Cryptocurrency Analysis and News Portal
Bitcoin is up more than 5% and it broke the key $7,500 resistance against the US Dollar. BTC is now approaching a major hurdle near $8,000 and the 100-day simple moving average.Bitcoin is gaining bullish momentum above $7,000 and $7,200 against the US Dollar.The price is likely to face a
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Ethereum failed to clear the $162 resistance and declined recently against the US Dollar. ETH price is now approaching the main $145 support, where the bulls might take a stand.Ethereum is showing a few bearish signs below the $155 and $162 resistance levels.A new monthly low is formed near $148
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The recent COVID-19 market crash has reduced the risk of a halving price dump and could have set up a Bitcoin bullrun, some cryptocurrency experts believe.Earlier today Chainalysis brought together a group of industry experts for an online panel to discuss the impact of COVID-19 on Bitcoin and what
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Bitcoin is likely forming a double top pattern near the $6,000 resistance against the US Dollar. BTC price remains at a risk of a sharp decline below $5,000 if it fails to recover above $6,000.Bitcoin is showing a few bearish signs below the $6,000 and $6,200 resistance levels against the
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Cryptocurrency scams in 2019 were more risky for U.S. residents than fraud involving romance or payments.That's the conclusion of a report released last week by the Better Business Bureau (BBB), a nonprofit organization focused on marketplace trust. The report found an average dollar loss in crypto-focused fraud of $3,000 for
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A mutation of coronavirus in Brazil was found, and two new strains of COVID-19 were identified by researchers. Virologists say the mutation is minor, and minor mutations can be prevented with a single vaccine. Mutations remain as a minimal threat as of now. New studies published over the past
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The rise in unregulated cryptocurrency betting markets poses a threat to the integrity of horse racing in Asia. So warned Hong Kong Jockey Club’s executive director of racing integrity and betting analysis, Tom Chignell, at the Asian Racing Conference in Cape Town.As reported in the South China Morning Post,
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Bitcoin has surged by more than 40 percent this year, but its inability to sustain above a technical resistance area is increasing the risk of a massive correction ahead.The cryptocurrency on Wednesday plunged back below a so-called $10,000 milestone for the third time in eleven days. The move downhill started
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Ether will face more volatility than bitcoin over the next six months, according to how options have been priced in recent weeks. The spread between the six-month, at-the-money implied volatility for ether (ETH) and bitcoin (BTC) has increased to a six-month high of 22 percent, notes crypto-derivatives analytics firm Skew. The
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Ethereum price started a downside correction from the $230 swing high against the US Dollar. ETH is currently declining and it remains at a risk of more losses below $215 and $2152.Ethereum declined below the $225 and $220 support levels against the US Dollar.The previous support at $225 is now
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