Crypto Overbought, Bitcoin (BTC) Could Drop To $3,800

Too Far, Too Fast Last week, Ethereum World News suggested that Bitcoin (BTC) is overbought, citing an array of technical analyses and investor opinions. In one case, Bloomberg reported that the GTI Global Strength Indicator, a measure of market strength that is similar to the widely-used Relative Strength Index, accentuated that BTC was the most overbought since late-2017 and early-2018. In another case, one trader warned that if Bitcoin is too continuing following its long-term trend, a bout of capitulation could bring BTC to $3,000 or even lower in the…

What You Should Know About Craig Wright

Recently, it was revealed that Craig Steven Wright, one of the most controversial figures in the crypto community, had filed 114 blockchain patents since 2017. He also quit Twitter, where he would often publish his opinions on anonymity (bad), Bitcoin SV (the real Bitcoin) and other cryptocurrencies (also bad). He is also known for arguing that he is actually Satoshi Nakamoto, the original creator of Bitcoin. Here’s the complete list of things you should know about Wright. Wright’s bio is really rich, but hardly verifiable He was born in October…

Tron’s Justin Sun Hints at ‘Official’ Collaboration With Ethereum This Year

Tron (TRX) founder and CEO Justin Sun claimed that he thinks the Tron ecosystem will “officially collaborate” with Ethereum (ETH) this year. Sun made his comments during an interview on The Crypto Chick podcast on April 6. More precisely, Sun said that he thinks “even within this year we will see Tron even collaborate, officially collaborate, with Ethereum.” In response to a question on Ethereum co-founder Vitalik Buterin’s recent tweets about Tron, Sun stated that he thinks “competition brings a better product.” Sun also added: “I think in the future…

Tron CEO Trolls (?) Vitalik, Teases Unlikely Ethereum Alliance

Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Tron founder and CEO Justin Sun recently announced on the CryptoChick podcast that his crypto project would be officially collaborating with Ethereum. Wait, what? Justin Sun: Tron Will Collaborate with…

Bitcoin (BTC) Could Skyrocket To $8.4k In The Coming Weeks, Analyst Suggests

Crypto Could Be Readying For Breakout Last week was absolutely monumental for the cryptocurrency market. As this outlet covered extensively, Bitcoin rapidly surmounted key resistance levels on the back of a record-setting influx of buying pressure, with BTC finding itself above $5,000 for the first time since November. As the crypto asset has stabilized since then, discovering a consolidation range at and around $5,100, analysts have done their best to gauge what comes next for BTC. And according to prominent trader Crypto Thies, a move drastically higher could very well…

Could The Influx Of Bitcoin Trading Push Crypto Higher?

After months of proverbial CPR, Bitcoin came back to life early last week in a move that came straight out of left field. On Tuesday morning, BTC suddenly rallied, pushing $4,200, $4,400, and $4,800 in rapid succession. Other crypto assets followed close behind the market leader. Throughout all this, volumes started to surge, as exchanges across the board, whether fraudulent or otherwise, registered trading activity highs. Some see this uptick, which signals an underlying return of interest in cryptocurrencies, as a clear bullish catalyst. Bitcoin Volumes Boom In March, Bitwise…

BCH-Led Crypto Rally, New Wallet and Token in the Weekly Update From Bitcoin.com

Bitcoin cash leads the crypto market rally this week, jumping over 50% within 24 hours, a new BCH wallet uses the Cash Accounts protocol, and the first Bitcoin Cash based token has been listed on an exchange. All that and more in this week’s video news update with Roger Ver shared on Bitcoin.com’s Youtube channel. Also Read: Online Bank Mistertango Offers Crypto Companies Multiple Accounts and Ibans BCH Catapults Back Into the Top 5 The impressive crypto market rally this week was led by bitcoin cash. The price of BCH…

Ethereum Classic Surges 34%, Blasts Cryptocurrency to 4-Month High

Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. The Ethereum Classic price jumped as much as 33.79-percent on Sunday, rocketing the cryptocurrency to a four-month high above $7.50. Ethereum Classic Sets New 2019 High, Goes Crazy on Coinbase…

Has Bitcoin bottomed? | CCG

Only four months ago, Bitcoin seemed on the verge of extinction as investors fled one of history’s biggest bubbles. But after the steepest two-day rally since the height of crypto-mania in 2017, more and more market observers are asking the same question: Has Bitcoin bottomed out? Crypto diehards say the answer is yes. They see Bitcoin’s 70 per cent rebound from its 2018 low (and even bigger gains for so-called alt coins) as the start of a new bull market. Bears counter that nothing has changed to make digital currencies…

Why Bitcoin Holding $4,950 Readies BTC For A Push To $6,000

Bitcoin (BTC) has continued its bullish assault late into the weekend. After rallying to and past $4,200 on Tuesday, the cryptocurrency continued higher throughout the week, currently sitting at a $5,150 valuation. While some analysts have been adamant that this is where Bitcoin’s winning streak ends, as what some call “Bloody Monday” approaches, others have made a somewhat convincing case that further highs could be in store. Related Reading: Analyst: Bitcoin (BTC) May Be Stuck in Accumulation Phase for Several More Months Bitcoin Push To $6,000 Still In Play Late…