Crypto Market Cap And Bitcoin Climb Higher: BCH, BSV, BNB, ADA Analysis

The total crypto market cap is attempting to surpass a major resistance near the $216.0B level. Bitcoin price is correcting gains and is trading below the $8,200 level. BCH price is up more than 3% and is recently surpassed the $230 resistance. BSV price rallied more than 15% and it broke the key $110 resistance area. Binance Coin (BNB) is currently consolidating gains above the $18.00 support area. Cardano (ADA) price is up 3% and it surpassed the main $0.0400 resistance area. The crypto market cap and bitcoin could climb…

Bitcoin And Crypto Market Rebound Facing Hurdles: BCH, EOS, TRX, ADA Analysis

The total crypto market cap is currently correcting higher, but facing hurdles near $215.0B. Bitcoin price jumped more than 5% and it is trading above the $8,200 resistance area. EOS price is slowly moving higher towards the key $3.000 resistance level. BCH price is also up more than 5% and it is approaching the key $230 resistance. Tron (TRX) price is currently consolidating near the key $0.0155 pivot level. Cardano (ADA) price is still struggling to clear the key $0.0400 resistance area. Bitcoin and the crypto market cap are currently…

Crypto Firms Join Azure as Microsoft Fights Amazon for Market Share

Thanks to the high computational flexibility that it offers, the influence of cloud computing on the blockchain space continues to grow. It’s less of a surprise, then, that cloud computing giants — such as Amazon, Microsoft, Oracle and Google’s parent company Alphabet — are leading the charge to merge blockchain, especially the enterprise type, and the cloud. Microsoft in particular has been actively engaging with blockchain startups that are developing blockchain solutions for the enterprise market, working with them to deploy their solutions on the Microsoft Azure cloud infrastructure. The…

Bitcoin And Crypto Market Cap Facing Hurdles: BCH, Litecoin, TRX, XLM Analysis

The total crypto market cap corrected a few points, but it faced a strong resistance near $215.0B. Bitcoin price is also correcting higher, but it is likely to struggle to clear the $8,200 resistance. Litecoin (LTC) price is now facing resistance near the $55.50 and $56.50 levels. BCH price is holding the main $215 support area and it is currently rebounding. Tron (TRX) price is climbing higher and it is now placed nicely above the $0.0150 level. Stellar (XLM) price is up more than 2% and it is moving towards…

Bitcoin And Crypto Market Cap Down Sharply: LTC, BNB, BCH, TRX Analysis

The total crypto market cap is declining and it could soon test the $200.0B support area. Bitcoin price is down 3% and it broke the main $8,000 support area. Binance coin (BNB) price broke the key $18.00 support and it might revisit $17.20. Litecoin (LTC) price is down around 5% and it is approaching the $50.00 support zone. BCH price is testing the main $215 support level, below which it could slide sharply. Tron (TRX) price is extending losses below the $0.0152 and $0.0150 support levels. The crypto market cap…

Bitcoin And Crypto Market Signaling Bearish Continuation: BCH, EOS, TRX, ADA Analysis

The total crypto market cap struggled to surpass $220.0B and declined recently below $215.0B. Bitcoin price is also under pressure and it recently traded below the $8,200 support area. EOS price is down around 5% and it broke the key $3.000 support area. BCH price retested the key $215 support area and it is currently correcting higher towards $225. Tron (TRX) price is down more than 5% and it broke the main $0.0160 support zone. Cardano (ADA) price declined nearly 5% and it is now trading below the $0.0400 support.…

Crypto Market And Bitcoin Could Rise Steadily: BCH, Litecoin, EOS, XLM Analysis

The total crypto market cap is showing positive signs above the $210.0B support area. Bitcoin price needs to surpass the $8,400 resistance area to continue higher in the near term. Litecoin (LTC) price is still struggling to climb above the key $60.00 resistance area. Bitcoin cash price is slowly rising towards the $235 resistance area. EOS price seems to be consolidating gains above the $3.050 and $3.000 support levels. Stellar (XLM) price is up more than 5% and it recently broke the $0.0650 resistance area. Bitcoin (BTC) and the crypto…

Crypto Market Cap And Bitcoin Holding Support: BCH, BNB, EOS, TRX Analysis

The total crypto market cap is currently holding the key $210.0B support area. Bitcoin price is also trading just above the $8,250 and $8,200 support levels. EOS price is showing positive signs above the $3.050 and $3.000 support levels. Binance Coin (BNB) is up more than 2% and it is trading nicely above the $18.00 resistance. BCH price is holding the $220 support and it could rise above the $235 resistance area. Tron (TRX) price is up around 4% and it is gaining pace above the $0.0162 resistance. The crypto…

Crypto Market Hardly Needs a Bitcoin ETF at This Time, Says BKCM CEO

Founder and CEO of crypto investment firm BKCM Brian Kelly has said that Bitcoin (BTC) exchange-traded funds (ETF) are hardly needed for the ecosystem’s development, given that the coin is already available on regulated platforms such as Fidelity and TD Ameritrade. Kelly made his remarks during an interview with CNBC published on Oct. 11, explaining:  “You have companies like Fidelity and TD Ameritrade starting to push into this space. So ultimately you’re going to be able to buy Bitcoin in a regular brokerage account, or it’s going to look like…

Next Bitcoin Halving May Not Lead to Bull Market, Says Bitmain CEO

Jihan Wu, co-founder and CEO of Chinese mining giant Bitmain, believes the next Bitcoin (BTC) block reward halving may not lead to a bull market, but the coin’s price will grow in the long term. According to Chinese industry news outlet 8BTC’s report published on Oct. 11, Wu made his remarks during the World Digital Mining Summit held in Frankfurt.  Bulls may be late this time Per the report, Wu explained that the crypto market moves in cycles and this time the next bullish phase may not start after the…