Markets

Bitcoin Struggles to Pass Price Hurdle But Bull Outlook Intact

Bitcoin’s repeated failure to beat resistance at $3,900 is a slight cause of concern for the bulls.

Gaming crypto Enjincoin (ENJ) is up 78 percent after news reports earlier today that confirmed a partnership with Samsung Electronics.

Bitcoin still needs to beat several key resistance levels to confirm a longer-term bull reversal.

The price trend of Binance Coin is significantly deviating from that of bitcoin and other well known cryptos as it continues to see rapid gains.

With bitcoin’s quick reversal of the losses seen on Monday, the technical charts are again pointing to a rally to $4,000.

Swiss stock exchange SIX Group has listed an ethereum-based exchange-traded product (ETP) backed by Amun.

TrustToken has announced a new partnership that it says will allow a “real-time” view of the U.S. dollars backing its TrueUSD token.

Bitcoin has returned above crucial support at $3,700 and could bounce higher if it can defend that level going forward.

Bitcoin’s MACD histogram is registering its highest value since January of 2018, which suggests bitcoin’s price may have already bottomed out.

TradingView, the U.S.-based provider of financial markets data charts and analysis, has added Huobi’s HB10 cryptocurrency index to its platform.