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Tag Archives: Weekly

Weekly Blockchain Industry Report-17th Issue: Bitcoin ETF

(August 4th –August 10th, 2018) This week, the crypto market continued the bear trend. Major cryptocurrencies suffered price delince more than 10%. Among which, XRP got hammered and experienced greates loss of 26.2%. Apart from emotional factors, the major reason for this hit is the news that SEC rejected the application of Bitcoin ETF. We’ll dive deeper into this issue ...

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Ethereum Price Weekly Analysis: ETH/USD Recovery Remains Capped

Key Highlights ETH price declined heavily and it almost tested the $300 support area against the US Dollar. There is a connecting bearish trend line formed with resistance at $330 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair has to move past $330 and $340 resistances to recover further in the near term. Ethereum price tumbled ...

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Bitcoin Price Weekly Analysis: BTC/USD Remains Sell on Rallies

Key Points Bitcoin price declined below $7,260 and moved into a bearish zone against the US Dollar. There is a major bearish trend line formed with resistance at $7,320 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair must clear the $7,260 and $7,320 resistances to move back in a positive zone. Bitcoin price tuned ...

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