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Bearish Pennant Portends Weekend Losses

TwitterFacebookLinkedIn The bitcoin price on Friday expects to close the week on another drop as it slows its upside correction following yesterday’s $400 plunge. The BTC/USD rate is now trading at 4283-fiat, up 4.8-percent from its intraday…
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TRX/USD Bearish, $250 million Gap for a Tron–Monero Flip

The Bitcoin—altcoin couple is the reason why altcoins resurgence depends on Bitcoin price ticks. At the moment it is a Bitcoin winter and altcoins are struggling. TRX/USD and EOS/USD prices are trending below key support levels despite Ledger…
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Cryptocurrency Trading Update: Midweek Lethargy Drops Markets Lower

FOMO Moments Crypto markets still in slow slide; Bitcoin Cash rebounding a little, Stellar, Nem, Zcash falling harder. The slow decline in crypto markets has continued as the week draws on. Falling back below $210 billion total capitalization,…
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Bitcoin Cash Price Analysis: BCH/USD Turns Bearish Below $420

Key Points Bitcoin cash price declined sharply and broke the $434-435 support area against the US Dollar. There is a major bearish trend line in place with resistance at $435 on the hourly chart of the BCH/USD pair (data feed from Kraken). The…
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Cryptocurrency Market Update: A Lazy Sunday in Crypto Land

FOMO Moments Crypto markets are horizontal today; Only Digitex Futures is pumping. Cryptocurrency markets are still at the bottom following their mid-week dump. There has been no sign of a bounce back to previous levels as total market capitalization…
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“Dr Doom” Nouriel Roubini Calls Crypto a “Stinking Cesspool,” Fails to Grasp Its Value

New York University Economist Nouriel Roubini has once again attacked cryptocurrency and its supporters. The man known as “Dr Doom” for his bearish market commentaries went as far as to call the financial innovation a “stinking…
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Cryptocurrency Trading Update: Maker Making Moves in Motionless Market

FOMO Moments Markets still sluggish on Saturday; Bitcoin Gold and Maker moving. Saturday is looking just as dull as Friday in crypto land. Markets have yet to make a move and everything is still static. When this has happened previously a big…
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Cryptocurrency Market Update: XRP Still Green in Bearish Selloff

FOMO Moments Markets still falling back; XRP up but Ethereum still in pain. Crypto markets are still bearish today following yesterday’s 15 billion dollar dump. What seemed to be signs of another small rally ended a few hours ago when markets…
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Ethereum Co-Founder: Blockchain Growth Based on Marketing is Hitting a Dead End

Ethereum co-founder Vitalik Buterin is of the opinion that the cryptocurrency market is unlikely to experience an explosive bullish rally similar to the one seen in late 2017 ever again. The ‘gold rush’ is in the past and now the…
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Red Friday for Crypto as Markets Shed Another $14 Billion

FOMO Moments Cryptos are in pain today; Stellar, Cardano, VeChain, and Tezos in a world of hurt. The bears have a stranglehold on markets once again and they have plummeted overnight. Total market capitalization has dropped closer to $260 billion…