Crypto Inflation Figures Show Why Bitcoin is King Above Others Like ZEC and XRP

The high inflation figures for altcoins like ZCash (ZEC) and XRP are providing yet another basis for the “bitcoin is king” argument. Indiscriminate Dumping Hurting Altcoin Value Tweeting on Friday (September 13, 2019), economic and crypto analyst, Alex Krüger highlighted the relationship between high inflation figures and poor price performance for certain altcoins. Crypto inflation …

Bitcoin Inches Lower, but $10,800 Target Remains

Bitcoin and the aggregated crypto markets have been facing a period of consolidation after posting a decent sized rally earlier this week. Although this rally has stalled in recent times, it is important to note that BTC’s main level of resistance still exists at $10,800. One analyst, however, believes that an inability to validate a …

Premier League’s Watford F.C. Adds Bitcoin Logo to Uniforms

A U.K. Premier League football club (sorry, U.S. readers — the original football) will now be sporting the Bitcoin logo out on the pitch. Watford F.C., a professional football team from Watford, Hertfordshire, announced today, September 12, 2019, that it has added the Bitcoin logo to the left sleeves of its players’ uniforms. According to …

Bitcoin Price Analysis: Falling Wedge Spotted At $10,000

Bitcoin price levels quickly bounced off the triangle support at $9,400 back up to just below $11,000 at the beginning of September. Since then BTC has formed a falling wedge and looks poised for another move up. Bitcoin Price 1-Hour Analysis On the 1 hour chart for XBT/USD, we can see the falling wedge that …

Leading Crypto Altcoin May Drop 40% If Support Fails

Although Bitcoin has had a stellar year thus far, 2019 has not been a strong year for the altcoin market. Only two out of the thousands of altcoins on the crypto market were able to outperform Bitcoin over the first half of the year. However, one of those top performers is in trouble of retracing …