The past few days have seen Bitcoin’s price drop to close to $9000, and as expected, many of the market’s altcoins were quick to mirror the price action of the world’s largest cryptocurrency. In fact, since the early hours of 23 June, the prices of Bitcoin and popular altcoins such as Monero and Dogecoin have...Read More
Bitcoin SV registered a drop under $170 over the past 24 hours dropping down to $167 at the time of writing this article. The market appeared collectively bearish but after analysis, the relative change for Bitcoin SV appeared minimal as the asset seemed to maintain sideways movement over a long period of time. At press...Read More
At the time of writing, Bitcoin was once again stuck right above the $9,000-mark, with the world’s largest cryptocurrency still recuperating after its latest failed attempt to breach the psychological resistance of $10,000. Bitcoin’s price movement, as usual, had a profound effect on the movement of the market’s fellow alts, with Bitcoin Cash and Tron...Read More
Ethereum proponents are experiencing something similar to the days of the ICO bubble as Compound’s COMP token makes headlines. Additionally, the launch of ETH 2.0 has also increased interest in the la The post Ethereum short-term price analysis: 22 June appeared first on AMBCrypto. The post appeared first on AMBCryptoRead More
Cardano has been one of the few altcoins which have successfully recuperated from the gains wiped off by the Black Thursday crash. The tenth-largest cryptocurrency by market cap has been trading close The post Cardano long-term Price Analysis: 21st June appeared first on AMBCrypto. The post appeared first on AMBCryptoRead More
Although bullish on a longer time frame, bitcoin has shown bearishness on the lower time frame on multiple occasions. As it has been hovering in the $9,000 range for more than a month, the price looks The post Bitcoin short-term price analysis: June 14 appeared first on AMBCrypto. The post appeared first on AMBCryptoRead More
Despite a surge at the beginning of the year, Bitcoin Cash’s price action and trading volume have been struggling to gain momentum. It was currently being traded at $247. After weeks of consolidation The post Is Bitcoin Cash ready to break out above $300? appeared first on AMBCrypto. The post appeared first on AMBCryptoRead More
Over the past 24-hours, certain altcoins noted steady inclines, but a break away from the overall bearish trend seems unlikely. Cardano, Steem, and Algorand, collectively improved their valuation but The post Cardano, Steem, Algorand unable to sustain rally appeared first on AMBCrypto. The post appeared first on AMBCryptoRead More
XRP’s price, despite a minor upside break, has failed to breach any significant resistances. In 2019, XRP was one of the worst-performing assets among the top ten cryptocurrencies by market cap. This The post XRP in for another negative breakout as 200-moving average resists upswing appeared first on AMBCrypto. The post appeared first on AMBCryptoRead More
Bitcoin, the world’s largest cryptocurrency, seems to be gaining steam as the much-anticipated block reward halving approaches. While many did expect Bitcoin to surge to new heights by this time, the The post Bitcoin’s weekly surge leaves EOS, BAT behind in its wake appeared first on AMBCrypto. The post appeared first on AMBCryptoRead More
Bitcoin’s recent foray under $4000 created a bearish ripple effect that was felt across the digital market industry. The world’s largest cryptocurrency dipped under the aforementioned range for the The post Bitcoin’s MVRV ratio, SOPR’s slip may highlight strong hodlers’ presence appeared first on AMBCrypto. The post appeared first on AMBCryptoRead More
XRP In Danger? While XRP has already performed fairly poorly over the past 15 days, falling from a high above $0.30 to $0.23 as of the time of writing this, some have begun to fear the cryptocurrency’s prospects are worsening. BlockTV cryptocurrency analyst Joe Saz recently shared his thoughts on a recent airing of the network....Read More
Ethereum, like Bitcoin, is stuck with its price trying to decide which way to move. The brutal sell-off that began on February 24 ended with most altcoins dead in the water. ETH rose 126% since 2020, The post Ethereum at crossroads: 11% surge Vs. multiple bearish scenarios appeared first on AMBCrypto. The post appeared first...Read More
As the Bitcoin market has once again become frothy, the amount of retail interest in cryptocurrency has grown once again, with volumes increasing and Google Trends data suggesting this industry is in vogue. Unsurprisingly, mainstream media outlets have sprung to start covering Bitcoin developments once again, calling upon industry executives and investors to weigh in...Read More
Over the past few days, Bitcoin has fallen off a proverbial cliff. Contrary to the sentiment of many investors, the cryptocurrency fell through support levels as if they were nothing more than a knife going through hot bricks of butter. At the drop’s worst on Wednesday, BTC was trading at $8,520 on some exchanges. This...Read More
While Bitcoin remains up in 2019, outperforming effectively all other assets except for altcoins and Tesla, market participants have been scared by the recent reversal. In fact, one popular cryptocurrency trader, who called the bearish reversal quite well over the past few days, has warned that the macro BTC bottom might not have been established...Read More
Unfortunately for bulls, Bitcoin’s surge to $10,000 on the weekend did not last. Case in point: on Monday, the cryptocurrency started to tank for the umpteenth time, plunging as low as $9,490 on some exchanges as bears managed to take control of the market once again. While BTC remains up over 30% since the year...Read More
Over the past 36 hours, Bitcoin has finally started to show signs of strength after the brutal 10% sell-off earlier this week. From the week’s most traded price at $9,600, the cryptocurrency has pressed higher to $10,000 as of the time of writing this, seemingly to establish a short-term candle close above this crucial psychological...Read More
The prophecized golden cross is clearly taking its time to kickstart the rally. At press time, BTC was worth $9,670, slightly higher than last week’s close [$9598]. On the weekly time frame, Bitcoin’s The post Bitcoin’s potential rally depends on its pullback; $9,075 or $9,600? appeared first on AMBCrypto. The post appeared first on AMBCryptoRead More
XRP Could Plunge, Analyst Warns After Brutal Rejection Above $0.34 Last week, XRP saw a brutal rejection above the $0.34 price point, falling off a cliff all the way to $0.265 as Bitcoin saw a similar rejection at the $10,500 resistance. According to full-time cryptocurrency trader Cold Blooded Shiller, this rejection could spell disaster for...Read More
The crypto-market’s bullish rally has been collectively sour over the past week after major crypto-assets registered significant drops. Bitcoin went below the $10,000 level again and considering the fact that the world’s largest crypto-asset usually plays a major role in other assets’ movement, certain mid-cap assets were analyzed to understand the level of impact felt...Read More
After breaching its psychological resistance of $0.30 on 13 February, XRP registered a largely bearish period till 20th February, with the third-largest token depreciating by 24.68 percent over 48-hours. XRP went down to $0.261 on 20 February but at press time, the crypto-asset had managed to stabilize at $0.274. According to CoinMarketCap, the asset’s valuation...Read More
Ethereum‘s 12.43 percent drop on 19 February led to an unexpected slump from $283.82, all the way down to $252.14. Major support levels at $274.81, $270.84, $262.10, all turned to become resistance for a brief period. The pullback continued till 12:00 UTC on 20 February, after which the price underwent some recovery. According to CoinMarketCap,...Read More
As governments and regulatory bodies shift their focus onto the cryptocurrency industry, many players are now focusing on stepping up their efforts to be more mindful of local laws and regulations. Since their inception, cryptocurrencies have battled an array of narratives, such as the notion that it is commonly used by money launderers, drug traffickers,...Read More
Bitcoin really hasn’t done too well over the past day or two. As detailed in previous market updates from Ethereum World News, the price of the leading cryptocurrency has been subject to extreme volatility, falling from $10,300 to as low as $9,200 (on some exchanges) in the span of a few hours. This dramatic move lower...Read More
Bulls haven’t stepped in since the price of cryptocurrencies crashed by 10% across the board on Wednesday. Ethereum, as of the time of writing this article, is trading at $256 — just over 11% below the high of $288 seen just last week. While the drop sustained on Wednesday was already brutal in and of...Read More
Crypto literacy helps people think differently about finance in Mexico The utilitarian value of cryptocurrencies is a contentious topic still. Ever since Bitcoin’s debut, the community has been split with regard to whether it is best suited as an alternative currency or purely as an investment tool. In Latin American countries like Mexico, the lack...Read More
Bitcoin suffered an unexpected drop of 8.44 percent in the past 24 hours. The valuation dropped from $10167 to under $9312, which also resulted in a $10 billion reduction from its market cap. At press time, Bitcoin was priced at $9576 and the market cap was $174 billion. Bitcoin 1-hour chart BTC/USD on Trading View...Read More
Litecoin’s past 24-hour change does not mirror its recent bullish rally. The silver counterpart to Bitcoin registered a slump of 9.08 percent and its price held support just above $70. According to CoinMarketCap, its market cap remained under $4.5 billion at press time but the 24-hour trading volume remained positive and above $5.4 billion. Source:...Read More
Bitcoin didn’t fare too well on Wednesday. After recovering 8.4% to $10,300 after a 10% retracement to $9,500, bears returned to brutalize bulls. In the span of a few hours time, the price of BTC tanked off a cliff, falling as low as $9,250 on some exchanges, shocking the entire industry in the process. In...Read More
