Entries by Penny Wise

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Altcoin Price Analysis: Bears Slowdown, IOT/USD May Recover Today

The meltdown continues and even though fundamentals are strong, altcoin prices including those of ADA/USD and IOT/USD could consolidate after the last two day’s losses mostly because of yesterday’s high volumes and tight trade ranges. Needless to say, our forecasts remain constant. That’s unless there are sharp gains above immediate resistances nullifying this stand. Let’s […]

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Bitcoin Price Claws Back to $4,500 But Further Losses May Lie Ahead

TwitterFacebookLinkedIn The bitcoin price on Tuesday nursed extensive losses of over 12 percent against the US dollar, stabbing through $5,000 as it did. BTC/USD Intraday Analysis The BTC/USD index is currently trading at the 4513-fiat price level after a minor jump from its intraday low at 4035-fiat. The knee-jerk reaction after a massive sell-off does not […]

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DoJ Bitcoin Manipulation Probe Homes in on Tether and Bitfinex

Tether Burns Half a Billion USDT Coins in an Act of RedemptionAn ongoing criminal probe into potential Bitcoin price manipulation conducted by the U.S. Department of Justice has begun to take a closer look at how Tether and crypto exchange Bitfinex may have played a role in Bitcoin’s parabolic rise in late December. Bitcoin Manipulation […]

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NBA Superstar Kobe Bryant to Attend Crypto Summit as Special Guest Speaker

Kobe Bryant, twice Olympic gold medalist and NBA superstar, will appear as a guest speaker at the NiTRON Summit 2019 in San Francisco, decentralized Internet project TRON (TRX) shared exclusively with Cointelegraph Nov. 20. Basketball champion Kobe Bryant has been invited to the conference as a special guest to “share his thoughts and life experience […]

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Sole Survivors; Fintech Cryptos Ripple (XRP) and Stellar (XLM) Defy Market Massacre

Another day heralds more doom and gloom for the majority of cryptocurrencies, including the top ones. Markets have been hammered over 15% on the day losing in excess of $20 billion since yesterday but not all digital currencies are suffering the same level of pain. A Case For Stellar Lumens Both Ethereum and Bitcoin Cash […]

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Crypto Market Suffers From Large Sell-Off

TwitterFacebookLinkedIn Over the past 24 hours, another $25 billion has been wiped out of the crypto market as major digital assets fell sharply in value. Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), and Stellar (XLM) recorded a loss of 14 percent, 14.5 percent, 45 percent, and 10 percent respectively, demonstrating a large decline in both […]

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Ron Paul Poll: 50% in Favor of Bitcoin as Long-Term Investment

Former U.S. House Representative Ron Paul recently polled his Twitter followers on which long-term investment vehicle they’d prefer if given a $10,000 gift and the choice of what to invest in. The overwhelming majority selected Bitcoin as their choice for a 10-year hold. Ron Paul Twitter Poll Shows Preference for Bitcoin Ex-Texas Congressmen and thrice-failed […]