Cryptocurrency Analysis and News Portal
The entire cryptocurrency market is currently caught in the throes of a multi-week consolidation phase led by Bitcoin. This has caused Ethereum to also see some rangebound trading, being unable to extend its recently incurred upwards momentum.Because ETH has failed to garner any clear direction, analysts are now at odds
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In brief:Crypto Twitter has linked bullish tweets by the Co-Founder and Partner at Morgan Creek Digital, Anthony Pompliano, to Bitcoin experiencing periods of heavy correction. To prove this correlation, a few members of Crypto Twitter have superimposed dates of similar bullish tweets to the corresponding Bitcoin chart. One member of the crypto
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Many in the crypto space hope that the recession following the COVID-19 pandemic will provide the necessary push towards mass adoption. Does this mean that soon we’ll all be paying in Bitcoin? The analysts at Cryptoprocessing.com are not so sure.For crypto evangelists, the coronavirus emergency is the perfect storm: it’s
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[sociallocker id="55298"] Bitcoin’s trading volume has experienced exponential growth which could reach levels similar to major asset classes, according to a new report by Coin Metrics. The cryptocurrency’s daily volume could exceed that of all U.S. equities in less than four years and all U.S. bonds in less than
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Trail partners Ethereum and Ethereum Classic are soon to split ways, highlighted by the latter’s successful “Phoenix” hard fork Sunday night. Executed at block 10,500,839 on May 31, the backwards-incompatible network upgrade makes Ethereum Classic fully compatible with Ethereum. That is, until the larger blockchain swaps its consensus algorithm in a
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Bitcoin leaped over $10,000 in Monday trade as a weakening dollar sentiment sent risky assets higher.The cryptocurrency corrected lower in the early morning Tuesday but signaled strength amid an optimistic macro outlook.Top analysts further predicted the rally to continue, with popular crypto commentator, Ivan Liljeqvist, forecasting a $20,000 price prediction.Bitcoin was
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[sociallocker id="55298"] Prominent Bitcoin figures are working together to ensure the alpha release of Pixelmatic’s Infinite Fleet space adventure game is launched by the end of 2020.Infinite Fleet, under the leadership of Blockstream Chief Strategy Officer and Pixelmatic Chief Executive Officer (CEO) Samson Mow, is being backed by major crypto
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Microsoft shared new details about the backward compatibility features of the Xbox Series X. The console automatically adds HDR support to backward compatible games and improves frame rates up to 120 FPS for some titles. These improvements even affect games developed for the Xbox 360 and the original Xbox
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Bitcoin is currently correcting higher from $8,645 against the US Dollar. BTC price needs to clear the $9,100 resistance area to start a strong upward move and avoid a major downtrend.Bitcoin is facing a couple of key hurdles near the $9,000 and $9,100 levels.The price must settle above the 100
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Ethereum failed to continue above the $210 resistance and declined recently against the US Dollar. ETH price must stay above $195 and $192 to avoid a major downtrend.Ethereum is still struggling to break the $210 and $215 resistance levels.The price might start a decent recovery wave as long as it
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