Bitcoin Price Goes 123 Days Without New Lows, Bull Market Ahead?

Bitcoin investors are ready to call $3,100-area a bottom as the cryptocurrency continues its upward trend. The Rythm Trader noted that bitcoin had gone 123 days without posting fresher lows, which brought up its total gains since December close to 65 percent. The famous market analyst considered it as a sign of steady bullish momentum, believing that it would extend further soon. Bitcoin has now gone 123 days without a new low. It’s up 65% from December. Don’t get caught picking up a penny in front of the steamroller that…

Crypto Market Could Pump $10 Billion: Bitcoin Cash, EOS, Tron, BNB Analysis

The total crypto market cap broke the $170.0B resistance and it could now test $180.0B. EOS price is back above $5.50 and it could continue higher towards the $5.65 level. Binance Coin (BNB) is slowly climbing towards the $20.00 and $21.00 resistance levels. Bitcoin cash price is currently consolidating above $310, with a positive bias. Tron (TRX) price is likely to rise towards the $0.0285 and $0.0292 resistance levels in the near term. The crypto market is gaining pace, with strong bullish moves in bitcoin (BTC) and Ethereum (ETH). Altcoins…

Crypto Market Primed For Lift-Off: Bitcoin Cash, Litecoin (LTC), TRX, ADA Analysis

The total crypto market cap stayed above the key $160.0B support and climbed towards $170.0B. Litecoin (LTC) price recovered recently and moved above the $80 resistance. Bitcoin cash price extended gains and it could move higher towards the $320 level. Tron (TRX) price is currently consolidating above the key $0.0260 support area. Cardano (ADA) price must break the $0.0850 resistance to start a decent upward move. The crypto market cap is up more than $4 billion, with positive moves in bitcoin (BTC) and Ethereum (ETH). Ripple, litecoin (LTC), bitcoin cash,…

Bot-Enabled Market Manipulation Rife on Decentralized Exchanges, Researchers Claim

Arbitrage bots are being widely used for manipulative profit-making strategies on decentralized exchanges (DExes), a study from researchers at Cornell Tech has claimed. The news was reported by Bloomberg on April 15. The paper documents and gauges the breadth and specific characteristics of bot-executed market manipulation, which the researchers argue has developed blockchain-specific elements that undermine the underlying blockchain security of traded assets. Researchers identified strategies including front running — whereby traders see orders from others and place their own first, which can beset traditional financial markets. In a blockchain…

Crypto Market Near Decisive Support: Bitcoin Cash, Litecoin (LTC), EOS, XLM Analysis

The total crypto market cap is currently above the key $160.0B support area. Litecoin (LTC) price is down more than 5% and it recently broke the $80.00 support zone. Bitcoin cash price performed really well after BSV was delisted from binance. EOS price failed to hold gains and traded below the $5.45 and $5.40 support levels. Stellar (XLM) price is correcting lower and it is likely to test the $0.1100 support area. The crypto market cap is near a crucial support near $160.0B, If its holds, there could be a…

Major Japanese Fintech Firm Halts Plans to Launch Crypto Exchange, Citing Bear Market

Money Forward Inc., the operator of one of Japan’s most popular personal budgeting apps, has resolved to halt its plans to launch a crypto asset exchange. The development was reported by Cointelegraph Japan today, April 15. As previously reported, Money Forward had established a dedicated subsidiary in May 2018 for its crypto exchange project. It had intended to launch a crypto media platform, followed by a crypto exchange and the construction of a digital assets remittance and settlement system. Today’s announcement reveals that the company’s board of directors has opted…

Bitcoin Remains Stable | Crypto Market Capitalization Hits New High

Over the last month, the cryptocurrency market was on a hot streak, rising about 38% as investors piled into crypto assets such as Bitcoin and other popular alternatives like Litecoin, Ripple’s XRP, Ethereum, Bitcoin Cash, and EOS. Crypto Market Capitalization Hits New All-Time High At the beginning of the month, Bitcoin (BTC) price surged, taking analysts and traders by surprise as to what might have caused the sudden increase in price. However, analysts are unsure whether the cryptocurrencies will hold their recent gains. But considering Bitcoin has managed to maintain…

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

The total crypto market cap stayed above the $158.0B support and climbed above $165.0B. EOS price is climbing higher and it recently broke the $5.40 and $5.50 resistance levels. Bitcoin cash price is back above the $300 resistance with a positive structure. Tron (TRX) price found support near the $0.0260 level and recently recovered higher. Cardano (ADA) price is slowly moving higher towards the $0.0900 resistance level. The crypto market started a fresh increase, with bullish moves in bitcoin (BTC) and Ethereum (ETH). EOS, BCH, ripple, tron (TRX), ADA, BNB…

Cryptocurrency Price Trends Could Signal End of Bear Market, Says Binance Research

Bitcoin (BTC) prices and altcoin prices could have already hit their lowest point, new analysis from cryptocurrency exchange Binance concluded on April 11. In the latest edition of its research bulletins, the exchange’s dedicated analytics arm, Binance Research, investigated various current phenomena and trends within cryptocurrency markets. Among them was correlation between Bitcoin and altcoin prices, data from 2014-2019 confirming that the 90 days to mid-March represented the longest period of high correlation in market history. According to historical behavior, such periods tend to trigger trend reversals. The 90 days…

Crypto Market Could Bounce Back: Bitcoin Cash, Litecoin (LTC), EOS, XLM Analysis

The total crypto market cap is currently above the key $158.0B support area. Litecoin (LTC) price declined below the $80.00 support, but it could find support near $75.00. Bitcoin cash price is facing a strong resistance near the $280 and $285 levels. EOS price is still consolidating above the $5.20 support area. Stellar (XLM) price is slowly moving lower towards the key $0.1100 support area. The crypto market could bounce back since bitcoin (BTC) and Ethereum (ETH) are holding key supports. There could be a decent rebound in litecoin, ripple,…