Cryptocurrency Analysis and News Portal
Dogecoin rallied this week from the $0.0022 support area and gained over 100% against the US Dollar. DOGE is currently facing a strong resistance near $0.0500 on the weekly chart.Dogecoin price gained heavily in the past few sessions and rallied more than 100% against the US dollar.The price spiked above
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In little more than 10 years, Bitcoin (BTC) grew from a small cypherpunk community to a matter of national security with vast implications for geopolitics.At the Unitize panel titled “From Bitcoin to Fedcoin: The Next Decade of Digital Money,” Meltem Demirors, CSO of CoinShares, and moderated by Andy Bromberg, president
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Crypto payments processor BitPay now supports segregated witness (SegWit), according to a company blog post shared in advance with CryptoX. “Support for SegWit is currently an optional feature for Bitcoin wallets in the BitPay App. Later this year, as part of a phased rollout plan, support for SegWit will be a
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Bitcoin’s recent price action has done little to offer investors with insight into the cryptocurrency’s current trend, as it has been stuck between $9,000 and $10,000 for an extended period.There are a few crucial price regions within this trading range that could hold massive sway over the cryptocurrency’s near-term trend,
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Bloomberg remains optimistic about Bitcoin (BTC) as long as it stays above a key resistance level.Bitcoin Bollinger Bands. Source: BloombergThe latest report by Bloomberg analyst, Mike McGlone, contends that Bitcoin is consolidating. He speculates that due to the decreasing volatility, Bitcoin price Bollinger Bands are at its lowest point ever.$6,500
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Ethereum’s price has been teetering just above its crucial support that exists at the lower boundary of its long-established trading range.This does appear to be an overt sign of technical weakness, although there are several reasons why some analysts still remain bullish on the cryptocurrency.One trader is noting that ETH
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Bitcoin started an upside correction after testing the $9,000 support against the US Dollar. BTC is now facing a strong resistance near the $9,300 and $9,400 levels.Bitcoin is recovering and it is trading above the $9,200 support level.The price is facing a few key hurdles near $9,300, $9,400, and the
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Ethereum is up around 2% and it broke the $232 resistance against the US Dollar. ETH has likely moved into a positive zone and it could continue to rise towards $240 or even $250.Ethereum is slowly gaining bullish momentum above the $232 resistanceThe price tested the $235 resistance and trading
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Wisdomtree has filed for a commodity fund with 5% exposure to bitcoin, in a fresh attempt to bring an exchange-traded fund (ETF) backed by the benchmark cryptocurrency to the market.According to a filing with the U.S. Securities and Exchange Commission (SEC), the fund is targeting to invest mainly in
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Bitcoin is trading well above key supports on the daily chart against the US Dollar. BTC seems to be preparing for a crucial bullish breakout above the $10,000 resistance zone.Bitcoin traded as high as $10,390 before it started a minor downside correction.The price is currently trading well above the $9,000
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