Crypto Review

FxPro: Small ripples on the surface for Crypto prices with powerful underflow

After big moves at the end of last year the crypto market again experiences a lull. Over the past day, BTC added more than 3% and trades around $3,700, offsetting recent losses. Rebounds and corrections occur within two to three...

FxPro: Crypto slides from holiday hopes to cold reality

Cryptocurrencies are experiencing post-holiday correction after a sudden increase. Investors who expected a festive rally are now closing their positions, which is intensifying the wave of decline. Over the past day Bitcoin has lost about 5% and is trading below...

FxPro: Trade wars and protectionism helps cryptocurrency in the long run

For cryptomarket the holidays passed without any significant upheavals. Unlike last year, cryptocurrency did not attract meaningful demand. Bitcoin continues to fight for the threshold $4k. Short-term impulses of growth or decline cause a similar altcoins dynamics. As of the...

Crypto Market Unconvincingly Adds $7 Billion as Bitcoin Recovers

Within minutes, on January 6, the Bitcoin price spiked from $3,830 to $4,030 by around five percent. The sudden increase in the price of Bitcoin led other major crypto assets to spike in value. Ripple, Bitcoin Cash, Litecoin, EOS, and...

Bitcoin holiday sale-off pushed bulls out of the market

Bitcoin’s recent forays into price territory above $4,000 have been beaten back over the holiday, putting the bulls under pressure to regain momentum. The cryptocurrency had peaked to around $4,140 on Dec. 21, then to over $4,200 on Dec. 24,...

OTC market can have a greater impact on Bitcoin value

The over-the-counter (OTC) market has long been considered to be bigger in size and volume than the crypto exchange market, having a bigger impact on the Bitcoin price. Large institutional investors and high profile retail traders often rely on the...

Bitcoin ‘Died’ 90 Times In 2018

The rumors of bitcoin’s death are greatly exaggerated, according to the stunning number of obituaries it racked up during a dismal crypto bear market. The original cryptocurrency has died 90 times in 2018, according to 99 Bitcoins. That’s slightly less...

Bitmain will dismiss 50% of its employees

Bitcoin mining giant Bitmain is going to sack almost half of its staffers by the end of this week, sources from the Chinese media reported. The Beijing company today laid off a team which was working on the development of...

Ethereum (ETH) rate increased by 66% in one week. Factors and trends

Since December 16, within one week, the Ethereum price surged from $83 to $138, by just over 66 percent. As the price of Ethereum surged amidst a strong corrective rally triggered by oversold conditions, short contracts were squeezed out, allowing...

What miners can do with equipment?

Technology such as artificial intelligence, machine learning, and neural networks require significantly more raw power than single computers can offer at reasonable prices. Instead, several companies, both on the blockchain and off, have started to specialize in renting out computing...

FxPro: Strengthening Cryptomarket

This week may will be remembered for a reverse of crypto market to some optimism. Bitcoin has managed to get support at $3,300. Purchases are gradually gaining momentum, that allowed the price to exceed the $4,000 threshold. Needless to say...

FxPro: Bitcoin tries to interrupt its race to decline

Over the past 24 hours, Bitcoin adds more than 8% and trades around $3,500, showing the strongest rebound in the latest 3 weeks. Along with the growth of the BTC price, trading volumes are also growing, which confirms the serious...