Cryptocurrency Analysis and News Portal
Believe it or not, Bitcoin is only 53% below its all-time high near $20,000. Ethereum, on the other hand, hasn’t fared so well. The second-largest cryptocurrency, despite the recent rally in the cryptocurrency markets, is still down by over 80% from its all-time high above $1,400, which it reached during
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To all those Cryptomaniaks out there, they will be immensely delighted to learn about the rising popularity of Bitcoin in 2020. Since Bitcoin’s inception in 2009, the rates per coin have been highly impressive starting from $0.01 to $20, 000. If a person has 1 BTC, it means that the
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2019 ended with a rather disappointing sub-twenty cents per XRP, yet the good news continues to roll in with both utility and adoption trending skywards. Join us as we take a look at the biggest factors we think could lead to an XRP price rally, taking it far higher than its
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Ethereum gaining bullish momentum above key hurdles versus the US Dollar, similar to bitcoin. ETH price is likely to accelerate higher towards $145 and $150 in the near term.Ether price is rising steadily and trading above the $135 resistance against the US Dollar.BTC is also showing a lot of positive
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The motivation driving Bitcoin SV (BSV) miners is non-economic in nature, according to a report released by major cryptocurrency exchange Binance on Dec. 18.Binance Research, the exchange’s research arm, has tried to estimate mining profitability for Bitcoin (BTC), Bitcoin Cash (BCH) and Bitcoin SV. Interestingly, the calculations included in
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On Monday Bitcoin price (BTC) abruptly fell below the $7,040 support and dropped to $6,800. As recent as Nov. 22 and Nov. 27, $6,800 served as support so a number of traders had already identified the price as the point where Bitcoin would land if the price pulled back.Cryptocurrency
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Over the last decade, Bitcoin has emerged as a formidable cryptocurrency finding its use-case and application in multiple areas. However, we all know that Bitcoin’s distributed ledger is a public blockchain network. This means that anyone on the Bitcoin network can view the entire history of transactions.While the Bitcoin network
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Zooming out the lens a bit, there are at least three plausible reasons to think this sell-off may be just a hiccup for bitcoin. Source
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Bitcoin’s outlook went from bullish to extremely bearish real quick. Institutions may be playing a huge role in the current selloff. Miners and retail traders add to the supply of bitcoin in the market. Bitcoin is down over 21% in eight days. It has taken out key support of $7,400. Even worse, it
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Bitcoin’s epic surge has lifted the entire crypto market, with one notable exception: ripple (XRP) Ripple is barely treading water, while most of its peers are enjoying meteoric gains. Crypto analysts say there are three reasons XRP is struggling. It’s been quite a while since most cryptocurrencies posted tremendous gains. Major coins such
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