Cryptocurrency Analysis and News Portal
Bitcoin has stagnated around $9,300 but this hasn’t stopped Cardano (ADA) from surging higher. The altcoin is up over 30% in the past 24 hours, surging higher on an influx of buying volume across all major exchanges.With the latest move higher, Bitcoin Satoshi’s Vision (BSV) has been unseated as the
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After the block reward halving, many analysts in the Bitcoin space expected a “death spiral.”The term is one created by a professor who, in 2018 speculated that BTC could fall to $0 due to a collapse in miners. A “death spiral,” per the journalist, takes place when Bitcoin miners leave
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Ethereum is currently correcting losses from the $228 low against the US Dollar. ETH must climb above the $235 resistance to start a fresh increase in the near term.Ethereum is facing a couple of important hurdles near $235 and the 100 hourly simple moving average.The current price action suggests high
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Ethereum will soon transition from a proof-of-work (PoW) algorithm to proof-of-stake (PoS). The major protocol upgrade that is scheduled for Q3 2020 will transform the crypto-economic incentives around validating transactions. In fact, those holding ETH will be rewarded for their contribution to maintain the network secure.This could be the reason
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Ethereum seems to be consolidating above the $232 and $230 support levels against the US Dollar. ETH price must break the $238 and $240 resistance levels to start a fresh increase.Ethereum is currently stuck in a range and trading near the 100 hourly simple moving average.The price must stay above
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Bitcoin bounced back after crashing below $9,000 a day before.The cryptocurrency’s recovery run took its price above $9,500, a crucial resistance level.Meanwhile, traders called the rebound a “re-accumulation” move before bitcoin breaks above $10,500.Bitcoin bounced back on Tuesday after the Federal Reserve announced its plans to purchase corporate bonds to
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ETH is far from “dead,” but over recent months, its performance has left some wondering if the cryptocurrency will ever experience gains similar to those seen in 2017 and in 2018.The price of the second-biggest cryptocurrency Ethereum price plunged under $230 in spite of having a nice recovery from last
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Although Bitcoin has been incessantly swinging between $9,000 and $10,000 over the past few days, the cryptocurrency is technically still in a consolidation pattern.Ever time BTC attempts to deviate from the range, it is rejected — on both sides. Case in point, when the asset rallied to $10,400 last week,
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Bitcoin options have experienced a massive rise in popularity this year. The Wall Street-esque financial tool allows traders to speculate on future values of an underlying asset – usually with huge leverage and the potential for life-changing payouts. Deribit Leads Race A report by on-chain analytics firm Skew on March 10 showed
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After plunging on Sunday morning, Bitcoin has mounted a strong comeback over the past two hours that has seen it reverse the earlier losses.In the past 30 minutes, the cryptocurrency has rallied from $9,540 to a high of $9,800 — a 2.7% move. And since the daily lows of ~$9,370,
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