Cryptocurrency Analysis and News Portal
Dow Jones Industrial Average (DJIA) futures push higher while stock markets are shuttered for Memorial Day. The stock market appears to rise in perfect harmony with global money supply, suggesting that central bank stimulus is the single biggest driver right now. Trump begins re-election fight with a promise of
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Ethereum is currently trading inside a crucial breakout pattern against the US Dollar. ETH price is likely to start a strong increase once it clears the $205 resistance zone.Ethereum is still struggling to clear the key $205 and $206 resistance levels.The price is trading in a range above the $197
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Bitcoin declined heavily from the $10,000 resistance against the US Dollar. BTC is currently correcting higher and it seems like the bulls are likely to push the price back above $9,000.Bitcoin found support above the key $8,200 and $8,000 pivot levels.A low is formed at $8,267 and the price is
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Tether, the world’s most popular stablecoin, will be using the Simple Ledger Protocol built upon the Bitcoin Cash network for issuing its
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Although there are many investors anticipating Bitcoin will fall once again, citing the global uncertainty that is epitomized by the Dow Jones’ record 3,000-point loss on Monday, there are some reasons to believe the cryptocurrency may soon mount a recovery.Related Reading: Crypto Tidbits: Bitcoin Plunges 50%, COVID-19 Cases at Ethereum
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Fundstrat’s Tom Lee was the main highlight of last week’s Blockchain Economy 2020 event in Istanbul, Turkey. Taking the stage on day two, Lee addressed a crypto-savvy audience for about half an hour.Before delving into why Bitcoin (BTC) would see a price hike this year, Lee started his speech
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If you’re one of the many people looking to get into bitcoin for the first time, it doesn’t have to be hard.
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Last updated:February 19, 2020Bitcoin’s firm 2020 uptrend is likely far from over. After incurring some intense selling pressure earlier this week, bulls fought back and propelled the cryptocurrency all the up to highs of $9,900, which is just above where it is currently trading at. This momentum has made it look
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Like it or not, XRP hasn’t fared too well over the past few years. Since its blow-off top in January of 2018, during which the cryptocurrency traded above $3.00, the price of XRP has crashed, falling to $0.24 where it is now and as low as $0.17. That represents an
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There’s no doubt XRP saw poor performance in 2019. During that year, the price of the asset against the U.S. dollar fell by 50%, managing to underperform a swath of traditional asset classes, from stocks and bonds to precious metals and commodities.Because Bitcoin saw a strong 2019, rallying by over
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