The recent hack event targeted at Upbit serves as a reminder of just how risky it is storing your digital assets on an exchange. We will be looking at seven prominent hacks that happened to exchanges in 2019. 1- Cryptopia got disabled on the 15th of January after it learned about an infringement in security […]
During the week, Bitcoin recorded a monthly low of $6600 after witnessing a series of decline for about four weeks. On November 25, Bitcoin regained strength back above the $7000. This recovery led to a forming an inverse head-and-shoulder pattern which was quite significant in the weekly trading with a lot of bullish sentiment. Meanwhile, […]
A new bill is being considered in Germany which could see banks become managers and merchants of Bitcoin and other altcoins by 2020. Based on a news release by Handelsblatt on the 27th of November, the bill now seeks approval from the 16 states in the country, now that it has been passed by the […]
Since the daily opening, XRP has been showing a sign of small recovery, amounting to +1.07% gains. The correction may become significant if volumes can troop into the market. Otherwise, XRP price would continue to drag sluggishly. However, it’s not too late to accumulate some amount of XRP as the value might become more enticing […]
Bitcoin’s price is on a slow growth for a while now, owing to the recent selling shakeout in the entire crypto market. But recently, it appeared that Bitcoin has found its mid-year low around $6600 on November 25. This setup was quite synonymous to late October surge in volatility that saw after the Chinese […]
Bitcoin records a new weekly high at $7600 following the recent price increase that allowed the buyers to overcome the $7400 resistance-turned-support. BTC is currently correcting a gain of 5.12% after witnessing significant volatility and volume under 24-hours. There’s a more positive move for Bitcoin if the buyers can remain active in the market. However, […]
Bitcoin’s volume has been trading below $150 billion over the past few days due to liquidation which has stalled price movement below $7300 since Monday. Despite that, BTC dominance has continued to hold 66% of the market share for months. With the market cap statistics, there seems to be a sign of optimism from the […]
Following the recent positive move, Bitcoin has seen a quick gain of 1.77% in less than eight hours, making BTC trade at $7300 at the moment. Earlier today, the market was under a lot of bearish pressure but considering the latest buying that led to a channel breakout on the 15-minutes time frame; Bitcoin may […]
Bitcoin has staged support on $7000 for a while now but it may become weak if a bearish play occurs again. While staying on a six-month low of $6600, BTC may reverse if the channel pattern on the daily chart continues to hold price actions. For now, the $7400 resistance is still holding buying pressure […]
