Why Billionaire Investors Remain Positive on Long-Term Trend of Crypto

Why Billionaire Investors Remain Positive on Long-Term Trend of Crypto

Advertisement Mike Novogratz, Jim Breyer, and Tim Draper are some of many billionaire investors in the traditional financial market who remain optimistic towards the long-term trend of crypto. How are these investors able to maintain their positive stance in regards to the growth of the cryptocurrency sector following an 85 percent decline in valuation across…

Bitcoin Avoids Large Drop Below $3k With 7% Recovery, Trend Reversal?

Bitcoin Avoids Large Drop Below $3k With 7% Recovery, Trend Reversal?

Advertisement Over the last 24 hours, the Bitcoin price has experienced a seven percent recovery from $3,210 to $3,433, avoiding a further drop below the $3,000 support level. Many traders expected Bitcoin (BTC) to rebound from the $3,000 to $3,300 range because the $3,000 support level has shown strength throughout the past two weeks. Ethereum…

Crypto Startups More Valuable Than Blockchains, Can the Trend Change?

Crypto Startups More Valuable Than Blockchains, Can the Trend Change?

Advertisement Twitter Facebook LinkedIn In the crypto bull market of late 2017, when tokens reached a valuation of tens of billions of dollars, blockchain networks comfortably surpassed the valuation of commercial companies in the cryptocurrency ecosystem. At the time, for venture capital investors, direct investments in digital assets and cryptocurrencies seemed substantially more profitable than…

Bitcoin Hits Yearly Low Volume, Only Way to Reverse Trend is a Big Spike

Bitcoin Hits Yearly Low Volume, Only Way to Reverse Trend is a Big Spike

Advertisement Over the past 24 hours, Bitcoin has achieved a new yearly low volume, demonstrating a lack of momentum and strength to recover to the higher region of $6,000. On Coinmarketcap, the volume of Bitcoin fell to $3.1 billion while it fell to $1.91 billion on CoinCap. The previous yearly low point of the Bitcoin…

Bitcoin Price Intraday Analysis: BTC/USD on Sideways Trend

Bitcoin Price Intraday Analysis: BTC/USD on Sideways Trend

Advertisement Bitcoin price on Friday made no significant corrections from its intraday low near $6,302. The BTC/USD over the course of past 24 hours has done a raise-and-erase act, signaling a sideways sentiment. At the beginning of the Asian session, the pair had noted a weak bull correction attempt, so that it established an intraday…

Ripple Drops 5% as Crypto Market Continues Downward Trend, Bitcoin Suffers

Ripple Drops 5% as Crypto Market Continues Downward Trend, Bitcoin Suffers

Advertisement The crypto market has lost $5 billion of its valuation overnight, as major digital assets including Bitcoin, Ripple, Ethereum, and Bitcoin Cash recorded slight losses in the past 24 hours. Bitcoin and Ether, the native cryptocurrency of Ethereum, fell by around 1.5 percent, while Bitcoin Cash and Ripple declined by 2.5 percent and 5…

Stellar Price Slides 10 Percent as Bullish Trend Hits a Snag

Stellar Price Slides 10 Percent as Bullish Trend Hits a Snag

Advertisement The stellar price (XLM)  fell by just over 10% today, indicating a recent bullish trend may not sustain itself. Stellar is currently the sixth-largest cryptocurrency with a market cap of $5.131 billion, right behind EOS. In the last seven days, it has gained 35% in value against the dollar, according to CoinMarketCap. In the…