Bitcoin had a major breakout above $12,000 on October 20 followed by a breakout of $13,000 reaching a peak of $13,350 just 24 hours ago. The current price of Bitcoin is $12,854 after a mild pullback from the 2020-high. After the massive bull rally, the price of BTC has established a daily bull flag which is seeking continuation to the upside within the...
Bitcoin prices consolidated during this past weekend and confirmed a previous level of support of USD 12,680 discussed in our...
The cryptocurrency market is showing some strong improvement. One of the reasons could be the PayPal announcement. The market is moving now and it seems that almost all the altcoins are improving. Some cryptocurrencies are exhibiting growth. Here are the...
Chainlink is currently trading at $12.87 after a massive breakout above a crucial pattern formed on the daily chart. The ascending wedge was established by the end of September and the upper boundary of the pattern acted as a strong resistance level for close to a month before the final breakout today. LINK is now trading above the 50-SMA and the 100-SMA and...
A stablecoin is a cryptocurrency that is pegged to the specified stable asset, like gold or the U.S. dollar. In other words, Stablecoins are cryptocurrencies designed to overcome the influences of price resilience. To overcome resilience the value of a stablecoin can be fastened to currency, or exchange- traded assets...
Ether continues its uptrend thanks to the recent PayPal announcement, breaking the psychological level of...
The entire cryptocurrency market is heavily bullish and has hit a new 2020-high in terms of market capitalization at $397 billion. Just in the past week, the entire market gained around $42 billion in market cap thanks to several good news, especially from PayPal. Although Bitcoin has been leading the way, surpassing $13,000, several other altcoins are closely following it. Let's take a...
Filecoin is a decentralized cloud service for public data with smart contract storage opportunities Filecoin is a B2B and B2C decentralized storage network whose goal it is to reinvent the public data storage market. It was invented by Protocol Labs, an open source laboratory. The first...
Ever since 2019, Bitcoin is on a steady uptrend, with much optimism and buoyancy. After recovering from a big crash due to the COVID-19, Bitcoin is back at an all-time high price since mid-2019....
Today, we heard about PayPal supporting the buying and selling of cryptocurrencies in its platform. PayPal customers will also be able to use cryptocurrencies to shop at the 26 million merchants on its network starting in early 2021, the company said in a statement. The first services offered will be introduced to U.S. customers in early 2021 allowing them to pay using BTC,...
Bitcoin is currently trading at $12,750 after huge news from PayPal supporting payments through cryptocurrencies starting in early 2021. Bitcoin was already in a significant bull rally, however, PayPal announced that customers will be able to use cryptos to access more than 26 million merchants around the world was...
Bitcoin just broke $12,000 for the first time since September 1. The $12,000 psychological level was a strong point holding the price of Bitcoin. The digital asset is looking at $13,000 and even $14,000 as most technical indicators show very little resistance to the upside. [caption id="attachment_79183" align="alignnone" width="2223"]...
Ether is still a much-undervalued cryptocurrency, especially before the launch of ETH2.0. The year 2020 was a good year for the coin that brings "Smart Contracts", a much-needed element in today’s world....
The price of DASH had a massive spike today after the recent DeFi announcement. The digital asset was trading at around $66 before a significant increase towards $78.57 in less than 8 hours. DASH announced the collaboration with StakeHound, allowing holders to earn masternode staking rewards and exclusive access to DeFi services....
The leading cryptocurrency has proven its perseverance through years of tough market fluctuations, and the year 2020 was no exception....
The cryptocurrency market is showing some signs of improvements. The market is moving steadily and it seems that almost all the altcoins are on the path of progress. Some cryptocurrencies are exhibiting growth. Here are the top 5 performing cryptocurrencies of the week (week-12). Let’s take a look at...
Let's first look at the history of Ethereum. According to Coinmarketcap, the average highest price ever reached by ETH was $1,432 on January 13, 2018. At its peak, the digital asset had a market capitalization of $137 billion. If each ETH coin was worth $10,000 right now, the market capitalization would be around $1.13 trillion, which might sound ridiculous considering Bitcoin's highest market...
Filecoin is a cryptocurrency and a digital storage and data retrieval method. It was first released in July 2014 and conducted an ICO in 2017. The project managed to raise around $200 million, however, it wasn't until a few days that the cryptocurrency got listed on several exchanges. The launch of Filecoin has been one of the most awaited launches ever, in the...
EOS is currently trading at $2.53 after a significant slip today from a high of $2.61 to $2.49. Trading volume is increasing in the past 24 hours, indicating the bearish move is strong. Year-to-date, the digital asset is down around 47%. EOS has been underperforming for the past year, losing $2.6 billion in market capitalization. In comparison to major coins like BTC...
The Bitcoin Cash price was able to rise up to the golden ratio at ±$265, where it was strongly rejected!...
News