Category: Price Analysis

Telegram has withdrawn its appeal against a United States federal court’s injunction that froze Gram token issuance and distribution, according to court documents dated May 22. The move seems to suggest that the company has fully abandoned its TON plans. Earlier this month, Telegram CEO Pavel Durov announced their “active involvement” with the project was over, […]

Over-the-counter and cryptocurrency futures exchange BTSE today launched support for BiLira’s Turkish stablecoin TRYB. TRYB can now be traded against Tether (USDT) on BTSE’s spot markets.Cointelegraph spoke to BiLira and BTSE to find out more about what the listing means for Turkey’s burgeoning cryptocurrency sector.BTSE co-founder and CEO Jonathan Leong stated that the listing “enables […]

Goldman Sachs will host a conference call on May 27 titled US Economic Outlook & Implications of Current Policies for Inflation, Gold, and Bitcoin.On May 23, Mike Dundas, the founder of crypto media outlet The Block, posted a screenshot of the invitation for the call, revealing that the event will be hosted by Sharmin Mossavar-Rahmani, […]

Within the last hour Bitcoin (BTC) price dropped to $8,840. The drop came with less than 8 hours left before the weekly close.A confluence of miners selling more BTC than they mine, Bitcoin recording 6 consecutive lower highs, and the retest of the $8,800 support leaves BTC vulnerable to a severe pullback.Six consecutive lower highs […]

Last week, Bitcoin (BTC) looked poised for a huge move up to $11,000. Instead, we saw a sidewards week of price action coupled with a small pullback. Has Bitcoin topped out? Is there too much selling pressure around $10K? Let’s take a look at what’s happening with the largest cryptocurrency by market capitalization, BTC. Daily crypto market […]

Changpeng Zhao, or CZ, the chief executive of top crypto exchange Binance, has issued a statement regarding the recent Steem hard fork that sought to freeze 23.6 million STEEM tokens associated with 64 wallet addresses.Binance will support the fork, however, indicating that they will support future forks executed by those affected within the Steem community.Steem […]

The price of Bitcoin (BTC), the top-ranked cryptocurrency by market capitalization, has seen a spike towards $10,500 before the halving took place on May 11. However, the price of Bitcoin has been having problems since the halving and is currently showing more signs of weakness.On the other hand, altcoins have been starting to show signs […]

Controversy has returned to cryptocurrency exchange Coinbase after an altcoin it listed surged 200% in 15 minutes — only to crash immediately afterward.Currently a topic of interest on social media, Coinbase’s listing of OmiseGo (OMG), the 34th ranked cryptocurrency by market capitalization, also sparked familiar accusations of insider trading.Coinbase ‘premium’ reaches 80%“OmiseGO (OMG) is launching […]

Since dropping below the ascending channel trendline to $8,815 on May 21, Bitcoin (BTC) price has recovered 4.78%. BTC/USD continues to meet resistance at the 20-day moving average, obstructing traders’ desire to push the price above $9,300. Crypto market weekly price chart. Source: Coin360In the United States, this weekend includes the Memorial Day holiday, meaning traditional […]

Bitcoin (BTC) price is up 1.23% for today’s session at $9,175 having reclaimed the $9,000 handle, after briefly losing it and finding lows of $8,800. Overall, the biggest cryptocurrency by market capitalization is down 1.8% from where it was at the same time on Thursday.Ether (ETH), the second-biggest crypto, is holding the $200 handle, and […]