Fresh Price Analysis ðŸ”¥

Crypto Market

  • BTC/USD is on its downtrend now. If the BTC/USD pair holds above the Feb. 6 lows during the next leg down, the traders will have an opportunity to enter long positions.
  • For the ETH/USD pair, we expect the current leg of the pullback to face resistance at the 20-day EMA. If it stays above the Feb. 6 lows, it will point to a possible short-term bottom, which can be purchased.
  • We expect BCH/USD pair to form a bullish setup in the next few days. The first target objective is a move to $2,072 levels.

Read more details about XRP, XLM, LTC, ADA, NEO, and EOS in our Price Analysis.
 

Is Darknet Done with Bitcoin?

A new study by Recorded Future has found that Bitcoin is losing its position as the number one currency on the Darknet markets.

  • In December 2017 transaction fees reached $52.18, while the average transaction size on the Darknet was $50-$300.
  • In spite of this, transactions times could take several days.
  • Vendors began accepting alternative payment options: Litecoin and Dash.


More

Why you should go to Puerto Rico if you are a crypto millionaire: our expert's take.
The Arizona Senate passed a bill to allow residents in the state to pay their taxes with cryptocurrencies.


Picture of the Day

Several engineers at the Russian Federal Nuclear Center tried to use its supercomputer, which has a capacity of one petaflop that's 1,000 tln calculations per second and utilize its power for mining.


 


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