Crypto Market Targets $300 Billion Cap: Bitcoin Cash, EOS, TRX, ADA Analysis

The total crypto market cap gained momentum and broke the $260.0B resistance area. Bitcoin price broke the main $9,000 resistance area and traded close to $9,400. EOS price traded nicely above the $6.50 and $6.75 resistance levels. Bitcoin cash price is trading above the $420 level and it could continue to rise towards $440. Tron (TRX) price broke the $0.0330 resistance and it might continue to rise. Cardano (ADA) price is slowly moving higher towards the key $0.1000 resistance. The crypto market cap is surging above $265.0B, with sharp gains…

Crypto Market Rallies $15 Billion: Bitcoin Cash, Litecoin, EOS, XLM Analysis

The total crypto market cap gained momentum and broke the key $252.0B resistance area. Bitcoin price surged above the $8,500 and $8,650 resistance levels. Litecoin (LTC) price remains in a strong uptrend and is trading nicely above $134. Bitcoin cash price is grinding higher towards the $420 and $425 resistance levels. EOS price is back above the $6.50 level and it may even break the key $6.75 resistance area. Stellar (XLM) price is about to gain momentum above the $0.1250 level. The crypto market cap gained sharply, with positive moves…

Blockchain Developer Dispatch Labs Suffers Losses Despite Market Recovery

Blockchain company Dispatch Labs is incurring considerable losses despite extensive investment and a recovering cryptocurrency market, technology-focused news outlet Cryptobriefing reported on June 14. Initially, Dispatch Labs received funding from its executive team, subsequently raising over $13 million in a series of private rounds from other investors such as China-based capital firm Fenbushi Capital during the first half of 2018. However, the value of the raised capital slumped considerably following the market drop in the first quarter of the year. The company’s CEO Matt McGraw reportedly said that the team…

Crypto Market Holding Uptrend Support: Bitcoin Cash, XLM, EOS, TRX Analysis

The total crypto market cap is holding the key $248.0B and $245.0B support levels. Bitcoin price is up more than 1% and it recently broke the $8,200 resistance area. Bitcoin cash price gained a strong bullish momentum and settled above $400. EOS price is correcting lower towards the $6.40 support area. Stellar (XLM) price is positioned above the $0.1200 support, but it is facing hurdles near $0.1300. Tron (TRX) price is slowly moving lower towards the $0.0320 support area The crypto market cap is holding an important support, with bullish…

Bitcoin Price Eyes Chart Pattern That Kicked Off Bull Market in 2015

View Bitcoin’s 50- and 100-candle moving averages on the three-day chart look set to produce a bullish crossover – a sign of bull market momentum. Back in October 2015, the same cross marked the start of a long-term bull market. This time, BTC has already rallied more than 180 percent ahead of the bull cross. As a result, we may not see a big move to the higher side immediately following the confirmation of the bull cross. Prices could rise to $8,400 in the next 24 hours, having witnessed a…

Crypto Market Starts Fresh Increase: Bitcoin Cash, BNB, EOS, TRX Price Analysis

The total crypto market cap found support near $236.0B and jumped sharply above $245.0B. Bitcoin price broke the key $8,000 resistance level to move into a positive zone. EOS price broke the $6.40 and $6.50 resistance levels to start a decent recovery. Binance Coin (BNB) is up more than 5% and it recently broke the $35.00 resistance. Bitcoin cash price is above to break the $400 barrier to move into a bullish area. Tron (TRX) price gained nearly 6% and it recently broke the key $0.0320 resistance. The crypto market…

Bitcoin Briefly Breaks $8,000 as US Stock Market Sees Slight losses

Wednesday, June 12 — most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time, as bitcoin (BTC) approaches the $8,000 mark again after breaching it earlier today. Market visualization courtesy of Coin360 Bitcoin is currently up over 2% on the day, trading around $7,987 at press time, according to Coin360. Looking at its weekly chart, the coin is up nearly 4%. Bitcoin 7-day price chart. Source: Coin360 Ether (ETH) is holding onto its position as the largest altcoin by market cap, which currently stands…

Cardano (ADA) Leads Crypto Market With Staggering 24% Gain in 4 Days

Cardano (ADA) was trading around $0.095 by 10:00 UTC on the crypto exchange Binance on Wednesday, up 8.52 percent since the Asian market opened, marking the asset’s most towering one-day performance since May 15. The upward price action pushed ADA’s market capitalization to $2.412 billion, or 0.95 percent of the global cryptocurrency market valuation. At its prime, ADA’s net assessment was $29.948 billion, per the data provided by CoinMarketCap.com. Cardano (ADA) Records 24% Gains in Last 4 Days | Image Credits: TradingView.com The past 24 hours witnessed the ADA/USD instrument…

Bitcoin Reclaims $8K as Coins See Green, Experts Warn of Ominous Stock Market Volatility

Friday, June 7 —  after recent shaky sentiment, the crypto markets are today back firmly in the green, with bitcoin (BTC) breaking back above the $8,000 mark, as Coin360 data shows. Market visualization courtesy of Coin360 Having bullishly surged above the psychological price point of $9,000 in May, bitcoin has since seen significant corrections — briefly trading below $7.600 on June 6. To press time, the top coin is seeing solid green, breaking back above $8,000 to trade at $7,003 — up roughly 1.8% own on the day, according to…

Other Market Protections Needed Before Bitcoin ETF Approval

United States Securities and Exchange Commission (SEC) Chairman Jay Clayton said that the regulator needs to feel comfortable with cryptocurrency custody and ensure no market manipulation can take place before approving a crypto exchange-traded fund (ETF). Clayton made his remarks during an interview with CNBC on June 6. When Clayton was asked whether an ETF based on a bundle of cryptocurrencies could be released in the U.S., Clayton said that the SEC is currently working on making that possible. Still, he also noted that various issues have to be resolved…