2012 and 2016: What do they both have in common? Bitcoin underwent what is referred to as the “halving,” where the yearly bitcoin inflation was algorithmically reduced by 50 percent. This is part of bitcoin’s deflationary monetary policy and why Austrian economists refer to bitcoin as “hard money.” If you look at the bitcoin price chart, you will notice that these two years have one more thing in common. The bitcoin price increased significantly the year leading up to the hal
Verge Price Prediction 2018: Verge (XVG) coin will surpass the cryptocurrency predictions for the long term future – USD / XVG Price News Today: Many investors just look at the top cryptocurrencies when it comes to investing. However, you should definitely look at the verge. Even though in the recent past, it has been affected by hacking attempts but that does not rule it out for investment in the future. According to the head of marketing and operations, Verge team, Kriss Ch
ETH price traded towards the $147 level and later corrected lower against the US Dollar.
There is a short term bearish trend line formed with resistance at $138 on the hourly chart of ETH/USD. The pair likely to break the $138 and $140 resistance levels to start a fresh upward move. Ethereum price is gaining traction against the US Dollar and bitcoin. ETH/USD must stay above the $131 support initiate a fresh rally above $140. Recently, we saw a nice upside move from the $114
Cryptocurrency, TRON (TRX)–With the crypto markets showing a moderate amount of price stability in the final week of 2018, after falling nearly $700 billion in market capitalization throughout the year, coin projects are consolidating and focusing on growth for 2019. TRON, in particular, is in the position to expand beyond its current limitations through the industry of gaming. Since first gaining traction through a strategic partnership with blockchain gaming portal Game.com
The bitcoin price got hammered in 2018 amid the prolonged Crypto Winter, but many investment experts expect the volatility to subside in 2019, as institutional investors start entering the market. Some analysts believe bitcoin will re-emerge — like the proverbial Phoenix rising from the ashes — on back of momentum created by institutional investors, the Australian Financial Review reported. “During the coming year we will see a gradual adoption from institutions,” said Henrik
Traders of XRP have something to smile about as we usher in the new year. One of the world’s leading cryptocurrency exchanges, Kraken has announced its support for XRP margin trading. The announcement was made via a press release sent to various news outlets and stated: "We have enabled margin trading for Bitcoin Cash (BCH) and Ripple (XRP)! The addition expands our margin offering to 8 assets." Meanwhile, Ripple’s XRP is closing the year while trading in the red following th
The influx of money from traditional investors has led the cryptocurrency to behave more like a traditional asset A Wall Street Journal (WSJ) article published today, Dec. 28, suggests that Bitcoin (BTC)’s correlation with traditional assets markets has been high in recent days. Citing data from research firm Excalibur Pro Inc., the WSJ states that the top cryptocurrency has traded at a 0.84 correlation to gold over the past five days, where -1 indicates complete inversion an
Bitcoin price recently tested the $3,950-4,000 resistance area against the US Dollar.
There is a key breakout pattern in place with resistance at $3,800 on the hourly chart of the BTC/USD pair. The price is likely to break the $3,800 and $3,900 resistance levels to trade further higher. Bitcoin price is likely preparing for an upside break above $3,800 against the US Dollar. BTC may climb sharply higher once there is a clear break above $3,800 and $3,900. After testing the $
BITCOIN (BTC) has experienced a turbulent year, with the asset’s price slowly falling throughout 2018 - hitting its lowest point in mid-December, according to CoinMarketCap. But can the virtual currency bounce back in 2019, or will it plunge to new lows? Several cryptocurrency specialists have given various predictions on what they believe will happen to BTC’s price in 2019 and the broader impact it will have on cryptocurrency markets. Some experts remain bullish in their out
Bitcoin and cryptocurrency adoption has failed to support the bitcoin price this year, with fears around sluggish bitcoin uptake weighing on investors and companies in the crypto space. After bitcoin's epic bull run last year, many expected bitcoin and cryptocurrency use to explode in 2018, however, with delays to institutional investment and products, and many speculators eager to cash out and count their profits, bitcoin adoption appears to have stalled. Now, a new survey o