Cryptocurrency Analysis and News Portal
Even though the valuation of all the cryptocurrencies combined fell by circa $8 billion on Monday, Binance Coin (BNB) emerged as a winner.As of 1332 UTC, the ninth-largest crypto was trading at $24.81, up 1.68 percent into the day. It nevertheless did better against bitcoin, rising 5.17 percent to 0.0025
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Bitcoin slipped huge a day after enjoying a strong price rally above its key resistance level of $10,000.The benchmark cryptocurrency was trading at $9,736 early Monday, down 4.35 percent from its Sunday top, according to US exchange Coinbase. Nevertheless, it was still up by more than 36 percent at its
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Bitcoin price climbed steadily above the $10,000 resistance against the US Dollar. However, BTC could correct lower towards $9,850 before it rallies towards the $10,500 area.Bitcoin is currently facing resistance near the $10,200 area against the US Dollar.The price is now showing signs of a downside correction below the $10,000
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Ripple is facing a significant resistance near the $0.2900 area against the US Dollar. XRP price could decline a few points towards $0.2700 before it could rise again.Ripple price is struggling to climb towards the main $0.3000 resistance area against the US dollar.There were more than two rejections noted near
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XRP didn’t have a good 2019 by any means. The third-largest cryptocurrency, third to Bitcoin and Ethereum, actually fell by 50% against the dollar in 2019, dramatically underperforming Bitcoin’s 95% gain and a near-record run in the stock market and in real estate.But, over the past few weeks, prospects for
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Bitcoin gained traction and recently climbed above the $10,000 mark against the US Dollar. BTC price is now in a strong uptrend and it could soon test $11,560 or $12,100.Bitcoin price is showing a lot of positive signs above the $9,500 resistance area.The bulls were able to push the price
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While XRP is up over 50% in the past 50 days, rallying from $0.17 to a local top of $0.29 in just over a months’ time, the cryptocurrency is still dramatically down from its all-time high above $3.00, set in early-2018.In fact, at the current price of $0.278, XRP remains
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Just 30 or so minutes ago, Bitcoin made an attempt at $10,000, breaking past $9,900 for the first time in about forever to jump as high as $9,950. The price spike, unfortunately for bulls, fell short of the ever-so-important five digits.Though, the price of BTC is not done yet, with
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Is there a bitcoin-Tesla connection? Are BTC and Tesla truly the world’s most “disruptive” technologies? Blockchain, not bitcoin. Thanks to a significant uptick in Tesla (NASDAQ:TSLA) stock since the start of 2020, a new narrative has emerged: Tesla stock is—apparently—the new bitcoin. But is there any truth to this beyond a trivial analytic
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The funding rates of bitcoin and Ethereum have been significantly higher than average throughout the past four weeks. It may suggest the crypto market is on track for a strong bull run.Funding has been positive for 37 days, showing glowing crypto market sentimentAccording to a well-known crypto trader who has
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