Cryptocurrency Analysis and News Portal
If you’ve followed the Bitcoin and cryptocurrency space at all over the past few years, you likely know of the term “HODL” or “to HODL.” A misspelling of the word “hold,” it’s an industry joke used by cryptocurrency investors in reference to the investing habits of many in the space:
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Ripple started an upward move above the $0.1850 resistance area against the US Dollar. However, XRP price is struggling to gain momentum above the $0.1900 and $0.1920 resistance levels.Ripple price is showing positive signs above the $0.1850 pivot level against the US dollar.The bulls are still struggling to gain strength
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Ethereum is up close to 8% and it surged above the $180 resistance against the US Dollar. ETH is likely to accelerate higher towards the $195 and $200 levels in the near term.Ethereum is back in a positive zone above the $175 and $180 levels.The bulls are now in control
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Bitcoin is up close to 4% and it broke the key $7,000 resistance zone against the US Dollar. BTC price is likely to surge towards $8,000 if it clears the $7,280-$7,300 resistance zone.Bitcoin remained well bid and it started a fresh increase above $7,000 against the US Dollar.The bears failed
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A report from law firm Fenwick & West LLP reveals venture capitalists have tightened spending in light of the economic crisis, spelling trouble for crypto startups looking for investment money.Not only that, but the findings of the report also show deflation in company valuations when compared to pre-pandemic times.Indeed, in
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Bitcoin undergoes an intraday bounce after testing its long-term support.The recovery follows a deeper downside move earlier this week in the wake of the US oil market’s historic crash.President Donald Trump insists on saving the crude industry via another bailout.Bitcoin rebounded higher Wednesday as the Donald Trump administration discussed the
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At a macro level, the Bitcoin price bottomed every time the premium of Grayscale Bitcoin Trust (GBTC) fell substantially to a local low. After showing a 30 percent premium in March, GBTC markups fell steeply.Historical Bitcoin data shows a steep decline in GBTC premium led to extended ralles (Source: Bitcoin
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Ripple is currently correcting higher from the $0.1780 support zone against the US Dollar. However, XRP price is likely to face another rejection near $0.1880 or $0.1900.Ripple price is trading in a negative zone below the $0.1880 resistance level against the US dollar.The bulls are likely to face a strong
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Bitcoin is currently consolidating above the $6,760 low against the US Dollar. BTC price could correct higher, but upsides are likely to face hurdles near $6,955 or $7,030.Bitcoin is showing signs of an upside correction from the $6,761 low against the US Dollar.A few key hurdles are forming on the
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Tezos’ native cryptocurrency XTZ confirms forming Inverse BARR, a bullish reversal indicator.The XTZ/USD pair is waiting to close above a crucial technical resistance while setting its upside target 50 percent higher.Promising utility growth confirms a bullish scenario in the Tezos market.XTZ, the native token of multi-purpose blockchain Tezos, could surge
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