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Ripple Price Analysis: XRP Broke Key Support, More Losses Ahead

After struggling to clear the $0.4000 resistance, ripple price started a downside move against the US Dollar. The XRP/USD pair declined heavily and broke the $0.3800 and $0.3550 support levels. There was even a close below the $0.3600 level and the 100 hourly simple...

Ethereum Price Analysis: ETH Turned Sell On Rallies

Yesterday, we discussed a possible downside break below $121 and $118 in ETH price against the US Dollar. The ETH/USD pair failed to break the $130-132 resistance zone and started a downside move. There was a break below the key $121 support, opening the...

Bitcoin Wallet Comprise: Electrum Wallet Breach Costs Users Over $750,000

According to emerging reports, the popular Bitcoin wallet software Electrum has been attacked costing those affected over $750,000 worth of Bitcoin. The security breach involved hackers tricking the wallet into urging users to make a critical update. Those affected were then redirected to an unauthorised...

Gold Demand Rising: Investors Turn to Precious Metal as Safe Haven Asset

Recent global economic concerns and stock market volatility seem to have increased demand for gold as a safe haven asset. The price of the precious metal hit its highest level since June in the yesterday’s trading session. Investors are turning to the historical store of...

Bitcoin Could Fall Under $3,000, But It Remains Non-Correlated

As traditional equities have plummeted in value, especially Nasdaq-based technology stocks, interestingly, so has the Bitcoin (BTC) market. This seeming correlation was most recently exemplified by crypto’s tumble on Christmas Eve, as BTC fell from $4,200 to $3,800 as industry commentators were claiming that...

Bitcoin Gets into Mainstream, Futures Trading Rises

Bitcoin (BTC) and its unprecedented price rally resulting in an all-time high value of around $20,000 in January 2018, undoubtedly caught the public’s attention. Despite losing around 80 percent of its price afterward, 2018 was the year which saw the blockchain industry boom in...