Bitcoin Bounces, But Does Not Break The $31,430 Mark

Cryptocurrency analysts of Coinidol.com report, Bitcoin (BTC) is currently trading above the psychological price barrier of $30,000. Bitcoin price long term forecast: bullish Buyers have held the price above the current $30,000 support level since June 23. According to the price indications, BTC will continue to rise to the previous highs before reversing at the recent peak. A retraced candlestick […]

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Bitcoin Bulls Stampede: Bitfinex Report Points To Early Signs Of Bull Market

Bitfinex, one of the world’s leading cryptocurrency exchanges, has released a report indicating that Bitcoin (BTC) has been sold in profit since its initial break above $30,000, suggesting early signs of a bull market.  The report highlights two key on-chain metrics, the Spent Output Profit Ratio (SOPR) and Net Unrealised Profit and Loss (NUPL), which suggest that Bitcoin has entered […]

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Weekly Cryptocurrency Market Analysis: Altcoins Decline And Surpassed Previous Lows

Coinidol.com analyzing cryptocurrency market. The 5 worst performers last week: Conflux, Stacks, Algorand, Graph and BitDAO coins. The collapse of cryptocurrencies was caused by the deteriorating trend. Altcoins are trapped between the moving average lines as they try to overcome them. The cryptocurrencies occasionally fall as the moving average lines continue to reject them. Coinidol.com analysts briefly discuss a few […]

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MKR Outperforms Top Coins With 9% Increase, Can It Test $1100?

The past few days have favored altcoins with incredible gains. Among the soaring coins is MakerDAO’s governance token Maker (MKR). MKR witnessed impressive price performance in the last seven days, outpacing top cryptocurrencies with over a 48% price increase on the weekly top gainers’ chart. CoinMarketCap data shows that Maker (MKR) price recorded a significant gain of 46.78% among top […]

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Coinbase Stock Soars Nearly 12% As BlackRock Reveals Surveillance Partnership

Coinbase, a prominent United States cryptocurrency exchange, has recently witnessed an upswing in its COIN share prices. This surge comes on the heels of the world’s largest asset manager, BlackRock, choosing Coinbase as a surveillance partner for its re-filed Bitcoin ETF application. In the limelight of this crypto-mainstream finance crossover, Coinbase’s shares have soared by a nearly 12% over the […]

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Venture capital's ICO gambits left Bitcoin ecosystem underfunded – Adam Back

Initial coin offerings (ICOs) may have hampered the development of the Bitcoin ecosystem, with market research reflecting a massive slant towards non-Bitcoin investments by venture capitalists over the past five years. Blockstream CEO Adam Back highlighted the juxtaposition between the lack of venture investment in Bitcoin in comparison to its dominance of the total cryptocurrency market capitalization in conversation with […]

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US crypto regulatory uncertainty could be Hong Kong’s gain — Yat Siu

Industry experts believe Hong Kong’s shifting attitude toward blockchain technology, cryptocurrencies and Web3 could entice businesses away from the United States. The city has made a series of moves over the past year to foster the development of the Web3 space and enable retail investment into cryptocurrencies. The latest example of this is the formation of its Task Force on […]

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