Cryptocurrency Analysis and News Portal
As bitcoin and a number of crypto assets have dropped in value during the last two weeks, its seems that everyone’s hope for six-digit bitcoin prices has become unattainable. However, year-to-date, bitcoin has risen more than 150% in value and despite the rise, skeptics and critics continue to assume bitcoin
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Bitcoin has now become part of El Salvador’s daily life following the official implementation of the cryptocurrency as a legal tender. Since then, the El Salvador government has pledged to purchase bitcoins and has held up its end of the bargain. Now, every time the price of BTC goes down,
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Bitcoin (BTC) whales may be planning to sell at short notice as BTC price action struggles around $47,000.In its daily QuickTake market updates on Dec. 5, on-chain analytics firm CryptoQuant warned that large volume movements on exchanges were increasing again.Data points to whales increasingly eager to sellHighlighting its exchange whale
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Bitcoin (BTC) rebounded to near $50,000 on Dec. 5 as traders continued to take stock of recent events.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewData from Cryptox Markets Pro and TradingView followed a less volatile BTC/USD as it rose to $49,777 on Bitstamp before consolidating.Fresh off a crash to $41,900 early Saturday,
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Bitcoin (BTC) traded near $47,000 on Dec. 4 after a sudden crash confirmed bulls' worst nightmares with 22% daily losses.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewCrypto liquidations pass $2.5 billionData from Cryptox Markets Pro and TradingView showed BTC/USD hitting local lows of $41,960 on Bitstamp — its lowest since Sep. 30.As
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The Republic of El Salvador has procured 150 Bitcoin (BTC) amid the biggest bear market since Bitcoin attained an all-time high of nearly $68,000 back in the first week of November.Salvadoran president Nayib Bukele announced the purchase of 150 BTC as the market price momentarily slipped below $50,000 after losing
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Bitcoin (BTC) and Ether (ETH) have turned down from their respective overhead resistance levels, suggesting that bears continue to sell on rallies.New research in Australia suggests that the Ethereum Improvement Proposal (EIP) 1559 upgrade has turned Ether into a better store of value than Bitcoin. The report said the annual rate
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Bitcoin's (BTC) downtrend extended a few rungs lower on Dec. 3 after the price dropped under $54,000 and traders will note that the BTC/USD daily chart shows a notable uptick in sell volume. Crypto Fear & Greed Index. Source: AlternativeInvestors seem concerned at the emergence of a new COVID-19 variant and
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Ethereum’s Ether token (ETH) is due to launch a "parabolic" attack on BTC to beat all-time highs, one analyst believes.2-week predicts "crazy" ETH moveETH/BTC 1-month candle chart (Bitstamp). Source: TradingViewData from Cryptox Markets Pro and TradingView shows ETH/BTC sitting near three-year highs — but its next move should be even stronger.Ethereum against
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Two days ago on November 30, the price of bitcoin (BTC) tapped a high that day reaching $59,250 per unit, but it has since dropped close to 5% in value to just above the $56K region. Onchain statistics indicate that whales and long-term holders (LTHs) have been spending over the
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