Cryptocurrency Analysis and News Portal
2021 has been a wild ride for the cryptocurrency market as Bitcoin shocked its naysayers by setting a new record high at $64,863, and the DeFi and NFT sector made headlines around the world. Crypto traders need to be wary of times like these because the notoriously volatile nature of the
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Over the last few weeks, Americans have read about the U.S. Internal Revenue Service (IRS) upping its tax enforcement to catch cryptocurrency users who have not paid taxes. According to one report, the IRS may get access to bank inflows and outflows via Joe Biden’s American Families Plan. On top
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Bitcoin (BTC) fell to test $44,000 on Aug. 18 with traders still bullish on new all-time highs.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewEyes on $42,000 for higher lowData from Cryptox Markets Pro and TradingView showed BTC/USD hitting local lows of $44,215 on Bitstamp overnight.A continuation of consolidation seen on Tuesday,
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Cardano is close to attaining the title of a fully-fledged smart contracts platform following a critical upgrade in mid-July. The project's founder Charles Hoskinson confirmed that they recently processed the sales of more than $10 million worth of non-fungible tokens atop their public ledger. Moreover, an NFT and DeFi Marketplace called
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Bitcoin (BTC) traded steady on July 27 after a surge above $40,000 resulted in higher levels broadly holding.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAll eyes on Bitcoin higher lowsData from Cryptox Markets Pro and TradingView showed BTC/USD hovering near $37,000, around 8.8% below the peak of Monday's gains.Its first trip above
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Bitcoin (BTC) touched $34,000 on July 24 after the latest resistance flip held to propel the market higher.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin battles $34,000Data from Cryptox Markets Pro and TradingView showed BTC/USD just hitting the $34,000 on Bitstamp on Saturday before returning to linger around $200 lower.The past 24
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In the past two years futures contracts have become widely popular among cryptocurrency traders and this became more evident as the total open interest on derivatives more than doubled in three months. Additional proof of their popularity came as futures turnover surpassed gold, which is a well-established market with $107
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Ethereum is likely to outperform Bitcoin, at least in the short term, said veteran trader Scott Melker in an exclusive interview with Cryptox. Alt szn is upon usMelker sees this period of Bitcoin’s price consolidation as particularly bullish for the second largest cryptocurrency, that recently reached new all time highs. Melker
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Binance Coin (BNB/USD) is bracing for a massive bullish move in the sessions ahead, a trend that could see the exchange token rise above $450. The analogy comes from an independent analyst on Twitter, operating under the pseudonym of Crypto Kaleo to distribute day-to-day cryptocurrency updates across its 142,000 followers. Kaleo
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