Cryptocurrency Analysis and News Portal
The transparency of blockchain technology can be used to determine investors’ sentiment towards a given asset. By evaluating what large Bitcoin holders are doing, for instance, it is possible to estimate future price slumps or bullish impulses.Under this premise, Santiment, a behavior analytics platform, maintains that large BTC whales are
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Economic growth figures are starting to trickle in, and, as expected, they’re bad. Really bad. This past week the U.S. reported Q1 GDP growth as -4.8%. Italy’s GDP fell -4.5%, Spain came in at -5.2%, and France trumped that with a whopping -5.8%. And that’s just warming up – Christine Lagarde, head of the ECB, has warned that euro-area GDP
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Ripple blockchain’s native cryptocurrency XRP hit its seven-week high during Wednesday trade.The gains came as a part of a broader cryptocurrency market uptrend that saw every high-cap token painting fresh local highs.But XRP’s interim uptrend could run out of breath as price tests a strong technical resistance.XRP, the cryptocurrency that
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Ripple is trading nicely in a bullish zone above $0.1950 against the US Dollar. XRP price is likely to accelerate higher above the $0.2000 and $0.2020 resistance levels.Ripple price is showing signs of more upsides above $0.2000 against the US dollar.A key support is forming near the $0.1920 pivot level.There
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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 market volatility has hit three-month lows – marking a price squeeze that could soon pave the way for a big move on either side. The spread between bitcoin’s Bollinger bands – volatility indicators placed two standard deviations above and below the 20-day moving price average – narrowed to $895 on
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Bitcoin is slowly gaining momentum and it broke the $7,000 resistance against the US Dollar. BTC is showing positive signs and it is likely to surge towards $7,500 and $8,200.Bitcoin is up more than 5% from the $6,500 swing low formed this past week.The bulls are gaining momentum above $7,500
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Australian fintech unicorn and RippleNet member, Airwallex, raised $160 million in a fundraising round led by the investment arms of Australian ‘big four’ bank, ANZ, and San Francisco-based cloud software company, Salesforce.Existing investors Tencent, Sequoia Capital China, DST Global, and Horizons Ventures also participated in the round — bringing
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There has been an increase in the number of stablecoins issued over the past month, mainly on the Ethereum network. That popularity may also be lifting ether on Thursday.Ether (ETH) prices have climbed 8.4 percent over the last 24 hours, according to CryptoX price data as of 20:10 UTC (4:10
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The number of ransomware attacks globally has dropped significantly since the coronavirus crisis intensified in March, according to a new report from Chainalysis.The blockchain analytics firm said the drop was particularly significant given there were growing concerns over the impact of ransomware attacks against hospitals and other healthcare organizations
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