Cryptocurrency Analysis and News Portal
There are few indicators capable of accurately detecting professional traders’ sentiment on Bitcoin (BTC). To ascertain whether or not market participants are positioned in a bullish or bearish manner, analysts usually rely on technical analysis and derivatives markets, although those usually mix retail flow. More recently some exchanges created internal metrics
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The number of active Ethereum addresses rose by 100 percent in 2020, according to data fetched by Messari. The
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Bitcoin (BTC) might have triggered the long awaited rally ahead of the $2 trillion Fed stimulus that is expected soon.After a three month silence in the Bitcoin (BTC) price movement, which had some worried of its undisputed volatility, the mother crypto coin has finally broken out of its multi month
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After a substantial, over 675% two-month rally, the altcoin called Aave may finally about to be tamed. A
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In brief:Bitcoin has broken the important $9,300 resistance level.The swift move by Bitcoin from around $9,150 to $9,350 has brought back much-needed volatility.Crypto Twitter has welcomed the move up by Bitcoin.BTC still has the usual resistances of $9,600 and $9,800 before retesting $10,000.Earlier today, Bitcoin (BTC) brought back much-needed volatility
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Like Bitcoin, Ethereum has flatlined over the past few months. For just around eight weeks now, the leading altcoin has traded in between $230 and $240, barely deviating from these two levels. Yet an analyst expects a massive breakout should ETH break above an extremely close resistance level. Related Reading: Crypto Tidbits:
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COVID-19 has become a defining moment in the course of our society, but the impact of the pandemic can be seen through its effects on the economy and society in general. From the perspective of a Bitcoin (BTC) investor, there are many things to consider.Coronavirus emergent patterns determine how the
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Bitcoin has entered yet another consolidation phase, this time hovering around $9,200 as it reestablishes its position within its previously held range between $9,000 and $9,300.The cryptocurrency’s recent price action has done little to offer any significant insight into its macro outlook, as it still remains caught within its long-held
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After attempting to rally through $9,500 this week, Bitcoin failed to sustain its bullish momentum yet again. As of this article’s writing, the leading cryptocurrency trades for $9,200, having sustained somewhat of a pullback.The retracement notably wasn’t caused by Bitcoin: a drop in the S&P 500 on Wednesday forced the
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USD Coin (USDC), a stablecoin project founded by Coinbase and Circle, has hit a major milestone in market capitalization.On July 3, 2020, USDC market cap broke the $1 billion threshold for the first time since the stablecoin was launched in October 2018. According to data from Coin360, the coin has
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