Bitcoin (BTC) Up 8.2 Percents as More Americans Hold

Bitcoin (BTC) up 8.2 percent in last week More Americans are owners of Bitcoin A Blockchain Capital survey reveals that Bitcoin awareness, familiarity, and perception has improved, explaining the high Bitcoin (BTC) ownership in the US. At the time of press, Bitcoin (BTC) prices are stable, above $5,500 as buyers aim at $6,000. Bitcoin Price Analysis Fundamentals Blockchain brought decentralization with the community building applications on public ledger securing the network by running full nodes. Bitcoin and Ethereum are the two topmost decentralized, proof-of-work networks dependent on the community for…

A Big Plus, Ethereum (ETH) Futures Translate to Institutional Investment

Ethereum (ETH) prices add 4.4 percent Anonymous senior official says CFTC may approve compliant ETH derivatives Five months after issuing am RFI, the CFTC may get comfortable with Ethereum (ETH) derivatives opening up doors for institutional investment. Not only will it elevate Ethereum (ETH) position but CFTC approval would cement Ethereum as a go-to smart contracting platform. Ethereum Price Analysis Fundamentals The CFTC is a US Agency that regulates the options and futures market. All entities or funds wishing to roll out crypto futures or options markets must get a…

Ripple (XRP) Trading as Designed—Stable, Will 30 Cents Hold?

Ripple (XRP) prices flat Banks and payment processors sign agreements with Ripple Inc Prices are stable but not consummate with fundamental factors. With Ripple Inc striking deals and signing partnerships, Ripple (XRP) demand should be higher reflecting demand. However, that is not the case as XRP/USD range inside a 4 cents zone. Ripple Price Analysis Fundamentals Because of the nature of crypto and expectation of project supporters, an influential position within the project’s hierarchy is akin to a political role. Perhaps that’s why Satoshi Nakamoto, the founding father of blockchain…

Gold Futures Projects Bitcoin Price 350% Higher in Roughly 378 Days

There is a strong possibility that the bitcoin price would surge by 350 percent in roughly 378 days, according to past trend behavior noted in the Gold Futures market. Cryptocurrency management firm Trading Shot found striking similarities between the Gold Futures (COMEX) and the Bitcoin spot market. The firm noted that bitcoin’s 2017 surge towards its historical high at $20,000 looked very similar to the Gold Futures’ bullish performance between July 1976 and January 1980. Moreover, their expected bearish corrections also trended hand-in-hand, as shown in the chart below. Gold…

60% of All Bitcoin Full-Nodes Are Still Vulnerable to Inflation Bug

According to bitcoin (BTC) node stats reported on the website of bitcoin core developer Luke Dashjr, 60.22% of the coin’s full-nodes are running software still vulnerable to the inflation bug at press time. According to the reported data, the software running on 60,101 bitcoin full-nodes is vulnerable to the CVE-2018-17144 bug. As Cointelegraph reported at the end of September last year, the bug allows malicious miners to artificially inflate bitcoin’s supply via a simple type of double input. According to a Cointelegraph analysis, at the time — likely because of the…

Bitfinex’s Bitcoin Price Excluded from CoinMarketCap Average Calculation

Cryptocurrency data provider CoinMarketCap has excluded bitcoin prices provided by the troubled Bitfinex exchange from its weighted average calculation. Now, when checking BTC/USD data on CoinMarketCap, it shows a single asterisk mark for Bitfinex’s price, with the message at the bottom “Price excluded.” Notably, at time of writing, bitcoin is trading at a premium of over $300 on Bitfinex as compared to other major exchanges. For instance, on Coinbase and Gemini, the price is around $5,650, while on Bitfinex it is around $5,985. In its methodology description on its website, CoinMarketCap states the conditions for…

Bitcoin (BTC) Price Flirting With Key Support: Fresh Rise Likely

Bitcoin price corrected lower recently after trading above the $5,800 level against the US Dollar. The price declined below the $5,700 level and tested an important support near $5,580. There is a key bullish trend line forming with support near $5,600 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is likely to bounce back above $5,700 as long as it is above $5,600 and $5,540. Bitcoin price remains well supported on the downside above $5,500 against the US Dollar. BTC could start a fresh…

Crypto Market Nearing Key Support: Bitcoin Cash, XLM, EOS, TRX Price Analysis

The total crypto market cap started a downside correction from the $186.8B swing high. Bitcoin price is currently correcting lower towards the $5,650 and $5,600 supports. Bitcoin cash price failed to stay above the $300 support level and declined below $295. EOS price retreated from well above $4.85 and it is currently above the $4.72 support. Stellar (XLM) price failed to settle above the key $0.1000 resistance level. Tron (TRX) is under a lot of pressure and it could retest the $0.0225 support level. The crypto market cap is correcting…

Ripple (XRP) Price Remains Vulnerable Below $0.3050

Ripple price struggled to gain bullish momentum and declined below $0.3000 against the US dollar. The price is currently trading below key supports and it could extend losses below $0.2940. There is a short term bearish trend line forming with resistance near $0.2980 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair remains at a risk of more losses towards the $0.2900 and $0.2850 support levels. Ripple price is currently in a declining mode against the US Dollar and bitcoin. XRP failed to hold gains…

Ethereum (ETH) Price Prediction: Can Ether Hold This Key Support?

ETH price corrected lower recently, but stayed above the key $156-157 support against the US Dollar. The price is facing a lot of hurdles near the $162 and $163 levels on the upside. There is a short term declining channel in place with resistance near $163 on the hourly chart of ETH/USD (data feed via Kraken). The pair must stay above the $156 support to avoid a downside break in the near term. Ethereum price is facing a lot of selling interest versus the US Dollar and bitcoin. ETH could…