After the price of Bitcoin rose twenty-fold in 2017, the majority of crypto investors were expecting even bigger gains in 2018 as the digital currency was finally entering the mainstream. Alas, so far that is not the case as BTCUSD plunged by roughly 70% in just a month and a half. But instead of going…
Dash Traders Setting Their Sights on $550 a Coin
In less than four months, between December 20th 2017 and April 6th 2018, Dashcoin fell from an all-time high of $1550 to as low as $287, losing over 81% in market value. Fortunately, the month of April has been more generous, allowing the bulls to take a breather and lift Dash prices to $544 by…
Ripple Bulls Finally Ready to Conquer $1 Again?
The cryptocurrency crash of the first three months of 2018 did not spare anyone. Most virtual currencies lost between 60% and 80% of their market capitalization and Ripple, which was briefly the second largest after Bitcoin, plunged as well. Between January 4th and April 1st, XRPUSD fell from its all-time high of $3.3170 to as…
Bitcoin Crashes. Is the SEC to Blame?
This looks like another terrifying week Bitcoin investors will have to suffer through. The price of the biggest cryptocurrency has been in a tailspin in the last couple of days. After the bulls could not breach the resistance of $11 780 on Monday, a sharp selloff dragged BTCUSD to as low as $9 450 by…
Litecoin Bulls Searching for Fibonacci Support
Litecoin, the fifth largest cryptocurrency by market cap, reached its all-time high in mid-December, 2017, accompanied by most other virtual tokens, including the biggest one in the face of Bitcoin. The following crash, which erased almost 70% of Bitcoin’s market cap, wiped out over 71% of Litecoin’s capitalization after the price dropped from over $370…
Ahead of Facebook’s Crypto-Ban and Bitcoin’s Plunge
The hottest investment of 2017 has been the worst one in 2018 so far. Bitcoin, still the largest cryptocurrency by market cap out there, is down by over 50% from its $19 666 all-time high in December, after losing more than 30% in January alone. February starts in a similar fashion – with a 750-dollar…
Dash Crashed Right On Schedule. What’s Next?
This week’s crash in the price of Bitcoin dragged virtually all other cryptocurrencies down with it. The total capitalization of the entire crypto market was down by almost $400 billion at one point on January 17th. Dash, currently the eleventh largest virtual currency, was no exception, falling from a high of $1247 to as low…
Bitcoin Bloodbath Was Ten Days in the Making
So far, 2018 is definitely not what crypto investors were hoping for. The entire cryptocurrency market crashed yesterday as each coin lost between 15% and 40% of its market capitalization. Bitcoin, the biggest virtual currency out there, could not escape the bloodbath, as well. BTCUSD fell to an intraday low of $10 162 for a…
Ripple’s Rally Still Has Room to Run
Ripple, the only major cryptocurrency that is centralized, briefly became the second largest after Bitcoin, after its price rose from below 20 cents a coin on December 8th, 2017, to over $3.31 by January 4th, 2018. As of this writing, it has been surpassed by Ethereum again, but it still maintains a total market capitalization…
4 Tips to Invest Safely in Bitcoin, Ethereum and Ripple
Scams, hacking and cryptocurrency exchanges going bankrupt have plagued the cryptocurrency community and have spooked investors in 2017. The picture for 2018 probably won’t change too much. Many traders using our services at ewminteractive.com have been interested in trading bitcoin, ethereum, ripple and other altcoins so we decided to find out how they can protect…
Dash Intraday Pattern Points South
Similarly to most other cryptocurrencies, Dash had an amazing 2017, climbing to as high as $1569 in December. However, the second half of last month was not that good, after DSHUSD fell by nearly 49% to $801 per coin by December 22nd and still has not been able to fully recover. As the tenth largest…
Bitcoin is Not a Bubble, Because… Oh, Really?
Bitcoin is everywhere you look these days. From bank officials, to hedge fund managers, to IT specialists, people with different professions, level of education, interests and investing experience are talking about Bitcoin. And who can blame them – the virtual currency is conquering milestone after milestone, climbing from $8000 to over $11 000 in just…
ETHUSD’s Phenomenal Rally Cannot Last Forever
The market capitalization of Ethereum, the largest cryptocurrency after only Bitcoin, is currently in the vicinity of $46 billion with its price hovering around $470 per coin. Two months ago, though, things were not looking that good for the bulls. On September 14th, ETHUSD was closer to $270, wandering in no man’s land between the…
Dash’s Bullish Reversal Was Worth Waiting For
On October 5th, Dash was the sixth largest cryptocurrency with a market cap of roughly $2.3 billion. Over a month later, it is still sixth, but in such a short time has managed to add another billion dollars to its capitalization, which currently stands at $3.3 billion, after DSHUSD rose to nearly $500 per coin…
Not Your Ordinary Bitcoin Pullback…
The price of Bitcoin reached a new all-time high of $7888 two days ago, making the biggest cryptocurrency in the world even bigger by taking its market capitalization to roughly $130 billion. Today, Bitcoin’s market cap is reduced to $110 billion after its price plunged to $6490 as of this writing. Crypto traders are used…
