Cryptocurrency Analysis and News Portal
The price of Bitcoin SV (BSV) fell sharply on Tuesday after a day of lower volumes of trading even though its parent blockchain underwent a major upgrade.Bitcoin SV removed block size limits, a thorn that has so far kept blockchains from achieving full-fledged scalability, in its so-called Genesis Hard Fork.
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Bitcoin was heading lower on Tuesday as concerns over a potential $37 million dump grew over traders’ consciousness.The benchmark cryptocurrency hit a new weekly low at $9,116.35 during the early European session, down 5.23 percent from its year-to-date peak of $9,619.95, established Monday. Meanwhile, CME Futures linked to bitcoin plunged
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If you were perusing Crypto Twitter in December of last year, you likely remember the fear that was circulating amongst Bitcoin investors; from June 2019 to December 2019, the price of the leading cryptocurrency fell by over 50% from $14,000 to $6,400, a move that few called.Then, investors across the
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On January 23rd, leading Bitcoin derivatives exchange BitMEX revealed its intent to launch a new financial product for XRP. In a blog post, the company said that this product would be a “Ripple USD quanto swap,” which will allow traders to leverage trade the cryptocurrency with leverage of up to
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Bitcoin price failed to continue above the $9,500 resistance and declined recently against the US Dollar. BTC could either bounce back from $9,150 or it might decline heavily.Bitcoin bulls are fighting hard to protect the key $9,200 and $9,150 support levels against the US Dollar.The price remains at a risk
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Ripple found support near the $0.2460 area and climbed higher against the US Dollar. XRP price surpassed the key $0.2500 resistance to open the doors for more upsides.Ripple price is showing positive signs above $0.2500 and $0.2520 against the US dollar.The price bounced back nicely after testing an important support
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Bitcoin’s dreamy price rally in 2020 could hit a dead end in the coming sessions, according to a bullish reversal indicator.The benchmark cryptocurrency is forming a Rising Wedge pattern as confirmed by its price consolidating between upward sloping resistance and support. More data that confirms the Wedge formation is a
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Bitcoin got a Twitter emoji but it is Ethereum that is doing better as the market enters February 2020.The second-largest blockchain asset by market valuation was up by 51.75 percent on a year-to-date basis as of 0100 UTC, Tuesday. In comparison, leading cryptocurrency bitcoin underperformed by rising a dwarfed 34.81
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Over the past month, Bitcoin (BTC) has exploded higher. The leading cryptocurrency, after bottoming at $6,400 in the middle of December, has surged by nearly 50%, surging as high as $9,550 last week.Despite this, there are some that are currently skeptical of the ongoing rally. One such (claimed) skeptic is
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The bitcoin price rejected $9,500, a multi-year resistance it has been teasing with throughout the past two weeks. The last time it rejected at this level in a similar pattern, it dropped to the $6,000s.Current fractal akin to 2018 price trend of bitcoinIn the first half of 2018, the bitcoin
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