Category: Opinion

Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD Bearish Positions Increase No Comments

Key Highlights ETH price is struggling to move higher and is currently trading near the $290 level against the US Dollar. There is a major bearish trend line forming with resistance near $298 on the hourly chart of ETH/USD (data feed via SimpleFX). The price might continue to struggle as long as there is no close above the $298-300 levels. Ethereum price failed to gain traction again...


Bitcoin Cash Price Technical Analysis BCH USD

Bitcoin Cash Price Technical Analysis – Can BCH/USD Make it? No Comments

Key Points Bitcoin cash price after failing to break the $350-355 resistance against the US Dollar moved down. There is a short-term bearish trend line forming with resistance near $330 on the hourly chart of BCH/USD (data feed from Kraken). The price might decline in the short term, but there are chances of it breaking the $330 resistance. Bitcoin cash price is struggling to gain tr...


Bitcoin ETF, satoshi

Did Satoshi Revive the Yapese Monetary System, with Bitcoin and Blockchain? No Comments

According to the erstwhile American adventurer, William Henry Furness III, people of the Pacific Island of Yap had a highly evolved system of money and banking. Something which put to shame the scholastic theories of economic aficionados – Adam Smith, John Locke, etc. Henry’s travelogue mentions that the Yapese already had a “decentralized peer-to-peer” credit clearing mechanism in plac...


Ethereum Price Weekly Analysis ETH USD

Ethereum Price Weekly Analysis – ETH/USD Not out of Woods No Comments

Key Highlights ETH price is holding a monster support area near $280.00 against the US Dollar. There is a short-term bearish trend line forming with resistance at $301 on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair has to break the $301 resistance the 100 simple moving average (H4) to gain momentum. Ethereum price is neutral against the US Dollar, but under a lot ...


Bitcoin Price Weekly Analysis BTC USD

Bitcoin Price Weekly Analysis – BTC/USD Buyers In Control No Comments

Key Points Bitcoin price spiked this past week and moved above the $6000 handle against the US Dollar. There is a monster bullish trend line forming with support at $5510 on the 4-hours chart of BTC/USD (data feed from SimpleFX). The pair is currently correcting lower and approaching towards the $5750 support area. Bitcoin price remains in a major uptrend above $5600 against the US D...


Bitcoin Cash Price Weekly Analysis BCH USD

Bitcoin Cash Price Weekly Analysis – BCH/USD Upsides Capped No Comments

Key Points Bitcoin cash price is holding a major support area above $300 against the US Dollar. There is a crucial bearish trend line forming with resistance at $365 on the 4-hours chart of BCH/USD (data feed from Kraken). The pair has to clear the $365-370 resistance zone to gain upside momentum in the near term. Bitcoin cash price is maintaining a neutral bias above $300 against th...


Can Crypto Save Art? No Comments

Can Crypto Save Art? Do you think that contemporary art is mostly nonsensical crap made so rich people can shuffle money around, increase their status and help pretentious artists abuse substances till they drop?   If you agree with the previous you are not entirely wrong but there is more to this than first meets the casual, currently uninspired gallery visitors eye. It is also about re...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD Remains in Bearish Zone No Comments

Key Highlights ETH price recoveries are capped by the $312-314 resistance zone against the US Dollar. There is a new connecting bearish trend line forming with resistance near $308 on the hourly chart of ETH/USD (data feed via SimpleFX). The price might extend the recent slide and likely to test the $300-301 support area. Ethereum price is currently moving down against the US Dollar ...


Bitcoin Cash Price Technical Analysis BCH USD

Bitcoin Cash Price Technical Analysis – BCH/USD Approaching Short-term Break No Comments

Key Points Bitcoin cash price is consolidating above the $320 support area against the US Dollar. There is a short-term contracting triangle forming with resistance near $335 on the hourly chart of BCH/USD (data feed from Kraken). The price might dip once more before moving higher above the $330-340 levels. Bitcoin cash price is moving in a range above $320 against the US Dollar. BCH...


NewsBTC Goldman Sachs Bitcoin Investing

Goldman Sachs Warns Investors Crypto Is Not Gold No Comments

In a recent address, Goldman Sachs has advised clients to beware of cryptocurrency. Instead, the investment banking juggernaut favours precious metals as part of a balanced portfolio: The use of precious metals is not a historical accident – they are still the best long-term store of value out of the known elements. The note issued to investors this week detailed the differences between the tw...


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