Cryptocurrency Analysis and News Portal
Bitcoin holds above a key support level of $9,000 amidst growing demand for safe-haven assets.The cryptocurrency is eyeing a break above $9,500 to confirm a medium-term bullish bias.Rising cases of Coronavirus in the US has led investors to withdraw from equities this week. Gold and bonds have inched higher, meanwhile.The
Read More
The U.S. Federal Reserve slashed interest rates by 50 bps on Tuesday citing concerns about the coronavirus outbreak against the bleak economy.
Read More
The price of Bitcoin (BTC) made a severe drop in the past week, similar to the heavy dropdown of the equity markets. However, equity markets have been showing strength this week with a strong relief bounce and today’s announcement from the United States Fed of a 50 bps rate
Read More
After Hedera Hashgraph announced that Google Cloud would be joining its governing council on Tuesday, the price of the network’s native token HBAR rose above 5 cents for the first time since the network’s launch and above 2 cents for the first time in a month.As part of the body
Read More
North Korea’s internet use saw a 300% surge over the past three years, as the country’s regime has continued to rely on cryptocurrencies for various activities.Exploitation of crypto and blockchain technology is among the primary tactics for the country to generate revenue as well as transfer and use illicitly
Read More
View Bitcoin's ongoing upward trend still looks strong with the 50- and 100-day averages eyeing their first bullish crossover since March 2019. The cryptocurrency looks set to test $10,000 over the next few weeks. A minor pullback to levels below $9,000 may be seen before a stronger rally as the
Read More
XRP, the native cryptocurrency of multi-billion dollar fintech company Ripple and its blockchain platform, spiked by 10.5 percent on January 6. The sudden upsurge is likely to have been fueled by Binance Futures integration and strong technicals.Similar to platforms that existed in the crypto sector for many years like BitMEX,
Read More
On December 17, when the bitcoin price fell to as low as $6,500 across major crypto exchanges, the outflow of BTC from exchanges spiked to $606 million.According to data from TokenAnalyst, the outflow of bitcoin nearly tripled on Tuesday from the day prior. Coincidentally, the bitcoin price surged to $7,490
Read More
Bitcoin (BTC) mining difficulty adjusted downwards more than at any time since its 2018 price low on Nov. 8, data shows. As noted by entrepreneur and cryptocurrency commentator Alistair Milne on Monday, difficulty fell by around 7% after the network’s latest readjustment. Difficulty reveals Bitcoin network maneuveringMining difficulty refers to the
Read More
Decred cryptocurrency spiked on Friday. Here's how the technical charts are playing out. | Image: shutterstock.com Decred makes upgrades to its public proposal system. DCR surges over 19% in less than 24 hours. A look at the 4-hour chart reveals DCR could retrace to $16 before it continues rising. Autonomous cryptocurrency Decred (DCR) is
Read More