Traders could try to join the market if the price dips to the 14-day SMA, although a dip could lead to a trap If the 50-day SMA is broken southwards BTC’s price will keep on dropping. BTCUSD Long-term Trend – Bullish Distribution territories: $6,000, $6,500, $7,000 Accumulation territories: $3,500, $3,000, $2,500 Bitcoin’s price has been gaining value after surging on April 2. The cryptocurrency, which was previously trading within a specific range, has seen the bulls push…

Zac Prince, the CEO of Manhattan, New York-based crypto-backed lender BlockFi, recently shared his views and insights with CryptoGlobe. Prince's firm notably managed to attract $25 million in crypto deposits just 2 weeks after the launch of its crypto-backed USD loans. Zac Prince, the founder and CEO of BlockFi Lending LLC, a “secured non-bank lender” focused on providing cryptocurrency-backed USD loans to digital asset investors, has argued that “we are [transitioning] from a painful [crypto] bear market…

According to early reports from security researchers, South Korean cryptocurrency exchange Bithumb has suffered a major attack that started on Friday (March 29) around 01:40 UTC. (This is the second major attack on Bithumb, with the first one occurring in June 2018, when the exchange lost $30 million in crypto.) One of the first people to report the news of the attack on Bithumb was Dovey Wan, a founding partner at Primitive Ventures:   According to Dovey's Twitter thread…

A new report on the UK banking industry has identified Fintech startups as a key potential disruptor in the eyes of the industry’s biggest participants. The recently released MoneyLive Banking Report compiled by Marketforce LIVE concluded that Britain’s banking space sees such startups as a “significant threat” to their business models, after consulting with 600 prominent figures from across the industry. The report polled respondents in an attempt to find out how traditional financial institutions view the growing prevalence of services provided…

Bitcoin (BTC) briefly collapsed to a new 2018 low today, leaving everyone continuing to wonder how much lower it could realistically go. BTC is currently down more than 83 percent since reaching an all-time high of nearly $20,000 last December. At the time of writing, Bitcoin is trading at $3,260 per BTC, with one wick this morning that touched $3,162. The weekly chart shows Bitcoin approaching a range with a bit more support, from $3,000 down to $1,800.…

The price of Bitcoin (BTC) has dropped significantly from it’s all-time high of nearly $20,000 back in December. In fact, the price has dropped so much that many people in the crypto community never thought we’d see these prices again. At the height of the parabolic bull run of 2017, people wished and begged for lower prices to buy in at. Well, it looks like their wishes came true as the price of Bitcoin is hovering around $3500,…

Eric Dalius, a real estate and marketing professional turned bitcoin investor and cryptocurrency expert, says the next bitcoin bull run is a matter of when, not if. Recently Tech Bullion reported on his shared thoughts on bitcoin’s price history and he gave projections for the bitcoin market. Bitcoin’s Erratic Price History The words ‘bitcoin’ and ‘price’ seem to go hand in hand. Their relationship is volatile and spikes interest among the masses, especially as of late. The price…