Cryptocurrency Analysis and News Portal
The Tesla stock is en route to reach a record high this week after a 7.56% gain. Boost in Elon Musk’s image as a CEO and reopening of Tesla’s gigafactories place the company in a strong position. Retail investors are also absorbing the sell-off of TSLA stocks from institutions. The Tesla stock (NASDAQ:
Read More
Bitcoin (BTC) is going into the third week of its new halving cycle just $550 away from five figures — but what could really impact price this week? Cryptox takes a look at the main factors that could help — or hinder — the biggest cryptocurrency over the coming days. Stocks and
Read More
Bitcoin may still be up 135% from March’s lows, but the cryptocurrency’s technical outlook is far from bearish.After peaking at $10,000 multiple times over the past month, showing BTC does not yet have the momentum to clear resistances, the cryptocurrency slid as low as $8,625 on Sunday evening in a
Read More
Last week, Bitcoin (BTC) looked poised for a huge move up to $11,000. Instead, we saw a sidewards week of price action coupled with a small pullback. Has Bitcoin topped out? Is there too much selling pressure around $10K? Let's take a look at what's happening with the largest cryptocurrency by
Read More
After having fallen to around $8,900, Bitcoin price now is around $9,160. Since Monday teh asset has lost over $300 of its value.Already 10 days have passed since the last Bitcoin halving occurred but the price now is still hovering around $9K. The only thing that has since skyrocketed and
Read More
Bitcoin’s steady price gains over the past few days ended Friday. With the halving in the rearview mirror, cryptocurrency traders could consider the impact of a continued global economic slowdown after new data showed retail sales dropped to record lows and unemployment numbers continue to worsen.The world’s first cryptocurrency is
Read More
Investor interest in bitcoin options listed on the Chicago Mercantile Exchange (CME) peaked to record highs in the days after the recent halving event. Bitcoin underwent its much-anticipated reward halving on Monday, at which point the reward per block mined was reduced from 12.5 to 6.25 bitcoin (BTC). On the same day,
Read More
CryptoX isn't just hosting its Consensus: Distributed virtual conference this week – it's also raising money for COVID-19 relief, and doing so in an innovative way.The donation project makes use of quadratic funding, the fundraising model developed by Ethereum founder Vitalik Buterin and Harvard researcher Zoë Hitzig. The method uses
Read More
Just 72 hours ago, Bitcoin was trading at $10,100, but the cryptocurrency has since sustained a strong drop.This culminated on Saturday evening and Sunday morning, when Bitcoin crashed from the $10,000 highs to $8,100 within the span of a few hours. It was a strong drop that liquidated over $200
Read More