Key Points Bitcoin price fell sharply and declined below a major support area at $7,000 against the US Dollar. There is a major bearish trend line formed with resistance at $6,950 on the hourly chart of the BTC/USD pair (data feed from Kraken). The...

Bitcoin's drop below $7,000 signals a resumption of the sell-off from the record highs in December, according to technical studies.

Speculation is an integral part of the cryptocurrency industry. This becomes even more apparent when there is a lot of bearish pressure on the market.One has to wonder why these sell-offs keep happening so regularly. The ICO industry may have a role...

Bitcoin's drop below $7,000 signals a resumption of the sell-off from the record highs in December, according to technical studies.

The Bitcoin price has taken another massive dip over the weekend. Pinpointing the exact reason for that development is not all that easy. Some people blame the hack of CoinRail to be the culprit. However, the exchange is a small platform with a less-...

Bitcoin price plunge over the weekend is generally being linked to another cryptocurrency exchange hack in South Korea. This time it was a smaller exchange called Coinrail that was breached by blackhats who made off with over $40 million in altcoins...

Cardano Price Key Highlights Cardano continues to trend lower below a descending trend line on the 1-hour chart. Long-term support appears to be drawing bullish pressure and a bounce could be due. In that case, Cardano could still encounter nearby r...

Bitcoin Price Key Highlights Bitcoin is still inside its descending triangle visible on the daily chart. Price is testing support and is approaching the peak of the formation to signal an imminent breakout. Technical indicators appear to be favoring...

It's debatable whether investing in a range of coins limits downside as Markowitz's MPT framework would suggest, but it might help capture upside.

The price of bitcoin is now trading at its lowest total since April, hours after dropping roughly $500 according to the CoinDesk Bitcoin Price Index.