Cryptocurrency Analysis and News Portal
A survey by Nickel Digital of institutional investors in the UK reveals that more than half of these investors plan to enhance their crypto acquaintance between now and 2023. As revealed by the survey, the institutional investors hinted that they have already invested in crypto assets and anticipate increasing their
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Cardano blockchain’s native asset, ADA, reached a new record high on Monday as investors pinned hopes on an upcoming smart contracts feature that expects to boost the cryptocurrency’s adoption.The ADA/USD exchange rate topped out at $2.899 around 9:00 am UTC, raising anticipations that it would easily close above $3 in the
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Argentina may be nursing plans to adopt bitcoin (BTC) and other cryptocurrencies if the latest comments by President Alberto Fernandez is anything to go by. Hyperinflation has ravaged the country’s economy over the years and Fernandez has hinted that he’s cautiously amenable to crypto. Argentina’s President Fernandez Open to Crypto In an
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Bitcoin (BTC) reached its highest level in more than two months with just a few days remaining before the July inflation report.The top cryptocurrency climbed 1.65% to $45,363 on Aug.8, continuing the upside momentum that has already seen it jumping 21.62% from its August 5 low of $37,300. BTC/USD daily
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Bitcoin's (BTC) latest rebound from below $30,000 has increased its prospects of extending its retracement move higher, at least according to one classic technical pattern.Dubbed as Broadening Formation, the megaphone-shaped pattern appears when the price moves inside two diverging trendlines. Investopedia states that a broadening formation represents disagreement over the
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Elon Musk appears to have again been the catalyst for Bitcoin’s price shedding more than 10% over the weekend after Tesla's CEO appeared to suggest the firm may be planning to dump BTC from its balance sheet this quarter.On May 16, Musk replied to a tweet predicting that Tesla may
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As Ether (ETH) passed $4,000 and multiple altcoins saw their own all-time highs on Monday, data shows that there is still more buying appetite to come.Traders prepare to sink funds into cryptoA trading frenzy is gripping altcoins, while Bitcoin (BTC) continues to consolidate, showing signs that it is ready to tackle
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After breaking out of the two-months ascending triangle, the price of Bitcoin (BTC) is firmly staying above $60,000. Current on-chain volume suggests investors are still strongly buying Bitcoin at current price levels.Furthermore, the current price is not even close to a short-term price top when comparing to historic network valuation
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