Following yesterday’s slight retraces within the cryptocurrency market, most coins have charted green once more. Bitcoin has jumped to about $11,400, Ethereum nears $375, and further volatility comes from lower-cap altcoins. Bitcoin Stands Solid Above $11k As CryptoPotato reported a few days ago, Bitcoin broke above $11,000 after weeks of struggling beneath that level. Since...Read More
On-chain analytics provider Santiment has reported that there has been a decline in unique addresses interacting on the Ethereum network, particularly since mid-September. Both August and September witnessed spikes in address activity, primarily driven by new DeFi yield farming opportunities from the likes of Uniswap. 🤔 $ETH‘s daily active address metric is still revealing that...Read More
Following yesterday’s surge to about $11,500, Bitcoin has retraced slightly and trades at about $11,350. Most altcoins have also calmed after charting two consecutive days of gains. Bitcoin Steady Above $11K As reported yesterday, the primary cryptocurrency initiated an impressive leg up. Bitcoin went from about $10,900 to its new monthly high of nearly $11,500...Read More
After trading below $11,000 for weeks, Bitcoin finally broke above that psychological level with a 5% increase in the past 24 hours. The altcoins have come along for the ride, and the market cap has jumped by nearly $20 billion since yesterday. Bitcoin Breaks Above $11,000 Bitcoin was steadily increasing in the past few days...Read More
Bitcoin Bitcoin saw a 5.6% price increase over the past seven days as it finally breaks above the $11,000. The cryptocurrency was trading within a symmetrical triangle pattern since mid-September and struggled to break above this consolidation until yesterday. BTC was trading at the 100-days EMA last Friday as it rebounded from here and started...Read More
Following yesterday’s announcement that Square has purchased $50 million worth of Bitcoin, the asset has reacted with a significant price jump to $10,900. Most altcoins have followed suit and the cryptocurrency market cap has increased by $12 billion. Bitcoin To $10,900 Due To Square? Bitcoin was in a bit of a pickle in the past...Read More
ETH/USD – Short-Term Consolidation Continues Key Support Levels: $336, $324, $317.Key Resistance Levels: $342, $365, $378 Ethereum has been trapped in a short-term symmetrical triangle pattern since mid-September. The coin failed to break above the upper boundary on Tuesday as it headed lower into the 100-days EMA. The support there has held over the past...Read More
Bitcoin has charted minor gains in the past 24 hours by following Wall Street once again. Most large-cap altcoins have remained calm with Ethereum hovering around $340 and Ripple trading at $0.245. Bitcoin Steadily Follows US Stocks The primary cryptocurrency headed south yesterday and dipped to $10,525. Although Bitcoin started recovering rather rapidly, it dropped...Read More
Bitcoin has failed to sustain its recent bullish run and has dropped to approximately $10,600. Most alternative coins have mimicked BTC’s move, resulting in a $10 billion loss from the total market cap. Bitcoin Fails At $10,800 As reported yesterday, Bitcoin had reacted positively on news that US President Donald Trump left the hospital after...Read More
On the back of remarkably fast recovery from the virus which has taken over 210,000 American lives, President Donald Trump abruptly ended talks with Speaker Nancy Pelosi and Democratic leaders over new economic aid packages. All three major U.S. stock indexes lost solid gains from earlier in the day and fell into negative territory after...Read More
Despite some fears that Bitcoin and the US stock futures could drop following US President Trump’s hospitalization, the markets have remained calm. In fact, BTC and some altcoins have marked minor gains, and the market cap has increased by about $6 billion in a day. Trump Hospital Release And Stimulus Affect Bitcoin? As reported yesterday,...Read More
Following the recent price decreases after the BitMEX and Donald Trump COVID19 news, Bitcoin has calmed and trades above $10,500. The situation with the altcoins is somewhat different as most continue struggling. Bitcoin Stays Calm After The Drops As reported yesterday, Bitcoin tumbled from $10,900 to about $10,450 in a matter of hours. The drop...Read More
Bitcoin Over the past seven days, Bitcoin dropped by a total of 2% as it currently trades around the $10,500 level. The week was pretty interesting after it rebounded from a 6-month-old rising trend line last week. After bouncing, it continued higher to reach as high as $10,900 at the start of October. Unfortunately, Bitcoin...Read More
Bitcoin was riding high around $10,900 before dumping below $10,500 following the controversial BitMEX news from yesterday. Most alts have copied the move downwards, resulting in a $15 billion loss for the market cap. Bitcoin Tumbles On BitMEX News As CryptoPotato reported yesterday, the US Commodity and Futures Trading Commission charged the owners of one...Read More
Despite briefly dipping to $10,660, Bitcoin has slightly increased in value since yesterday and trades above $10,800. At the same time, Ethereum has spiked by about 2% to above $360, while more volatility is evident from lower and mid-cap altcoins. Bitcoin To Above $10,800 After an unsuccessful attempt to conquer $10,800 yesterday, Bitcoin headed south...Read More
ETH/USD – Bulls Struggling To Pass 2019 Highs Key Support Levels: $350, $336, $325.Key Resistance Levels: $364, $378, $390. Ethereum pushed higher last week to reach the 2019 highs at around $364 over the weekend. Unfortunately, it has not been able to overcome this resistance in the past four days of trading as bearish divergence...Read More
ETH/USD – Etheruem Bulls Rebound Beyond 2019 Highs Key Support Levels: $350, $336, $325. Key Resistance Levels: $378, $390, $400. Last week, Ethereum dipped beneath the 100-days EMA as it slipped into the $320 support. From there, the bulls defended this support level, which produced a bullish engulfing candle on Thursday. From there, Ethereum followed...Read More
Bitcoin has continued to gradually increase in value and even came close to challenging $11,000 earlier today. Including some impressive gains from altcoins. The total market cap has increased by $10 billion since yesterday’s dip. Bitcoin Closing Down On $11K? As reported yesterday, the primary cryptocurrency hovered mostly between $10,650 and $10,750. Shortly after, however,...Read More
The cryptocurrency market continues to rebound and has added another $10 billion to its market cap since yesterday. Bitcoin trades around $10,700, while some leading altcoins mark serious gains. Bitcoin Price Trades Around $10,700 Following yesterday’s increase in which Bitcoin topped at $10,800, the primary cryptocurrency retraced to its intraday bottom at about $10,550. However,...Read More
Bitcoin Bitcoin dropped by a total of 3% over the past seven days of trading as it reached the $10,600 level today. The cryptocurrency briefly pushed above the $11,000 mark last Friday but could not sustain this level as it broke beneath it during the weekend. On Monday, BTC saw a precipitous 7.5% fall as...Read More
Following a few days of severe price drops, the cryptocurrency market is in a state of recovery today. Bitcoin has surged from $10,300 to nearly $10,800, while Ethereum trades above $340. Bitcoin Bounced Off $10,130 After bottoming at $10,130 a few days ago, the primary cryptocurrency started recovering yesterday and hovered around $10,400. In the...Read More
After reclaiming some ground yesterday, Bitcoin has returned to its recent bearish trend by dropping below $10,300. Most altcoins follow with some notable price dips, resulting in a near $10 billion evaporated from the total market cap. Bitcoin Dips Below $10,300 As reported yesterday, the primary cryptocurrency recovered some of the recent losses and traded...Read More
Most of the cryptocurrency market is finally taking a breather after a few consecutive days of price drops. Bitcoin sits just shy of $10,500, but some large-cap altcoins like Ethereum are still displaying issues. Bitcoin Hovers Around $10,500 In the past couple of days, Bitcoin went from a top of $11,150 to a bottom of...Read More
Ethereum fell by a precipitous 10% today as it slips to $336. The cryptocurrency failed to surpass the $390 resistance last week and fell today as BTC dropped by 3%. Against Bitcoin, ETH also fell by 5.3% as it penetrated beneath the crucial support at 0.0329 BTC to trade at 0.032 BTC. ETH/USD – Etheruem...Read More
Although BTC dipped to $10,750 yesterday, the asset is back near the psychological $11,000 level. Most alts are trading in the red as the entire market cap has lost over $8 billion from yesterday’s peak. BTC Bounced Off $10,750 After two consecutive rejections at above $11,000, Bitcoin headed for a correction yesterday. The primary cryptocurrency...Read More
Bitcoin jumped to a fresh 2-week high above $11,150 but got rejected once again and is down below $11,000. Meanwhile, the value of the 400 UNI tokens airdropped to anyone who used Uniswap before September 1st reached almost $3,500. Bitcoin Paints A New 2-Week High As reported by CryptoPotato yesterday, Bitcoin displayed issues when trying...Read More
Bitcoin took another swing at $11,000 but got rejected, and trades just shy of the coveted level. Most alts are retracing slightly, while UNI continues to attract attention, and its price has increased to $7. Bitcoin Stopped At $11K After yesterday’s relatively calm price performance, the primary cryptocurrency initiated another leg up towards $11,000. The...Read More
Bitcoin Bitcoin saw a positive 6% price increase this week as it edges its way toward the $11,000 level. The cryptocurrency was trading within a symmetrical triangle pattern last week after consolidating prior for 10-days. This symmetrical triangle broke over the weekend – providing the first signal that BTC was about to push higher. After...Read More
Most of the cryptocurrency market has been relatively calm in the past 24 hours. Bitcoin trades around $11,000, and Ethereum jumps by 2% to $385. Most of the attention went to Uniswap’s governance token (UNI) that launched yesterday. After listings on the most prominent digital asset exchanges, UNI trades at $5.3. Bitcoin Remains Below $11K...Read More
Uniswap’s launch of its native token and associated farming rewards has caused a digital gold rush, which has crippled the Ethereum network for the second time in as many weeks. The news has been good for Ethereum miners, though, as their revenue has reached a five year high according to on-chain analytics provider Glassnode. 📈...Read More
