July 10, 2019

Bitcoin, Crypto Market Climbing Higher: BCH, BNB, LTC, TRX Analysis

July 10, 2019 boss

The total crypto market cap followed a bullish path and settled above the $330.0B resistance. Bitcoin price remained in an uptrend and it recently broke the key $13,000 resistance area. Binance coin (BNB) price struggled to stay above $33.00 and recently declined to $32.00. Litecoin (LTC) price is still trading below the key $122 and $124 resistance levels. BCH price failed to gain strength above $425 and recently corrected towards $415. Tron (TRX) price is moving higher once again and it could revisit $0.0350. The crypto market cap and bitcoin…

Bitcoin Is Surging While Ripple Price (XRP) Price Remains Vulnerable

July 10, 2019 boss

Ripple price failed to break the $0.4080 and $0.4100 resistance levels against the US dollar. The price declined recently and broke the key $0.4020 and $0.4000 support levels. This week’s followed key bullish trend line was breached with support near $0.4015 on the hourly chart of the XRP/USD pair (data source from Kraken). The price is now trading well below $0.4000 and it may continue to struggle in the near term. Ripple price is struggling to continue higher above $0.4100 against the US Dollar, and declined heavily vs bitcoin. XRP…

Ethereum (ETH) Price Could Surpass $320, Bitcoin Breaks $13K

July 10, 2019 boss

ETH price is gaining momentum above the $310 resistance area against the US Dollar. The price must break the $315 resistance area to climb above the $320 resistance zone. There is a breakout pattern forming with resistance near $314 on the hourly chart of ETH/USD (data feed via Kraken). On the downside, there are a few important supports near the $306 and $302 levels. Ethereum price is likely to break the $320 resistance area versus the US Dollar, but struggled vs bitcoin. ETH price remains well supported on the downside…

‘It’s the Bottom of the First Inning’ for Bitcoin – CCN Markets

July 10, 2019 boss

Cameron and Tyler Winklevoss were featured in a panel discussion where they gave their first impression of bitcoin, which involved some tequila. | Source: Flickr/TechCrunch. Cameron and Tyler Winklevoss have big plans for the crypto exchange, Gemini, not to mention their expectations for bitcoin. In a panel discussion with “Bitcoin Billionaires” author Ben Mezrich and The Wall Street Journal’s Paul Vigna, the Winklevosses discussed bitcoin and the crypto landscape. In what appears to be a packed house, they left no stone unturned, including that of their chief rival, Mark Zuckerberg.…

‘It’s the Bottom of the First Inning’ for Bitcoin

July 10, 2019 boss

Cameron and Tyler Winklevoss have big plans for the crypto exchange, Gemini, not to mention their expectations for bitcoin. In a panel discussion with “Bitcoin Billionaires” author Ben Mezrich and The Wall Street Journal’s Paul Vigna, the Winklevosses discussed bitcoin and the crypto landscape. In what appears to be a packed house, they left no stone unturned, including that of their chief rival, Mark Zuckerberg. Excerpts from the event were tweeted by a New York-based analyst whose Twitter handle is @WillTradecipher, which Gemini then retweeted. While the bitcoin price currently…

‘It’s the Bottom of the First Inning’ for Bitcoin

July 10, 2019 boss

Comparing Bitcoin (BTC) Trading with Gambling

July 10, 2019 boss

There has been an influx of investment into the cryptocurrency space and more people have started trading bitcoin despite a lack of knowledge or experience. Such traders have come under scrutiny because of this reckless attitude. Most of the people branding these overzealous investors as foolhardy believe the risks are way too high to dabble in crypto – and some are even saying they are literally “gambling.” But is this true? Is trading Bitcoin indeed the same as gambling? How Do We Define Gambling? Comparing Bitcoin trading with gambling runs…