Bitcoin Could Rocket if It Closes Its Monthly Candle Above This Key Level
Bitcoin is currently consolidating within the lower-$13,000 region as bulls move to control its near-term price action. It has
Read MoreBitcoin is currently consolidating within the lower-$13,000 region as bulls move to control its near-term price action. It has
Read MoreUNI – the governance token of the Uniswap platform – has been seeing some immense turbulence in the
Read MoreXRP has been struggling to garner any momentum in recent weeks, with its price action largely being correlated
Read MoreAfter flatlining around $9,600-9,700 for a number of days, Bitcoin saw an explosive price move early Sunday morning. Following
Read MoreIt’s effectively July 2017 in the world of decentralized finance (DeFi), and as in the heady days of the initial coin offering (ICO) boom, the numbers are only trending up.According to DeFi Pulse, there is $1.9 billion in crypto assets locked in DeFi right now. According to the CoinDesk ICO
Read MoreIn May and June, Bitcoin sustained multiple consecutive rejections at $10,000.Every time the cryptocurrency surpassed that level, the rally was quickly stopped by sellers. The chart below from Blockroots founder Josh Rager depicts this trend well.Chart of BTC’s price action over recent months by Josh Rager (@Josh_rager on Twitter). Chart
Read MoreEthereum has declined over the past 24 hours alongside Bitcoin and the aggregated cryptocurrency market. Despite flashing some signs of strength in recent times, this has not been enough to break its tight correlation with BTC.Analysts do believe that the cryptocurrency is now positioning itself to post a massive upwards
Read MoreThe Dow Jones extended its rally with a titanic surge to close the week. Unemployment numbers were vastly better than expected, catching a cautious Wall Street off guard. The stock market’s most visible cheerleader, Donald Trump, is back, and he says the U.S. economy is “a rocket ship.”
Read MoreThe last ADP report shows an employment drop of just 2.8 million in May, against 9 million expected. This encouraging reading will fuel further the stock market rally. Investors’ optimism might fade if the economic recovery isn’t as strong as expected. The stock market may have just found its rocket fuel. According to the
Read MoreWhile Bitcoin is up 5% over the past two days, the crypto-asset market remains in consolidation.After hitting $10,100 in late April, the cryptocurrency has stagnated under that key level. It has since traded in a relatively tight consolidation pattern from $8,500 to $9,500, failing to move decisively out of this
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