Cryptocurrency exchanges typically employ a business model of making a percentage fee on each buy or sell order. The fees which is paid in crypto or fiat is deducted before each trade is executed. Transaction Mining cryptocurrency exchanges flips this business model on its head. They too collect buyer and...
Security Token Offering has lately been mentioned in many forums. Last year in Q4, former JP Morgan CEO of Digital Assets predicted that STOs will gain serious traction in 2019. So, what is a Security Token? Security Token Regulations Have Been In Place For 85 Years: Much of the security...
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...
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 $3,500, it also was unable to break out from...
ETH Price could go anywhere from here. Trading at 137$, ETH USD pair is facing heavy resistance near 140$. Based on chart patterns, symmetrical triangle seems to have built-up, meaning we are in consolidation phase which will make either of the groups – bull or bear difficult to take over...
Transactions volumes (last 7 days) in dApps continue to grow. Among the top dApp platforms, EOS gained growth by double digits i.e. 21% whereas volumes in other platforms such as Tron increased by 8% and in ETH, nearly by 2%. Most of these transaction volume come from gambling based dApps...
ETH Price has reached near its critical stage where anything can happen. Currently trading at 146$, 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...
After several failed attempts to move ETH price above the resistance level around $148-$150, ETH broke out from the lower trendline of the ascending triangle pattern and continues its downfall. Currently, trading at 142$, if selling pressure continues from the current level, we may test the first line of support...
As predicted yesterday in our analysis, bears have taken over the control and pushed down the ETH USD to the first line of defense at $138 where the buyers support emerged. In the following session, the price gained some momentum until reaching 148$ level. Currently trading at 145$, ETH USD...
