Cryptocurrency Analysis and News Portal
Bitcoin is gaining bullish momentum and it broke the $9,800 resistance zone against the US Dollar. BTC price is likely to continue higher if it settles above the $10,000 resistance zone.Bitcoin is slowly moving higher and it is trading above the $9,800 and $9,720 support levels.A successful daily close above
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Bitcoin’s price undulations became the calmest in three months on Tuesday, as volatility revisited levels last seen ahead of the “Black Thursday” crash on March 12. The leading cryptocurrency’s 30-day volatility has now fallen to 40%, the lowest level since March 6, according to blockchain analytics firm IntoTheBlock. Meanwhile, 60-day volatility
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[sociallocker id="55298"] A quick rally followed by a sharp decline earlier this week in bitcoin prices spelled trouble for bulls. However, volatility is back in the spotlight and that could bring other opportunities, according to market players. Bitcoin (BTC) was trading around $9,816 as of 20:00 UTC (4 p.m.
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Ripple’s XRP token is going through a stagnation phase without giving any clear signs of where it is headed next. The cross-border remittances token has been contained in a narrow trading range since May 11.This area is defined by the $0.19 support and the $0.206 resistance level.XRP Consolidates Within Narrow
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It’s been a quiet past few days for Ethereum and the rest of the crypto market.After last week’s correction, prices have settled. ETH is trading about 10% lower than its May highs, which is about the same performance assets like Bitcoin.Analysts have begun to bet that second-largest cryptocurrency is primed
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On Monday, Hut 8 Mining reported that first-quarter revenue rose 5% to $9 million from $8.59 million a year ago after the amount of bitcoin (BTC) extracted plunged sharply. Quarter-on-quarter, revenue fell 14%.For the three months to March 31, 2020, the Canadian bitcoin firm said it mined 1,116 BTC,
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Since our last market update, Bitcoin has continued to plunge lower.The leading cryptocurrency just minutes ago tapped $8,180 for the third time in the past two days. BTC has since bounced off that level, indicating that this level is of some importance, rallying back to $8,450 as of the time
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Bitcoin’s block reward halving may be just hours away, two hours away by most estimates, but that hasn’t stopped the price from dumping.The cryptocurrency just slid as low as $8,380 just minutes ago, visiting the levels it was trading at just 24 hours ago.This came after Bitcoin rallied as high
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In the ever-curiouser markets of 2020, bitcoin is only slightly more volatile than the S&P 500 and nowhere close to the bumpy ride oil has been on.In early trading at 00:00 UTC, the world’s oldest cryptocurrency was in $8,800 territory before jumping as high as $9,125 on spot exchanges like
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“It was the best of times; it was the worst of times.”The opening line to Charles Dickens’ "A Tale of Two Cities" provides an apt-enough description of the moment crypto investors now find themselves in as the coronavirus takes a devastating toll on the global economy, raising ugly questions about
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