Cryptocurrency Analysis and News Portal
Bitcoin is moving sideways in lower timeframes as the crypto markets continue to run without a clear direction. The first cryptocurrency by market cap trades at $47,837 with a 1.2% loss in the daily chart. BTC moving sideways in the daily chart. Source: BTCUSD Tradingview BTC’s price has been moving in a
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Bitcoin (BTC) looked set to challenge critical $47,000 resistance on Tuesday amid a perfect storm of dwindling supply and “exhausted” bears.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewHodlers vs. whales in the battle for $50,000 retestData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it hit local highs above $46,600 on
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Bitcoin (BTC) futures open interest has recovered to levels in May, raising optimism about a potent bullish breakout move above $50,000.The total number of outstanding futures contracts on the Deribit exchange reached $1.37 billion on Aug. 23, its highest level since May 27. Meanwhile, the difference between the Bitcoin spot
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While the value of cryptocurrencies has varied wildly in the last year, this has not diminished crypto’s attractiveness to criminals. Many of them are moving their illegal activities underground and outside the view of law enforcement. Because of the public nature of most blockchains, however, this rapid movement shouldn’t be
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Bitcoin price started a strong upward move from the $29,250 support zone against the US Dollar. BTC must settle above $32,000 and $32,500 for more upsides in the near term. Bitcoin started a strong increase above the $30,000 and $31,000 resistance levels. The price is now trading well above $31,000 and the
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For people who are interested in running a Polkadot node, there is a “thousand validators” program in the pipeline that aims at boosting the number of validators by 1000.In a bid to help overcome the decentralized feature of its ecosystem, Polkadot has announced an alliance with Chainlink. Using the Polkadot
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Elon Musk announced Friday that Tesla would enter India in 2021.India is the world’s fifth-largest auto market.Several U.S. brands have quit the Indian market in recent years. This includes General Motors and Harley Davidson.The long-awaited entry of Tesla into India is now months away if Elon Musk is to be
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In the crypto era, startups face plenty of unavoidable challenges. From creating a new cryptocurrency that individual and business holders can connect with to getting enough funding for their crypto project, it is easy for a crypto developer to get involved or affected where their energies should be guided. We
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In brief: The US Congress finally agreed to a $2 Trillion stimulus package. Bitcoin (BTC) reacted positively to the news and traded briefly at $6,960, Binance rate. However, the $6,900 resistance area and the CME Bitcoin futures expiry this week, might delay BTC from reclaiming $7,000 and turning it into support. The two major
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Ethereum decline to a new 3-week low at $208 against the US Dollar, similar to bitcoin. ETH price could correct higher in the short term, but upsides are likely to remain capped near $242.ETH price is currently showing a few recovery signs from the $208 low against the US Dollar.The
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