Cryptocurrency Analysis and News Portal
Long positions in the second-largest cryptocurrency by market cap have gone parabolic, alongside the asset’s best use case. Bullish sentiment is picking up, and according to a global macro investor with over 25 years of market experience, Etheruem‘s chart looks to be on the”verge” of an “explosive upmove.”The analyst projects
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Bitcoin is currently trading in a broad range above the $6,500 support against the US Dollar. BTC is facing a major resistance near $7,500 and the 100-day simple moving average.Bitcoin is still in a larger downtrend below the $7,500 resistance against the US Dollar.The price is currently consolidating above the
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Ethereum is currently holding the key $100 support zone against the US Dollar. ETH price is slowly recovering and it seems to be eyeing a crucial upside break above $126 and $130.Ethereum is slowly recovering from the $100 support area against the US Dollar.It is trading above the $110 level,
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Gold came within $5 of a new seven-year high, gaining 0.7% on the day. Bullion is rallying on renewed haven demand as investors assess the economic blow back of coronavirus. Citigroup is calling for $2,000/oz. gold in the next 12 to 24 months. The price of gold was approaching
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The Monetary Authority of Singapore (MAS) has greenlit a tokenized securities trading firm for full operations within the city-state.Announced Monday, iSTOX has graduated from the Singapore central bank’s fintech regulatory sandbox and is set to be one of the first securities token platforms that is licensed as a capital markets
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