Since reaching its peak $4200 in Feb 2019, Bitcoin price continues to push downward. Currently, on the basis of the last 3 months pattern, we see a build-up of an ascending triangle with upper-trendline at $4200. The following analysis lays down probabilities based on chart patterns, extrapolating data and accounting...
2019
Bitcoin in 2018 witnessed a major sell-off. After an unprecedented boom in 2017, the price of Bitcoin fell by about 90 percent. The cryptocurrencies market capitalization lost at least $342 billion in the first quarter of 2018 alone. Since then, many called the bubble has burst and there is no...
Altcoins have started to record large gains against Bitcoin. Strong momentum of altcoins like Enjin, Raden Network has prevented Bitcoin bulls from surrendering to bears and maintained price action above $3700 support levels. While Bitcoin has avoided a near-term drop to $3,500, it also was unable to break out from...
Browser ‘Brave’ which integrates a cryptocurrency ‘Basic Attention Token (BAT)’ hits a significant milestone, marking 20 million downloads on Android. Active since 2014 and one of the most popular apps (Top 1%) in Google Play. The Brave browser has a significant number of benefits over other browsers like Google Chrome...
Enjin has partnered with Unity Technologies to launch a test net version of its blockchain development kit. Enjin will demonstrate the test net version of the platform at the world’s largest gaming industry event ‘Game Developers Conference’ on March 18th. Unity is the world’s most popular game development engine. Used...
ETH Price could go anywhere from here. Trading at 137$, ETH USD pair is facing heavy resistance near 140$. Based on chart patterns, symmetrical triangle seems to have built-up, meaning we are in consolidation phase which will make either of the groups – bull or bear difficult to take over...
Transactions volumes (last 7 days) in dApps continue to grow. Among the top dApp platforms, EOS gained growth by double digits i.e. 21% whereas volumes in other platforms such as Tron increased by 8% and in ETH, nearly by 2%. Most of these transaction volume come from gambling based dApps...
The new app Tippin, an extension on Google Chrome and Firefox browsers integrates Bitcoin tipping on Twitter. Once set-up, it adds a tip button in the shape of a lightning bolt on every single Tweet allowing users to send tips using Bitcoin. Currently, Bitcoin’s on chain transactions are far too...
ETH Price has reached near its critical stage where anything can happen. Currently trading at 146$, it seems like a symmetrical triangle is forming. If in the following sessions, ETH price breakout from the lower trendline i.e. near 143$ followed by large trading volume (sell orders), the bears will continue...
Samsung upcoming flagship smartphone Galaxy S10 will have an in-built cryptocurrency wallet. The user of Galaxy S10 can store BTC, ETH and send funds through Samsung wallet app ‘Blockchain Keystore’. For easy use, the Blockchain Keystore app will store private keys in Samsung hard drive and can be later easily...