Cryptocurrency Analysis and News Portal
A new cryptocurrency ecosystem claiming to be “the world’s lightest blockchain” has ostensibly grown to become one of the largest layer 1 testnets by peer count in the industry.Speaking CryptoX on March 24, the developers behind Coda Protocol said that phase three of the network’s testnet launch has now
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Bitcoin’s turbulent price action seen throughout 2020 has primarily favored bears over the past week, with the cryptocurrency’s recent rejection at $10,000 sparking an intense downtrend that led it as low as $8,400. In the time following this intense selloff, however, the cryptocurrency’s bulls have been able to garner some strength,
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This post is part of CoinDesk's 2019 Year in Review, a collection of 100 op-eds, interviews and takes on the state of blockchain and the world. David Nage is the Principal at Arca, a full service digital asset management firm. “It is always wise to look ahead, but difficult to look
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Outlier Ventures, a venture capital firm, said that 2020 will be the start to a new phase in crypto, bitcoin, Ethereum, and blockchain following ten years of development and speculation.The firm’s head of research Lawrence Lundy—which has invested in major cryptocurrencies like bitcoin, Ethereum, Cosmos, Brave, and Chainlink—said that the
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Binance’s cryptocurrency trading platform for United States-based users, Binance.US, is asking its customers to beta test the upcoming Binance.US iOS app.On Dec. 18, Binance.US took to Twitter to announce that the iOS app is now in the beta testing phase. Give the importance of beta testing to a successful
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Bitcoin (BTC) was trending higher on Nov. 4 as sideways behavior gave way to more purposeful upward momentum across markets.Cryptocurrency market daily overview. Source: Coin360Bitcoin seeks to break out of trading rangeData from Coin360 reveals BTC/USD tackling $9,300 on Monday, rising to a 24-hour high of $9,310 on exchanges
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AnalysisWhen looking at the chart below, we can see that Ethereum (ETH)trade is currently trading at $177.8. The price has broken the support of $178, turning it into resistance with new support at $173.43.The price seems to be stuck between the channels, like Bitcoin, with the resistance as the upper
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AnalysisWhen looking at the chart below, we can see that Ethereum (ETH)trade is currently trading at $166.67. The ETH price has recently broken the support of $171.25 turning it into resistance with the next support level at $160.75.The second-largest cryptocurrency’s price has fallen 26% which clearly indicates a negative momentum.
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Bitcoin (BTC) price was testing support at $10,500 on Sept. 4 after its latest move upwards began to stabilize.Market visualization. Source: Coin360Bitcoin primed for fresh bull marketData from Coin360 showed BTC/USD coming off local highs around $10,750 to float around $10,520 on Wednesday, still up almost 10% versus the
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