Cryptocurrency Analysis and News Portal
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
Read More
Whales holding Ethereum (ETH) have decreased drastically in 2020, despite the currency’s surging prices and institutional adoption, if the latest data from on-chain analytics firm Glassnode is considered. Whales Fleeing ETH Bitcoin’s now-concluded halving saw the pioneer cryptocurrency’s price move from sub-$5,000 in January 2020 to over $10,000. Most digital assets followed
Read More
With bitcoin more than doubling in price since “Black Thursday” nearly two months ago, nearly 85% — or 25.79 million — of addresses holding the cryptocurrency are now “in the money,” according to blockchain intelligence firm IntoTheBlock. However, the current state of the bitcoin market is warning of a post-halving price
Read More
Ethereum has been showing some unprecedented signs of weakness in recent times. This can be seen clearly while looking towards the cryptocurrency’s BTC trading pair.It does appear that in the near-term, the crypto is at risk of seeing a sharp decline as it struggles to remain steady above the support
Read More
Bitcoin (BTC) failed to plant a flag above $9,000 early on Tuesday, even as on-chain data suggests spiking investor interest in the top cryptocurrency by market value. Prices rose to a high of $9,112 at 05:05 UTC, extending a recovery from Monday’s low of $8,528. At press time, the cryptocurrency had
Read More
As the coronavirus pandemic continues to unfold and new signs of lockdowns beginning to be slowly lifted in Europe, all eyes in the crypto community are back on the Bitcoin (BTC) halving. The event is only 10 days away, and Bitcoin’s price seems to be acting accordingly, having surged an
Read More
Bitcoin is now up over 20% in 2020 after rallying to over $9,500 on Thursday. The cryptocurrency’s recovery from March lows ahead of the protocol’s third halving event is primarily fueled by American investors, according to market data. On U.S.-based exchanges, bitcoin has traded at sustained premiums during the end
Read More
There’s an old saying on Wall Street that financial markets are driven by two emotions, fear and greed. In the crypto markets, the driver is often a combination of the two: fear of missing out.The FOMO, as it’s often called, looked strong Wednesday as bitcoin jumped to its highest levels
Read More
According to data released by Glassnode, a leading blockchain and cryptocurrency analytics platform, the number of Bitcoin wallet addresses having a minimum of 0.1 BTC has continued to surge, hitting 3,010,784 on Monday, as more and more crypto investors continue to stack up their Bitcoin holdings. Bitcoin Attracting New Hodlers? Per sources
Read More
New data support the assertion that small bitcoin investors are multiplying rapidly. And anecdotal evidence suggests that much of the growth is taking place in the U.S.The number of network addresses holding at least 0.1 BTC has continued to hit new all-time highs, climbing to 3,010,784 on Monday, according to
Read More