Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
BTC
SEBA Crypto Bank Provides Its Services To Nine New Jurisdictions
SEBA Crypto AG, a crypto-focused banking firm based in Switzerland, has expanded its services to nine new nations. The startup aims to offer the crypto industry with banking services that it has lacked for a very long time. SEBA made this move after it received a Swiss banking license. It was obtained in August and started full operations just a month ago. It named the new countries like Austria, Portugal, Singapore, France, Germany, Hong Kong, Netherlands, United Kingdom, and Italy…
5 years ago
BTC wobbles again as ETH and XRP are under bear control
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 $194 billion. Bitcoin is slowly descending towards the $6,000 barrier. Ethereum may end the year below $140 after bears regain control from the bulls. Ripple is trading in the red by some 0.50% and moving towards $0.20 Litecoin's value is dropping towards its fourth consecutive session in the red as it nears $42 Crypto…
5 years ago
Bitcoin’s Trend in 2020 Highly Depends on Response to Critical Level
After a long period of trading sideways close to around $ 7,200, BTC's bears regained control of the cryptocurrency and sent it to a significant support level. So far, the BTC bulls have maintained this level, but it is unclear whether it will continue as the weekend progresses. Based on the analysis, the BTC support level at the moment is Bitcoin's "pivotal level," and the manner of Reaction to this level may establish its Direction for the first part of…
5 years ago
Bitcoin loses $7,5K Support as 17 Major Altcoins follow its Downtrend
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 $203 billion. Bitcoin recovers from the $7,200 slump, but it struggles to get over the $7,500 barrier. Ethereum loses ground in its battle with the $150 hurdle. Ripple follows the market’s downtrend with a loss. Litecoin loses the $50 support and retreats towards the critical $38 level. Crypto Trends 2nd- 8th Dec 2019: PERFORMANCE…
5 years ago
The Ultimate Guide to Investing in Cryptocurrency
Learning to invest in cryptocurrencies may seem like a daunting venture for beginners. This is because one must quickly grasp many terms and definitions to succeed. What is Bitcoin, and what is blockchain technology? What are tokens, wallets, and ICOs? Can you get rich overnight? Do you pay taxes for digital assets? And, how does "Proof of Work"…work? Like any financial enterprise, the crypto industry has success stories and horror tales of bankruptcy-inducing scams. Some people enter the market with…
5 years ago
The Why Behind Bitcoin’s Recent Price Correction
Bitcoin’s recent selloff has been dragging on for five months, reaching just over a 50% correction. A simple explanation lies in supply and demand mechanics: since there was more Bitcoin supply to the marketplace than demand for it, the price fell. But this would only paint half the picture. In addition to a technical explanation, it is important to identify fundamental drivers of price and how they affect the market’s macro narrative. One surface reason is China’s publicity war on…
5 years ago
What is Cryptocurrency? – All you Need to Know
Highlights: Cryptocurrencies are a new technology that decentralizes the transfer medium, i.e., currency. Cryptocurrency is different from Blockchain. A Blockchain is a protocol, one of the applications of which is a cryptocurrency. Blockchain is a decentralized network of nodes with various daily applications. Cryptocurrencies use decentralized control instead of centralized digital currency and central banking systems. One can buy and sell cryptocurrencies in a cryptocurrency exchange. Introduction Satoshi Nakamoto, a pseudonym on the internet, borrowed from several ideas. He/she/they posted a…
5 years ago
A Beginner’s Guide to Buying Cryptocurrencies With FIAT
With an increasing number of cryptocurrency amateurs coming into the market every day, it is evident that there is a growing rise in demand for resources that guide them along their journey. Various information-providing sites are available online to help you with that information. They are needed to get an expanded picture of the whole sector and make informed decisions based on their findings. Readers are encouraged to use the resources available and allow themselves to understand and comprehend the…
5 years ago
Chainlink (LINK) and Binance Coin (BNB) at Key Pivot Points
LINK has recently broken through its trendline support, indicating that the market is not ready to move higher. This key support broken at 0.00033267 indicates a growing bearish sentiment, at least in the short term. On the one hand, this can be seen as the start of a trend reversal wherein the smart money is starting to take profits after a 135% increase in 2 months. This view will be consolidated if LINK/BTC fulfills the double top pattern, breaking down…
6 years ago