Cryptocurrency Analysis and News Portal
Ripple started a downside correction from the $0.2110 resistance region against the US Dollar. XRP price seems to be following a bullish flag pattern and it could resume its rally above $0.2000 and $0.2100.Ripple price is correcting lower from the $0.2118 swing high against the US dollar.The price is trading
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Pfizer and BioNTech stocks have jumped in response to receiving ‘Fast Track’ status on their coronavirus vaccine candidates. PFE and BNTX prices are rising.Pfizer Inc (NYSE: PFE) and BioNTech SE (NASDAQ: BNTX) stocks surged after the Food and Drug Administration (FDA) gave the companies’ joint coronavirus vaccine candidates a Fast
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Bitcoin is holding the $9,120 and $9,200 support levels against the US Dollar. However, BTC is facing a confluence of resistance near $9,400, above which it could start a strong rally.Bitcoin is slowly rising and trading above the $9,200 support zone.The price is trading well below the $9,400 resistance, but
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The price of Bitcoin (BTC) has been showing weakness throughout the week. However, the key support level is holding up, and this triggered the continuation of many altcoins such as Tezos (XTZ) and Algorand (ALGO), which are soaring on July 11, gaining over 9% and 17%, respectively. The massive surges in
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Bitcoin was once branded as an asset that was uncorrelated from the rest of the financial markets.Look no further than a survey of institutional investors by Fidelity Investments. It found that a good portion of this group want to buy cryptocurrencies because they are a valuable portfolio diversifier that is
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Chainlink’s LINK token is amid a “full-blown parabolic advance,” according to forex analyst Cole Garner.The on-chain data investigator mentioned a string of technical and fundamental indicators that hint further gains for the altcoin.The analogy appeared as LINK climbed to its lifetime high against Bitcoin on Wednesday.LINK, an altcoin powering the
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Calling Chainlink’s (LINK) recent price performance impressive would almost be an understatement.The cryptocurrency has been on a tear over the past three days. After printing a topping pattern near $4.70, the altcoin rocketed higher by around 50%, reaching a high of $6.60 on Wednesday.Despite the pullback to $6.30, LINK is
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It isn’t only Cardano, Chainlink, and DeFi coins that are rallying at the moment. VeChain (VET), one of the hottest crypto properties of the last bubble, is up 20% in the past hour alone.Stepping back slightly, the asset’s performance is even more impressive. As depicted in the chart below, VET
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The total number of users engaged with decentralized finance (DeFi) protocols has increased by more than 140%, since exceeding six-figures for the first time in January.According to data published by Dune Analytics, the total number of DeFi users was just shy of 240,000 as of July 6 — increasing by
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Bitcoin is slowly moving higher and it recently tested $9,300 against the US Dollar. BTC is now trading well above the 100 hourly SMA, and it is likely to surge above $9,300.Bitcoin is showing a few positive signs above the $9,200 and $9,150 levels.The price revisited the $9,300 resistance and
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