Cryptocurrency Analysis and News Portal
Ethereum has been consolidating over the past few days within the $220 region.Although on the surface its price structure seems similar to that of Bitcoin and its peers, it is important to note that it is currently stuck beneath its long-held trading range between $230 and $250.Its sustained bout of
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When India’s Supreme Court overturned the banking restrictions for crypto exchanges back in March, everything changed. Since then, Binance joined the Internet and Mobile Association of India (IAMAI), which played a key role in overturning the ban, and noted explosive growth via WazirX, the Indian exchange Binance acquired in 2019. A
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Ethereum has seen some tempered gains overnight, recapturing its position within the $240 region as it shows some signs of technical strength.Today’s climb has largely been the result of that seen by Bitcoin, as ETH has been closely tracking the benchmark cryptocurrency’s price action over the past week.This has caused
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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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Ethereum, despite what you may think, did not see a positive 2019. The second-largest cryptocurrency by market capitalization registered a slightly negative performance in 2019, which was starkly contrasted by Bitcoin’s yearly gain of over 90%.This meant that the market for ETH/BTC fell off a cliff, with the price of
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Bitcoin has found some notable stability above $10,000 following yesterday’s massive rally that allowed BTC to surmount the resistance it was facing between $9,600 and $10,000. Its recent bounce does suggest that bulls have some significant strength. The course of its recent uptrend has also allowed the cryptocurrency to build some
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Altcoins are not dead.The alternative crypto market’s explosive $56 billion-rise this year has left skeptics confused. Native tokens of controversial blockchain projects like Bitcoin Cash and Bitcoin SV have swelled by 130 and 280 percent, respectively. An under-developed Ethereum has notched up 95 percent.Meanwhile, XRP, whose long-term holders accused its
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Last updated:February 19, 2020Bitcoin’s firm 2020 uptrend is likely far from over. After incurring some intense selling pressure earlier this week, bulls fought back and propelled the cryptocurrency all the up to highs of $9,900, which is just above where it is currently trading at. This momentum has made it look
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Ripple blockchain’s native asset XRP showed signs of a weakening bullish momentum as traders’ reassessed their risks in the altcoin market.The third-largest cryptocurrency by market capitalization plunged by 4.24 percent on Tuesday. The losses came as a correction to an explosive price rally registered earlier this week, wherein the XRP-to-dollar
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Bitcoin (BTC) bounced back from an early morning sell-off, reaching highs for the day of $7,375, a swing of 7.5% from the lows of $6,854.Other major cryptocurrencies also made similar moves in price, with Ether (ETH) regaining $130 having traded as low as $125.50 and XRP reclaiming $0.19 having
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