Recap Of 2019: Those Were The Biggest Bitcoin & Crypto Events Of The Year

It’s safe to say that Bitcoin, as well as the entire cryptocurrency market, were in for one wild ride in 2019. This is true in terms of price, but also for new developments, exciting events, important community positions, and so forth.  A lot of people believe that 2019 was the preparation year for Bitcoin and other cryptocurrencies – the period during which digital assets could claim a higher ground and be more recognizable, especially for regulators across the world. And this is no doubt the case, even though this particular…

Tezos Price Analysis: Lonely Top 10 Crypto In Green – Can XTZ Overcome $1.30?

Tezos slipped by a further 10% this week but managed to find strong support at $1.30. Against Bitcoin, the cryptocurrency has rebounded after meeting support slightly beneath 0.00018 BTC. Today, XTZ is the only positive-performing cryptocurrency from the top projects.  Key Support & Resistance Levels XTZ/USD Support:  $1.29, $1.20, $1.15. Resistance: $1.42, $1.64, $1.74, $1.80.. XTZ/BTC: Support: 0.000189 BTC, 0.00018 BTC, 0.000167 BTC. Resistance: 0.00022 BTC, 0.00025 BTC, 0.000262 BTC.. XTZ/USD –  Tezos Bounces At $1.30 Support Level Tezos continued to fall beneath the strong support at $1.50 this week.…

Bitcoin Loves Weekends: Saturday Was The Best ROI Day Throughout 2019

With only a few hours left to the start of 2020, a recent market report from Santiment, a platform for accessing cryptocurrency data and insight, revealed that Saturdays proved to be the best days for Bitcoin in 2019 with Fridays being the worst.  According to Santiment, they created a backtesting solution to calculate the daily average performance of any cryptocurrency, including Bitcoin, Ether, and other altcoins in the market.  Bitcoin (BTC) 2019 Daily Trend From the chart above, Bitcoin had a positive average performance in 4 out of 7 days…

Bitcoin Failed To Breach Through Resistance, Now Facing $7000 At The Last Hours of 2019 (Price Analysis & Overview)

Just a quick update to yesterday’s extended Bitcoin update: Shortly after reaching the significant resistance of the month-old descending trend-line, as of yesterday, Bitcoin got rejected and rapidly lost momentum. Failing to hold the $7400 and breach the December descending trend-line (marked light green on the following daily chart), had sent Bitcoin below the next support level at $7200. As of writing these lines, Bitcoin is trading slightly above $7200. Part of the reason could be the left-over CME price gap at $7313, which we mentioned here yesterday. The gap…

Craig Wright Is Supposed To Receive Private Key of 1 Million Bitcoins (Worth $8 Billion) Tomorrow

The controversy around the Wright versus Kleiman legal case continues, as the former is reportedly going to receive the private keys needed to access over one million Bitcoins on January 1st, 2020. If successful in retrieving them, it’s questionable how and if Craig Wright will dispose of the cryptocurrency and what the effect on the price of Bitcoin would be. Wright: I will not dump the coins Craig Wright has fought a few legal battles in the cryptocurrency space, including the one against the estate of his former business partner,…

Ethereum Price Analysis: ETH Back Above $130, Can 2019 Ends In Favor of The Bulls?

Summary Ethereum saw some brief stabilization this week after the cryptocurrency rebounded from $125 and broke above the resistance at $130. Against Bitcoin, ETH surged higher from the 0.017 BTC support as it trades at 0.018 BTC. Despite the recent price rebound, Ethereum has still lost a total of 10% over the past 30 days of trading. Key Support & Resistance Levels ETH/USD Support:  $130, $128, $120, $118. Resistance: $145, $152, $160. ETH/BTC: Support: 0.0171 BTC, 0.0169 BTC, 0.0164 BTC. Resistance: 0.0179 BTC, 0.0184 BTC, 0.019 BTC. ETH/USD –  ETH…

Elquirex Exchange Set to Expand With New Cryptocurrencies And Loyalty Program In 2020

[PRESS RELEASE] Elquirex brings forward an around the clock cryptocurrency exchange service. The platform is user-centric and simple to use. It doesn’t require any registrations or personal information as the process is supposedly free of all this hassle. Elquirex allows users to quickly switch up between different cryptocurrencies. There are several cryptocurrencies that users can opt to exchange, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), Litecoin (LTC), and Monero (XMR). However, the team is working constantly on expanding its range of cryptocurrencies so more of these should…

Ethereum’s Newest Hardfork, Muir Clacier, To Take Place On January 1st

The beginning of the new year will deliver a new hard fork for Ethereum, called Muir Glacier. Just a few weeks after the last one (Istanbul), the new fork should address the issues left from it and is supposed to happen on Wednesday, January 1st, 2020. Muir Glacier To Start 2020 According to the official announcement from the company, Ethereum’s newest upgrade is called Muir Glacier and will take place at block number 9,200,000, which should be on January 1st, 2020. However, the date might change due to variable block…

Bitcoin Price Analysis: After Another Rejection, Bulls Need a Little Push To End December In Green

There was some good news since our previous weekend price analysis, as Bitcoin returned to retesting the higher descending angle of the bearish triangle. However, yesterday we saw another fake-out when Bitcoin quickly turned down back under the confluence price area. A new weekend starts today, not a regular one since many traders are still on their vacation. The ones that are trading are not many, as the trading volume levels are close to the month’s low. The new week brings the usual Monday CME Futures price gap; however, this…

8,900,000% ROI: Bitcoin Is The Best Performing Asset Of The Ending Decade

Whenever a year comes to its end, people start reminiscing on the last 365 days, recovering photos and memories, and the same could be expected to happen in the next few days, as this year ends. 2019 though, marks another milestone as the whole decade is coming to a close. While some people might start getting back to what happened to them in the last ten years, we will have a look at the leading financial instruments and how they performed in this timeframe. Did you know that if you…