Cryptocurrency Analysis and News Portal
Chinese cryptocurrency hardware manufacturer Bitmain seems to be bouncing back after a streak of dismal reports. Earlier this week, a local industry blog revealed that the mining giant has accumulated over $300 million in revenue so far this year and is rewarding employees with massive bonuses on Labor Day.Bitmain has
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Bitcoin (BTC) did not need a multi-trillion dollar rescue package to continue functioning after crashing 60% in hours.That was the conclusion from analyzing the latest blockchain data, which showed that Bitcoin’s hash rate rebounded in recent weeks.BTC 16% difficulty drop steadies networkFigures from monitoring resource Blockchain confirm that since
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On March 3, Bitcoin (BTC) price gained the most on speculation that the US Federal Reserve, as well as other central banks, will be supporting markets even as concerns of the coronavirus outbreak continue to grow. Bitcoin Jumps Over 4% After Last Week’s Plunge Bitcoin gained 4% to take its price to
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Ethereum started a strong recovery from the $208 swing low against the US Dollar. However, ETH price is likely to fail near $240 and it could resume its decline.Ethereum is up more than 8% and it climbed above the $230 level against the US Dollar.The price is still facing a
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Ethereum was trading in a positive area this Wednesday after rising about 5 percent on a 24-hour adjusted timeframe.The second-largest cryptocurrency settled a new intraday high at circa $286, becoming one of the top-performing assets in the wake of a market-wide upside recovery. At its lowest, Ethereum was trading at
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Wednesday, Nov. 27 — Crypto markets continue to improve, with Bitcoin (BTC) showing signs of recovery as it finds its way back above the $7,500 price mark.Cryptocurrency market daily overview. Source: Coin360Bitcoin started the day at $7,190, at which point the world’s largest crypto coin found an intra-day low of
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The Crypto Fear and Greed Index hit its lowest value in months. The recent decline in prices took the market into “extreme fear.” The market tends to flourish in difficult circumstances. The Crypto Fear and Greed Index (CFGI) recently plummeted to its lowest value in months, signaling “extreme” levels of “fear” in the
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The total crypto market cap is currently correcting higher from the $170.0B support area.Bitcoin price is up around $250 and it is now trading near the $7,000 resistance area.EOS price jumped from the $2.350 support area and climbed above $2.500.Ethereum price is showing positive signs above the $142 level.BCH price
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Bitcoin price is currently correcting higher and it broke the key $8,200 resistance against the US Dollar.The price is now consolidating gains below the $8,300 and $8,350 resistance levels.There is a short term breakout or bullish continuation pattern forming with resistance near $8,250 on the hourly chart of the BTC/USD
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Sunday, Oct. 20 — Crypto markets are slowly turning green, with Bitcoin (BTC) showing signs of recovery as it finds its way back above the $8,200 price mark.Cryptocurrency market daily overview. Source: Coin360Bitcoin has been trading below the $8,000 price mark for the better part of the day but is
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