Cryptocurrency Analysis and News Portal
Bitcoin is looking to leap key resistance alongside a strong rally in gold. The top cryptocurrency by market value is trading around $9,300 at press time, according to CryptoX’s Bitcoin Price Index. That’s close to the resistance of a trendline connecting June 1 and 22 highs. A sustained move past $9,330 would
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Bitcoin traded as high as $9,377 before starting a downside correction against the US Dollar. BTC is currently up holding the $9,200 support and it could continue to rise steadily.Bitcoin is trading in a positive zone above the $9,200 and $9,180 support levels.The price is likely to resume its upward
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After the block reward halving, many analysts in the Bitcoin space expected a “death spiral.”The term is one created by a professor who, in 2018 speculated that BTC could fall to $0 due to a collapse in miners. A “death spiral,” per the journalist, takes place when Bitcoin miners leave
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Although Bitcoin still can’t break above $10,000, nor can Ethereum overtake $250, Chainlink continues to set new record high after high. Even today, the crypto asset keeps raising the stakes on its all-time high.But as new highs are set, the price action has not only triggered but perfected a sell
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Chainlink blockchain’s native asset LINK hit an all-time high Tuesday.The crypto topped at $5.76 on Binance exchange, up by about 4,164 percent from its first day of trading.Its gains appeared as a part of a market-wide upside move but received unique bullish cues from its mention in China’s Blockchain Service
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Altcoins have been taking the spotlight as massive surges are seen across the board. Some have been making 1,000% moves or more as Aave (LEND) and Zilliqa (ZIL), for example. Others are slowly waking up out of the ashes, and some are printing new all-time highs. One of those recent all-time
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Valuation of Cosmos, the 25th-largest blockchain project by market capitalization, hit its 10-week high on Monday.The surprise surge came as a part of a macro market price correction led by Bitcoin’s 2 percent jump.Cosmos’s price rally also appeared as an extension of its last week’s upside move, with a critical
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Recently published data from glassnode shows there are currently more than 1,800 Bitcoin (BTC) whales. From a macro perspective, this increase in the number of whales can be considered bullish.The term whale is used within the crypto industry to describe an individual investor that holds a large amount of BTC.
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The past few weeks have seen Ether stall in terms of price action, with the cryptocurrency trading between $210-240. Not the same can be said about Ethereum’s underlying blockchain activity.Due to a perfect storm of events, the number of users of the network has skyrocketed.Blockchain analytics firm Santiment reported last
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The number of Bitcoin that has not moved in over 12 months achieved a new all-time high. The statistic indicates investors are confident in the long-term trend of BTC.Dan Held, who leads business development at a top U.S. Bitcoin exchange Kraken, said:“61% of Bitcoin hasn’t moved in over a year.
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