News coming out of the US Patent and Trademark Office has it that the Winklevoss twins, founders of the Gemini crypto exchange, have successfully secured 6 Stablecoin-related patents. The first, second, and fifth patents all specify strategies for improving the supply of a blockchain-based Stablecoin. Additionally, the first patent also explains how established third parties […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Ranging Bitcoin has continued its sideways trend for the past one week. The market is still ranging in a tight range between $9,200 and $9,600. In retrospect, in October 2019, Bitcoin was also in a sideways trend at […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Ranging Undoubtedly, BTC has continued to range above the $9,200 support level. The bulls have successfully defended the supported level. Buyers are eagerly pushing price forward and testing to break the $9,500 resistance level. Bitcoin is fluctuating in […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish The bulls have held on the price above the $9,000 support for the past four days. Nonetheless, the coin has been fluctuating below the $9,600 resistance. The coin has fluctuated and fallen to a low of $9,200.It […]
• Bitcoin drops to $9300 after seeing a -3% discount overnight. • The bullish sentiment may suspend for a while if Bitcoin breaks $9200 support. Following a -3% losses overnight, Bitcoin has now dropped to around $9300 after testing $9555 as weekly high. This price cut pulled Bitcoin beneath the trend line on the […]
French authorities have arraigned the ex-administrator of recently-shuttered cryptocurrency exchange BTC-e and Russian citizen Alexander Vinnik. According to a report by Bloomberg on the 28th of January, Vinnik’s attorney confirmed that he will stay in France to face the indictment against him following his extradition from Greece. An unidentified official from the prosecutor’s office disclosed […]
• A bearish correction could play out if BTC volume keeps moving against its price. • Bitcoin paused after gaining $1200 in three days, although bullish setup remains valid. Reaching $9400 yesterday, Bitcoin’s price has seen a lot of gains over the past weeks after rising by a total of 40% since December 2019. The […]
The city of Zermatt, Switzerland, the dwelling place of the renowned Matterhorn, has become the second region in Switzerland to begin accepting tax payment in Bitcoin. The administration of the Swiss city has entered an agreement with prominent Swiss-based cryptocurrency financial services enterprise Bitcoin Suisse for this undertaking to be possible. Reason for the Alliance […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Interestingly, Bitcoin has climbed above $9,200 and has broken the resistance. The pair traded and reached the $9,389 resistance, a sensitive historical price level. In October, BTC consolidated above this price level for two weeks and it […]
