Day: February 3, 2019

Ethereum Price Weekly Analysis: ETH Facing Uphill Task Near $114

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ETH price recovered a few points, but it is facing a lot of hurdles near $114 against the US Dollar. There was a break above a major bearish trend line with resistance at $107 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is likely to accelerate higher if it succeeds in surpassing the $114 and $115 resistance levels. Ethereum price is showing a few positive signs versus the US Dollar and Bitcoin. ETH/USD must break the $114 resistance to stay in the positive zone in the…

Twitter CEO Jack Dorsey Remains True to His Prediction: Bitcoin Can Be The Native Currency of the Internet

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Jack Dorsey, CEO of Twitter and the mastermind behind the popular money transfer application “Cash App,” once again shared his optimism about Bitcoin and the influence it will have on the future of society. In an interview for the podcast: JOE ROGAN EXPERIENCE #1236, Dorsey explained that he still feels that BTC meets all the conditions to become the common currency of the internet in the future: “I believe the Internet will have a native currency and I don’t know if it’s Bitcoin. I think it will be [Bitcoin] given…

Long-Term Bitcoin Bull: Likely That Crypto Market Hasn’t Bottomed Yet

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Crypto Market Bottom Likely Isn’t In As Bitcoin (BTC) has found itself in the midst of a lull, as it’s held the $3,400 level over the past days and weeks, some optimistic cryptocurrency traders have claimed that the bottom is clearly in. Yet, two leading industry commentators recently sought to somewhat dispell these thought processes, as they fear that lower lows are a possibility, if not inbound. Speaking to CoinTelegraph’s Youtube outlet in a recent interview, Mati Greenspan, eToro’s in-house crypto researcher with an unbridled passion for this budding asset…

Long-Term Bitcoin Bull: Likely That Crypto Market Hasn’t Bottomed Yet

boss

Crypto Market Bottom Likely Isn’t In As Bitcoin (BTC) has found itself in the midst of a lull, as it’s held the $3,400 level over the past days and weeks, some optimistic cryptocurrency traders have claimed that the bottom is clearly in. Yet, two leading industry commentators recently sought to somewhat dispell these thought processes, as they fear that lower lows are a possibility, if not inbound. Speaking to CoinTelegraph’s Youtube outlet in a recent interview, Mati Greenspan, eToro’s in-house crypto researcher with an unbridled passion for this budding asset…

Bitcoin Lightning Network Continues To Thrive Amid Crypto Downturn

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The crypto downturn may have continued to ravage this industry’s startups, with an exchange even deciding to shutter all operations, but one facet of this nascent sector has continued to swell. For those who missed the memo, this facet is the Lightning Network, an off-chain system that facilitates instant, low-cost, scalable Bitcoin transactions. Related Reading: Bitcoin Lightning Network Booms Amid “Crypto Winter” Lightning Network Capacity Surmounts 600 BTC Per data gathered by 1ML, the Lightning Network has surmounted a capacity of 600 BTC, just weeks after it breached the 500 BTC milestone.…