Ripple price is declining and it recently broke the key $0.2200 support area against the US dollar. The price is likely to face hurdles near $0.2200 and $0.2240 in the near term. Yesterday’s key bearish trend line is intact with resistance near $0.2200 on the hourly chart of the XRP/USD pair (data source from Kraken). The bears are currently in control and they seem to be eyeing a test of the $0.2120 support. Ripple price is…

It has been another miserable week for Ethereum as prices continue to erode. Further declines today have left the world’s second largest crypto asset in danger of hitting a nine month low. Decentralized finance (DeFi) markets are in an opposing trend with continued growth in the sector. Ethereum Hits $140 Ethereum is still deep in a two year bear market and it has displayed little effort to pull itself out despite solid fundamentals. Its market cap…

Crypto markets are depreciating for another day as Bitcoin fails to gain any traction. Volatility appears to be returning as a big spike triggered a lot of liquidation a few hours ago. The overall picture is still very bearish though. BitMEX Bitcoin Manipulation Calls The slow grind down has continued this week but some spurious action on BitMEX saw a big stop run as BTC spiked above $7,400. According to Datamesh over $8 million in shorts…

Ethereum has had a turbulent week, with much of its recent price action favoring sellers as the crypto has faced a steady stream of downwards pressure in the time following ETH’s recent visit to over $150 earlier this past week. Although all eyes are closely watching Bitcoin’s near-term price action, it is important to note that one analyst believes that where Ethereum heads in the coming days could provide significant guidance to other major altcoins, regardless…

Ethereum is down more than 2% and it broke the $142 support area against the US Dollar. The price is currently correcting higher, but it could face hurdles near $142 and $144. Yesterday’s major bearish trend line is active with resistance near $145 on the hourly chart of ETH/USD (data feed via Kraken). The price remains in a bearish zone and it may perhaps decline further below $138. Ethereum price is showing bearish signs below $145…

The latter part of 2019 has been a volatile several months for Bitcoin, with the embattled cryptocurrency ranging between lows of $6,500 and highs of over $10,000. Currently, BTC is trading at the lower part of this trading range, and it has been struggling to gain any decisive momentum in either direction. This lack of momentum may spell some trouble for the cryptocurrency, however, as analysts are noting that the faltering buying pressure in combination with…

New research shows that China’s dominance of the total Bitcoin hash rate continues to grow. The nation reportedly now accounts for around 66 percent of all the computing power supporting the Bitcoin network at present. China has historically been the leader in global Bitcoin mining. However, with large mining operations coming online in the US and Russia in 2020, the industry this time next year might look quite different. Two Thirds of Bitcoin Mining Happens in…

Long positions taken on Bitcoin on the popular crypto exchange Bifinex are nearing an all-time high, all while the leading cryptocurrency by market cap continues to fall. It could suggest that a very large whale is taking a massive position in Bitcoin ahead of the upcoming halving, in preparation for a rally and bull market. Is a market maker ready to move the price of Bitcoin higher and set a bottom? What does past data suggest?…

The Unknown Fund claims to have now donated a total of $75 million to groups and companies working on privacy preserving technology. The Anonymous-promoted Bitcoin fund was first detailed in mid-November. The origins of the funds are largely unknown and, of course, the beneficiaries of the donations are also keeping quiet. The secrecy has understandably created scepticism amongst observers. Unknown Fund Says All Bitcoin Donations are Now Completed The decentralised hackivist group Anonymous first detailed the…

Before anything, here is a pic of Tone Vays collecting the last available “Fork And Flip re-paint 3/3. The edition is totally gone now and yes, it was emotional. Great to have him on board the AFC roster of influential owners. As the Vegas article is still unwritten, this is not happening in a linear timeline. Who cares. Crypto decentralizes this. The Answer is Canada The Toronto mission part will have to remain shrouded in mystery…