Cryptocurrencies

Brian Quintenz to step down as CFTC commissioner One of the Commodity and Futures Trading Commission’s (CFTC) most pro-crypto commissioners has announced that he will not seek another term at the U.S. regulator. Brian Quintenz stated: “It has been a privilege to serve my country in this role, easily the most rewarding experience of my […]

Bulls eye $8k barrier Bitcoin (BTC) is experiencing its longest winning streak since August 2019 as it closes in on the $8k barrier. In late-afternoon Tuesday trading the world’s first and largest cryptocurrency stands at $7,738.40, up around 0.94 per cent in the past 24 hours. With May’s halving soon approaching, Bitcoin trading volume has […]

Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Bitcoin is still consolidating above $7,500 since March 23. The price action is characterized by small body indecisive candlesticks. The candlestick indicates that buyers and sellers are undecided about the next move of the coin. On the upside, if […]

‘The sky is the limit’ according to the incarcerated Ross Ulbricht In recent years Bitcoin (BTC) and the wider cryptocurrency scene has become more and more assimilated into the financial mainstream. With this growing respectability, institutional investors have increased their exposure to the world of digital assets and leading exchanges have sought to offer crypto […]

Bitcoin Price Analysis. Although the long-term outlook remains negative for Bitcoin/USD, we look for a further corrective rally to the upside. Market highlights from the last week Thursday 16th April: After having dipped in Asia, bitcoin moved sharply higher to a peak above $7,100. Friday 17th April: Cryptocurrencies were held in relatively narrow ranges on […]

Key Resistance Levels: $0.30, $0.40, $0.45 Key Support Levels: $0.25, $0.20, $0.15 XRP/USD Long-term Trend: Bearish Ripple has continued to sink after failing to hold above $0.18. Its initial battle was at $0.20500 resistance. After two unsuccessful attempts to break it, it was repelled to $0.18 low. The bulls regrouped and moved up but were stopped […]

Key Resistance Levels: $70, $80, $90 Key Support Levels: $50, $30, $10 LTC/USD Price Long-term Trend: Bearish After the bearish impulse on April 13, LTC dropped to $40 low. The selling pressure was caused by price as the pair reached $47 overbought region. Sellers pushed prices down to $40 low. This provides buying opportunities as buyers […]

Cryptocurrencies haven’t disappeared like some thought they would. If anything, its appeal as an asset class continues to grow. Customer interest in cryptocurrencies has spiked during all the volatility surrounding the COVID-19 pandemic. Cryptocurrencies are here to stay. So, you want in… but where to begin? There are two questions one needs to answer: how […]

When used for the first time, the Bitcoin client also creates an electronic wallet. The wallet, which is used to store one’s own user credit. The wallet is initially now password-protected. If you decide to encrypt using a password (which is advisable), it is advisable to choose a strong, long password, write it down and […]

In 2007, an important person started working on this digital currency.  The founding document describes the technical and economic fundamentals of the currency in detail. The first online Bitcoin exchange opened in February 2010. The first real Bitcoin payment takes place in May 2010: A programmer in Florida pays 10,000 Bitcoins for two pizzas (which […]