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Key Takeaways: Bitcoin showing strength consolidating after last week’s jump. Ethereum looks for support to move higher. Everyone’s eyes are on Bitcoin. After last week’s massive 42% jump, not only did Bitcoin reclaim 2% market dominance, totaling at 67.5%, it equally brought the total market capitalization of the cryptocurrencies market to $250 billion. Indeed, this has breathed bullishness into a stagnant, ranging market. The question remains, what Bitcoin’s next major step is: will it break out of the descending channel…

There is undoubtedly a lot of noise in the cryptocurrency space, and not all of it constructive. Narratives projecting Bitcoin as a global panacea; the “decentralize everything” movement; or the infinitely faster, more scalable, and secure blockchain…the list goes on. Separating true from false is an incessant task, and one that this article intends to do for another of these claims: cryptocurrencies are ready to replace central banks (CB).  To begin, let us take a step back and understand what…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $250 billion. Bitcoin price drops to $7,300 before rising over the $10,000-mark and dropping again. Ethereum finally breaks over the $180 target. Ripple attracts more investors in its bid to overcome the $0.30 threshold. Google’s parent company Alphabet claims that its new Sycamore processor is the peak of quantum computing. Crypto Trends 21-27th of…

Key Takeaways Bitcoin reaching key support zone. Ethereum appears to want a rally but lacking conviction on the USD and BTC pair. BTC/USD Weekly Daily After 26 days, Bitcoin decided to make a move - many were expecting a bounce, but this proved to be premature.  On Wednesday, BTC/USD fell through its range support at the $7800 zone, finding a new local bottom at $7308. The 200-week moving average was acting as support for this range until the price fell…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $217 billion. Bitcoin’s price drops below $8,000 Ethereum price fails to reach the $180 threshold. Ripple still struggles to overcome the $0.30 hurdle. Facebook's Libra loses support from Visa, MasterCard, and PayPal. Crypto Trends 13-20th of October 2019: Performance & Analysis The third week of October 2019 has seen the crypto market continue its…

The crypto space introduces different technologies, all aimed at accelerating crypto adoption and reliability. Among the technologies include wallets, exchange platforms, trading bots, etc., all with a vast input in the crypto space.  However, the crypto world's growth and current success cannot only be attributed to the platforms' readiness to advance their technologies. Many non-crypto firms in different fields have increased the development and adoption of cryptocurrencies globally.  For instance, electronic giants' investments in crypto have been a significant boost…