|Day's Range||657.7 - 662.58|
|52 Week Range||50.01 - 1,422.86|
|Volume (24hr) All Currencies||1.13B|
Ethereum markets fell during trading on Wednesday, as crypto currencies pulled back a bit. We have seen a strong move over the last several days, so it’s not a surprise to see that we had to pull back towards what should be support.
Bitcoin markets have been rallying for some time but found sellers on Wednesday to turn things over and start looking for support that was previous resistance. The market looks likely to continue to go much higher, and this pullback should be nice buying opportunities.
Ethereum markets took off during the trading session on Tuesday, breaking towards higher levels yet again. This is a market that has exploded to the upside over the last several sessions, and I think that we are now starting to see another bullish move.
Bitcoin markets rallied a bit during the trading session on Tuesday, reaching to higher level yet again. I think that short-term pullbacks continue to be a buying opportunity, as it looks like we are reaching towards the highs that we have seen lately.
Virtual Crypto Technologies today launched NetoBit Cash, which will enable any business in the world to immediately, easily, and securely collect payments in cryptocurrency at the best exchange rate and lowest commission, while offering protection against exchange rate volatility.
Ethereum markets rallied slightly during the trading session on Monday, in what was rather quiet action. The market continues to favor the upside though, and I think that there are buyers underneath looking to take advantage of value as it appears.
Bitcoin went sideways during the trading session on Monday, essentially hanging about where we started. I believe that the market will continue to show a bit of a base building opportunity, and I think that the market should continue to have value underneath and of course by extension, support.
Shivom, an international blockchain-powered startup that aims to create the world’s biggest data hub on genomic information using decentralized technologies to secure the data and put it to a good use via various apps, has announced in its blog post that it has garnered support from government officials from three different countries. Shivom will use blockchain tech in order to fully secure genomic data and ensure utter privacy. In particular, it uses blockchain to store encrypted data to make it available only to the designated users while cutting costs of transactions, which is one of the cornerstone features of decentralized ledgers.
This all, however, may not be the case should a blockchain-powered platform Smart Trip become fully operational. The idea behind the platform is about making a service for tourists from anywhere in the world that encompasses nearly everything – from booking a flight to advise you to keep away from certain city districts in Seoul late at night. Indeed, instead of booking a flight on one website, booking a hotel on another, and looking for tourist attractions on yet another one, it could enable one to plan a great vacation without all that fuss, or at least that’s what Smart Trip’s whitepaper is all about.
The online gaming industry is in the process of getting a much needed revamp, as blockchain tech spreads its wings and the changes are coming at just the right time.
A 'Lord of the Rings' reference in several crypto projects illustrates a coming land grab on the finite amount of "cool" names.
Ethereum markets rally during the week for the third week in a row, which of course is a very good sign. It looks as if the buyers are starting to come back to the crypto currency markets, and that we perhaps have found a bit of a floor.
Bitcoin markets pulled back a bit during the week initially but found enough support underneath to turn around and show signs of support. In fact, both markets are showing signs of bullish pressure again.
Ethereum markets rallied significantly during the trading session on Friday, showing signs of strength yet again. Every time the market pulls back, I suspect that the value hunters again come back as we are starting to see crypto currency markets show signs of life again.
Bitcoin markets rallied again on Friday, reaching towards higher levels as the recouping of losses continues. The question now is “have we found a bottom?”
Bitcoin trading platform LedgerX now sees $7.5 million traded weekly in options products, up from $1 million during its first week.
Ethereum markets rallied a bit during the steady session on Thursday as we continue to see crypto currencies recover. It looks likely that Ethereum is going to continue to go higher from here.
Bitcoin markets continue to grind sideways in general, looking likely to try to build up enough momentum to go higher. I think that short-term pullbacks could continue to bring in buyers, unless course we break down below the significant support barrier I see just below.