Both Litecoin and Vechain registered strong bullish momentum on the price charts. Litecoin rose past its previous local high at $124 and the bulls targeted the $145-mark. VET broke to the downside of an ascending triangle pattern, but it recovered backed by good trading volume and it could test the $0.0178-resistance level once more. Finally,...Read More
Bitcoin’s rising market dominance meant potential trouble for the altcoin market against USDT, even as the alts bled out against BTC. Tezos slipped under a crucial level of support and it could post further losses in the coming days. Ontology registered a bearish divergence and it could be set to visit $0.42-lows. Enjin approached the...Read More
Since the United States’ Securities and Exchange Commission filed a lawsuit against Ripple alleging illegal securities offerings, the questions of who and when have been hanging over many in the crypto-community. After all, for an industry that has tried hard to leave the dark history of the Silk Road behind it, the need to desert...Read More
The US Senate has approved a new stimulus package worth nearly $900 billion, including $300 billion for small businesses and direct payments of up to $600 for American adults. With the total economic relief amount surpassing $3 trillion since the start of the COVID-19 pandemic, the question remains if these developments are inadvertent promotion for...Read More
Bitcoin rose above $27,000 on the 27th of December and it was trading at $27,597, at press time. Tron registered some gains over the past couple of days, but its recent losses reinforced bearish pressure on the market. Algorand met consistent selling volume and could be heading back downwards, while Zcash could be poised to...Read More
On the price front, the crypto-market, backed by an exponential hike in Bitcoin’s price, is outperforming its projections this week. On the regulatory front, however, the industry has found a lot to contend with. With the industry gaining more maturity as the months roll by and institutions finally recognizing, accepting, and adopting the market, regulators,...Read More
Monero rose to touch its two-year high and was strongly bullish on the charts. Ethereum Classic approached the $6-level with strength, but it could be set to see some sideways trading within the $6-$6.15 pocket of liquidity. Dogecoin also recovered strongly from the latest drop and was likely to see further upside. Monero [XMR] Source:...Read More
At the time of writing, Bitcoin had surged past $27,000 and it was on its way to breach yet another price level – $28,000. On the back of Bitcoin’s exponential movement, its fork, Bitcoin Cash, rose on the charts too. Bitcoin Cash flipped the $326-level from resistance to support. Further down the charts, DigiByte went...Read More
It would seem that Bitcoin is intent on spreading the Christmas cheer for as many days as possible. Bitcoin, the world’s largest cryptocurrency, is on a roll. Days after it breached the much-anticipated $25,000-mark and hours after BTC surged past $26,000 on the price charts, the cryptocurrency has now shot past $27,000 on the back...Read More