Is this the day we had been waiting for? Bitcoin completed an 18% price surge over the past 24 hours. But not just that. Yesterday, we mentioned that despite the massive crash in the global markets, Bitcoin’s showing stability above the $5,000 price mark. That stability of yesterday, was the first time after weeks, that...Read More
The price for STEEM has surged a massive 180% today before retracing upon the news that Binance and Huobi will support the hard fork to split the blockchain and produce another one called Hive. Binance And Huobi To Support Hive As Cryptopotato reported, Hive will be a new blockchain that will be forked off the...Read More
Days after the significant volatility and Bitcoin price declines, Bitcoin Options trading volume on regulated exchanges sees record-breaking lows. While CME’s Options platform recently hit its all-time low level, Bakkt’s situation is even worse without any action for weeks. CME’s Bitcoin Options Volume ATL In the middle of March, the cryptocurrency market, along with most...Read More
XRP saw a 7% price increase over the past 24 hours as it bounces back above $0.15. The cryptocurrency has been trading within a range between $0.136 and $0.161 over the past 7-days as it shows signs of stabilizing. Against Bitcoin, XRP has been falling this week as it failed to climb above 2850 SATS....Read More
The novel coronavirus created an economic slowdown that had a massive impact on financial and stock markets throughout the world. Some of the global indexes such as the S&P 500, DJI, FTSE 100, and so forth, charted notable losses in a manner that hasn’t been seen for decades. Naturally, this also caused a serious negative...Read More
Quick recap: for the past few weeks, Bitcoin had been following the crashing global markets. While the S&P 500 and Nasdaq lost more than 30% over the past month, Bitcoin followed them but with a little bit of leverage. The primary cryptocurrency is now trading at a 50% discount from the highs of mid-February, when...Read More
LINK has found strong support at the January opening price of $1.72. The cryptocurrency has dropped by a steep 64% from the March high of $5.02. It is finding support at 0.000345 BTC against Bitcoin as the buyers try to defend the area. Key Support & Resistance Levels LINK/USD: Support: $1.72, $1.60, $1.50. Resistance: $2.00,...Read More
Ethereum currently trades around 0.02193 BTC after breaking slightly below a crucial support The price is readying for a breakout from a symmetrical triangle as trading reaches a tight range on the 4-hour Ethereum is showing a sign of weakness after witnessing a sizeable loss over the past few hours ETH/USD: Ethereum Trades Inside Triangle...Read More
After a 25% daily surge, WazirX continued to struggle under key resistance across trading pairs WazirX is looking for a strong rebound level to keep the buyers in action. Despite the latest bullish price actions, the WRX market still favors the short-term bears WRX/USD: WazirX Suspends Bearish For Sideways Key Resistance Levels: $0.1, $0.15 Key...Read More
The novel coronavirus took the world by a storm. Starting in China, the virus has now spread throughout the globe, with thousands of cases being reported in Europe, Asia, and even the US. This brought a catastrophe on the traditional financial and stock markets, as major global indexes crashed in a way that was more...Read More
While the US stock market saw its steepest one-day sell-off since Black Monday in 1987, Bitcoin saw its steepest one-day sell-off in its ten-year history, just a few days before. But don’t worry, that was institutional money running from everything Thursday. Of course, it ran from the risky cryptocurrency industry. Don’t forget that institutional investors...Read More
Last week’s massive Bitcoin sell-off that drove its price to below $4,000 came from short-term holders, new data shows. Long-term holders, on the other hand, are not moving or selling their BTC assets, at least for now. New Players Sold Their BTC March 12th-13th this year later became known as one of the worst trading...Read More
Ripple is plotting a fresh rally, waiting for a triangle breakout to set mode on the 4-hours chart. Against Bitcoin, the price is struggling in consolidation following a sharp drop from a crucial resistance level of 3000 SAT. If XRP reverses its trend, the price is likely to hit $0.20 resistance on a short-term XRP/USD:...Read More
Despite the crashing markets, companies are working hard to boost the further adoption of Bitcoin and cryptocurrencies. In two separate announcements, Coinbase and the popular internet browser Opera revealed that they’ve made serious strides in this regard. Coinbase Card Usable With Google Pay The leading cryptocurrency exchange in the US, Coinbase, allows its users to...Read More
The Tezos Foundation continues with its developments by partnering up with the Hong Kong FinTech company – Liquefy. The latter will implement a security token standard for digital securities projects that use the Tezos blockchain and will later utilize it for its real estate tokenization deals. Tezos Partners With Liquefy In a press release shared...Read More
Popular U.S. economist and proponent of gold, Peter Schiff, recently explained why the precious metal is plunging in the past few weeks. He believes that investors are to blame due to their lack of awareness of what is to come. Once they realize it, though, gold will surge once again. Schiff Blames Investors For Gold’s...Read More
Ethereum ETH/USD. Source: TradingView Last weekend, Ethereum recovered a bit to $140 following a sudden 55% price drop to a weekly low of $86. After a short daily increase, Ethereum’s price dropped to $100 (March 12 low), which reveals that sellers are showing interest again. More so, we can see that ETH is still struggling...Read More
Following the coronavirus health crisis, the global stock markets collapsing one after another. Despite the Fed’s emergency steps, the markets continue to tumble. The EU markets are recording over 10% declines, while Wall Street is reaching the low level of December 2018. 13-Month ROI had demolished in 30 days. Bitcoin is not left behind. After...Read More
If you want to find out the latest events that transpired in the past week in the world of crypto, but can’t be bothered looking on all the news sites, here is our weekly news summary: Kraken Getting into Forex Kraken has announced that it will start its foray into traditional forex trading, as it...Read More
The novel COVID-19 (coronavirus) continues with its adverse effects on the financial markets. The cryptocurrency space is no exception. Bitcoin, for instance, slipped below the significant $5,000 mark and is currently trading at around $4,500. Just hours ago, the leading cryptocurrency by market cap saw a spike of $800. When the U.S. Fed Reserve made...Read More
The Federal Reserve made an unexpected announcement at 5 PM U.S. Time Sunday afternoon. Along with another $700 billion immediate injections – $500 billion in treasuries and $200 billion in mortgage-back securities, the Fed is cutting the rate to zero. Donald Trump fires all the guns he has at an early stage of the coronavirus...Read More
After a 3-day recovery, Ethereum price continues its bearish momentum Against the US Dollar, Ethereum continued to struggle under the $140 mark Against Bitcoin, ETH found weekly support (0.022 BTC) upon a mid-term trend line; however, the situation is fragile ETH/USD: Ethereum Trades Under $140 Key Resistance Levels: $140, $160, $180, $200 Key Support Levels:...Read More
The recent mystery surrounding the incredible $80,000 worth of Ethereum transaction fee has been resolved. Instead of a complicated money laundering scheme compiled by a South Korean exchange, it actually turned out to be a human-mistake made by one of the employees. 656 ETH Paid for Syntethics Network (SNX) Transaction A few days ago, a...Read More
Along with every other financial instrument led by the global stock markets, Bitcoin plummeted in the past two weeks following the worldwide spread of the coronavirus. Following their desire to see Bitcoin emerging as the next generation’s safe-haven asset, this latest severe Bitcoin plunge felt like a nightmare for many Bitcoiners. The following article will...Read More
Bitcoin has tough days. The primary cryptocurrency had lost 40% of its value over the past four days. The fact that the price of Bitcoin is positively correlated with the global stock markets had been a surprise to many in the crypto community, who waited eagerly to see Bitcoin price exploding amid the emerging coronavirus...Read More
Ripple is trading inside a descending channel; a bullish breakout is likely to take place only above $0.215 per XRP Against Bitcoin, Ripple started to regain momentum after finding support at the 2580 SAT level. XRP/USD: Ripple Is Trapped Inside The Channel Key Resistance Levels: $0.185, $0.215 Key Support Levels: $0.13, $0.11 After opening the...Read More
Bitcoin (BTC) Yesterday, the price of Bitcoin crashed by over 40%, following the emerging global market crisis. Before this fatal plunge, Bitcoin showed signs of weakness consolidating around the $8000 mark for three days. Meanwhile, this whole bearish scenario started from a mid-February high of $10,500, which was later confirmed by a bearish head-and-shoulds pattern,...Read More
It’s safe to say that unless unexpected things happen, this will be the worst week for Bitcoin since 2013. During the second week of December 2013, Bitcoin had seen a plunge from $864 to $382, more than a 50% decline. Those were the days when MT.Gox was the only major Bitcoin exchange out there. Just...Read More
As a seemingly endless stream of reports continues to pour in surrounding the coronavirus, many are becoming increasingly concerned over the effect this global pandemic could have on the global financial system in the future. The outbreak is shaping up to potentially cause one of the worst financial crashes of all time. The current pandemic...Read More
The last few days have been quite terrible as the cryptocurrency market shreds every single gain it has amassed since the start of the year. Bitcoin even slumped to as low as $3,700 for an hour for the first time in 12 months. The price crash left traders in dismay, with many scratching their heads...Read More
