Cryptocurrency Analysis and News Portal
Bitcoin price started a downside correction below $63,500 against the US Dollar. BTC must surpass $62,500 to start a fresh increase in the near term. Bitcoin is facing resistance near the $62,500 and $63,000 levels. The price is now trading above $62,000 and the 100 hourly simple moving average. There is a key
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Bitcoin price is struggling to gain pace above $63,500 against the US Dollar. BTC could start a fresh rally if it clears $63,500 and $64,000 in the near term. Bitcoin is facing resistance near the $63,500 and $64,000 levels. The price is now trading above $62,500 and the 100 hourly simple moving
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Shares of crypto miners, which have the highest correlation to the bitcoin price, started November on a bullish tone, tracking gains in the price of the largest cryptocurrency. Bitcoin climbed above $64,000 on Nov. 2, after exiting October near $60,000 levels. Ether, the native token of Ethereum, also rallied to
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Ether (ETH), the native cryptocurrency of Ethereum’s blockchain, refreshed record highs on Tuesday amid continued bullish flows in the options market. Meanwhile, tokens associated with virtual reality games extended their rally on Facebook’s recent championing of the metaverse as the next evolution of social technology. Original Source
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Ethereum recently hit a new all-time high following a tremendous bull run alongside top crypto bitcoin. The altcoin has enjoyed glowing success as the market turns to the upside in terms of sentiment. This has helped push ETH and countless altcoins towards new highs in the market. Expectations have been
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Bitcoin (BTC) is “ready to rally” again as BTC price action flips bullish on crucial timeframes, trading platform Decentrader says.In its latest market update on Oct. 29, the firm predicted incoming fresh upside for Bitcoin, which has languished below old all-time highs this week.$150,000 end-of-year potentialDespite sideways moves in BTC/USD
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Ether, the world’s second-largest cryptocurrency by market capitalization, reached a new all-time price high of around $4,400 on Friday, topping the previous record high of $4,379 in May, according to CryptoX data.ETH is up about 11% over the past week, compared to a 3% rise in BTC over the same
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Two blockchain entrepreneurs have launched a new cryptocurrency fund designed to bootstrap promising Web 3 startups, sending a strong signal that venture capital is eyeing the next builders of the decentralized internet. On Friday, Kevin Chou and Mahesh Vellanki unveiled SuperLayer, a crypto venture studio building Web 3 projects directly on
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Facebook’s decision on Oct. 28 to rebrand itself to Meta — to indicate its plans to build an avatar-filled metaverse — helped spark a speculative rally across cryptocurrencies that belong to similar virtual world projects.Decentraland, a virtual place with its own economy, currency (MANA) and social events — accessible to anyone with a
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Ethereum started a fresh rally above the $4,200 resistance against the US Dollar. ETH broke the $4,350 level and it could continue to rise in the near term. Ethereum started a fresh increase above the $4,200 and $4,300 resistance levels. The price is now trading above $4,300 and the 100 hourly simple
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