Cryptocurrency Analysis and News Portal
The total crypto market cap is showing positive signs above the $210.0B support area.Bitcoin price needs to surpass the $8,400 resistance area to continue higher in the near term.Litecoin (LTC) price is still struggling to climb above the key $60.00 resistance area.Bitcoin cash price is slowly rising towards the $235
Read More
Ripple price started a downside correction after rallying towards the $0.2850 resistance against the US dollar.The price is currently holding the key $0.2720 and $0.2700 support levels.There is a short term breakout pattern forming with resistance near $0.2800 on the hourly chart of the XRP/USD pair (data source from Kraken).The
Read More
Bitcoin price is currently declining after it failed to surpass the $8,400 resistance against the US Dollar.The price is trading near the $8,000 support level, with a minor bearish angle.There is a key declining channel forming with resistance near the $8,260 level on the hourly chart of the BTC/USD pair
Read More
Amidst the crypto rout that has seen bitcoin hit three-month lows, the XRP price is swimming against the tide. In the last 24 hours, the no. 3 cryptocurrency has registered gains of 7%. Per CoinMarketCap, XRP has appreciated by roughly 7% to reach $0.2577 per coin, making it
Read More
The altcoin markets just woke up suddenly with Ethereum and XRP leading the way adding 7% and 16% correspondingly. Despite Bitcoin price makes no major movements, this may mean that the market is starting to mature.Out of the blue, the crypto space seems to have come alive after weeks of
Read More
After suggesting that decentralized asset bitcoin should be backed by Gold, prominent billionaire investor Mark Mobius is asking global investors to raise their stakes in the precious metal.The Mobius Capital Partners’ founding partner said in an interview with CNBC’s “Street Signs” that investors should allocate 10 percent of their portfolio
Read More
There was a steady rise in bitcoin price above the $10,500 resistance against the US Dollar.The price is currently correcting lower after it traded to a new monthly high close to $11,000.There is a key bullish trend line forming with support near $10,200 on the 4-hours chart of the BTC/USD
Read More
Crypto-jacking campaigns increased substantially in the first quarter of 2019 according to a McAfee Labs Threats Report published yesterday. The prevalence of ransomware attacks climbed a massive 118% during Q1, while malware attacks increased by 29% in the same period. The report also states that the attacks were indiscriminate, meaning that
Read More
Major global chipmaker Nvidia, popular with cryptocurrency miners, has outstripped analysts’ expectations with its latest set of quarterly financials.The firm’s Second Quarter Fiscal 2020, published on Aug. 16, revealed $2.58 billion in revenue at earnings of $1.24 per share — as compared with $2.2 billion in the preceding quarter.Still
Read More