Cryptocurrency Analysis and News Portal
Trillions of dollars have been injected into the global markets in an attempt to revitalize the world economy. The U.S. alone recently hit its highest unemployment rate in history.The whole world seems to be falling apart except for blockchainKraken, one of the largest cryptocurrency exchanges in the United States,
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Ethereum is up around 10% and it traded above the key $130 resistance against the US Dollar. ETH price is likely to continue higher towards the $150 resistance if it clears $140.Ethereum is showing a few positive signs above the $135 level against the US Dollar.The price is now approaching
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Bitcoin's (BTC) price volatility spiked in January and could further increase over the near term because “whales” have surfaced.The cryptocurrency’s annualized volatility grew roughly eight percentage points in January to a three-month high of 58.2 percent, according to Kraken’s monthly report. Volatility rose as bitcoin’s price rallied from lows near $6,850
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Last updated:February 19, 2020Bitcoin’s 2020 uptrend has been unwavering, with the crypto posting steady gains without ever incurring any notable pullback throughout the course of this rally. Overnight, however, the crypto experienced some intense volatility that appeared to be bear’s attempt at invalidating Bitcoin’s bullish market structure by pushing the cryptocurrency
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Bitcoin (BTC) is having a field day as it seems to be enjoying the outbreak of the deadly coronavirus. As fear and uncertainty because of the virus continue to spread, the adverse effects are being felt by several businesses. The world’s financial markets also suffered a crash and even oil stocks
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Bitcoin got a Twitter emoji but it is Ethereum that is doing better as the market enters February 2020.The second-largest blockchain asset by market valuation was up by 51.75 percent on a year-to-date basis as of 0100 UTC, Tuesday. In comparison, leading cryptocurrency bitcoin underperformed by rising a dwarfed 34.81
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Ripple price is down close to 6% and it broke the $0.2050 support area against the US dollar.The price is likely to continue lower below $0.2000 and $0.1980 in the near term.Earlier, there was a break below a couple of bearish continuation patterns with support near $0.2120 and $0.2050 on
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Bitcoin price is slowly declining and it recently broke the $7,200 support area against the US Dollar.The price is currently consolidating above $7,100 and likely to continue lower.Yesterday’s key declining channel is still active with resistance near $7,320 on the hourly chart of the BTC/USD pair (data feed from Kraken).The
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After another sell-off earlier today, crypto markets have continued to fall, with Bitcoin (BTC) briefly dropping below the $8,200 threshold.At the time of writing, 19 out of the top 20 coins by market cap are seeing significant losses. Texos (XTZ), the 17th altcoin by market cap, is resisting the
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Ethereum price is currently declining and it is trading below the $188 level against the US Dollar.It is holding the $185 support area, but there is a risk of more downsides in the near term.This week’s major bullish trend line was breached with support near $189 on the hourly chart
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