Saturday, January 19Your Daily Bitcoin & Altcoin News Portal

Author: Wealthy Miner

CoinDesk’s Crypto-Economic Data Is Now Accessible on GitHub

CoinDesk’s Crypto-Economic Data Is Now Accessible on GitHub

BITCOIN, CURRENT EVENTS, EDUCATION, FINANCE
Please share if you find this article interesting. CoinDesk’s Crypto-Economic Data Is Now Accessible on GitHub Nolan Bauerle is research director at CoinDesk. For more data and insights, visit the CoinDesk Crypto-Economics Explorer.  Starting today, CoinDesk will use GitHub to help crowdsource potential methodology changes and data sources for our Crypto-Economics Explorer (CEX), our comprehensive data tool designed to measure and compare crypto assets.  After we launched the beta version of our tool in November, the clearest critical comment we heard was related to our methodology for calculating developer interest in a blockchain. More precisely, we heard feedback on the decision to only count activity on one GitHub code repository toward each blockchain’s “developer score.”  T
Why ‘Mainstream Adoption’ Is an Unfair Success Metric for Dapps

Why ‘Mainstream Adoption’ Is an Unfair Success Metric for Dapps

BITCOIN, CURRENT EVENTS, EDUCATION, FINANCE
Please share if you find this article interesting. Why ‘Mainstream Adoption’ Is an Unfair Success Metric for Dapps Coleman Maher is the head of partnerships at Origin Protocol, a blockchain platform for peer-to-peer marketplaces. You can follow him on Twitter @colemansmaher. The following is an exclusive contribution to CoinDesk’s 2018 Year in Review. Two popular refrains by crypto commentators in 2018 were “the herd is coming” and a call for “mainstream adoption.” Prognosticators openly speculated on the impact institutional investors would have on the value of the crypto assets in their portfolios. Although we did see bitcoin futures launch, exploding venture capital activity and Yale’s endowment dipping its toes in crypto investing, prices have gone down, not up. We are still
Bitcoin Price Analysis: BTC Volumes Shrink 22% From Jan 10

Bitcoin Price Analysis: BTC Volumes Shrink 22% From Jan 10

PRICE ANALYSIS
Please share if you find this article interesting. Bitcoin Price Analysis: BTC Volumes Shrink 22% From Jan 10 Bitcoin Price in a $300 range modeShapeShift bombarded with US DoJ subpoenas in Q4 2018Transaction volumes dip, moving averages slide from 18k to 14k in four daysParticipation levels are low, and with drying transactional volumes, BTC prices are ranging. However, with a flurry of subpoenas, exchanges are wary. All in all, we retain a bullish outlook expecting breakouts above $3,800 as Bitcoin rally to $5,000.Bitcoin Price AnalysisFundamentalsThe US is the world’s largest economy, and as one of the major players in crypto, their regulatory stand can influence asset performance. We can draw examples from their sanctions on Russia and Iran. Their economies suffered as a resu
Ripple Price Analysis: XRP Consolidates For the Eighth Straight Day

Ripple Price Analysis: XRP Consolidates For the Eighth Straight Day

PRICE ANALYSIS
Please share if you find this article interesting. Ripple Price Analysis: XRP Consolidates For the Eighth Straight Day Ripple prices in a 2 cents trade range below 34 centsMercury FX demonstrates the power of XRPPrices ranging as daily average trading volumes drop t0 23 million—streams from BitFinexAlthough the path of least resistance ought to be northwards, sellers are currently pinning down bulls. Nonetheless, our XRP/USD trade plan is upbeat, and with Mercury FX moving huge sums from the UK to Mexico using XRP, it seems like we are on the early stages of widespread adoption.Ripple Price AnalysisFundamentalsToday marks the seventh day of an energy-sapping consolidation that began after Jan 10 sharp falls. All the same, with last year value erosion, investors, as well as the tr
Bitcoin Price Consolidation May Have Weakened Bear Case

Bitcoin Price Consolidation May Have Weakened Bear Case

BITCOIN, CURRENT EVENTS, EDUCATION, FINANCE
Please share if you find this article interesting. Bitcoin Price Consolidation May Have Weakened Bear Case Bitcoin’s eight-day stretch of consolidation looks to have weakened the prospects of a drop back to December lows near $3,100. The leading cryptocurrency by market value has been restricted to a narrow range of $3,500 to $3,700 since Jan. 11. That range play is somewhat surprising, as BTC had set the stage for a quick slide toward December lows near $3,100 with a 9 percent drop on Jan. 10 – the biggest single-day decline since Nov. 24. Notably, prices fell to $3,500 that day, erasing the hard-fought gains of the preceding two weeks. Despite the sharp bearish reversal, a convincing break below the psychological support of $3,500 has remained elusive for eight days. That could
Bitcoin Price Watch: BTC Signaling Decent Comeback Above $3,700

Bitcoin Price Watch: BTC Signaling Decent Comeback Above $3,700

PRICE ANALYSIS
Please share if you find this article interesting. Bitcoin Price Watch: BTC Signaling Decent Comeback Above $3,700 Bitcoin price declined again and tested the $3,550 support area before recovering against the US Dollar.There was a break above a major bearish trend line with resistance at $3,585 on the hourly chart of the BTC/USD pair (data feed from Kraken).The price is currently showing positive signs above the $3,600 support level, with a bullish angle.Bitcoin price broke a key resistance near $3,600 recently against the US Dollar. The current price action is positive, signaling an upside extension above $3,700 in the near term.Bitcoin Price AnalysisThere was yet another rejection near the $3,660 resistance in bitcoin price against the US Dollar. The BTC/USD pair dipped below $...
Crypto Market Update: EOS, Bitcoin Cash, Tron (TRX), IOTA Price Analysis

Crypto Market Update: EOS, Bitcoin Cash, Tron (TRX), IOTA Price Analysis

PRICE ANALYSIS
Please share if you find this article interesting. Crypto Market Update: EOS, Bitcoin Cash, Tron (TRX), IOTA Price Analysis The total crypto market cap broke a major resistance near the $117.00B level.EOS price broke the $2.50 resistance and it may rise towards the $2.62 level.Bitcoin cash price jumped above the $130 level and it might head towards the $135 resistance.Tron (TRX) price is up more than 3% and it seems like it could test $0.0262.IOTA gained more than 6% and it is likely approaching the $0.3250 resistance level.The crypto market is slowing recovery, with positive signs for bitcoin (BTC) and Ethereum. Similarly, BCH, ripple, and altcoins like IOTA, TRX and ADA may climb higher.Bitcoin Cash Price AnalysisBitcoin cash price found a decent support near the $125 level and...
Ripple Price Analysis: XRP Likely Preparing For The Next Ride

Ripple Price Analysis: XRP Likely Preparing For The Next Ride

PRICE ANALYSIS
Please share if you find this article interesting. Ripple Price Analysis: XRP Likely Preparing For The Next Ride Ripple price is trading in a tight range above the $0.3240 and $0.3200 support levels against the US dollar.There is a major contracting triangle formed with resistance at $0.3290 on the hourly chart of the XRP/USD pair (data source from Kraken).The pair is likely to make the next move either above $0.3300 or below $0.3200 in the near term.Ripple price is preparing for the next major move against the US Dollar and Bitcoin. XRP/USD could surge above $0.3300 as long as it is above the $0.3160 support area.Ripple Price AnalysisDuring the past few hours, there were mainly range moves above the $0.3160 pivot in ripple price against the US Dollar. The XRP/USD pair traded a f...
Ethereum Price Analysis: ETH Could Rally If $116 Support Holds

Ethereum Price Analysis: ETH Could Rally If $116 Support Holds

PRICE ANALYSIS
Please share if you find this article interesting. Ethereum Price Analysis: ETH Could Rally If $116 Support Holds ETH price is currently consolidating above the $116 and $117 support levels against the US Dollar.Yesterday’s highlighted key bearish trend line is active with resistance at $126 on the hourly chart of ETH/USD (data feed via Kraken).The pair may gain bullish momentum sooner or later as long as it is above the $116 support.Ethereum price is trading in ranges against the US Dollar and bitcoin. ETH/USD might start a solid upward move if it continues to hold the $116 support area in the near term.Ethereum Price AnalysisRecently, ETH price climbed above the $125 resistance made an attempt to break $128 against the US Dollar. However, the ETH/USD pair failed to gain strengt
Bitcoin Price Analysis: BTC Cap Up $700 million From $3,700 Support

Bitcoin Price Analysis: BTC Cap Up $700 million From $3,700 Support

PRICE ANALYSIS
Please share if you find this article interesting. Bitcoin Price Analysis: BTC Cap Up $700 million From $3,700 Support Bitcoin price ranging, up $700 million in the last 10 HoursFederal Reserve Bank of St Louis research confirms there is BTC demandTransactional volumes low. Drops from 18k to 15k in three daysMarket participants are optimistic and for good reasons. Candlestick arrangement points at bulls, and as prices swing between Jan 14 high low, our immediate triggers will be at $3,800. All the same ideal targets are at $4,500 and $6,000 on the upside.Bitcoin Price AnalysisFundamentalsAside from supervising and regulating financial institutions in the US, the Fed’s core responsibility is to bring about stability in the financial sector. It is because of this stability that eco