A hacker group has successfully hacked into the systems of 5 United States law firms and are demanding two separate 100 Bitcoin compensation from each entity: the first compensation to redeem access to the data, the other to erase their copy rather than selling it off to the highest bidder. Based on a news report […]
• Bitcoin is poised for short-term sell but $9200 is suppressing bearish scenario • BTC continues to show weakness after losing $400 over the last 24-hours Since our previous crypto trading analysis, Bitcoin has remained in a very tight range of $9200-$9600 over the past five days. Meanwhile, BTC price had lost $400 from its […]
EURUSD Price Analysis – February 3 The beginning of the week saw the dollar regain its bullish tone, as it rose against most major currencies on the back of stronger-than-expected US data. At the moment, the market is reversing from the EUR rebound on Friday and testing the horizontal level at 1.1095. Key Levels Resistance […]
USDWTI Price Analysis – February 3 West Texas Intermediate barrel (WTI) lost nearly 16% in January and extened its decline on the first trading day in February as markets continue to price the impact of the Corona Virus outbreak on global oil demand with its lowest level since January 2019 at $ 49.88 in the […]
Key Resistance Levels: $225, $250, $275 Key Support Levels: $150, $125,$100 ETH/USD Long-term Trend: Bullish Today, Ethereum made a bullish run and the coin reached a high of $197. Before this time, the bulls have successfully broken the resistance levels of $173 and $186 but are yet to break the resistance at $197. It was […]
• The latest weakness in the price could foot a short-term bearish setup for Bitcoin. • Bitcoin turns weak after smashing 7-month high around $9600. Over the past five days now, Bitcoin’s volatility has been subdued with choppy price actions and at the same time keeps the world largest cryptocurrency in a consolidation mode. […]
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 […]
GBPUSD Price Analysis – February 2 The GBPUSD pair exited the week with a few points past the 1.3200 level, its highest level in about a month. Its the start of a fresh age, while the focus is now shifting more clearly from the “Brexit deal” to a “business partnership” with the European Union. On […]
