Binance’s BNB Leads Top Ten Cryptos in Q1 2019, Rises 185%

Binance Coin (BNB) has led the top ten cryptocurrencies in terms of quarter performance. The Binance crypto exchange’s native asset surged 185 percent in the first quarter of 2019, jumping from $6.069 to $17.335, according to data provided by Messari. On the whole, BNB was the sixth largest gainer in the said period, beaten only by PCHAIN’s PI (+787%), Ravencoin’s RVN (+337%), Everex’s EVX (+313%), Enjin Coin’s ENJ (+287%), and Numeraire’s NMR (234%). None of these cryptocurrencies were in the top ten list. BNB Q1 2019 Performance | Source: Messari…

Bitcoin (BTC) Price Trend Overwhelmingly Bullish, Bulls Aim $4,400

Bitcoin price gained traction in the past few days and traded to new a new monthly high at $4,132 against the US Dollar. The price corrected lower recently, but it found support near the $4,050 and $4,040 levels. There is a major ascending channel in place with support at $4,070 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair might decline towards the $4,040 support once again before climbing higher in the near term. Bitcoin price is trading in a strong uptrend above $4,000 against…

Not Out Of The Woods? Bitcoin (BTC) Needs To Pass $4,400 To Confirm Breakout

Bitcoin Still To Meet Key Resistances While Bitcoin (BTC) has seemingly broken clean past $4,000, as it failed to pullback under that level during Friday night’s brief sell-off, analysts are sure that the cryptocurrency still has key resistances to meet, surpass, and hold above. In a recent TradingView post, Magic Poop Cannon, a popular analyst, remarked that while BTC broke clean past a long-standing “powerful” resistance, which depressed Bitcoin heavily at $10,000, $8,500, and $6,500 and the 150-day moving average simultaneously, this surge was done on relatively light volume. This…

Crypto Bear Market Ended in Jan 2018, Says Analyst

On Friday, economist and global markets analyst Alex Krüger ‏said that the crypto bear market has been over for more than three months and if bitcoin breaks out of the $4,200 resistance level, it will mark the end of the 15-month bear trend. “The crypto bear market has been over for three months now. BTC breaking above 4200 will mark the end of the bear trend that started in January 2018. Going to miss this big fellow,” Krüger said. The bitcoin price has remained relatively stable in the $3,400 to…

Bitcoin (BTC) Price Following Steady Uptrend, Dips Remain Attractive

Bitcoin price climbed higher and broke the $4,100 resistance area against the US Dollar. The price corrected lower recently, but the $4,040 level acted as a strong support. There is a crucial ascending channel in place with support at $4,060 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair remains supported on the downside and it could bounce back above $4,100 in the near term. Bitcoin price is following a steady uptrend above $4,000 against the US Dollar. BTC corrected lower recently, but it remains…

Crypto Exchange Bithumb Hacked for $13 Million in Suspected Insider Job

South Korean crypto exchange Bithumb has had around $13 million in the EOS cryptocurrency stolen in a hack it suspects was an insider job. The company confirmed in statement on Saturday that it first spotted an “abnormal withdrawal” of the cryptocurrency through its monitoring system at 22:00 Korean time (13:00 UTC) on Friday, March 29. The exchange suspended asset withdrawals and deposits on the platform after noticing the breach. Bithumb stated: “All the [stolen] cryptocurrency is owned by the company, and all members’ assets are under the protection of a cold wallet.”…

This Bitcoin Price Rally is Masking a Serious Problem

By CCN.com: This week is looking to end on a positive note for bitcoin, as the cryptocurrency clawed its way above $4,100, adding $1 billion to its market cap in the process. Bitcoin Price Cracks $4,100 as Bullish Sentiment Grows The bitcoin-to-dollar rate established an intraday high at $4,103, up 2.24-percent since Friday’s opening price. The session peak also marked bitcoin’s highest mark since February, leading many to believe that the cryptocurrency was finally breaking out of its prolonged bearish bias. The shift in sentiment has been building since bitcoin’s…

Bitmain Announces Antminer s17 Date: Can It Turn the Company’s Fortunes Around?

Cryptomining manufacturer Bitmain has revealed the release date for its next-generation Antminer S17 series. The S17 set of miners includes the Antminer S17 Pro, Antminer S17 and the Antminer T17. The Antminer S17 is the latest in the company’s line of fabless mining chips. According to the post, the chips, which are expected to go on sale from April 9, 2019, will provide an energy-efficient means of mining popular cryptocurrencies such as bitcoin and bitcoin cash. The miners will be fitted with the 2nd generation 7nm ASIC BM1397 mining chips…

Crypto Prices May Be Down, But Industry Fundamentals Are Healthier Than Ever

The cryptocurrency market has been through the wringer over the past 15 months. The prices of most altcoins have plummeted by 90% or more from their all-time highs, and the king of crypto itself, Bitcoin, has declined as much as 85% as well. But despite prices being far lower than they once were, the health of the industry itself is only getting stronger fundamentally, according to one cryptocurrency analysis firm. Boston-Based Data Firm Reveals Crypto Industry Is Healthier Than Ever While sentiment around the cryptocurrency market is still extremely bearish…

Bitcoin Price Escaped Bear Market 3 Months Ago: Analyst

By CCN.com: After a long and bitter winter, the crypto thaw has arrived and bears have lost their grip on the market. One economist says the bears were sent packing into hibernation as many as three months ago from a technical standpoint, though you wouldn’t know it from March’s narrow bitcoin trading range. Alex Kruger: Bitcoin Has Vanquished Bear Market – That’s a Fact Believe it or not, with the bitcoin price hovering near $4,100, the bulls have finally wrestled back control. Investors failed to commemorate the occasion with a…