Bitcoin attempted another bullish movement yesterday, but it got rejected when it approached the next resistance line. The majority of the altcoin market is retracing slightly today, following a few days of gains. The S&P 500, Dow Jones, and Nasdaq marked increases yesterday, following an announcement from the Fed pledging to keep the interest rates...Read More
XRP saw a very strong 9.5% price hike today, and it reached $0.24. The coin has now created a fresh 3-month high not seen since late April 2020. Against Bitcoin, XRP continues to struggle as it fails to break 2200 SAT. XRP/USD: XRP Bulls Attempting To Break Above April Highs Key Support Levels: $0.234, $0.225,...Read More
After several days of gains, Bitcoin has stalled a bit around the $11,000 mark. Simultaneously, most large-cap altcoins have managed to increase their value against both the US dollar and BTC. Bitcoin At $11,000 The past several days were nothing short than impressive for the primary cryptocurrency. Its $2,000 price surge came somewhat surprisingly for...Read More
CryptoPotato’s cryptocurrency fund (the Crypto Fund) launched nearly a year ago continues to attract new investors and its performance has increased sharply during 2020 and especially in the past month. The growth comes after a significant change in its asset allocation with the purchase of Augur’s native token – REP. CryptoPotato’s Crypto Fund History During...Read More
XRP saw a small 2.67% increase today as it pushed above $0.22. The coin is now trading above the June 2020 high as it faces resistance at $0.225. Against Bitcoin, XRP is trying to push higher but is struggling with resistance at 2200 SAT. XRP/USD – XRP Bulls Push To 2-Month Highs Key Support Levels:...Read More
Bitcoin continued its steady bullish move, and currently trading safely around the $9,700 mark, while Ethereum has breached above the $300 level. Other altcoins have also marked significant gains in the past 24 hours, thus reducing BTC’s dominance over the market towards the 60% dominance, which is a new year low. Altcoins On The Rise...Read More
Bitcoin Bitcoin saw a strong 4% price rise this week, which saw it hit the $9,500 level. The cryptocurrency started the week by trading at the lower boundary of a symmetrical triangle near the $9,000 support region. From there, it rebounded higher, which allowed Bitcoin to break above the triangle and exit the previous phase...Read More
XRP increased by 4% today as the bulls climb back above $0.2. The coin was trading at the .382 Fib Retracement for the majority of July and bounced higher from there. Against Bitcoin, XRP is within an acute descending triangle as the buyers battle to remain above 2100 SAT. XRP/USD: XRP Bulls Finally Reclaim $0.2...Read More
The increased number of fake Bitcoin giveaways on YouTube involving various celebrities has pushed Apple Inc co-founder Steve Wozniak to file a lawsuit against the platform and the parent company – Google. Wozniak Sues YouTube Because Of Fake BTC Giveaways Fake Bitcoin giveaways are a growing threat in the cryptocurrency industry. Scammers begin live streams...Read More
Reacting to positive news from the US, Bitcoin continued its decisive move forward, reaching an intraday high of $9,560. On its way up, the primary cryptocurrency took most of the altcoins along for the ride, and they managed to decrease BTC’s dominance to 61.6%. Bitcoin To $9,500 Following weeks of stagnant price actions, Bitcoin made...Read More
XRP saw a nice 1% price hike today as the coin edges back toward $0.20. It has been trying to reclaim $0.2 for the past 10-days but has failed on each attempt. Against Bitcoin, XRP continues its recovery as it found strong support at 2100 SAT. XRP/USD: XRP Bulls Struggling To Reclaim $0.2 Key Support...Read More
The leading digital asset management company Grayscale Investments has received approval from FINRA for public quotations for two more of its cryptocurrency products. Consequently, shares of both Grayscale Bitcoin Cash Trust (BCHG) and Grayscale Litecoin Trust (LTCN) have become the first publicly-quoted securities in the US deriving value from Bitcoin Cash (BCH) And Litecoin (LTC)....Read More
The weekend turns out to be a rather boring one again for Bitcoin’s price as the asset continues hovering at about $9,150. However, the fluctuations within the altcoin market attract attention, with numerous double-digit gainers, led by Binance’s most recent acquisition – Swipe. Twitter Hack And Bitcoin After the blatant Twitter hack earlier this week,...Read More
Bitcoin Bitcoin saw a small 1% price decline this week, but it managed to remain within the confines of a symmetrical triangle pattern. Throughout the week, BTC attempted to break above the upper boundary of the triangle on numerous occasions but failed each time. The coin recently found support at the lower edge of the...Read More
With a bit of delay following the Twitter hack, Bitcoin finally sees a slight movement downwards to $9,100. Interestingly, this time the three major US stock market indexes decrease in value with a similar percentage. The situation appears much more favorable in the low-cap altcoin market, as massive gainers include Aurora, Ampleforth, and Algorand. Bitcoin...Read More
XRP has traded sideways today as it rises by a small 0.15% to reach $0.1985. The coin is currently battling to climb back above the $0.20 level. Against Bitcoin, XRP is starting to grind lower after reaching 2200 SAT last week. XRP/USD: XRP Bulls Defending 100-day EMA Key Support Levels: $0.192, $0.18, $0.175.Key Resistance Levels:...Read More
XRP surged by a strong 9.5% over the past week as the coin reclaims $0.20. The cryptocurrency is facing strong resistance at the 200-day EMA at around $0.21. Against Bitcoin, XRP has started to recover as it attempts to break the 2200 SAT resistance. XRP/USD: XRP Buyers Holding Above $0.2 Key Support Levels: $0.192, $0.18,...Read More
Bitcoin Bitcoin saw a small 1% increase this week as it continued to trade sideways within the confines of a symmetrical triangle pattern. BTC has been trapped within this triangle since the start of June 2020, and a breakout will dictate the next direction. Looking ahead, if the buyers can rebound from the lower boundary...Read More
Bitcoin and most altcoins have retraced slightly in the past 24 hours, after a few days of gains. Interestingly, similar price fallbacks are visible in the traditional stock markets, as the Dow Jones is down by 1.4%. Bitcoin’s False Breakout After the unsuccessful attempt to conquer $9,500, Bitcoin hovered above the significant 50-MA level at...Read More
Following days of stagnant price actions, Bitcoin finally made a move and tested the $9,500 level where it got rejected. At the same time, most alternative coins are still in the green after yesterday’s impressive gains, hinting that an altcoin season may be in the making. BTC Tests $9,500 As CryptoPotato reported previously, the primary...Read More
XRP saw a serious 8.3% increase today as it returned to the $0.2 level. The latest price rise allowed XRP to climb above the 100-day EMA as it attempts to start a recovery. Against Bitcoin, XRP finally rebounded from 1900 SAT to climb toward 2160 SAT. Key Support & Resistance Levels XRP/USD:Support: $0.196, $0.192, $0.175.Resistance:...Read More
Numerous alternative coins are booming during the past 24 hours, while Bitcoin remains stable. Consequently, this has raised the question of whether or not the cryptocurrency market is entering another altcoin season. Altcoins Pumping The majority of the market is well in the green today, with some impressive gains from altcoins. Yet, none has increased...Read More
The past 24 hours were somewhat positive for most financial markets, including the cryptocurrency field. While Bitcoin was on the rise and gained $300 intraday, the S&P 500 index and the Dow Jones are up by nearly 2%. Nasdaq marked a new all-time high after an increase of 2.2% Crypto Market Goes Up Although Bitcoin...Read More
XRP saw a sharp 6% price rise over the past 24 hours to bring it to $0.186. Before this, XRP was trading sideways along with the support at $0.175. Against Bitcoin, XRP rebounded from 1900 SAT to reach 2000 SAT. Key Support & Resistance Levels XRP/USD:Support: $0.175, $0.171, $0.157.Resistance: $0.195, $0.20, $0.21.XRP/BTC:Support: 1950 SAT, 1900...Read More
Bitcoin was trading in a tight range over the past range, but the last few hours were marked with notable volatility. The price tumbled to $8,893 on Binance, but it bounced back to $9,240, charting gains of about $350. This happened as futures for legacy market indices and stocks are also trading in the green...Read More
Bitcoin Bitcoin pretty much moved sideways this week after slipping by a small 1%. While predominantly trading in a tight range, BTC did slip beneath a critical level on a couple of occasions but has managed to recover. Last week, Bitcoin fell beneath a rising trend line formation that had been in play since mid-March....Read More
XRP has moved sideways over the last few days as the bulls battle to defend $0.175. A break beneath $0.175 could result in XRP unwinding toward $0.15. Against Bitcoin, XRP continues to make lower lows as the sellers flirt with breaking beneath 1900 SAT. Key Support & Resistance Levels XRP/USD:Support: $0.175, $0.171, $0.157.Resistance: $0.185, $0.192,...Read More
XRP saw a sharp 6% price drop over the past week as the bulls battle to defend $0.175. A break beneath $0.175 would result in XRP unwinding toward the $0.15 level. Against Bitcoin, the disaster continues as it created fresh lows beneath 1950 SAT. Key Support & Resistance Levels XRP/USD:Support: $0.175, $0.171, $0.165.Resistance: $0.185, $0.192,...Read More
This weekend was rather exciting for Bitcoin’s price as it finally made a decision and broke out of a rather tight trading range. Unfortunately, it was to the downside, and BTC touched $8,816 on Binance Futures yesterday. Most of the large-cap cryptocurrencies followed Bitcoin but are now recovering while BTC continues to fight for the...Read More
The popular Bitcoin margin trading exchange BitMEX is launching a new program tailored towards its corporate customers. Called BitMEX Corporate, it will provide them with enhanced legal, auditory, and client relationship benefits. BitMEX Flatters Its Corporate Customers In the announcement from earlier today, BitMEX describes the corporate accounts on its platform as “the part of...Read More
