Crypto Market Tumbles: EOS, Tron (TRX), Bitcoin Cash, ADA Price Analysis

The total crypto market cap made a sharp U-turn and declined below the $115.00 support. EOS price is down around 5% and it broke the $2.45 and $2.40 support levels. Bitcoin cash price is under pressure and it recently broke the $125 support level. Tron (TRX) price failed to stay above the $0.0250 support and it could revisit $0.0220. Cardano (ADA) price declined more than 6% below the $0.0450 support level. Bitcoin and the whole crypto market fell sharply in the past few hours. BTC, Ethereum, ripple, EOS, BCH, ADA…

Ethereum Price Analysis: ETH Sinks Below Key Support, Could Extend Losses

ETH price failed to gain strength and declined heavily below the $118 support against the US Dollar. There is a major bearish trend line formed with resistance at $121 on the hourly chart of ETH/USD (data feed via Kraken). The pair remains at a risk of more losses as long as it is trading below the $119 and $121 resistances. Ethereum price declined heavily in the past few hours against the US Dollar and bitcoin. ETH/USD settled below $120 and it may continue to decline towards $110 or $106. Ethereum…

Bitcoin Investor: “HODL Meme” Is Making Crypto Prices Sticky

The Crypto HODL “Meme” Is Complicating Markets Chris Burniske, a partner at Placeholder Ventures, an investment group focused on decentralizing wealth, data, and power, recently took to his well-followed Twitter page to convey his thoughts on the cryptocurrency market, specifically through the lens of the Bitcoin “HODL” meme. As you are likely aware, since “HODL” made an appearance on BitcoinTalk as a misspelling of “hold,” the word has skyrocketed to legendary status in the cryptosphere, with it quickly becoming the rallying cry for this industry’s diehards worldwide. And while “HODL” has…

Bitcoin Investor: “HODL Meme” Is Making Crypto Prices Sticky

The Crypto HODL “Meme” Is Complicating Markets Chris Burniske, a partner at Placeholder Ventures, an investment group focused on decentralizing wealth, data, and power, recently took to his well-followed Twitter page to convey his thoughts on the cryptocurrency market, specifically through the lens of the Bitcoin “HODL” meme. As you are likely aware, since “HODL” made an appearance on BitcoinTalk as a misspelling of “hold,” the word has skyrocketed to legendary status in the cryptosphere, with it quickly becoming the rallying cry for this industry’s diehards worldwide. And while “HODL” has…

Regulations Have Ruined the Physical Bitcoin Industry

Economy & Regulation As bitcoiners celebrate the 10th anniversary of Satoshi’s invention, veteran enthusiasts will be aware that a lot has changed since the early days. One business that was once incredibly popular is the art of manufacturing loaded physical bitcoins. Government regulations have forced operations to cease, causing the physical bitcoin minting business to virtually grind to a halt.   Also read: 8 Crypto Debit Cards You Can Use Around the World Right Now  Manufacturing Loaded Physical Bitcoins Is a Lost Art Not long after Bitcoin was launched, people managed…

Bitcoin (BTC) ATMs Boom Amid Crypto Rout

Australian Bitcoin ATM Provider Sees $360,000/Week In Turnover  The Daily Mail, a popular British tabloid, recently reported on an Australian Bitcoin-centric entrepreneur by the name Sam Karagiozis. Speaking with the outlet, Karagiozis told his story, while also divulging tidbits about his up-and-coming crypto automated teller machine (ATM) hustle. Karagiozis, a high school dropout turned supposed business guru, explained that while he lost upwards of $3 million on paper in 2018’s crypto crash, his ATM gig has begun to perform well. More specifically, the entrepreneur, who also lost two million Australian…

Gold-Like Bitcoin (BTC) May Eventually Surpass ATH, Says Crypto Entrepreneur

Bitcoin Shaping Up To Be Digital Gold Alistair Milne, the chief investment officer at Digital Currency Fund, recently commented on why he’s “still bullish” on Bitcoin (BTC) in a Twitter thread. Investors are now very aware that Bitcoin is like trading Gold with 100x leverage and, next year, Bitcoin’s inflation/production rate will actually be *lower* than Gold’sNo-one appears to doubt the usefulness of Gold as an investment, they shouldn’t doubt Gold 2.05/6 — Alistair Milne (@alistairmilne) January 19, 2019 In a series of six tweets, the investor, who first tweeted about…

Crypto Investor: Bitcoin May Retest $20,000 With Next Wave Of Adoption

Since Bitcoin (BTC) breached the monumental $20,000 price milestone and subsequently crashed, crypto investors en-masse have sought to determine when the asset would retest five-digits. While an array of crypto pundits have speculated, throwing their zany predictions into the crockpot that is Twitter, the date of the next parabolic rally’s commencement is still elusive. Yet, a majority of industry commentators, many of which have a vested interest in BTC, are sure that the flagship cryptocurrency has further to run. Alistair Milne, the chief investment officer at Digital Currency Fund, touched on…

Blame Banks for Damaging the Environment – Not Bitcoin

Op-Ed Another mainstream media outlet has published a piece warning of the dangers Bitcoin poses to the environment. We’ve heard these overly simplistic arguments countless times before. But even if one was to accept that Bitcoin’s energy consumption is substantial, the figure still pales in significance to traditional financial institutions, whose carbon footprint is colossal. Also read: South Africa Wants to Mandate Registration of Crypto Service Providers ‘Bitcoin Is Oil’ Journalist, former bitcoin miner, and current partner at crypto firm Ocuis, Ethan Lou, penned a Guardian article this week, “Another thing…

Binance Coin, Cardano, IOTA, Neo, Tron

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Bitcoin (BTC) has proven to be in high demand among citizens of smaller nations like Venezuela, whose economic conditions have been adversely affecting their fiat currencies. Now, cryptocurrencies will face another test with the impending Brexit deal. If the United Kingdom is forced…