Cryptocurrency Analysis and News Portal
After the recent halving, Bitcoin is trading under $10,000. Meanwhile, gold has managed to hit new highs.The value of Bitcoin, although said to be on a bullish run in recent times, has struggled to hit key resistance level $10k as gold continues to set new records. The precious metal currently
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Over the past eight weeks, Bitcoin has surged past resistance after resistance in its rally from $3,700 to $9,700 — the price as of the time of this article’s writing.This move has been undoubtedly impressive, with the price action attracting mainstream media attention and Wall Street investors. However, analysts say
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Investor interest in bitcoin options listed on the Chicago Mercantile Exchange (CME) peaked to record highs in the days after the recent halving event. Bitcoin underwent its much-anticipated reward halving on Monday, at which point the reward per block mined was reduced from 12.5 to 6.25 bitcoin (BTC). On the same day,
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Chainlink has been leading the headlines thus far this year after scoring a series of partnerships that have helped it solidify the utility of its native token, LINK. The constant announcements of new startups using its technology have played an important role in the price of this altcoin.The decentralized oracle
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Ethereum has been significantly underperforming Bitcoin in recent times. While the benchmark cryptocurrency is currently hovering around its multi-month highs, ETH is still trading significantly below where it was just over a week ago.This weakness against BTC is showing some tempered signs of degrading, however, as buyers were able to
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It’s been an explosive past few weeks for Bitcoin. The cryptocurrency, which traded in the $6,000s at the start of April, traded as high as $9,500 last week.While the ongoing rally has stalled in the $8,000s, with BTC holding at $8,800, analysts expect upside.Backing this sentiment is a confluence of
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Ripple blockchain’s native cryptocurrency XRP hit its seven-week high during Wednesday trade.The gains came as a part of a broader cryptocurrency market uptrend that saw every high-cap token painting fresh local highs.But XRP’s interim uptrend could run out of breath as price tests a strong technical resistance.XRP, the cryptocurrency that
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Bitcoin found a strong support near $9,330 and started a fresh increase against the US Dollar. However, BTC must settle above the 100 SMA (4-hours) for a sustained upward move.After trading to a new weekly low at $9,336, bitcoin price started a fresh increase above $9,500.The price is now trading
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Netflix’s user base continues to grow despite the emergence of serious competitors. The streaming company is just starting to penetrate international markets. Analysts see NFLX stock popping to $400 and beyond. Many investors have shunned Netflix (NASDAQ:NFLX) as the on-demand video streaming space starts to become overcrowded. The emergence of Disney Plus and
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Bitcoin futures listed on the Chicago Mercantile Exchange rose to multi-month highs, breaking above $10,000 early Friday.The February contract crossed above the psychological hurdle and printed a high of $10,030 at 11:40 UTC, a level last seen on Oct. 26. The breakout into five figures, however, was short-lived as prices
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