Cryptocurrency Analysis and News Portal
Hash power on the Bitcoin network has been soaring since May of this year. In the last month alone, Bitcoin has gone from a hash rate of 63.79 million EH/s to 102.85 EH/s. This massive increase directly signals major interest in mining as the block reward halving approaches with less
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Bitcoin price failed to climb higher and declined sharply below $10,000 against the US Dollar.The price is now trading well below the $10,000 level and it could struggle to recover in the near term.There was a break below a contracting triangle with support at $10,150 on the hourly chart of
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A big pullback awaits if bitcoin slips below a key psychological level, according to traders. | Source: ShutterstockThe bitcoin price has dropped from $10,968 to $10,285 in the past three days. If BTC fails to remain above $10,100, traders anticipate a bigger pullback below the $10,000 level.Since early August,
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Bitcoin price is trading back above $10,000 again. | Source: ShutterstockBitcoin gained momentum to continue a recent winning streak as the Chinese Yuan dropped to its weakest level in more than a decade.The benchmark cryptoasset accelerated its early morning advance with a 1.14 percent gain, adding up to 12.44
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ETH price recovered nicely above the $172 and $175 resistance levels against the US Dollar.The price is currently struggling to break an important resistance area near the $180 level.There is a new key bullish trend line forming with support near $175 on the hourly chart of ETH/USD (data feed via
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The price of Bitcoin (BTC) has rallied over the past few days and has again crossed the $10,000 threshold.Bitcoin 7-day chart. Source: Coin360On Aug. 28, Bitcoin dropped $600 in the course of a half-hour — sinking below the $10,000 mark before slumping to a weekly low of $9,362 on Aug.
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Bitcoin broke over the weekend,indecisive in making any moves after trading flatly. | Source: Shutterstock By CCN Markets: According to technical analysts and cryptocurrency traders, the bitcoin price is at a critical juncture following its indecisive weekly close and is waiting for confirmation for either a full short term trend breakdown
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Bitcoin price surprises the market by slipping below $10K levels on August 28. Crytpo analysts trace Bitcoin whales moving massive BTC tokens ahead this week.On Wednesday, August 28, Bitcoin price showed a sudden downward movement crashing below $10,000 levels in just a few minutes. The BTC movement surely took the
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Sunday, Aug. 25 — Most of the top 20 cryptocurrencies are seeing moderate gains on the day while Bitcoin (BTC) circles around the $10,100 mark.Market visualization courtesy of Coin360Bitcoin price is up by 1.67% on the day, trading at around $10,135 at press time, according to Coin360. Looking at
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Ripple price started a fresh decrease after it failed to break the $0.2920 resistance against the US dollar.Bitcoin price is struggling to hold the main $10,500 support area.This week’s followed bullish trend line with support near $0.2740 was breached on the hourly chart of the XRP/USD pair (data source from
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