Cryptocurrency Analysis and News Portal
After leading the crypto market rally for several weeks, Ethereum faces the return of the bears. The second cryptocurrency by market cap was pushing into the $4,000 resistance before a selloff sent it back to critical support. At the time of writing, ETH trades at $3,466 with an 11.6% loss in
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Sentiment in China has slumped as WeChat searches for Bitcoin dropped 7% this week, while searches for “bear market” spiked 102%. One trend that remained strong was NFT-related, with NFTs receiving an 86% increase in WeChat searches over the seven-day period. Token sales were another hot item with interest in
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Bitcoin has seen some massive momentum throughout the morning that has allowed it to erase a good portion of the losses that came about due to yesterday’s plunge This selloff marked capitulation amongst investors, with many clearly fearing that the multi-month uptrend that led BTC to highs of $42,000 was over
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The COVID-19 crisis has done little to dampen China’s interest in becoming the first major economy to distribute a central bank digital currency. Quite the contrary, its digital currency/electronic payment project appears to be picking up speed. In the Shenzhen region, for example, 100,000 local citizens this month received for free
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Ending the year at $29,111.63, Bitcoin increased by more than 300% last year. With a gain of over 40% in a little over a week, Bitcoin is at $40,436 at the time of this writing.Recent Bitcoin price swell resulted in the cryptocurrency posting a market value higher than social media
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Bitcoin has seen some brutal price action throughout the morning, with overleveraged long positions being shaken out with
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Yearn.finance’s YFI token has been facing some intense selling pressure today as the focus shifts back to Bitcoin. YFI
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Bitcoin capped the week weaker while DeFi crypto locked dipped.The price of bitcoin was able to muster a rise to as high as $13,663 Friday, according to CryptoX 20 data. However, the world’s oldest cryptocurrency subsequently lost some steam and settled to $13,354 as of press time.Michaeal Gord, chief executive
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Bitcoin’s price passed $12,000 for the first time since September as Ethereum fees dipped.Bitcoin (BTC) trading around $11,910 as of 20:00 UTC (4 p.m. ET). Gaining 1.8% over the previous 24 hours.Bitcoin’s 24-hour range: $11,673-$12,058BTC above its 10-day and 50-day moving averages, a bullish signal for market technicians.Bitcoin trading on
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Bitcoin is turning bullish Thursday while ether futures open interest sticks around $1 billion the past month.Bitcoin’s price is on the rise Thursday, moving from a mostly flat trend to hit as high as $11,543 on spot exchanges such as Bitstamp. It was changing hands at $11,537 as of press
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