 10,200 support and it is currently (08:30 UTC) consolidating near USD 10,330. If there is an upside correction, the price might face sellers near USD 10,400 and...
Bitcoin Nears $12K as Dollar Declines to 29-Month Low
1.9.2020
Sell-off in the U.S. dollar and ether's price rally power gains in bitcoin
Whales' Control Over Bitcoin Supply Declines - Research
7.8.2020
The largest holders of bitcoin (BTC) – also known as the whales – have long been known to hold a firm grip over the market. But according to a new study, their level of control has been falling over the past five years.
According to on-chain analysis firm Glassnode, the share of the BTC supply that...
Number of Bitcoin Whales Rises, but Their Wealth 'Declines'
17.6.2020
Although the number of bitcoin (BTC) whales is growing, it looks like some of the crypto world's biggest players now hold less BTC now than they did four years ago. They also hold less wealth in USD terms than they did three years ago, per a recent report from blockchain analytics firm...
Bitcoin Fees Fall 60% While Transaction Count Declines
30.5.2020
Bitcoin (BTC) average transaction fees dropped by nearly 60% in the last week, as the number of transactions queuing up to be processed on the network eased. According to data from Bitinfocharts, the cost of making a transaction over the Bitcoin blockchain fell to around $2.61 on May 28, down from...
US Real Estate Crisis: Home Sales Plunge to 9-Year Low, Mortgage Delinquencies to Soar Past Great Recession Level
24.5.2020
The US real estate market is facing a crisis as unemployment soars amid the coronavirus pandemic. Home sales have plunged to a nine-year low and a record-high number of homeowners are defaulting on their mortgage payments. The impact of the real estate crisis is also seen in rental and commercial...
Market Wrap: Bitcoin Price Volatility Declines in Contrast to S&P 500
15.4.2020
As coronavirus upends economic patterns, the S&P 500 continues a rocky run while bitcoin’s volatility has declined
Stellar Declines by 9% Over a Day; Still Looking for a Support Level
23.3.2020
XLM coin is testing support levels at $0.0364 as the coin is yet to halt the price decline Support area near $0.0369 has already been breached, and moving averages are in the negative zone too Technical indicators are exploring bearish areas while Stellar fails to start a rebound journey amid lack...
Stellar Price Declines by 17%; Recovery Doesn’t Seem Imminent
16.3.2020
XLM coin faced a steep price drop recently; it tested support levels at $0.033 The currency faced rejection at $0.040 yesterday; pullback was followed by a decline of 17% Yesterday’s mild bullish sentiment has turned into a strong bearish approach today after Bitcoin price again dipped below...
Bitcoin Declines Yet Appears Bullish as it Rises Above $9,700
11.2.2020
Bitcoin, at the time of writing, was trading at $9,786.28 on Coinbase after having hit an intraday low at $9,705.22. This steep fall has led the coin towards a “death crossover” as the 200-day daily MA is crossing above 50-day daily MA as the BTC price consolidates below $10,000 for the second day....
Dogecoin (DOGE) Declines Moderately; Gains Support from 9-day MA
17.12.2019
Dogecoin trades at $0.00206 and gains slight support from 9-day MA In the past seven days, DOGE price has been facing sturdy resistance from $0.00219 price area All the moving averages have been declining as the whole market crashes Dogecoin is trading moderately bearish as compared to the other...
Ripple (XRP) Price Declines Over a Day by More Than 3%
10.12.2019
Ripple price is down by more than 3%; consolidates today The coin is trading below the 23.60% Fib level; recently formed bullish candles The 5-day chart looks positive; however, the XRP coin has corrected down after the notable surge The coin has formed a bearish trendline over the last couple...
Cardano (ADA) Declines Leisurely as it Forms Narrow Trading Price Range
10.12.2019
Cardano moves stably from almost a week now after having declined from $0.040 The current trading price of ADA coin is due to the downside breakout of the uptrend that it recently formed—observed while having a closer look at the price movement The previous trading month remained moderately...
Litecoin Faces Volatility; Declines by 3.15% Over the Last 24 Hours
4.12.2019
Litecoin has traded below 45 USD amid the market pressure The medium-term outlook may get bullish with resistance around 46 USD Litecoin has been down by 3.15% over the last 24 hours and the value has now gone as low as 44.21 USD. Over the last 24 hours, it has shown three major price variations...
Dogecoin (DOGE) Drops to $0.0021 Overnight; Declines by 8.98%
25.11.2019
Dogecoin price touches 30-days low Dogecoin price is currently battling with the bear. There is a strong indicating that the price might fall and touch the 90-day low at $0.020 soon. The downtrend in the coin is tremendous. The same is anticipated to remain intact for the upcoming days. Yesterday...
Bitcoin Cash (BCH) Approaches Key Support Levels; Declines by More Than 9%
19.11.2019
BCH coin formed a support level at $243 yesterday; currently heading towards the same Bitcoin Cash trades well below $250, which was above $265 two days ago Technical indicators are yet to step into the bullish zone BCH trades under selling pressure; gives no signs of recovery Cryptocurrencies...
Bitcoin and Altcoins at Risk of Further Declines
12.11.2019
After a short term upside correction, bitcoin price struggled to settle above USD 9,000. As a result, BTC/USD declined again and traded below the USD 8,850 support area. The price even traded to a new weekly low and it is currently (09:00 UTC) consolidating near the USD 8,750 level.
Similarly, most...