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Breaking: Uniswap Labs is allegedly under probe by US SEC

TL;DR Breakdown: The United States SEC has allegedly launched an investigation into Uniswap Labs, the entity behind the popular Ethereum DEX. The SEC is reportedly seeking to know how investors are using the platform. It doesn’t constitute any accusation of wrongdoings. Uniswap Labs, the development team behind the Uniswap DEX, is reportedly under investigation by …

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Bitcoin cash price analysis Price to drop below as bears take charge once again

Bitcoin cash price analysis: BCH drops below $668 as bears take charge

TL;DR Breakdown The Bitcoin cash price analysis is showing a decline in BCH price. Price has dropped up to $668 level today. Resistance at $671.40 is yet to be overcome. The Bitcoin cash price analysis is indicating a downward trend, as the bears are regaining their strength again. The bearish momentum has resulted in a …

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VeChain Price Analysis

VeChain Price Analysis: VET breaks $0.144 previous swing high, retracement to follow?

TL;DR Breakdown VeChain price analysis is bearish for today. VET/USD continued to rally over the last 24 hours. Previous swing high at $0.144 broken VeChain price analysis indicates bearish momentum to follow later today as bulls are exhausted after setting a new higher high at $0.144. Therefore, VET/USD is expected to retrace and set another …

VeChain Price Analysis: VET breaks $0.144 previous swing high, retracement to follow? Read More »

Bitcoin Price Analysis

Bitcoin Price Analysis: BTC tests $50,000, will it break higher?

TL;DR Breakdown Bitcoin price analysis is bearish for today. BTC/USD rallied to the $50,000 resistance overnight. Bitcoin is likely to retrace again today. Bitcoin price analysis is bearish as the market has reached the $50,000 major resistance and showed some signs of resistance. Therefore, we expect BTC/USD to reverse today and look to set another …

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Ethereum Price analysis

Ethereum Price Analysis: ETH spikes to $3,800, ready for a reversal?

TL;DR Breakdown Ethereum price analysis is bearish for today. ETH/USD spike to $3,800 late yesterday. Consolidation seen below $3,800 overnight. Ethereum price analysis indicates bearish momentum to follow as bulls are exhausted after a spike to the $3,800 resistance yesterday. Therefore, we expect ETH/USD to retrace and likely head back towards to previous high to …

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Vast Bank becomes first US bank to allow buy/sell Bitcoin service

TL;DR Breakdown: Vast Bank has become the first federally chartered bank to offer customers the option to directly buy and sell cryptocurrencies. The supported cryptos are limited and cannot be withdrawn to exchanges or wallets in the meantime. Buying cryptocurrencies like Bitcoin was quite challenging in the early years until exchanges stepped in. This barrier …

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Nearly of Bitcoin addresses with balance are in profit

Over $465M Bitcoin positions liquidated as BTC reclaimed $50,000

TL;DR Breakdown: Over $465 million short Bitcoin positions have been liquidated as BTC retouched $50,000.  The increase in Bitcoin follows a massive drop in all exchange balances, as analyst Will Clemente predicted. In less than 24 hours, more than $465 million worth of Bitcoin positions has been liquidated following the increase in BTC to over …

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EOS price analysis Bears surmount Bullish peak to bring price to

EOS price analysis: Bears surmount bullish peak to touch $5.11

TL;DR Breakdown The EOS price analysis updates shows a decrease in price. Bears have downgraded the price to $5.1 today. The resistance at $5.2 still remains to be crossed. The EOS price analysis is showing an uprising bearish momentum, which has resulted in a downtrend for the price. The bears have overcome the building bullish …

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Filecoin Price Analysis

Filecoin Price Analysis: FIL spikes above $75, set to slowly retrace before another rally?

TL;DR Breakdown Filecoin price analysis is bearish for today. FIL/USD spiked above the $75 resistance yesterday. FIL consolidated today. Filecoin price analysis is bearish for today as the market has spiked above the $75 resistance and started to consolidate below the $78 mark. Therefore, we expect FIL/USD to retrace once more, and try to set …

Filecoin Price Analysis: FIL spikes above $75, set to slowly retrace before another rally? Read More »

Bitcoin Price analysis

Bitcoin Price Analysis: BTC retests $46,500, ready to break $50,000 next?

TL;DR Breakdown Bitcoin price analysis is bullish today. BTC/USD retested the $46,500 support overnight. Bitcoin set for another rally. Bitcoin price analysis is bullish for today as the market found support at the $46,500 support overnight, indicating an upcoming reversal. Therefore, we expect BTC/USD to reverse later today and start heading to the $50,000 resistance …

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Ethereum Price Analysis

Ethereum Price Analysis: ETH continues to rally, swift move to $3,600 next?

TL;DR Breakdown Ethereum price analysis is bullish for today. ETH/USD saw a further rally from the $3,350 previous resistance. Ethereum targets the $3,600 mark next. Ethereum price analysis is bullish for today as the market has continued to rally over the last 24 hours. Therefore, we expect ETH/USD to reach the $3,600 next resistance later …

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Has Ether become deflationary? Over 156k ETH burned since London Hardfork

TL;DR Breakdown: In three instances, Ethereum blocks mined hourly on Tuesday produced deflationary results. So far, over 156,000 ETH has been completely removed from the supply.  A significant amount of Ether (ETH) has been burned since the London hardfork went live on the network on August 5. The introduction of the EIP-1559 has effectively helped …

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