After Bitcoin breached the $27,000 resistance, a minor correction soon followed. However, the pullback was not enough to deter Cardano and VeChain from rising higher on the charts. As ADA and VET scaled past several milestones, Tron moved in the opposite direction and registered a drop in price. Cardano [ADA] Source: ADA/USD, TradingView Resistance at...Read More
Bitcoin has broken past all expectations as it marked a new all-time high at $28k. This new ATH was nearly $10k higher than its 2017 price point and has resulted in its value to surpass Visa in terms of market capitalization. The chart below explains the progress of the digital asset, along with the second-largest...Read More
XRP sank to $0.22 and has traded for most of 2020 at or under $0.3, with about 60 days only of trading above this mark. The short-term outlook for XRP was extremely bearish, although a dead cat bounce can occur. Cosmos saw rising bullish sentiment as it tested the $5.45 level of resistance once more,...Read More
The U.S. government or more specifically, FinCEN’s proposed AML regulation has been extended to non-custodial wallets causing an outcry in the cryptocurrency ecosystem since the proposed regulation calls for recording the name and physical address of the wallet owner for transactions that are greater than $3,000 by VASPs [Virtual Asset Service Providers]. VASPs include anyone...Read More
Disclaimer: The findings of the following article are the sole opinions of the writer and should not be taken as investment advice The Chainlink [LINK] market has been moving to its own tune. The Bitcoin market has had only a marginal impact on the standing of the coin. After moving within a restricted range the...Read More
Disclaimer: The findings of the following article are the sole opinions of the writer and should not be taken as investment advice With Bitcoin reaching new highs, the altcoin market is also marching along. However, the pace at which the altcoin market rallies is not the same as Bitcoin’s. With peaks noted recently, the Litecoin...Read More
Ethereum and Bitcoin posted some losses over the past few hours and many altcoins did as well. Bitcoin Cash formed a bearish divergence and slipped beneath a level it had sought to flip to support, and IOTA has seen rising selling pressure over the past few days. Zcash approached a pocket of liquidity with bearish...Read More
Prominent cryptocurrency exchange, OKEx announced that real-time settlement for all perpetual swaps, futures, and options contracts will be coming soon to its platform. This will allow the users to improve the capital efficiency of their funds and enable greater cross-exchange arbitrage opportunities, as per the announcement. It added: “Real-time settlements will officially begin at 8:00 am...Read More
Ethereum saw a pullback after reaching a local high of $747. Tezos broke out of a triangle pattern but was forced to revisit a level of support, while Dash witnessed increasing selling pressure in the short term. However, it formed a bullish pattern on the charts, and conviction from the bulls could see its price...Read More
Click Here For AMBCrypto’s Survey – A chance to win Trezor One The Indian Government has moved towards potentially implementing a tax of 18% on Bitcoin trading in the country. According to reports, the central government is currently weighing a proposal to impose a Goods and Services (GST) tax on Bitcoin, which is estimated to...Read More
Click Here For AMBCrypto’s Survey – A chance to win Trezor One Disclaimer: The findings of the following article are the sole opinions of the writer and should not be considered investment advice Bitcoin Cash has been on an incline since late September, but over the past 4 weeks, it has become more turbulent. The crypto-asset...Read More
Click Here For AMBCrypto’s Survey – A chance to win Trezor One United States Securities and Exchange Commission (SEC) today announced that it obtained an order imposing an “asset freeze and other emergency relief” against Virgil Capital LLC in connection with an alleged securities fraud relating to Virgil Sigma Fund LP, which is the firm’s...Read More
Click Here For AMBCrypto’s Survey – A chance to win Trezor One The altcoin market recovered somewhat from its recent losses, with many altcoins noting a short-term bullish outlook. Stellar Lumens appeared poised to move above the $0.156-level, but Waves was unable to breach its level of resistance as it noted consistent selling pressure over...Read More
Click Here For AMBCrypto’s Survey – A chance to win Trezor One Replying to a Twitter user who called Bitcoin a Ponzi scheme, Stephen Palley, a digital currency lawyer at Anderson Kill, made a strong case for the popular crypto today. The lawyer said that Bitcoin at large could not be dubbed “a Ponzi.” and...Read More
Click Here For AMBCrypto’s Survey – A chance to win Trezor One Bitstamp, OSL, Beaxy, CrossTower, and okCoin? The question of which crypto-entity would be next to de-list or suspend XRP trading has been doing the rounds a lot lately, especially since the United States’ Securities and Exchange Commission filed a lawsuit charging Ripple for...Read More
Click Here For AMBCrypto’s Survey – A chance to win Trezor One Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice With XRP facing the SEC’s proverbial ax and likely to see an exodus from exchanges, some people have questioned if Chainlink will...Read More
Click Here For AMBCrypto’s Survey – A chance to win Trezor One Chainlink surged past the $11.9-resistance level and knocked insistently on the $12.65-level’s doors. In fact, it could climb past it as well in the coming days. Aave was trading within a range, but had a bullish short-term outlook. FTX Token saw consistent buyers’...Read More
Click Here For AMBCrypto’s Survey – A chance to win Trezor One Major Japanese financial services company SBI Holdings published an official statement with regard to the proceedings against Ripple by the United States Securities Exchange Commission (SEC). The group said that under Japanese law, XRP is dubbed as a “cryptocurrency asset.” Last week, SEC...Read More
Click Here For AMBCrypto’s Survey – A chance to win Trezor One Marathon Patent Group, a major enterprise Bitcoin mining company will purchase 70,000 Antminer S-19 ASIC miners from Bitmain for $170 million. The firm anticipates receiving an initial batch of miners in July next year and the final batch by the end of 2021. ...Read More
Click Here For AMBCrypto’s Survey – A chance to win Trezor One Bitcoin’s accelerated surge over the past few days has placed BTC closer to the $30,000-mark, than its previous ATH of $20,000. After 2+ years of the bear market, Bitcoin seems to be making a move and unlike during the 2017 bull run, this...Read More
Click Here For AMBCrypto’s Survey – A chance to win Trezor One EOS registered a short-term hike in buying volume, but it might not be enough to stave off the next wave of bearish pressure. NEM showed short-term bearishness as well and could be forced to test $0.2 as support once more. Decred, on the...Read More
Click Here For AMBCrypto’s Survey – A chance to win Trezor One Cover project’s staking protocol has been exploited, an exploit that fueled infinite minting of the Cover protocol token. This has contributed to the token crashing by 77% in less than an hour. In fact, the token’s price dropped like a stone from $761...Read More
Despite Bitcoin’s rising market dominance, further gains for ETH against the US Dollar meant that many altcoins posted gains as well. Binance Coin appeared set to rise past its local high at $35.69, while Maker had strong bullish momentum behind it as it flipped a level of resistance to support. Finally, Neo registered weak bearish...Read More
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
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
