Bitcoin Cash Price Technical Analysis – BCH/USD Settles Below $1400

Key Points Bitcoin cash price is under pressure and it recently traded below the $1240 support against the US Dollar. There are two bearish trend lines forming with resistance near $1350 and $1480 on the hourly chart of BCH/USD (data feed from Kraken). The price is currently struggling to recover above the $1350 level and … Continue reading Bitcoin Cash Price Technical Analysis – BCH/USD Settles Below $1400

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Ethereum Remains Above Key Support After Breaking $500

Along with Bitcoin, Ethereum had a crazy day this week. Although Ethereum had a more predictable correction right to the previous resistance level of 395. We were expecting the pullback because Ethereum tends to have a pullback every time it reaches new highs. ETH/USD Technical Analysis ETH/USD reached a new high of $480 last week. … Continue reading Ethereum Remains Above Key Support After Breaking $500

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Post Mortem: Gemini Exchange Downtime on November 29, 2017

As many are aware, Bitcoin attained new peaks of value on November 28th and into November 29th. On the morning of November 29th, our Web interface experienced an unprecedented increase in traffic which impacted the performance and availability of our Web interface and to a lesser extent our API servers. At no time was this increase in traffic an attack on any of our systems and our customers’ funds remain secure. This was solely a result of an unprecedented surge of requests on our platform. Throughout the events that lasted from 10:11AM EST through 07:11PM EST, we made repeated attempts […]