Even if ethereum succeeds as a smart contracts platform, its cryptocurrency might still fail as a long-term store of value, writes Michael J. Casey.
Ether Records Highest Daily Trading Volume in 12 Months
Ether’s recovery from 13-month lows is being backed by daily trading volume not seen for a year.
Bitcoin Price Takes a $200 Tumble After Eight-Day Highs
Despite a $200 pullback from eight-day highs today, bitcoin’s recovery looks intact on technical charts.
Back Over $200 Billion: 3 Reasons Crypto Prices Could Be Heading Higher
The cryptocurrency markets are rallying today with ether leading the pack. But will it last? Three signs give reasons for investors to be hopeful.
Bitcoin Price Looks North After Passing $6.4K Resistance
Having found acceptance above the key hurdle of $6,400, bitcoin’s corrective rally looks to be gathering pace.
Ether Shorts Hit Another Record High as Price Sinks
Ethereum traders continue to load up on short positions, having pushed the cryptocurrency lower by more than 30 percent in the last seven days.
Below $50: Litecoin Price Clocks 12-Month Low
The price of litecoin (LTC) has nosedived to 12-month lows amid broad risk aversion in the crypto markets.
Bitcoin Price Charts Hint at Recovery Rally Above $6.4K
Bitcoin could be in for a decent corrective rally if prices find acceptance above the key resistance of $6,400.
Bitcoin Price Awaits Next Move as Trading Range Narrows
Bitcoin (BTC) is being squeezed into a tight trading range with neither bulls nor bears currently having the upper hand.
Back Below $200 Billion: Crypto Market Cap Sinks to 10-Month Low
The sell-off in bitcoin and the resulting risk aversion pushed the cryptomarket to the lowest level since November 2.
Bitcoin Retains Bear Bias Despite Recovery From 25-Day Low
Bitcoin’s recovery from 25-day lows near $6,100 is likely a “dead cat bounce” rather than a bullish reversal, charts suggest.
Bets Against Ether’s Price Hit All-Time High
The number of short orders placed on ETH/USD have reached a new high and is a clear reflection of bearish sentiment surrounding the cryptocurrency.
$6K Ahead? Bitcoin Price Plunges After Brief Recovery
Bitcoin’s short-lived corrective rally reinforces the bearish outlook put forward by the technical charts and indicates scope for a drop to $6,000.
Iran’s Recognition of Crypto Mining Prompts Local Bitcoin Price Spike
The Iranian government has recognized bitcoin mining as a lawful activity, briefly sending bitcoin prices to record levels at the country’s exchanges.
Bitcoin’s Double-Digit Drop Negates Long-Term Bull Market
Bitcoin’s 13 percent slide in the last 24 hours has neutralized the long-term bullish reversal suggested on the technical charts earlier this week.
Bull Trap? Bitcoin Price Slides Below $7K Despite Strong Indicators
Bitcoin is reporting losses a day after a bull breakout – a move that looks similar to a bull trap seen in July.
Litecoin Price Nears $70 to Hit One-Month High
The price of Litecoin (LTC) recorded its highest price in a month on Tuesday as the broader market picks up the bid.
Bitcoin Indicator Turns Bullish for First Time in 8 Months
Bitcoin’s weekly MACD indicator has risen above zero for the first time since January, confirming a long-term bearish-to-bullish trend change.
Bitcoin Price Faces Minor Drop as Bulls Run Out of Steam
Bitcoin could be in for a minor price pullback as the short-duration charts are flashing signs of bullish exhaustion.
Nano Was August’s Top-Performing Big Crypto Despite Its Record Low
Nano shone bright on the back of strong volumes in August, despite an all-time low experienced mid-month.