Monero was in a downtrend that could see the crypto-asset lose a level of support to the bears. Polkadot was trading within a relatively tight range over the past few days and could continue to do so over the next few trading sessions. VeChain had a bullish outlook in the near-term as it flipped a...Read More
Bitcoin is currently resting along the support of what appears to be an early ascending triangle. Although this pattern is typically a bullish continuation formation, there are 3 concerning factors that suggest BTC prices are about to tumble. (1) There’s substantial divergence on the 4-hour RSI that indicates the current trend is particularly weak (yellow...Read More
Bitcoin spent a large part of the past few days trading in the vicinity of $15,400. It was valued at $15,361 at press time and its sideways movement appeared to benefit some altcoins. Source: CoinStats Binance Coin appeared poised for a breakout, while IOTA’s bullish momentum faded. BAT showed a divergence that could take it...Read More
Alongside the rest of the altcoins, Cardano was a little late to the bullish rally and it did not last as long as expected. While the asset has maintained a position above $0.10 at press time, chances of a pullback below the price range is a possibility. However, the larger trend remains bullish for ADA,...Read More
Bitcoin, Ethereum, and the entire crypto market seem to have stabilized for now. Bitcoin’s price has found a footing and everything is fine. As for the projects and the companies built in this ecosystem, it is a whole other thing; to be precise, there seems to be a dichotomy. Crypto’s Dichotomy As of this writing,...Read More
Cory Bernardi, an Australian politician, recently said that he became a bitcoin faithful in the last few years and he believes BTC demand is getting stronger. Bitcoin continues to find its way to the heart of mainstream politics across the world as former Australian Senator Cory Bernardi reveals today in a tweet that he has...Read More
Chainlink and Cosmos had a bullish bias as the altcoin market in general looked healthier than they had been a few days ago, with DeFi coins performing exceptionally well. Aave could see a pullback after nearly doubling in value in the past few days, and it remained to be seen if bulls can drag AAVE...Read More
Asset managers are riddled with low-yield fixed-income allocations, however, they are constituents of most portfolios. The role of fixed-income allocations is to deliver consistent returns, though the overall impact on the portfolio’s ROI is low. To improve this ROI, some fund managers turned to Bitcoin for exposing their funds to a higher risk-adjusted return. Traditionally...Read More
The short-term chart of XRP was unique at the moment as the collective asset class itself. The crypto ecospace is used as an invalidation of market patterns in the past, but the recent spike is a clear example of external factors moving the market at an instant, and away from a legitimate opposite trend. XRP...Read More
[PRESS RELEASE – Please Read Disclaimer Below] Dr. Richard Satur, CEO of VIC Rewards, and Gyanendra Khadka, CEO of XcelTrip, are partnering to raise stakes initially from ASEAN, Indian and Korean Wellness and Vitality digital space; before they take on the global Medical-Tourism marketplace. XcelTrip with over 2.4 million hotels and 450+ flights worldwide, is already...Read More
ETH/USD – Ethereum Struggles To Break Above $456 Resistance Key Support Levels: $438, $430, $421.Key Resistance Levels: $456, $462.50, $475 Last Friday, Ethereum surged to $456 where it met the resistance at the upper boundary of a rising price channel. It failed to close a daily candle above this level as it moved sideways between...Read More
It has been 4 days since bitcoin came close to taking out the $16,000 level. While it seems like the price is done and it won’t push any further, it isn’t and a metric that considers the mean exchange inflow has lit up the “buy” signal. Source: CryptoQuant Crypto Quant’s CEO Ki Young Ju tweeted,...Read More
European soccer giant Bayern Munich enters the world of now-trendy virtual football. The German sports club is to follow other famous soccer teams in Sorare – an Ethereum-based fantasy soccer digital platform. In The Virtual Company Of Over 100 Other Soccer Clubs FC Bayern Munich is among the most prominent German sports teams in the...Read More
Crypto Fear and Greed Index stood at 90, the same value as the previous day. Bitcoin Cash and Stellar Lumens saw heightened volatility in the past few days but were able to register good gains in the same time period. Dogecoin also made gains in recent days but its bullish momentum could be weakening. Bitcoin...Read More
The decentralized platform aimed at lowering risks, costs, and access to DeFi dubbed Union has raised nearly $4 million from several well-known industry giants. The project plans to utilize the funds to develop and launch a set of tools that will further reduce the DeFi risk levels. UNION Raises $3.9M In a press release shared...Read More
India has noted an uptick in crypto users over the past year. This surge in the crypto users can mainly be attributed to the Supre Court’s decision to quash the Central Bank’s circular that called for a banking ban for crypto transactions in 2018. This judgment has temporarily also impacted user-perspective regarding crypto in the...Read More
With recent announcements of the COVID-19 vaccine, new momentum was unleashed for Bitcoin on spot exchanges. Gold took a hit, and the increasing BTC-Gold correlation spread was a relief for most retail and institutional traders. New demand for BTC was generated, as the news spread and to meet this demand, miners flow to exchanges has...Read More
Disclaimer: The findings of the following article attempt to analyze the emerging patterns in the Litecoin short-term market and its impact on the price. The Bitcoin market has been eclipsing the gains and losses in the altcoin market. Litecoin has been moving on the tunes of Bitcoin and with the recent fall on Saturday, the LTC...Read More
A popular Bitcoin analyst and trader pointed out that Bitcoin has historically headed towards massive price surges once it closed higher than the previous monthly high. As a result, BTC could face up to a 1,000% price pump soon if it closes November at or above its current price. BTC To Pump By 1,000% Soon?...Read More
Trade volume on spot exchanges fell by 25%, while ETH Futures trade volume spiked. This implied that traders feared a correction. On the charts, Ethereum formed a symmetrical triangle that could see a breakout in the coming days. Tezos was in an uptrend but had not yet assailed an important level of resistance. Dash showed...Read More
Bitcoin shares a strong correlation with most cryptocurrency assets. However, this correlation has not yet helped the third-largest digital currency XRP. The digital asset despite much volatility in the extended crypto market has been moving within a strict range and has managed to return 22.23% year-to-date. While the investors wonder when the price of XRP...Read More
[PRESS RELEASE – Please See Disclaimer] Decentralized Finance, or DeFi, has taken the crypto world by storm in 2020. DeFi applications that reward users, such as Yearn Finance, have been favorites among new investors and activities like yield farming have proven to bring healthy profits. With new DeFi opportunities popping up every month, taking advantage...Read More
A former Microsoft software engineer found guilty earlier this year has been sentenced to nine years in prison for stealing more than $10 million in Bitcoin. The 26-year old Ukrainian used accounts and passwords of other employees and the services of various Bitcoin mixers. Nine Years In Prison For Stealing $10M In BTC As reported...Read More
Bitcoin went on a wild ride yesterday when news of a COVID-19 vaccine broke out, but has calmed since then and currently trades at around $15,300. The leading alternative coins have also cooled down as Ethereum sits around $450 and Ripple at $0.25. Bitcoin Calms After Increased Volatility The primary cryptocurrency demonstrated high fluctuations in...Read More
Plan B is sticking to his S2F model based prediction of $100k-$288k before December 2021. Despite several updates and announcements on the regulatory and institutional front, he stands by the $100k. Though there are several Bitcoin Maximalists on Crypto Twitter calling for Bitcoin $100k by end of 2020, PlanB stands out with his prediction because...Read More
With just over 50,000 ETH staked in six days since the launch of the official deposit contract, the uptake has been relatively slow, limited to the hardcore Ethereum aficionados, including Vitalik himself who dropped 3200 ETH, and a handful of whales. The amount staked so far represents 9.6% of the total, so there is still...Read More
