Cryptocurrency Analysis and News Portal
Bitcoin may have dropped hugely after setting a yearly high near $10,500, but the small bump has not deterred it from pursuing a significant bull run towards $26,000.That is possible, according to Mayer Multiple (MM) – a popular metric that assists traders in identifying speculative bubbles and bearish exhaustion in
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After a brutal -50% performance against the U.S. dollar in 2019, Ripple’s XRP has mounted a strong recovery to start off this new year.Since bottoming around $0.17 in December, the price of the third-largest cryptocurrency has surged as high as $0.33 — a near 100% gain in eight weeks’ time.
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Bitcoin started a sharp increase above $9,800 and $10,000 against the US Dollar. BTC is currently consolidating and it could soon rally above $10,200 for the next bullish wave.Bitcoin price is showing positive signs above the $10,000 pivot level against the US Dollar.A new intraday high is formed near $10,279
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Bitcoin Price Zig-Zagging Between $8000 and $10000 As the Market Takes Profit February 18, 2020 by Ramiro Burgos Bitcoin price and alt-coins have been in a sideways pattern this past week while the market takes profits. Intermediate support can be seen at $8000, setting a zig-zagging distribution area that could
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Ripple started an upside above the $0.2850 resistance area against the US Dollar. However, XRP price is still facing a couple of key hurdles near $0.3000 and $0.3080.Ripple price is currently correcting higher from the $0.2677 swing low against the US dollar.The price is trading above $0.2850, but it is
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Over the past day, Bitcoin, Ethereum, and the rest of this nascent market have finally shown signs of recovering after the nearly 10% drawdown seen over the weekend. Per data from Coinmarketcap, ETH is up 6.6% in the past 24 hours, rallying to $282 as of the time of this
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Just minutes ago as of the time of this article’s writing, Bitcoin exploded past $10,000 after a nearly-10% correction that brought the asset to $9,500.The cryptocurrency has yet to register a multi-hour or daily candle close above this level, though analysts say this latest break of the psychological $10,000 resistance
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Even a 30 percent crash has not deterred traders from buying Tezos (XTZ), a cryptocurrency that surpassed all its top rivals after staging a parabolic bull run in 2020.The price of the tenth-largest blockchain asset was up 6.66 percent to $3.348 ahead of the European market open. The gains appeared
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Bitcoin Ultimatum (BTCU) is a new fork of Bitcoin from the Prof-it Blockchain development team, with the support of the leading cryptocurrency exchange Coinsbit, co-founded by Nikolai Udianskyi. The Prof-it Blockchain team, lead by Nikolai, faces a serious challenge. The developers are working on improving the Bitcoin blockchain and creating new
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Ripple CEO, Brad Garlinghouse claims the centralization of Bitcoin mining capacity in China is a major point of weakness for the number one cryptocurrency."China controls the Bitcoin blockchain. There are 4 miners in China that represent the 60%+ of mining capacity and 80% of mining capacity is based in China
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