Tag: Trend

Markets Update: Cryptocurrencies Test Key Levels From 2017 Bull Trend

Markets Update: Cryptocurrencies Test Key Levels From 2017 Bull Trend The cryptocurrency markets are trading at significant long-term price areas, with BTC currently channeling between key levels from the 2017 bull run. In other market action, BCH and ETH have continued to consolidate above the $ 100 area. Also Read: ETF […]

Mining Closures Reveal Recurring Bitcoin Bear Market Trend

Mining Closures Reveal Recurring Bitcoin Bear Market Trend Another bitcoin miner this week shut down its operations, though the news didn’t come as much of a shock. The latest closure, of U.S.-based Giga Watt which went bankrupt last year, follows a trend among large mining operations that stretches back years. […]

An In-Depth Look at the Cryptocurrency Economy’s ‘Stablecoin’ Trend

An In-Depth Look at the Cryptocurrency Economy’s ‘Stablecoin’ Trend Back in the early days, cryptocurrency enthusiasts used to laugh at the thought of a stable cryptocurrency pegged to a specific fiat currency like the US dollar. Although nowadays things have changed and the digital currency tether (USDT) captures more cryptocurrency […]

Ethereum Price Analysis: ETH/USD’s Bearish Trend Intact

Ethereum Price Analysis: ETH/USD’s Bearish Trend Intact Key Highlights ETH price corrected a few points higher towards the $ 448-450 resistance against the US Dollar. Yesterday’s highlighted key bearish trend line is in place with resistance near $ 452 on the hourly chart of ETH/USD (data feed via Kraken). The […]