Stable week for Bitcoin, with -0.70% trading at €6,530 ($7,230) on December 11. While major altcoins such as Ethereum are also stable, other ones with poor liquidity have experienced significant losses this week. The market is still waiting for the next clear...
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This price action could mark the end of the correction on Bitcoin
Mixed feelings this week on the cryptocurrency market with Bitcoin stable at +4.7%, at €6,800 ($7,550). Following a bounce, the market has been on a downtrend again since November 30. The €6,000 ($6,500) level remains the most recent low to watch. Ideally, the price...
Two scenarios for a bullish reversal on Bitcoin
Panic selling on the cryptocurrency market this week. Bitcoin is losing 10.3% over the last seven days, trading around €6,300 ($7,000) on November 27. The price even approached €6,000 ($6,500) on November 25, with a very negative sentiment about the market, especially...
Bitcoin drops to $8,000 but remains long-term bullish
Bearish week for the cryptocurrency market. Bitcoin lost 8.4% over the last seven days, falling back to the €7,250 ($8,000) level on November 20. This decline in Bitcoin has also stopped most of the increases observed last week on altcoins. However, since the...
Is Bitcoin about to trap the buyers?
Mixed feelings on the cryptocurrency market this week. Bitcoin is quite disappointing with -5.7% over a week, falling back to the €8,000 ($8,800) level on November 13. While the market psychology is less bullish on Bitcoin, some altcoins realise strong gains. Over the...
Are institutionals investing in Bitcoin right now?
Sideways action this week on Bitcoin, up by 2.07% and trading around €8,450 ($9,400$) on November 6. Consolidation continues but a medium-term bullish recovery is not yet confirmed. It is rather the altcoins that are performing this week, like Cosmos (ATOM) which...
Bitcoin rallies 40% in 24 hours, are we at the turn of a new bull market?
The cryptocurrency market will never end to surprise. Bitcoin was up 40% in 24 hours on October 26, going temporarily above $10,000. It is now trading around €8,300 ($9,200) on October 30. Such an increase in such a short period of time had not been observed since…...
Bitcoin drops to $7,500, a buying opportunity?
Despite a bounce that occured last Sunday, Bitcoin suddenly dropped today to $7,500. Over the last seven days, its price is down by 9%, at €6,830 ($7,550) on October 23. Attention is turning to the futures contracts of the CME Group, a product widely used by...
Bitcoin needs to quickly retest $9100
Bitcoin is loosing ground again this week, down by 7%, at €7250 ($8000) on October 16th. Technical analysis remains bearish since the strong drop which occured on September 24. Only a few altcoins, such as XRP and BNB, react better by remaining globally stable over...
Bitcoin, buy now or wait for more clarity on the market?
Bitcoin is quite stable this week, down slightly by 2% over a week, trading at €7450 ($8200) on October 9. In the same time, some Altcoins are beginning to show signs of recovery. XRP gains 10% over the week, TRON 19% and Chainlink increases by an impressive 36% (see...
Uncertainty in the crypto market, is it a good time to buy Bitcoin?
Uncertainty remains strong in the cryptocurrency market this week, with Bitcoin once again down 3% over the last seven days, trading at around €7600 ($8,300) on October 2. Altcoins remain correlated and no assets currently stand out in the market. Among the large...
Altcoins awakening, will Bitcoin enter a new bull market?
Trend shift this week in the cryptocurrency market: the main altcoins are back into bull territory. Ethereum gains 20%, XRP 13%, and other top 50 cryptoassets also gain more than 10% over the last week. At the same time, Bitcoin is stable at +1.50%. It remains in its...
Official statement following the phishing attempt of 09/12/2019 on Coinhouse
Following a fraudulent connection in the tool we use for mailing, Coinhouse was subject to a phishing attempt. This tool being external to our overall system, our platform was not attacked and all funds are in total security. The attack took place yesterday,...
Glimpses from the London DeFi Summit
On september 10th and 11th 2019 took place the very first DeFi Summit at Imperial College London. A conference about decentralised finance with 300+ attendees illustrates how much crypto has matured during the bear market. This time around, there weren’t only dApp...
Will history repeat itself on cryptocurrencies?
The consolidation that began at the end of June continues on Bitcoin, which is up by about 5% in one week, trading around €9,100 ($10,000) on September 11. Volatility and volumes are at their lowest level in months. If the €8,200 ($9,100) support holds until the end...
Bitcoin: all about $11000
Bitcoin price is up by about 10% since September 2 and is trading between $10,500 and $10,800 (€9500 and €9800) this Wednesday, September 4. Two things to keep in mind: the support just above $9,000 (€8,200) still holds, but we are still in consolidation mode since...
Bitcoin, price compression before a huge pump?
The Bitcoin price remained relatively flat in August 2019. This week shows low volatility with Bitcoin losing 0.53%, trading around $10,150 (€9,150) on August 28. The market has entered a compression cycle that will lead to a strong movement in the price of...
Coinhouse News – August 13 to 21, 2019
Binance, The largest marketplace for crypto assets wants to compete with Libra with the "Venus" project. Venus aims to produce stablecoins pegged to fiduciary currencies such as the EUR or USD. It will be hosted on the BinanceChain blockchain (BNB). It seems...
Is Bitcoin becoming a safe haven following recent monetary policies?
220%. This is the current annual return on investment on Bitcoin for the month of August 2019. The performance of other investment products is pale compared to such a return, while Bitcoin is emerging from a difficult 2018. Could this new type of asset not be...
Bitcoin needs to break above $12,500 to confirm a new uptrend
Week of bullish recovery on Bitcoin, up to 28% in a few days on August 6. Bitcoin is trading at $12,000 (€10,700) on August 7. The important zone to watch is the one between $11,900 and $12,500. As long as the price of Bitcoin does not break up this level, we could...
Big move coming soon for cryptos
Little action this week on the cryptocurrency market. Bitcoin is stable with +0.64% over the last seven days, trading around $9,700 (€8,700) on July 31. Despite the resistance at $11,000 hit on July 20, which has triggered a downtrend, Coinhouse remains bullish as...