Like Bitcoin, the past few weeks have seen Ethereum consolidate. The second-largest cryptocurrency has established a base of support around $220, trading within practically 10% of that level for all of the past ten days. But according to a trader, ETH may soon rally to fresh local highs above $290 — 20% above the current...Read More
Even before 2020 began, traders and specialists started predicting and forecasting what can happen to the crypto market this year. Below, we will be looking into 5 bullish crypto facts for 2020. The 2020 Halving This year, Bitcoin is scheduled to experience its third halving. Once every four years, the mining reward per block is...Read More
The competition in the field of Bitcoin margin trading exchanges continues to rise. Despite that, though, the 2014- established BitMEX exchange is recording an impressive year so far. It shows a healthy average daily volume and a notable Bitcoin wallet balance rise in the past few months. BitMEX Numbers In 2020 The popular monitoring resource,...Read More
XRP concludes the week with a minor 2.3% price increase, while Bitcoin increased 5% and Ethereum 7.7%. The cryptocurrency has failed to break above the current range as it faces resistance at $0.245 Against Bitcoin, XRP continues to trade sideways between 2710 SAT and 2640 SAT. Key Support & Resistance Levels XRP/USD: Support: $0.235, $0.227,...Read More
Last Thursday, Bitcoin broke out a triangle pattern, the second in the same week, as can be seen on the following 4-hour chart. The breakout initiated an immediate $400 price gain, surpassing the $9000 benchmark level. Over the past two days, after breaking above the $9K mark, we saw Bitcoin trading in a tight range...Read More
Almost half of today’s active traders made their first-ever cryptocurrency trade back in 2017, according to a recent poll by Binance. At the same time, the number of pre-2017 traders is less than 30%. When Crypto Traders Entered The Market The world’s leading cryptocurrency exchange by volume, Binance, recently initiated a compelling survey. The question...Read More