Key Ethereum Takeaways Ethereum (ETH/USD) looks poised to pursue a bull run towards $2,000 after flipping key resistance levels into interim supports. More tailwinds come from Citi and Goldman Sachs’s latest endorsements for the cryptocurrency sector. Volatility in the US Read More
A recent runup in the Bitcoin market has prompted many analysts to see BTC/USD pair closing above $50,000 in the coming daily sessions. The market strategists see the pair doing extensively well despite the sell-off that crashed its prices by Read More
Bitcoin held onto its key technical support area despite a concerning sell-off on Tuesday, raising hopes that it might survive the bearish assault that brought its prices down by 21.32 percent last week. The benchmark cryptocurrency reported early gains on Read More
A golden cross formed on the Chainlink (LINK) four-hour chart a week after its price crashed by almost 45 percent from its record high of $37.07, signaling a bullish revival for the world’s ninth-largest cryptocurrency by market capitalization. In retrospect, Read More
Binance Coin A coin is a unit of digital value. When describing cryptocurrencies, they are built using the bitcoin technology and have no other value unlike tokens which have the potential of software being built with them. » Read more Read More
Just as the GameStop Corp. (NYSE: GME) shares exploded higher in the final hours of trading on Wednesday, Jim Cramer advised the videogame retailer’s board to buy Bitcoin to increase its stock prices further. “One last time GME,” tweeted the Read More
Bitcoin reversed earlier losses after Jerome Powell, the Federal Reserve chairman, reiterated the central bank’s tendency to stick with its infinite quantitative easing policies during the second day of his testimony to Congress. The benchmark cryptocurrency ended Wednesday 1.71 percent Read More
Bitcoin bulls should prepare for its price to drop into the $35,000-40,000 area, per an apprehensively accurate fractal. First highlighted by TradingShot, an independent crypto trading consultancy, the fractal relies on a flurry of technical indicators to make its short-term Read More
Bitcoin fell sharply on Monday and continued declining into the early Tuesday session as traders feared its excessive valuations after a 100 percent rise this year. The benchmark cryptocurrency lost more than $8,000, or 13.91 percent, to trade below $50,000. Read More
Key Bitcoin Takeaways Bitcoin plunged by almost 5.5 percent on Monday after setting up a record high in the previous session. The one-day drop is the largest since February 10, pointing to extended intraday declines as the European session matures. Read More
A high-volumed transfer to a Bitcoin exchange wallet made on February 21 has raised calls for a broader price correction among risk-averse traders. An entity (or a group of entities) credited about 28,000 BTC worth over $1.5 billion to an Read More
Key Bitcoin Takeaways Bitcoin bloomed higher last week despite weaker demand for safe-haven assets against a prosperous US economic outlook. The cryptocurrency’s upward move came as a part of its quarterly bullish trend as traders raised their BTC/USD bids against Read More
This week, transaction fees on the Ethereum blockchain grew to a level that made the decentralized applications (dapp) operating atop it practically unusable. In some cases, transferring as little as $5 across the second-largest public chain started costing as high Read More
Bitcoin bulls are not running out of fuel. On Friday, traders once again raised their bids for the world’s leading cryptocurrency, sending its prices to another record peak after Grayscale Investments, a New York-based crypto investment vehicle, added 1,672 BTC Read More
A recent price explosion in the Bitcoin market has pushed its costs to over $52,000 per token, more than double its December 2020 nadir. The cryptocurrency’s meteoric rise has also sent its momentum indicators into an overbought area, which typically Read More
Binance Coin was not among the top-ten cryptocurrencies at the beginning of 2021. But some hardcore pumping later, the token that backs one of the world’s largest crypto exchanges, Binance, is now the third-largest, falling only behind Bitcoin and Ethereum Read More
Bitcoin (BTC/USD) rose to its highest levels to date at $52,640 on Wednesday after the minutes from Federal Open Market Committee’s January meeting offered bullish guidance. The Fed officials stated that they intend to keep interest rates near zero and Read More
Bitcoin achieved yet another record high in a price rally that has already seen it surging by more than 1,100 percent from its March lows last year. Incidentally, gold, which many consider Bitcoin’s top safe-haven rival, painted a death cross Read More
Another day, another all-time high for Bitcoin. The benchmark cryptocurrency continued its upside trend heading into the European session Wednesday as its price jumped above $51,700 for the first time in history. Meanwhile, its market capitalization surged to over $960 Read More
Bitcoin’s run-up to its all-time high above $50,000 this week has prompted a data analysis firm to predict further upside valuations for the cryptocurrency. TradingShot, an independent trading management firm, wrote in its latest note to followers that it sees Read More
