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Op-ed: Cryptocurrency Is Emerging as a Mainstream Asset Class

As is often the case with disruptive tech, the early stages are filled with criticism and disdain. Entrenched industry players hold firm to old ways (remember Kodak and the digital camera revolution?). That has been a huge part of cryptocurrency’s history and still is, though to a much lesser degree. Cryptocurrency has shaken up traditional […]

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Bitcoin: Price Analysis, June 08

BTC/USD The 20-day EMA is proving to be a major hurdle for Bitcoin. Today, the price has turned down once again. Both the moving averages and the RSI are falling, which is a negative sign. If the immediate support at the small trendline breaks, the digital currency can fall to $7,433, $7,317 and $7,100. CONTINUE READING.

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Bitcoin Price Breakout Days Away, Long-Term Trend Bullish: Analyst

Bitcoin’s price has bottomed and will break out over the next few days. That’s what Robert Sluymer, head of technical strategy at Fundstrat Global Advisors, predicts. Sluymer doubled-down on his earlier projection that positive momentum is building for the top cryptocurrency by market cap, and a price spike is just around the corner. As CCN previously reported, Sluymer said […]