Cryptocurrency Analysis and News Portal
As Bitcoin’s halving approaches, market participants appear to have mixed feelings about where the flagship cryptocurrency is headed next. Some of the most prominent analysts in the industry believe that BTC is poised to correct. But, there are others who expect a “face-melting” upswing.Regardless of the ambiguity that the pioneer
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Bitcoin is trading in a positive zone above $9,150 and $9,200 against the US Dollar. BTC could start a strong rally if there is a clear break above $9,400 and $9,500.Bitcoin is slowly rising towards the key $9,400 and $9,500 resistance levels.There are high chances of a strong surge if
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Supply chains have ground to a halt and dozens of millions are unemployed but this hasn’t stopped crypto from getting a big fundamental boost: one of Silicon Valley’s most respected venture capital firms just raised half a billion dollars to invest in industry startups.Related Reading: Crypto Tidbits: Bitcoin Hits $9ks,
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Ethereum, like most other major altcoins, has seen some intense upwards momentum today that has allowed the cryptocurrency to significantly extend its recent uptrend as it begins showing signs of going parabolic again.This latest move has allowed the crypto to nearly invalidate a previously bearish technical formation that it was
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Tezos’ founders, Arthur and Kathleen Breitman, have been in the center of controversy after hinting that they could be stepping away from the project. Arthur’s recent exclusion from the Tezos Technical Advisory Committee and Kathleen’s disinterest in running her upcoming blockchain-game on top of this protocol set off the alerts
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In less than two weeks, the Bitcoin block reward halving will take place and BTC miners will receive half the reward going forward after May 12. Since ‘Black Thursday’ (March 12), bitcoin prices have gained 103% since then rising from $3,800 to $7,750 per coin. With the halving fast
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Bitcoin is down more than 50% and broke many key supports such as $5,000 against the US Dollar. BTC price seems to be forming a short term bottom near $4,000 and it could recover.Bitcoin tumbled below many important supports and tested $4,000 against the US Dollar.The price is currently recovering
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Ripple is down more than 50% in a day and broke the $0.1500 support against the US Dollar. XRP price tested the $0.1200 support area and it is currently showing a few recovery signs.Ripple price is down more than $0.1000 and it recently tested the $0.1200 support against the US
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Bitcoin’s price action over the past couple of weeks has made it incredibly unclear as to whether or not the uptrend it has seen throughout 2020 is more than just a fleeting attempt to rally. Now, BTC’s ongoing bout of sideways trading comes just a couple of months before what one
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Bitcoin is at the risk of crashing below $3,000 as a historically accurate bearish indicator screams ‘sell’ for the first time since July 2018.Bitcoin eyeing deeper bearish correction after Death Cross formation | Source: CryptoHamsterThe benchmark cryptocurrency’s 50-weekly moving indicator slipped below its 20-weekly moving indicator on Thursday, leading to
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